Texas Insurance Code - INS § 2210.001. Purpose

The primary purpose of the Texas Windstorm Insurance Association is the provision of an adequate market for windstorm and hail insurance in the seacoast territory of this state.  The legislature finds that the provision of adequate windstorm and hail insurance is necessary to the economic welfare of this state, and without that insurance, the orderly growth and development of this state would be severely impeded.  This chapter provides a method by which adequate windstorm and hail insurance may be obtained in certain designated portions of the seacoast territory of this state.  The association is intended to serve as a residual insurer of last resort for windstorm and hail insurance in the seacoast territory.  The association shall: