Relating to an appraisal process for disputed losses under personal automobile or residential property insurance policies.

Summary

The bill adds Chapter 1813 to the Texas Insurance Code, mandating that personal automobile and residential property policies issued on or after Jan 1 2026 contain an appraisal provision. The appraisal determines the loss amount when the insurer and policyholder disagree, and the result is binding except for fraud or obvious errors. The Texas Department of Insurance must adopt rules on timing, appraiser qualifications, and when an appraisal is required.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Share