TITLE: Relating to flood insurance coverage requirements for insurance policies issued by the Texas Windstorm Insurance Association.

SUMMARY: Relating to flood insurance coverage requirements for insurance policies issued by the Texas Windstorm Insurance Association.

FULL TEXT:
AN ACT relating to flood insurance coverage requirements for insurance policies issued by the Texas Windstorm Insurance Association. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 2210.203, Insurance Code, is amended by adding Subsection (a-2) to read as follows: (a-2) Notwithstanding Subsection (a-1), the association may not require as a condition for issuing or renewing an insurance policy for a residential property that the applicant provide evidence that the property is covered by a flood insurance policy. SECTION 2. The change in law made by this Act applies only to an application for initial insurance coverage or a renewal of insurance coverage submitted to the Texas Windstorm Insurance Association on or after the effective date of this Act. SECTION 3. This Act takes effect September 1, 2019.