Texas Insurance Code 2210.5732 – Supplemental Payments
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(a) The association is authorized to provide for supplemental payments under a windstorm and hail insurance policy issued by the association.
(b) The commissioner shall adopt rules clarifying the deadlines related to supplemental payments. The commissioner shall solicit and consider comments from the association, association members, and policyholders in adopting rules under this section.
Terms Used In Texas Insurance Code 2210.5732
- Appraisal: A determination of property value.
(c) The rules adopted under this section must ensure that a request for supplemental payment will not impair a policyholder’s right to appraisal under § 2210.574.