California AB1986 requires insurers to provide premium quotes for residential property insurance that includes the price of insurance if the property.
California AB1986 amends the Insurance Code to mandate that insurers provide a premium quote for residential property insurance that includes the price of insurance if the property is certified as "hardened" by a home hardening certification program established or approved by the State Fire Marshal. The bill also requires insurers to provide a premium quote for the residential property in its current state. This applies to policies specified in Section 675 of the Insurance Code.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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