(a) A windstorm and hail insurance policy issued by the association must:
(1) require an insured to file a claim under the policy not later than the first anniversary of the date on which the damage to property that is the basis of the claim occurs;
(2) contain, in boldface type, a conspicuous notice concerning the resolution of disputes under the policy, including:
(A) the processes and deadlines for appraisal under § 2210.574 and alternative dispute resolution under § 2210.575;
(B) the binding effect of appraisal under § 2210.574; and
(C) the necessity of complying with the requirements of Subchapter L-1 to seek relief, including judicial relief; and
(3) contain a conspicuous notice concerning the availability of supplemental payments under the policy, including:
(A) a description of the process for requesting a supplemental payment; and
(B) notice of applicable deadlines related to supplemental payments.
(b) The commissioner, on a showing of good cause by a person insured under this chapter, may extend the one-year period described by Subsection (a)(1) for a period not to exceed 180 days.

Terms Used In Texas Insurance Code 2210.205

  • Appraisal: A determination of property value.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005