Bill > HB2515

This bill amends the Texas Insurance Code to prohibit insurance companies from requiring consumers to bundle personal automobile or residential property insurance policies as a condition for issuing another policy. Specifically, the bill defines it as an unfair or deceptive practice for an insurer to force a consumer to purchase both automobile and residential property insurance from the same company or its affiliate. The legislation introduces a new section (541.062) to the Insurance Code that prevents insurers from using underwriting guidelines or trade practices to mandate such bundling. An "underwriting guideline" is referenced from another section of the code (Section 38.002), which suggests it relates to the criteria insurers use to assess and price insurance risk. The bill will take effect on September 1, 2025, giving insurance companies time to adjust their practices to comply with the new restriction. The goal appears to be protecting consumers by preventing insurers from leveraging their policy offerings to compel customers into purchasing multiple types of insurance from the same company.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2515