Section 230-RICR-20-20-1.6 - Notice of Premium or Coverage ChangesA. An insurer shall provide to the first-named insured at the mailing address shown on the policy, and, if applicable, to the insurance producer of record, written notice of any premium increase in excess of ten percent (10%) and shall also provide the exact renewal premium (or if the exact renewal premium is not available a reasonable estimate of the renewal premium) at least sixty (60) days prior to the expiration date of the policy. Notice does not have to be provided if the increase is a result of an audit or an increase in exposure requested by the insured. B. Written notice of any coverage elimination, reduction, diminution or increased deductible must be given at least sixty (60) days prior to the expiration date of the policy. The notice must itemize and describe the coverage changes and shall be separate from the renewal policy. Notice does not have to be provided if the coverage change is at the request of the insured. C. If the insurer fails to provide the notice required by §§ 1.6(A) or (B) of this Part above, the coverage provided to the named insured shall remain in effect until notice is provided or until the effective date of replacement coverage obtained by the named insured, whichever first occurs. For the purposes of this regulation, notice is considered given sixty (60) days following date of giving of the notice. If the named insured elects not to renew, any earned premium for the period of extension of the terminated policy shall be calculated pro rata at the lower of the current or previous year's rate. If the insured accepts the renewal, the premium increase, if any, and other changes shall be effective the day following the prior policy's expiration or anniversary date.D. The requirement of this section shall not apply to changes based upon the altered nature or extent of the risk insured.E. Notice under this section is not requested to be provided to an insurance producer of record that a. is an employee of the insurer; or b. is a non-employer exclusive agent of the insurer. F. Notice must be provided to the named insured in all applicable cases even if notice to the insurance producer is not required.230 R.I. Code R. 230-RICR-20-20-1.6