Section 16058 Of Article 3. Evidence Of Financial Responsibility From California Vehicle Code >> Division 7. >> Chapter 1. >> Article 3.
16058
. (a) On or before July 1, 2005, each insurer that issues
private passenger automobile liability insurance policies and
coverages, or private passenger automobile policies and coverages
issued by an automobile assigned risk plan, as those policies,
coverages, and plans are described in paragraph (1) of subdivision
(a) of Section 4000.37 shall advise the department of the electronic
method to be used for reporting liability insurance information under
subdivisions (b), (c), and (d). The department shall establish an
electronic conversion schedule.
(b) On or before January 1, 2006, each insurer shall report all
existing motor vehicle liability insurance policies or coverages
described in subdivision (a) issued for vehicles registered in this
state or to policyholders with a California address, to the
department in a manner that preserves existing reporting
relationships and that allows for smaller insurers and those with
unusual circumstances to be accommodated, consistent with the intent
of this section. Consistent with the intent of this section, a small
insurer or those with unusual circumstances may be accommodated by,
among other methods, an extension of the mandatory electronic
reporting deadline set forth in this section to no later than July 1,
2006.
(c) On and after January 1, 2006, each insurer shall
electronically report to the department all issued motor vehicle
liability policies or coverages, as described in subdivision (a),
within 30 days of the effective date of the coverage.
(d) On and after January 1, 2006, an insurer shall electronically
report to the department the termination of a reported policy or any
change of information previously reported under subdivision (b) or
(c), as specified by the department, within 45 days of the date of
termination or change. This report shall include the effective date
of the termination, amendment, or cancellation and any other
information that does not exceed that required under subdivision (c).
(e) (1) Those persons with alternative forms of financial
responsibility pursuant to subdivision (a), (c), (d), or (e) of
Section 16021 shall provide satisfactory evidence of that
responsibility as determined by the department.
(2) In addition, the department shall establish an alternative
procedure for establishment of satisfactory evidence of financial
responsibility to permit the timely renewal of vehicle registration
when the electronic data has not been updated due to circumstances
beyond the vehicle owner's immediate control. Those circumstances may
include, but are not limited to, a vehicle identification error in
either the department's or the insurer's records or insurance
purchased too recently to have been electronically transmitted to the
department. Whenever this alternative procedure is used, the
department shall, subsequent to the issuance of the registration
certificate and indicia, contact the insurer to obtain electronic
data pursuant to subdivision (c).
(f) The department shall adopt regulations for reporting insurance
information, including, but not limited to, establishing acceptable
timeframes and approved methods for reporting information.