California AB1931: Insurance: home protection companies.

What the bill says

An act to add Chapter 4 (commencing with Section 12766) to Part 7 of Division 2 of the Insurance Code, relating to insurance. insurance Insurance: home protection companies. Existing law regulates home protection companies, which issue contracts for the repair or replacement of a component, system, or appliance of a home. Existing law prohibits a person from issuing home protection contracts in this state unless they hold a home protection company license issued by the Department of Insurance, except as specified…

From the chaptered text, September 27, 2026:

An act to add Chapter 4 (commencing with Section 12766) to Part 7 of Division 2 of the Insurance Code, relating to insurance. insurance Insurance: home protection companies. Existing law regulates home protection companies, which issue contracts for the repair or replacement of a component, system, or appliance of a home. Existing law prohibits a person from issuing home protection contracts in this state unless they hold a home protection company license issued by the Department of Insurance, except as specified. Existing law requires a home protection contract, as defined, to specify certain information in clear and conspicuous terms, including, but not limited to, every appliance, system, or component covered by the contract and all exclusions and limitations respecting the extent of the contract. This bill would, beginning on July 1, 2027, establish a license for a home protection contract limited lines agent, as defined, for an organization authorized to transact home protection contracts on behalf of a home protection company and in connection with a home protection contract vendor, as defined. The bill would additionally authorize a utility to solicit home protection contracts and transmit protection contract fees if it is a vendor acting on behalf of specified entities, including a licensed home protection contract limited lines agent. The bill would require an applicant for a license to submit …

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Sponsors

• (D, AD21) · primary sponsor