Texas Insurance Code

§ 551.0521 — WRITTEN NOTICE OF DECLINATION REQUIRED

IN § 551.0521Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 551. PRACTICES RELATING TO DECLINATION, CANCELLATION, AND NONRENEWAL OF INSURANCE POLICIES · Art. B. DECLINATION, CANCELLATION, AND NONRENEWAL OF CERTAIN LIABILITY AND COMMERCIAL PROPERTY INSURANCE POLICIES

Statute text

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An insurer that declines a completed and submitted application for a liability insurance or commercial property insurance policy shall deliver or mail written notice of the declination to the applicant or the applicant's agent in accordance with Section 551.007, as applicable.

Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 940 (H.B. 2067), Sec. 5, eff. January 1, 2026.