Sec. 2210.205. REQUIRED POLICY PROVISIONS: DEADLINE FOR FILING CLAIM; NOTICE CONCERNING RESOLUTION OF CERTAIN DISPUTES. (a) A windstorm and hail insurance policy issued by the association must:
(1) require an insured to file a claim under the policy not later than the first anniversary of the date on which the damage to property that is the basis of the claim occurs;
(2) contain, in boldface type, a conspicuous notice concerning the resolution of disputes under the policy, including:
(A) the processes and deadlines for appraisal under Section 2210.574 and alternative dispute resolution under Section 2210.575;
(B) the binding effect of appraisal under Section 2210.574; and
(C) the necessity of complying with the requirements of Subchapter L-1 to seek relief, including judicial relief; and
(3) contain a conspicuous notice concerning the availability of supplemental payments under the policy, including:
(A) a description of the process for requesting a supplemental payment; and
(B) notice of applicable deadlines related to supplemental payments.
(b) The commissioner, on a showing of good cause by a person insured under this chapter, may extend the one-year period described by Subsection (a)(1) for a period not to exceed 180 days.
Added by Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 23, eff. September 28, 2011.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 525 (S.B. 615), Sec. 9, 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