KRS 304.39-083: Binder cancellation -- Notification to Department of Vehicle Regulation.

(1) If the owner of a motor vehicle has been issued a binder, or other contract for

temporary insurance, for motor vehicle security and subsequently contacts the agent

who issued the binder or other contract for temporary insurance to cancel the motor

vehicle security before the agent has forwarded the person's application for a binder

or other contract for temporary insurance to the insurance company, the agent shall

immediately notify the Department of Vehicle Regulation that the owner has

canceled the binder for motor vehicle security.

(2) The agent notification required by subsection (1) of this section may be through

verbal communication or written communication with the Department of Vehicle

Regulation. The agent shall notify the department of the following information:

(a) The name, address, and telephone number of the owner who canceled the

binder or other contract for temporary insurance;

(b) The name of the insurer who issued the binder or other contract for temporary

insurance;

(c) The year, make or model, and vehicle identification number of the motor

vehicle on which the binder or other contract for temporary insurance was

issued;

(d) The date the binder or other contract for temporary insurance was issued; and

(e) The date the binder or other contract for temporary insurance was canceled.

The department shall respond to all agent notifications in writing confirming that an

agent notified the department with the information required by this subsection. If

the agent notifies the department verball y, the agent shall, within five (5) business

days of the initial notification, send a letter to the department, setting forth the

required information in writing.