Bill > HB3454

This bill modifies Texas law to clarify the liability of insurance companies when a vehicle is declared a total loss while stored at a vehicle storage facility. Specifically, the bill adds a new provision to the Occupations Code that makes an insurance company responsible for paying all money owed to the storage facility related to delivering, storing, and disposing of the vehicle, even if some of those charges accrued before the insurance company paid the total loss claim. This means that vehicle storage facilities will have a clear legal pathway to recover their fees from insurance companies, regardless of when those fees were incurred. The new law will only apply to personal property accepted for storage at vehicle storage facilities on or after September 1, 2025, providing a clear implementation date and ensuring that the law does not retroactively apply to previously stored vehicles. By establishing this explicit liability, the bill aims to provide more financial certainty for vehicle storage facility operators when dealing with total loss vehicle claims.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3454