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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 10. PROPERTY AND CASUALTY INSURANCE |
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Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
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Chapter 2210. TEXAS WINDSTORM INSURANCE ASSOCIATION |
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Subchapter E. INSURANCE COVERAGE |
Sec. 2210.205. REQUIRED POLICY PROVISIONS: DEADLINE FOR FILING CLAIM; NOTICE CONCERNING RESOLUTION OF CERTAIN DISPUTES
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(a) A windstorm and hail insurance policy issued by the association must:
(1) require an insured to file a claim under the policy not later than the first anniversary of the date on which the damage to property that is the basis of the claim occurs; and
(2) contain, in boldface type, a conspicuous notice concerning the resolution of disputes under the policy, including:
(A) the processes and deadlines for appraisal under Section 2210.574 and alternative dispute resolution under Section 2210.575;
(B) the binding effect of appraisal under Section 2210.574; and
(C) the necessity of complying with the requirements of Subchapter L-1 to seek relief, including judicial relief.
(b) The commissioner, on a showing of good cause by a person insured under this chapter, may extend the one-year period described by Subsection (a)(1) for a period not to exceed 180 days.