Cal. Insurance Code § 1063.145
Cal. Insurance Code § 1063.145
California · California Insurance Code · Status: effective · Effective 2007-01-01
Cite this
- Citation
- Cal. Insurance Code § 1063.145, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877876
- Permanent ID
ys:prov:877876@1- SHA-256
2e8f2e2c97eaf752c26db16f4b4c13dfbda78a6cc37c8315d502cc4100912b58
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The statement of the amount of surcharge required to be provided under subdivision (b) of Section 1063.14 shall include a description of, and purpose for, the California Insurance Guarantee Association, as follows:
“Companies writing property and casualty insurance business in California are required to participate in the California Insurance Guarantee Association. If a company becomes insolvent the California Insurance Guarantee Association settles unpaid claims and assesses each insurance company for its fair share.
California law requires all companies to surcharge policies to recover these assessments. If your policy is surcharged, ’CA Surcharge’ with an amount will be displayed on your premium notice.”