28 Tex. Admin. Code § 5.7007 - Renewal of Policies
(a) Except as provided
in Insurance Code §
551.1053, concerning
Mandatory Nonrenewal of Private Passenger Automobile Insurance Policies, and
Division 2 of this subchapter (relating to Mandatory Nonrenewal of Private
Passenger Automobile Insurance Policies), a policy must be renewed at
expiration, at the option of the policyholder, unless the insurer has mailed
written notice of nonrenewal to the policyholder at least 60 days before the
policy's expiration date. The insurer may comply with this provision by
requiring or permitting its agent to notify the policyholder. However, it is
the insurer's responsibility to give notice to the policyholder if the agent
fails to notify the insured.
(b) An
insurer may not decline to renew personal automobile policies because of the
ages of the insureds.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.