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PARRIS N. GLENDENING, Governor Ch. 553
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(4) THE CREDIT HISTORY OR THE CREDIT SCORE OF THE INSURED;
(5) A RETIERING OF THE INSURED; OR
(6) A SURCHARGE.
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37-605.1.
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(A) (1) EXCEPT IN ACCORDANCE WITH THIS SUBSECTION AND EXCEPT AS
PROVIDED IN SUBSECTION (C) OF THIS SECTION, WITH RESPECT TO A POLICY OF
MOTOR VEHICLE LIABILITY INSURANCE OR A BINDER OF MOTOR VEHICLE LIABILITY
INSURANCE, IF THE BINDER HAS BEEN IN EFFECT FOR AT LEAST 45 DAYS, ISSUED IN
THE STATE TO ANY RESIDENT OF THE HOUSEHOLD OF THE NAMED INSURED, AN
INSURER OTHER THAN THE MARYLAND AUTOMOBILE INSURANCE FUND MAY MOT
INCREASE A RENEWAL POLICY PREMIUM BY 20% OR MORE.
(2) (I) AT LEAST 45 DAYS BEFORE THE EFFECTIVE DATE OF THE
PROPOSED RENEWAL POLICY PREMIUM INCREASE, THE INSURER MUST SEND BY
CERTIFICATE OF MAILING WRITTEN NOTICE OF THE PROPOSED RENEWAL POLICY
PREMIUM INCREASE TO THE INSURED AT THE LAST KNOWN ADDRESS OF THE
INSURED.
(II) THE NOTICE MUST:
1. BE IN TRIPLICATE AND ON A FORM APPROVED BY THE
COMMISSIONER;
2. STATE IN CLEAR AND SPECIFIC TERMS THE REASON FOR
THE RENEWAL POLICY PREMIUM INCREASE;
3. PROVIDE A TOLL FREE TELEPHONE NUMBER FOR THE
INSURED TO CONTACT A REPRESENTATIVE OF THE INSURER TO REQUEST
INFORMATION ABOUT THE RENEWAL POLICY PREMIUM INCREASE;
4. ADVISE THE INSURED THAT GENERAL RATE
INFORMATION REGARDING PRIVATE PASSENGER AUTOMOBILE INSURANCE IS
AVAILABLE FROM THE COMMISSIONER)
5. NOTIFY THE INSURED OF THE RIGHT TO PROTEST A
RENEWAL POLICY PREMIUM INCREASE THAT THE INSURED BELIEVES IS INCORRECT,
AND DESCRIBE THE PROCEDURE FOR FILING A PROTEST;
6. REQUIRE THE INSURED TO PAY ALL PREMIUMS WHEN
DUE, EXCEPT ANY RENEWAL POLICY PREMIUM INCREASE OF 20% OR MORE THAT IS
THE SUBJECT OF A PROTEST UNDER THIS SECTION; AND
7. PROVIDE THE NAME, ADDRESS, AND TELEPHONE
NUMBER OF THE COMMISSIONER
(III) A NONMATERIAL, TYPOGRAPHICAL, OR GRAMMATICAL ERROR
OR THE INCLUSION OF NONMATERIAL INFORMATION IN A NOTICE, AS DETERMINED
BY THE COMMISSIONER, DOES NOT INVALIDATE THE NOTICE.
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- 4177 -
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