Pennsylvania Code & Bulletin

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 1806 (March 30, 2024).

31 Pa. Code § 67.34. Contents of the surcharge disclosure plan.

§ 67.34. Contents of the surcharge disclosure plan.

 (a)  A surcharge disclosure plan shall describe the circumstances and conditions when a surcharge would be applied, the estimated increase of the surcharge per policy period per policyholder and the number of years a surcharge will be in effect. The estimated increase of the surcharge may be stated as a percent or dollar amount of premium increase. The estimated increase may also be stated as a percentage of the base premium if the insurer describes the manner in which the prospective or named insured’s premium relates to the base premium.

 (b)  The insurer shall disclose the approved dollar threshold in the surcharge disclosure plan.

 (c)  The insurer shall disclose in the surcharge disclosure plan whether the insurer will assess a premium surcharge due to the payment of an at-fault accident by another insurer.

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