HB722 - Relating to the disclosure of total loss evaluation materials by automobile insurers.

  89R25713 SCR-D     By: Bucy, Morgan H.B. No. 722       A BILL TO BE ENTITLED   AN ACT   relating to the disclosure of total loss evaluation materials by   automobile insurers.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter G, Chapter 1952, Insurance Code, is   amended by adding Section 1952.308 to read as follows:           Sec.   1952.308.     DISCLOSURE OF TOTAL LOSS EVALUATION   MATERIALS ON REQUEST. (a) This section applies to an insurer   writing automobile insurance in this state or providing an   automobile insurance policy covering persons located in this state,   including an insurance company, corporation, reciprocal or   interinsurance exchange, mutual insurance company, capital stock   company, association, county mutual insurance company, Lloyd's   plan, risk pool, and any other insurer.           (b)     On request of a person whose vehicle is being appraised   by an insurer for a total loss evaluation, the insurer shall provide   to the person a written explanation of any materials used to   determine the amount of loss, including the cost of observed or   predicted repairs and the salvage value of the automobile.          SECTION 2.  Section 1952.308, Insurance Code, as added by   this Act, applies only to an insurance policy that is delivered,   issued for delivery, or renewed on or after January 1, 2026.          SECTION 3.  This Act takes effect September 1, 2025.