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Senate Bill 442 |
Senate Author: Hancock et al. |
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Effective: 9-1-19 |
House Sponsor: Perez et al. |
Senate Bill 442 amends the Insurance Code to require an insurer that issues or renews a commercial or residential property insurance policy that does not provide coverage against loss caused by flooding to include with the policy documents provided to the policyholder on issuance or renewal a specified statement informing the policyholder of the potential need to consider purchasing flood insurance.