California Insurance Code

§ 10103

INS § 10103 Effective Jan 1, 2021Div. 2 · Part 1 · Ch. 10

Statute text

(a)A policy of residential property insurance shall not be issued or renewed in this state unless it provides the following information on the declarations page of the policy:

(1)The limits of liability for the structure.

(2)The following statement regarding the valuation of the structure: “The limit of liability for this structure (Coverage A) is based on an estimate of the cost to rebuild your home, including an approximate cost for labor and materials in your area, and specific information that you have provided about your home.”

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Legislative history

Amended by Stats. 2020, Ch. 263, Sec. 3. (AB 2756) Effective January 1, 2021.