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Insurance Code § 10095.8

‹ § 10095.7§ 10096Open in browserleginfo ↗

10095.8.

(a) On or before April 1, 2026, the association shall create an automatic payment system and accept automatic payments for premiums from policyholders.

(b) A policy shall not be canceled or nonrenewed solely because the policyholder is not enrolled in automatic payments.

(c) If a policyholder fails to timely pay any outstanding installment premium, the policyholder shall have a period to pay the outstanding installment premium, in accordance with Section 677.4.

(Added by Stats. 2025, Ch. 475, Sec. 1. (AB 290) Effective January 1, 2026.)