Bill

Bill > SB1169


TX SB1169

TX SB1169
Relating to the payment of insurance deductibles related to property insurance policies; creating criminal offenses.


summary

Introduced
02/26/2019
In Committee
03/07/2019
Crossed Over
Passed
Dead
05/27/2019

Introduced Session

86th Legislature Regular Session

Bill Summary

Relating to the payment of insurance deductibles related to property insurance policies; creating criminal offenses.

AI Summary

This bill creates new provisions in the Texas Insurance Code related to the payment of insurance deductibles for property insurance claims. It requires policyholders to pay any applicable deductibles and prohibits businesses from waiving, offsetting, or assisting policyholders in avoiding payment of deductibles without the insurer's consent. The bill also requires certain contract notices and allows insurers to withhold replacement cost payments until the deductible is paid. Violations of these provisions are punishable as Class A misdemeanors. The bill also repeals a related provision in the Texas Business & Commerce Code.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Business & Commerce (on 03/07/2019)

bill text


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