Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 5 - PROPERTY AND CASUALTY INSURANCE
Subchapter T - FAIR PLAN
Division 1 - PLAN OF OPERATION
Section 5.9931 - Petition Requirements for Underserved Area for Property Owners' Association Insurance
Universal Citation: 28 TX Admin Code § 5.9931
Current through Reg. 50, No. 13; March 28, 2025
(a) A property owners' association may submit a petition to classify an area as an underserved area.
(b) Underserved areas must be located within the area designated in § 5.9930 of this title (relating to Designated Area for Property Owners' Association Policies).
(c) The petition must:
(1) be submitted in writing to the Office of
the Chief Clerk;
(2) provide
contact information for the petitioner;
(3) clearly specify the area proposed as
underserved, in a written description, a map, or other method;
(4) explain why the petitioner thinks the
area is underserved;
(5) state the
names of the petitioner's current and former insurers;
(6) provide:
(A) the names of insurers that have declined
to provide coverage in the proposed underserved area; and
(B) detailed information about the risks,
coverages, and coverage amounts the insurers are unwilling to
offer;
(7) include, if
known:
(A) the names of insurers that have or
are actively writing property coverage in the proposed underserved
area;
(B) the total number of
property owners' associations within the proposed underserved area;
(C) the names, physical addresses, and
contact information of property owners' associations in the proposed
underserved area; and
(D) the
number of property owners' associations within the proposed underserved area
that have been unable to get coverage.
(d) TDI may request additional information from the petitioner to help complete the review under § 5.9932 of this title (relating to Petition Procedures for Underserved Area for Property Owners' Association Insurance).
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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