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CA SB1295

Bill

Status

Passed

9/27/2024

Primary Sponsor

Susan Rubio

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Requires insurers to provide 10 days' notice of cancellation for nonpayment of premium, with the notice period commencing after the premium payment due date is missed
  • Makes cancellation for nonpayment effective only if the insured fails to cure the nonpayment identified in the notice by the end of the 10-day period
  • Maintains existing 20-day notice requirement for cancellations for reasons other than nonpayment
  • Permits electronic notice to lienholders with their consent
  • Approved by Governor on September 27, 2024

Legislative Description

Automobile insurance: notice of cancellation.

Last Action

Chaptered by Secretary of State. Chapter 793, Statutes of 2024.

9/27/2024

Committee Referrals

Insurance5/28/2024
Insurance4/3/2024
Rules2/15/2024

Full Bill Text

No bill text available