# Conditional Renewal

If we conditionally renew this policy subject to:

a. Change of limits;

b. Change in type of coverage;

c. Reduction of coverage;

d. Increased deductible;

e. Addition of exclusion; or

f. Increased premiums in excess of 10%, exclusive of any premium increase due to and commensurate with insured value added or increased exposure units; or as a result of experience rating, loss rating, retrospective rating or audit;

we will send notice as provided in paragraph 3. below.

## Notices Of Nonrenewal And Conditional Renewal

a. If we decide not to renew this policy or to conditionally renew this policy as provided in paragraphs 1. and 2. above, we will mail or deliver written notice to the first "Named Insured" shown in the Declarations at least 30 but not more than 120 days before:

1. The expiration date; or
2. The anniversary date if this is a continuous policy.

b. Notice will be mailed or delivered to the first "Named Insured" at the address set forth in Item 1. of the Declarations and to the authorized agent or broker. If notice is mailed, proof of mailing will be sufficient proof of notice.

c. Notice will include the specific reason(s) for nonrenewal or conditional renewal, including the amount of any premium increase for conditional renewal and description of any other changes.