CA AB499

Deletes the conclusive presumption that insurers have complied with earthquake insurance disclosure requirements when obtaining a signature or if no signed acknowledgment is returned within 60 days.

Requires insurers to provide a stand-alone document disclosing changes to existing earthquake insurance policies at renewal only when modifications reduce or substantially differ from previously provided coverage.

Adds that hand-delivered offers, disclosures, or documents with an insured's signed receipt create a conclusive presumption of proper delivery, in addition to existing proof-of-mailing presumptions.

Establishes an effective date of January 1, 2019, for the modified provisions, with operative effect contingent on Assembly Bill 2591 being enacted and taking effect by January 1, 2017.