Required Policy Provisions: Deadline For Filing Claim; Notice Concerning Resolution of Certain Disputes

Sec. 2210.205. REQUIRED POLICY PROVISIONS: DEADLINE FOR FILING CLAIM; NOTICE CONCERNING RESOLUTION OF CERTAIN DISPUTES. (a) A windstorm and hail insurance policy issued by the association must: (1) require an insured to file a claim under the policy not later than the first anniversary of the date on which the damage to property that is the basis of the claim occurs; (2) contain, in boldface type, a conspicuous notice concerning the resolution of disputes under the policy, including: (A) the processes and deadlines for appraisal under Section 2210.574 and alternative dispute resolution under Section 2210.575; (B) the binding effect of appraisal under Section 2210.574; and (C) the necessity of complying with the requirements of Subchapter L-1 to seek relief, including judicial relief; and (3) contain a conspicuous notice concerning the availability of supplemental payments under the policy, including: (A) a description of the process for requesting a supplemental payment; and (B) notice of applicable deadlines related to supplemental payments. (b) The commissioner, on a showing of good cause by a person insured under this chapter, may extend the one-year period described by Subsection (a)(1) for a period not to exceed 180 days. Added by Acts 2011, 82nd Leg., 1st C.S., Ch. 2 (H.B. 3), Sec. 23, eff. September 28, 2011. Amended by: Acts 2019, 86th Leg., R.S., Ch. 525 (S.B. 615), Sec. 9, eff. September 1, 2019.