AB488 repeals certain provisions of the California Insurance Code related to the FAIR Plan Association and amends others.

AB488 repeals Section 10094.5 of the Insurance Code, which required the California FAIR Plan Association to file a new or amended rate application within 90 days of the effective date of the section. It also amends Section 10095.5 to require insurance agents or brokers to assist individuals in obtaining basic property insurance through the FAIR Plan by providing the plan's website and toll-free number or by applying directly through the plan. The FAIR Plan Association must maintain an internet website and a toll-free telephone number for public use.

AB488 repeals certain provisions of the California Insurance Code related to the FAIR Plan Association and amends others.

AB488 repeals Section 10094.5 of the Insurance Code, which required the California FAIR Plan Association to file a new or amended rate application within 90 days of the effective date of the section. It also amends Section 10095.5 to require insurance agents or brokers to assist individuals in obtaining basic property insurance through the FAIR Plan by providing the plan's website and toll-free number or by applying directly through the plan. The FAIR Plan Association must maintain an internet website and a toll-free telephone number for public use.