Tex. Ins. Code Section 2251.005
Notice of Rate Increase for Residential Property Insurance Policies

(a)

An insurer shall notify a policyholder of a residential property insurance policy issued by the insurer of a rate increase scheduled to take effect on the policy’s renewal that will result in a premium amount to be paid by the policyholder that is at least 10 percent greater than the lesser of:

(1)

the premium amount paid by the policyholder for coverage under the policy during the 12-month period preceding the policy’s renewal date; or

(2)

the premium amount paid by the policyholder for coverage under the policy during the policy period preceding the policy’s renewal date.

(b)

An insurer shall send the notice required by Subsection (a) before the renewal date and not later than the 30th day before the date the rate increase is scheduled to take effect.

(c)

An insurer may send the notice described by Subsection (a) to any policyholder of a residential property insurance policy issued by the insurer, regardless of whether the policyholder’s premium amount will increase as a result of the scheduled rate change.

(d)

The commissioner by rule may exempt an insurer from the notice requirements of this section for a short-term policy, as defined by the commissioner, that is written by the insurer.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 2251.005 — Notice of Rate Increase for Residential Property Insurance Policies, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2251.­htm#2251.­005 (accessed May 26, 2025).

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§ 2251.005. Notice of Rate Increase for Residential Prop. Ins. Policies's source at texas​.gov