No, that's not correct, otherwise SB 1060 would not be moving through the Senate. It's specifically direct insurance companies to consider mitigation.

You also missed the part that the mitigation is only for vegetation hardening. Nothing about structure specific hardening. Which, even if you did control for the vegetation, which AB38 addressed, you're still not guaranteed a discount.

https://sd13.senate.ca.gov/news/press-release/april-24-2024/...

https://fire.lacounty.gov/wp-content/uploads/2021/07/AB38-In...