AB 2161 Summary

• Authorizes insurers to offer discounts on commercial property insurance for property owners who install vehicle barriers as a safety measure
• Vehicle barriers must meet minimum vehicle impact protection standards established by the State Fire Marshal and California Building Standards Commission
• Discounts apply to insurance covering damage, loss, or liability arising from ownership, maintenance, or use of commercial property
• Requires all insurance discounts to be actuarially sound and approved by the Insurance Commissioner before implementation
• Effective date: July 22, 2016