Existing law defines the measure of indemnity for a loss under an open fire insurance policy and specifies time limits under which an insured must collect the full replacement cost of the loss. In the event of a total loss of an insured structure, existing law prohibits a fire insurance policy issued or delivered in this state from containing a provision that limits or denies payment of the building code upgrade cost or the replacement cost on the basis that the insured has decided to rebuild at a new location or to purchase a built home at a new location. This bill would make technical, nonsubstantive changes to those provisions.
No votes to display
Returned to Secretary of Senate pursuant to Joint Rule 56.
From printer. May be acted upon on or after March 27.
Read first time.
Introduced. To Com. on RLS. for assignment. To print.
|Bill Text Versions||Format|
|02/22/19 - Introduced|
|No related documents.|
Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.
If you notice any inconsistencies with these official sources, feel free to file an issue.