CA AB1816

Extends notice of nonrenewal timeline from 45 days to 75 days prior to policy expiration for policies expiring on or after July 1, 2020, and requires insurers to provide Department of Insurance contact information in nonrenewal notices starting July 1, 2020.

Modifies California Insurance Guarantee Association (CIGA) coverage limits for residential property insurance by treating each loss under a different coverage category as a separate covered claim and increases the dwelling structure damage limit to $1,000,000 or the policy amount, whichever is less.

Expands FAIR Plan participation relief to include insurers voluntarily writing basic property insurance in high or very high fire hazard severity zones designated by the Department of Forestry and Fire Protection, in addition to existing brush hazard area relief.

Requires the FAIR Plan facility to submit three reports (due July 1, 2023; July 1, 2025; and July 1, 2027) to the Governor, Insurance Commissioner, and legislative insurance committees analyzing credits for voluntary writings in high and very high fire hazard severity zones.

Declares the act an urgency statute effective immediately to provide prompt assistance to homeowners in fire hazard areas seeking insurance coverage.