Bills

AB 493: Insurance.

  • Session Year: 2015-2016
  • House: Assembly
  • Latest Version Date: 2015-02-23
Version:

Existing law governs home protection contracts for the repair or replacement of a component, system, or appliance of a home. Existing law prohibits a person from issuing or offering to issue home protection contracts in this state unless the person holds a home protection company license issued by the Department of Insurance, except as specified. Existing law requires a home protection contract to specify, among other things, the service fee or fees, in any, to be charged for services performed under the contract.

This bill would prohibit a home protection contract, issued, delivered, amended, or renewed on or after January 1, 2016, from charging a service fee or fees if no repair is made.

Authors shown for version:
Introduced (2/23/2015)

Bill Author