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A BILL TO BE ENTITLED
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AN ACT
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relating to residential property insurance coverage of cosmetic |
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damage to a metal roof. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 2002, Insurance Code, is |
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amended by adding Section 2002.007 to read as follows: |
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Sec. 2002.007. METAL ROOF COVERAGE. (a) In this section, |
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"residential property insurance" has the meaning assigned by |
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Section 2301.002. |
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(b) This section applies to each insurer that provides |
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residential property insurance in this state, including a county |
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mutual insurance company, farm mutual insurance company, Lloyd's |
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plan, and reciprocal or interinsurance exchange. |
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(c) Except as provided by Subsection (d), an insurer may not |
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issue or renew a residential property insurance policy unless, if |
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applicable, the insurer provides coverage for damage to a metal |
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roof regardless of whether the damage impedes the function of the |
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roof. |
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(d) An insured may reject in writing the coverage required |
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by Subsection (c). |
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SECTION 2. The change in law made by this Act applies only |
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to a residential property insurance policy that is delivered, |
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issued for delivery, or renewed on or after January 1, 2024. |
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SECTION 3. This Act takes effect September 1, 2023. |