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This entry was published on 2014-09-22
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SECTION 2345
Disclosure of premium reductions and surcharges
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2345. Disclosure of premium reductions and surcharges.

(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.