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CA SB1295
Bill
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