California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 2 — Credit Sales, Chapter 1 — Retail Installment Sales, Article 10 — Retail Installment Accounts, Section 1810.5

If the cost of any insurance is to be separately charged to the buyer, there shall be an agreement to this effect, signed by both the buyer and the seller, a copy of which shall be given or furnished to the buyer. Such agreement shall state whether the insurance is to be procured by the buyer or the seller or holder. If the insurance is to be procured by the seller or holder, the seller or holder shall comply with the provisions of Section 1803.5.

Notes

Requires a separate written agreement, signed by both buyer and seller and furnished to the buyer, when insurance costs will be separately charged to the buyer. Requires the agreement to state whether the buyer or seller or holder will obtain the insurance; if the seller or holder will obtain it, the referenced insurance requirements apply.

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