California AB2637 mandates insurers to notify policyholders of statute of limitations for claims related to corrosive soils.

California AB2637 amends Section 2070.1 of the Insurance Code to require insurers to notify policyholders in writing about the statute of limitations for claims related to damage from corrosive soils. This applies to claims presented before and after January 1, 1989. Insurers must provide this notice at least 30 days before the statute of limitations expires unless the insured is already represented by an attorney. Failure to provide the notice tolls the statute of limitations.

California AB2637 mandates insurers to notify policyholders of statute of limitations for claims related to corrosive soils.

California AB2637 amends Section 2070.1 of the Insurance Code to require insurers to notify policyholders in writing about the statute of limitations for claims related to damage from corrosive soils. This applies to claims presented before and after January 1, 1989. Insurers must provide this notice at least 30 days before the statute of limitations expires unless the insured is already represented by an attorney. Failure to provide the notice tolls the statute of limitations.