Sec. 2002.101. RATE ANALYSIS. (a) On issuing a fire insurance policy, an insurer engaged in the business of fire insurance in this state shall provide the policyholder with a written analysis of the rate or premium charged for the policy showing the items of charge and credit that determine the rate or premium.
(b) Subsection (a) does not apply if the insurer has previously provided the policyholder with an analysis of the rate or premium.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle D - Fire Insurance and Allied Lines, Including Residential Property Insurance
Subchapter C. Items Provided in Connection With Insurance Policy
Section 2002.101. Rate Analysis
Section 2002.102. Notice of Renewal
Section 2002.103. Disclosure Regarding Flood Coverage Required