Existing law defines guaranteed automobile protection (GAP) insurance as insurance in which a person agrees to indemnify a vehicle purchaser or lessee for any of the difference between the actual cash value of the insured's vehicle at the time of an unrecovered theft or total loss and the amount owed on the vehicle pursuant to the terms of a loan, lease agreement, or installment sales contract used to purchase or lease the vehicle.
California AB 125 (20112012) — Insurance: guaranteed asset protection.
Existing law defines guaranteed automobile protection (GAP) insurance as insurance in which a person agrees to indemnify a vehicle purchaser or lessee for any of the difference between the actual cash value of the insured's vehicle at the time of an unrecovered theft or total loss and the amount owed on the vehicle pursuant to the terms of a loan, lease agreement, or installment sales contract used to purchase or lease the vehicle.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Be referred to Committee on Insurance. — 10–0 (pass) · lower
Do pass. — 6–0 (pass) · upper
AB 125 INS. Third Reading Urgency By SOLORIO — 72–0 (pass) · lower
Do pass as amended. — 11–0 (pass) · lower
3rd Reading AB125 Committee on INS. (Solorio) By Calderon Urgency Clause — 40–0 (pass) · upper
Sponsors
Committee on Insurance — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2011-01-10 Read first time. To print. reading-1
2011-01-11 From printer. May be heard in committee February 10.
2011-01-27 Referred to Com. on L. & E. referral-committee
2011-02-22 From committee chair, with author's amendments: Amend, and re-refer to Com. on L. & E. Read second time and amended. reading-2, amendment-introduction, reading-1, amendment-passage
2011-02-23 Re-referred to Com. on L. & E. referral-committee
2011-02-24 Re-referred to Com. on RLS. pursuant to Assembly Rule 96. referral-committee
2011-02-24 From committee: Be re-referred to Com. on INS. Re-referred. (Ayes 10. Noes 0.) (February 24). Re-referred to Com. on INS. referral-committee, committee-passage
2011-03-03 From committee: Do pass as amended. (Ayes 11. Noes 0.) (March 2). amendment-passage, committee-passage, committee-passage-favorable
2011-03-07 Read second time and amended. Ordered to second reading. reading-2, reading-1, amendment-passage
2011-03-08 Read second time. Ordered to third reading. reading-2, reading-1
2011-03-10 Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 72. Noes 0. Page 530.). reading-3, reading-1, passage
2011-03-10 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2011-04-07 Referred to Com. on INS. referral-committee
2011-04-13 From committee: Do pass. (Ayes 6. Noes 0.) (April 13). committee-passage, committee-passage-favorable
2011-04-14 Read second time. Ordered to third reading. reading-2, reading-1
2011-04-25 Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 709.). reading-3, reading-1, passage
2011-04-25 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2011-04-28 Enrolled and presented to the Governor at 3 p.m.
2011-05-09 Approved by the Governor. executive-signature
2011-05-10 Chaptered by Secretary of State - Chapter 24, Statutes of 2011.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/d4005a5d-65f8-45cc-a6e3-d910e5f3b0f9. Confidence: reported (aggregated from official California legislature records).