Amends GS 58-37-40(f) concerning certain NC auto insurance surcharges, providing that such surcharges imposed to subsidize the losses of the NC Motor Vehicle Reinsurance Facility must beitemized and displayed to the policyholder at the time the policy is issued or renewed, and prescribes the form for that display. Applies to motor vehicle insurance policies issued or renewed on or after October 1, 2017.
Bill Summaries: S137 SURCHARGE TRANSPARENCY.
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Bill S 137 (2017-2018)Summary date: Feb 28 2017 - View Summary