Texas has a new law regarding hail damage claims.
Here are five things to know about the new law.
First, it creates a new chapter in the Texas Insurance Code, Chapter 542A, which applies to property damage claims caused by “forces of nature.” This includes damage caused by earthquakes, wildfires, floods, tornados, lightning, hurricanes, hail, wind, snowstorms, and rainstorms. The law applies to any lawsuit the insured may bring against the insurer or its agent even if the insured does not sue the insurer. Besides, Insurance Code violations, this new law applies to breach of contract claims and common law claims. Further, “forces of nature” are not specifically limited to weather related events and litigation will probably result over what else is included.