Section 2345. Disclosure of premium reductions and surcharges  


Latest version.
  • (a)  Every authorized insurer shall specify the nature of each premium
      reduction  or  surcharge  applied  on  a  non-commercial  motor  vehicle
      insurance policy.
        (b)   The   insurer   shall  also  specify  the  total  dollar  amount
      attributable to all surcharges and the  dollar  amount  attributable  to
      each reduction.
        (c)  The  disclosures  shall  be  made on either the premium bill, the
      declarations page or a notice  accompanying  the  premium  bill  or  the
      declarations page, when the surcharge or reduction is initially made and
      thereafter at each policy renewal.