Sec. 2210.2031. AUTOMATIC RENEWAL. (a) The association shall establish a process for automatic renewal of a policy in accordance with this section.
(b) The process established under Subsection (a) must:
(1) provide for the association to verify:
(A) the declination required by Section 2210.202;
(B) flood insurance coverage required by Section 2210.203; and
(C) any other information related to insurability of a property, including changes to the condition or value of the property that would affect the availability of coverage or premium cost to insure the property; and
(2) provide an opportunity for the policyholder to elect to cancel the policy before the policy automatically renews.
Added by Acts 2019, 86th Leg., R.S., Ch. 525 (S.B. 615), Sec. 8, eff. September 1, 2019.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2210 - Texas Windstorm Insurance Association
Subchapter E. Insurance Coverage
Section 2210.201. Definition of Insurable Interest
Section 2210.202. Application for Coverage; Declination Requirement
Section 2210.203. Issuance of Coverage; Term; Renewal
Section 2210.2031. Automatic Renewal
Section 2210.2032. Premium Payment Methods
Section 2210.204. Cancellation of Certain Coverage
Section 2210.2041. Nonrefundable Surcharge
Section 2210.207. Windstorm and Hail Insurance: Replacement Cost Coverage
Section 2210.208. Windstorm and Hail Insurance: Coverage for Certain Indirect Losses
Section 2210.209. Windstorm and Hail Insurance: Coverage for Certain Property Located Over Water