CA AB447

Prohibits admitted insurers from denying, canceling, or issuing residential property insurance on unfavorable terms based on income level or source of non-owner residents or receipt of government housing assistance (including Section 8 vouchers).

Prohibits insurance applications and investigation reports from identifying or requesting information about income levels of non-owner residents or housing assistance received by individuals residing on the property.

Allows insurers to consider income source of non-residential commercial tenants when assessing insurability for mixed-use properties.

Does not prevent insurers from denying applications or canceling policies based on other underwriting factors or legally permitted reasons unrelated to the prohibited characteristics.