N.Y. Insurance Law § 2345: Disclosure of premium reductions and surcharges

§ 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.