Bill Text: TX HB1400 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to a requirement for and the contents of a declarations page required for certain standard insurance policy forms for residential property insurance.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-04-23 - Left pending in committee [HB1400 Detail]
Download: Texas-2013-HB1400-Introduced.html
83R408 TJS-D | ||
By: Smithee | H.B. No. 1400 |
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relating to a requirement for and the contents of a declarations | ||
page required for certain standard insurance policy forms for | ||
residential property insurance. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 2301, Insurance Code, is | ||
amended by adding Section 2301.056 to read as follows: | ||
Sec. 2301.056. REQUIREMENT FOR FORMS; DECLARATIONS PAGE | ||
REQUIREMENT. A residential property insurance policy form must | ||
include a declarations page that: | ||
(1) lists and explains each type of deductible under | ||
the residential property insurance policy; and | ||
(2) lists the exact dollar amount of each deductible | ||
under the residential property insurance policy. | ||
SECTION 2. This Act applies only to an insurance policy | ||
delivered, issued for delivery, or renewed on or after January 1, | ||
2014. A policy delivered, issued for delivery, or renewed before | ||
January 1, 2014, is governed by the law as it existed immediately | ||
before the effective date of this Act, and that law is continued in | ||
effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2013. |