REQUIRED POLICY PROVISIONS: DEADLINE FOR FILING CLAIM; NOTICE CONCERNING RESOLUTION OF CERTAIN DISPUTES.
Tex. INS Code § 2210.205.
in effect(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.
