NC H496

Requires North Carolina auto insurance surcharges imposed by the Motor Vehicle Reinsurance Facility to be itemized and displayed separately on the declaration page or renewal notice, rather than combined with premium charges.

Specifies that surcharges must be labeled as "The Premium Clean Risk Surcharge is $_____and is included in your premium above" and appear below coverage and premium information.

Applies to motor vehicle insurance policies issued or renewed on or after January 1, 2017.

Maintains existing provisions for member companies to recoup assessments through surcharges on nonfleet private passenger motor vehicle policies until the assessment is fully recouped.