Insurance Code section 12960

The commissioner shall, by February 1, 2023, distribute a bulletin soliciting rate applications from insurers to account for the change to the financial responsibility law in Division 7 (commencing with Section 16000) of the Vehicle Code that will go into operation on January 1, 2025, and require the applications to be submitted by July 1, 2023. A rate change shall only go into effect on or after January 1, 2025, the operative date of the change in the financial responsibility law.

Source: Section 12960, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=12960.­ (updated Jan. 1, 2023; accessed Nov. 3, 2025).

Green check means up to date. Up to date

Verified:
Nov. 3, 2025

§ 12960's source at ca​.gov