40 Pa. Stat. § 3401

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 3401 - Notice of increase in premium

Notwithstanding any other provision of law, a policy of insurance covering commercial property or casualty risks in this Commonwealth shall provide for not less than 30 days' advance notice to the named insured of an increase in renewal premium. This section shall not apply to policies written on a retrospective rating plan.

40 P.S. § 3401

1986, July 3, P.L. 396, No. 86, § 1, imd. effective. Amended 1995, June 13, P.L. 60, No. 10, § 1, effective in 60 days.