Bill
Bill > HB2102
TX HB2102
Relating to the payment of insurance deductibles related to property insurance policies; creating a criminal offense.
summary
Introduced
02/20/2019
02/20/2019
In Committee
05/20/2019
05/20/2019
Crossed Over
05/04/2019
05/04/2019
Passed
05/25/2019
05/25/2019
Dead
Signed/Enacted/Adopted
06/14/2019
06/14/2019
Introduced Session
86th Legislature Regular Session
Bill Summary
Relating to the payment of insurance deductibles related to property insurance policies; creating a criminal offense.
AI Summary
This bill amends the Insurance Code to require policyholders to pay any deductible applicable to a first-party claim under a property insurance policy. The bill also creates a criminal offense for sellers of goods or services who knowingly allow policyholders to avoid paying the required deductible, such as by waiving, absorbing, or providing a rebate for the deductible amount. The bill directs the Texas Department of Insurance to develop an education program related to the payment of property insurance deductibles. The changes made by this bill to the existing law apply only to offenses committed on or after the effective date of September 1, 2019.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Effective on 9/1/19 (on 06/14/2019)
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