California Senate Bill SB890 Introduced / Bill

 BILL NUMBER: SB 890INTRODUCED BILL TEXT INTRODUCED BY Senator Gaines JANUARY 20, 2016 An act to amend Section 2070 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGEST SB 890, as introduced, Gaines. Insurance: fire insurance. Existing law establishes a standard form for fire insurance policies in this state. Existing law requires that all fire insurance policies in California be on the standard form, with no additions to that form, except as provided. Existing law prohibits any part of the standard form from being omitted from the policy, except as specified. This bill would make technical, nonsubstantive changes to that provision. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 2070 of the Insurance Code is amended to read: 2070.  (a)    All fire policies on subject matter in California shall be on the standard  form,   form  and, except as provided by this  article   article,  shall not contain additions  thereto. No   to the form.   (b)     No  part of the standard form shall be omitted  therefrom except that any   from the policy. However, a  policy providing coverage against the peril of fire only, or in combination with coverage against other perils, need not comply with the provisions of the standard form of fire insurance policy or Section  2080; provided, that   2080, if the  coverage with respect to the peril of fire, when viewed in its entirety, is substantially equivalent  to   to,  or more favorable to the insured  than   than,  that contained in  such   the  standard form fire insurance policy.