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AN ACT
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relating to notice of cancellation or nonrenewal of a property and |
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casualty insurance policy. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 551.104(f), Insurance Code, is amended |
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to read as follows: |
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(f) An insurer may cancel a personal automobile insurance |
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policy effective on any 12-month anniversary of the original |
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effective date of the policy if the insurer mails to the named |
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insured written notice of the cancellation not later than the 60th |
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[30th] day before the effective date of the cancellation. |
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SECTION 2. Section 551.105, Insurance Code, is amended to |
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read as follows: |
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Sec. 551.105. NONRENEWAL OF POLICIES; NOTICE REQUIRED. |
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Unless the insurer has mailed written notice of nonrenewal or |
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renewal with written notice of change in coverage as provided by |
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Section 2002.001 to the insured not later than the 60th [30th] day |
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before the date on which the insurance policy expires, an insurer |
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must renew an insurance policy, at the request of the insured, on |
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the expiration of the policy. Notwithstanding the failure of an |
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insurer to comply with this section, the policy shall terminate on |
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the effective date of any replacement or succeeding insurance |
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policy with another carrier with respect to the insured |
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(a) personal automobile, (b) home, farm, ranch, dwelling, |
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duplex, or apartment, or (c) other real or personal property. |
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SECTION 3. The changes in law made by this Act apply only to |
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an insurance policy that is delivered, issued for delivery, or |
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renewed on or after January 1, 2024. A policy delivered, issued for |
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delivery, or renewed before January 1, 2024, is governed by the law |
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as it existed immediately before the effective date of this Act, and |
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that law is continued in effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2023. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 1900 was passed by the House on April |
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21, 2023, by the following vote: Yeas 139, Nays 2, 1 present, not |
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voting; and that the House concurred in Senate amendments to H.B. |
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No. 1900 on May 19, 2023, by the following vote: Yeas 136, Nays 0, |
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2 present, not voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 1900 was passed by the Senate, with |
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amendments, on May 17, 2023, by the following vote: Yeas 31, Nays |
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0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: __________________ |
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Date |
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__________________ |
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Governor |