summary
Introduced
02/19/2026
02/19/2026
In Committee
03/04/2026
03/04/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to amend Section 12740 of the Insurance Code, relating to insurance.
AI Summary
This bill amends existing law that regulates home protection contracts, which are agreements where a company, for a fee, promises to repair or replace parts, systems, or appliances in a home that fail due to normal wear and tear, deterioration, or inherent defects during the contract period. Currently, these contracts must include a service system for repairs or replacements. The bill's key provision is to require that these home protection contracts also offer a system for reimbursement or cash payments in lieu of actual repair or replacement, providing homeowners with more options when a covered item needs attention.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Com. on INS. (on 03/04/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1224 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260SB1224#99INT |
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