Tex. Ins. Code Section 2002.103
Disclosure Regarding Flood Coverage Required

(a)

In this section:

(1)

“Commercial property insurance” has the meaning assigned by Section 2301.002 (Definitions), except that the term includes a commercial multiperil insurance policy that provides commercial property insurance coverage.

(2)

“Residential property insurance” has the meaning assigned by Section 2301.002 (Definitions), except that the term includes a farm and ranch insurance policy and a farm and ranch owners insurance policy.

(b)

This section applies to each insurer authorized to engage in the business of commercial or residential property insurance in this state, including a county mutual insurance company, farm mutual insurance company, Lloyd’s plan, and reciprocal or interinsurance exchange.

(c)

An insurer that issues or renews a commercial or residential property insurance policy that does not provide coverage against loss caused by flooding shall include with the policy documents provided to the policyholder at the time the policy is issued or renewed the following statement:
“Flood Insurance: You may also need to consider the purchase of flood insurance. Your insurance policy does not include coverage for damage resulting from a flood even if hurricane winds and rain caused the flood to occur. Without separate flood insurance coverage, you may have uncovered losses caused by a flood. Please discuss the need to purchase separate flood insurance coverage with your insurance agent or insurance company, or visit www.floodsmart.gov.”

(d)

The statement described by Subsection (c) must be conspicuous, as defined by Section 1.201 (General Definitions), Business & Commerce Code.

(e)

An insurer’s failure to comply with this section does not invalidate any exclusion, including a flood exclusion, in an insurance policy subject to this section.
Added by Acts 2019, 86th Leg., R.S., Ch. 332 (S.B. 442), Sec. 1, eff. September 1, 2019.

Source: Section 2002.103 — Disclosure Regarding Flood Coverage Required, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2002.­htm#2002.­103 (accessed Jun. 5, 2024).

2001.001
Applicability of Subtitle 2001.002
Rates 2001.003
Authority to Require Sworn Statements 2001.004
Authority to Inspect and Take Testimony Regarding Records 2001.005
Authority to Require Provision of Data 2001.006
Report of Information Relating to Certain Fire Losses 2001.007
Criminal Penalty 2001.008
Immunity from Prosecution 2001.009
Limitation on Compensation and Expenses 2001.010
Public Guide Relating to Commercial Property Rating 2002.001
Policy Form or Endorsement Making Material Change to Policy 2002.002
Lien on Insured Property 2002.003
Coverages for Spouses and Former Spouses 2002.004
Jewelry Coverage 2002.005
Coinsurance Clauses 2002.006
Provisions Governing Certain Conditions or Risks 2002.051
Policy Forms and Endorsements for Residential Property Insurance 2002.052
Applicability of Other Law to Residential Property Insurance 2002.101
Rate Analysis 2002.102
Notice of Renewal 2002.103
Disclosure Regarding Flood Coverage Required 2003.001
Fire Loss Information 2003.002
Fire Suppression Ratings for Border Municipalities 2003.003
Credit for Reducing Fire Hazard 2003.004
Policyholder Credit for Reducing Hazard 2003.051
Annual List of Insured Fire Losses by Municipality 2003.052
Municipality’s Request for List 2003.053
List Corrections 2003.054
Charge for List and Fire Record System 2003.055
Department Authority to Require Provision of Fire Loss Information 2003.056
Discretionary Provision of List 2003.101
Definitions 2003.102
Right to Voluntary Inspection of Property Condition 2003.103
Plan of Operation 2003.104
Eligible Inspectors 2003.105
Presumption of Insurability 2003.106
Enforcement 2003.107
Rules 2004.001
Definition 2004.002
Designation of Underserved Areas 2004.003
Authorization for Issuance of Insurance 2004.004
Exclusion of Certain Coverage 2004.005
Availability of Coverage 2004.006
Policy Forms 2004.007
Inapplicability of Certain Laws to Premiums 2004.008
Rates 2005.001
Definitions 2005.002
Authorization to Write Certain Insurance 2005.003
Manner of Regulation 2005.004
Limits of Coverage 2006.001
Definitions 2006.002
Optional Premium Discount 2006.003
Property Inspection 2006.004
Premium Discount 2006.005
Rules 2006.051
Definitions 2006.052
Optional Premium Discount 2006.053
Approval of Certain Actuarially Justified Premium Discounts and Rating Programs 2006.054
Limit on Premium Discount 2006.055
Rules and Guidelines 2006.0521
Compliance with Other Law Required 2007.001
Applicability of Chapter 2007.002
Assessment 2007.003
Determination of Assessment 2007.004
Dates of Assessment and Payment 2007.005
Recovery of Assessment 2007.006
Notice to Policyholders 2007.007
Volunteer Fire Department Assistance Fund 2007.008
Rules 2008.001
Applicability of Chapter 2008.002
Coverage
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 2002.103’s source at texas​.gov