Ins. Code Section 2006.052
Optional Premium Discount
(a)Except as provided by Section 2006.053 (Approval of Certain Actuarially Justified Premium Discounts and Rating Programs), an insurer that issues a residential property insurance policy may:
(1)discount the premiums that would otherwise be charged for the policy by not less than three percent if the policyholder:
(A)has continuously been a residential property insurance policyholder with the insurer or an affiliate of the insurer; and
(B)has not filed a residential property insurance claim during the three years before the effective date of the policy; and
(2)increase the amount of the discount by one percent for each subsequent year in which the policyholder:
(A)has been a residential property insurance policyholder with the insurer or an affiliate of the insurer; and
(B)has not filed a residential property insurance claim.
(b)This section applies to an insurer that uses a tier classification or discount program that has a premium consequence based in whole or in part on claims experience, regardless of whether any of the policies that continuously covered the policyholder was a different kind of residential property insurance policy from the policy eligible for the premium discount.
(c)A residential property insurance claim under this section does not include a claim:
(1)resulting from a loss caused by natural causes;
(2)that is filed but is not paid or payable under the policy; or
(3)that an insurer is prohibited from using under Section 544.353 (Restrictions on Use of Claims History for Water Damage).
Section 2006.052 — Optional Premium Discount,
https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2006.htm#2006.052 (accessed Dec. 9, 2023).