Today's Law As Amended

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AB-3166 Insurance: residential property insurance: requirements upon nonrenewal.(2017-2018)



SECTION 1.

 Section 10095.5 of the Insurance Code is amended to read:

10095.5.
 (a) The association shall establish and maintain an Internet Web site and a statewide toll-free telephone number through which a person may receive information and assistance in applying for insurance through the plan. The association shall cause the toll-free telephone number to be published in all general distribution telephone directories in the state and shall include the toll-free telephone number and Internet Web site address on all communications with an applicant or insured.
(b) An insurance agent or broker transacting basic property insurance shall assist a person seeking his or her help in obtaining basic property insurance coverage by any one of the following methods:
(1) Making an application for insurance through the plan by submitting an application at the person’s request.
(2) Providing the person with the California FAIR Plan’s Internet Web site address and the toll-free telephone number.
(3) Making an application for insurance, at the person’s request, and placing that person with or through an insurer that offers, or a surplus line broker that procures, basic property insurance coverage.
(c) If an insurer that does not place insurance through an agent or broker fails to renew or offer to renew a policy of residential property insurance, the insurer shall notify the policyholder as follows:
(1) Advising the policyholder that other insurers that place insurance through an agent or broker may be able to help find appropriate insurance coverage.
(2) Advising the policyholder that a surplus line broker may be able to help find appropriate insurance coverage through a nonadmitted insurer.
(3) Providing the policyholder with the California FAIR Plan’s Internet Web site address and the toll-free telephone number and advising him or her that the FAIR Plan may be able to help find appropriate insurance coverage.