§2345
|
§2345 . Disclosure of premium reductions and surcharges.
|
§2345(a)
|
(a) Every authorized insurer shall specify the nature of each premium reduction or surcharge applied on a non-commercial motor vehicle insurance policy.
|
§2345(b)
|
(b) The insurer shall also specify the total amount attributable to all surcharges and the amount attributable to each reduction.
|
§2345(c)
|
(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. Source Data downloaded: 2009-04-19 12: 31: 28; Processed: 2009-05-08 15: 35: 56
|