Amend HB 1927 (senate committee printing) by adding the following appropriately numbered SECTIONS to the bill and renumbering subsequent SECTIONS of the bill accordingly:
SECTION ____. Subchapter A, Chapter 2002, Insurance Code, is amended by adding Section 2002.007 to read as follows:
Sec. 2002.007. PROOF OF LOSS FOR FIREARM COVERAGE. (a) In this section, "personal property insurance" means insurance against damage to or loss of tangible personal property, including coverage provided in a homeowners insurance policy, residential fire and allied lines insurance policy, or farm and ranch owners insurance policy.
(b) This section applies to each insurer that provides personal property insurance in this state, including a county mutual insurance company, farm mutual insurance company, Lloyd's plan, and reciprocal or interinsurance exchange.
(c) A personal property insurance policy that includes firearm coverage must provide that a report of the loss or theft of a covered firearm submitted to a peace officer or law enforcement agency on or before the 10th day after the date the policyholder became aware the firearm was lost or stolen is sufficient proof of loss for the firearm.
SECTION ____. Section 2002.007, Insurance Code, as added by this Act, applies only to an insurance policy delivered, issued for delivery, or renewed on or after January 1, 2022.