Under existing law, a notice of cancellation of an automobile insurance policy shall not be effective unless mailed or delivered by the insurer to the named insured, lienholder, or additional interest at least 20 days prior to the effective date of cancellation, and at least 10 days' notice of cancellation when the reason for cancellation is for nonpayment of premium. For purposes of this provision, nonpayment of premium means failure of the named insured to discharge when due any of their obligations in connection with the payment of premiums on a policy, or any installment of the premium, as specified. Existing case law requires the 10-day notice period for nonpayment to commence after default. This bill would require that the 10-day notice period for nonpayment commence after nonpayment of premium due by the specified due date and make a cancellation for nonpayment effective, as specified, if the insured has not cured the nonpayment of premium due identified in the notice by the end of the 10-day period.
Chaptered by Secretary of State. Chapter 793, Statutes of 2024.
Approved by the Governor.
Enrolled and presented to the Governor at 3 p.m.
In Senate. Ordered to engrossing and enrolling.
Read third time. Passed. (Ayes 76. Noes 0. Page 6890.) Ordered to the Senate.
From consent calendar on motion of Assembly Member Blanca Rubio.
Ordered to third reading.
Read second time. Ordered to consent calendar.
From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (June 26).
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 39. Noes 0. Page 4015.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 6. Noes 0. Page 3757.) (April 24).
From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.
Set for hearing April 24.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
From printer. May be acted upon on or after March 17.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Bill Text Versions | Format |
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SB1295 | HTML |
02/15/24 - Introduced | |
03/20/24 - Amended Senate | |
04/09/24 - Amended Senate | |
09/03/24 - Enrolled | |
09/27/24 - Chaptered |
Document | Format |
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04/22/24- Senate Insurance | |
04/26/24- Sen. Floor Analyses | |
06/25/24- Assembly Insurance | |
07/02/24- ASSEMBLY FLOOR ANALYSIS |
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