Required Policy Provision: Appraisal Process

Tex. Insurance Code § 1813.003, under Chapter 1813.

Tex. Insurance Code § 1813.003

Sec. 1813.003. REQUIRED POLICY PROVISION: APPRAISAL PROCESS. (a) An insurance policy described by Section 1813.001(a) must contain an appraisal provision that complies with this chapter. (b) The appraisal provision required by this chapter is intended to provide a type of dispute resolution process solely to determine the amount of loss when that amount is in dispute between the policyholder and the insurer. Added by Acts 2025, 89th Leg., R.S., Ch. 899 (S.B. 458), Sec. 1, eff. September 1, 2025.