CA AB3012

Requires insurers to provide notice of nonrenewal for residential property policies expiring on or after July 1, 2021, accompanied by information about the California Home Insurance Finder and FAIR Plan policies as alternatives.

Mandates the California FAIR Plan Association develop and implement a clearinghouse program by July 1, 2021, to help reduce existing FAIR Plan policies by connecting policyholders with admitted insurers offering homeowners insurance.

Expands California Insurance Guarantee Association (CIGA) covered claims to include workers' compensation benefits for California residents under any state's law, medical services provided by state or federal facilities, and claims under policies statutorily allocated or assumed by companies later placed in liquidation.

For total losses in state of emergencies, requires insurers to pay at least 30% of the dwelling policy limit for contents without requiring an itemized claim and allows policyholders to recover additional amounts by filing a subsequent claim.

Prohibits limitations on additional living expense coverage for homes rendered uninhabitable by covered perils during state of emergencies, effective July 1, 2021, with minimum coverage periods of at least 2 weeks and 2-week extensions available for good cause.