Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2210.2031 - Automatic Renewal(a) The association shall establish a process for automatic renewal of a residential property policy in accordance with this section. (b) The process established under Subsection (a) must: (1) provide for the association to verify: (A) the declination required by Section 2210.202;(B) flood insurance coverage required by Section 2210.203; and(C) any other information related to insurability of a property, including changes to the condition or value of the property that would affect the availability of coverage or premium cost to insure the property; and(2) provide an opportunity for the policyholder to elect to cancel the policy before the policy automatically renews.Tex. Ins. Code § 2210.2031
Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 40,Sec. 1, eff. 9/1/2023.Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 525,Sec. 8, eff. 9/1/2019. See Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 525, Sec. 19.