North Carolina Law and Policy

William W. Plyler, N.C. Attorney, Publisher

Statute Trumps Auto Insurance Policy

| March 1, 2011

The procedure for cancellation of an auto insurance policy by an insurance premium finance company is governed by statute (N.C.G.S.  58-35-85), not by the language of the insurance policy.  This is the holding of today’s decision by the North Carolina Court of Appeals in Universal Insurance Company v. Patterson, (No. COA10-896, filed March 1, 2011). [...]