At least 45 days prior to the renewal date of a policy subject to this chapter, an insurer shall send written notice to the named insured and the insurance producer of the policy. The notice required under §A of this regulation: Shall be clear and specific; Shall state the dollar amount or amounts of the policy’s expiring premium; Shall state the dollar amount of the policy’s renewal premium; Shall be sent either by first class mail or delivered by electronic means pursuant to the requirements of Insurance Article, §27-601.2, Annotated Code of Maryland; and May be sent together with the renewal policy and may be included on the declarations page of the renewal policy.