CHAPTER 8.5. Earthquake Insurance
Chapter 8.5 added by Stats. 1984, Ch. 916, Sec. 1.
§§ 10081–10089.4 · 19 sections
- § 10081 No policy of residential property insurance may be issued or delivered or, with respect to policies in effect on the effective date of this chapter, initially…
- § 10082 (a) The offer required by Section 10081 shall include coverage against risk of loss or damage from the peril of earthquake, in accordance with the minimum…
- § 10082.3 Notwithstanding any other provision of law, the following provisions regarding loss requirements, appraisals, and adjusters shall apply to the following types…
- § 10082.5 (a) If an insurer subject to this chapter charges an additional earthquake insurance premium or deductible because a dwelling fails to comply with paragraph…
- § 10083 (a) The offer of coverage required by Section 10081 may be made prior to, concurrent with, or within 60 days following the issuance or renewal of a residential…
- § 10084 An insurer which issues or delivers a policy of residential property insurance in this state may comply with the provisions of Section 10081 in any of the…
- § 10085 If the insurer establishes proof of mailing or delivery of the required offer and the offer of earthquake coverage is not accepted by the named insured within…
- § 10086 (a) If an offer of earthquake coverage, made pursuant to Section 10081, is accepted, the coverage shall be continued at the applicable rates and conditions for…
- § 10086.1 (a) Where the offer of earthquake coverage has not been accepted, the insurer shall notify the named insured that the policy does not provide that coverage.…
- § 10086.5 (a) The Legislature hereby finds and declares that the continued regulation of the business practices of insurers and their products is in the interest of the…
- § 10087 (a) (1) As used in this chapter, “policy of residential property insurance” means a policy insuring individually owned residential structures of not more than…
- § 10087.5 (a) Every policy of residential property insurance which provides coverage for loss or damage to a structure from the peril of earthquake, but that provides…
- § 10088 Notwithstanding the provisions of Section 530, 532, or any other provision of law, and in the absence of an endorsement or an additional policy provision…
- § 10088.5 Notwithstanding Section 2081, nothing in Section 10088 exempts an insurer from its obligation under a fire insurance policy to cover the losses of a fire which…
- § 10089 (a) At a minimum, an offer of coverage of loss or damage caused by the peril of earthquake pursuant to Section 10081 shall include the following coverages: (1)…
- § 10089.1 To the extent that the coverage is not already provided in the minimum offer of coverage, every insurer shall offer the following optional coverage as part of…
- § 10089.2 (a) (1) Subject to the approval of the commissioner, every insurer subject to this chapter shall, at the time of offering to issue or offer to renew coverage…
- § 10089.3 (a) The department shall adopt regulations setting forth standards governing the training of insurance adjusters in evaluating damage caused by earthquakes.…
- § 10089.4 (a) No person may use a geographically based earthquake assessment system or program for the purpose of requiring earthquake insurance, or imposing a fee or…