Section 58-3-145 - Solicitation, negotiation or payment of premiums on insurance policies(a) An insurer or insurance producer may accept electronic payment, as defined in G.S. 147-86.20, of an insurance premium if the insurer or insurance producer complies with the prohibition against unfair discrimination contained in G.S. 58-63-15(7).
(b) An insurer or insurance producer accepting electronic payment by credit or debit card may charge the person using electronic payment a convenience fee in an amount not to exceed four percent (4%) of the electronic payment.N.C. Gen. Stat. § 58-3-145
Amended by 2023 N.C. Sess. Laws 133,s. 11-a, eff. 10/1/2023.Amended by 2022 N.C. Sess. Laws 46, s. 14-k, eff. 7/7/2022.Amended by 2011 N.C. Sess. Laws 215, s. 1, eff. 10/1/2011. 1967 , c. 1245; 1979 , c. 528; 1991 , c. 720, s. 7; 1999-365, s. 1.