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Texas Insurance Code - INS § 2210.6445. Disclosure of Surcharge

Current as of January 01, 2024 | Updated by Findlaw Staff

Each policy that is assessed a surcharge under this subchapter shall contain the following prominent disclosure in the documents attached to the policy:

"A CATASTROPHE SURCHARGE HAS BEEN INCLUDED ON YOUR POLICY. THIS SURCHARGE WILL BE USED TO REPAY STATE MONEY USED BY THE TEXAS WINDSTORM INSURANCE ASSOCIATION TO PAY FOR LOSSES AFTER A CATASTROPHIC EVENT, INCLUDING A HURRICANE. THE SURCHARGE IS NOT REFUNDABLE IF YOU CANCEL OR TERMINATE THIS POLICY."

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2210.6445. Disclosure of Surcharge - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2210-6445/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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