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You are here: Home / News / California Insurance Commissioner Calls for 60-Day Auto Insurance Premium Grace Period

California Insurance Commissioner Calls for 60-Day Auto Insurance Premium Grace Period

March 23, 2020 By CollisionWeek Editor

California Insurance Commissioner Ricardo Lara issued a Notice requesting that all auto insurance companies provide their policyholders with at least a 60-day grace period to pay insurance premiums. The Commissioner made the request to ensure policies are not cancelled for nonpayment of premium due to the novel coronavirus (COVID-19) public health emergency.

California Department of InsuranceThe Notice follows Governor Gavin Newsom’s State of Emergency declaration to make additional resources available, formalize emergency actions already underway across multiple state agencies and departments, and help the state prepare and mitigate against the broader spread of COVID-19. The Commissioner’s Notice is directed to all admitted and

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Filed Under: News Tagged With: California, Insurance Commissioner

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