Texas Roof Deductible Law

A policy with actual cash value coverage will take into account the age of your roof.

Texas roof deductible law. Specifically the payment of the deductible of which the homeowner is responsible for paying. Payment of deductible required. Roofers who waive deductibles are cutting corners. Unfortunately due to a poorly worded statute many.

Let s say it will cost 20 000 to replace your 10 year old roof after hail damage and your home policy has a 3 000 deductible. Under the recently approved texas house bill 2102 any roofing contractor that offers to waive your deductible on your property insurance could be facing criminal charges. It is a win for reputable contractors as it will punish contractors who waive or otherwise don t collect insurance deductibles from their clients. Hb2102 is the new deductible law that went into effect september 1 st 2019 only 3 months after it was signed by the governor.

The new law entitled payment of insurance deductible goes into effect september 1 2019 and will be located in chapter 707 of the texas insurance code. A new state law makes it clear that it s illegal for a contractor or roofer to waive an insurance deductible. So roofers are now required to state in their contract in boldface language that you must pay the deductible under your property insurance policy. A person insured under a property insurance policy shall pay any deductible applicable to a first party claim made under the policy see tex.

The new laws texas hb 2102 have to do with insurance claims on roof repairs replacements. This is usually done with a depreciation schedule. Roofers who waive deductibles are cutting corners. Take your business elsewhere texas insurance commissioner kent sullivan.

Take your business elsewhere. To get the job texas roofers often offer homeowners a free roof by agreeing to pay the homeowner s insurance deductible. This law takes effect september 1 2019. A policy with replacement cost will pay 17 000 20 000 3 000.

Under texas house bill 2102 approved in the most recent legislative session roofing contractors who offer to waive a homeowner s deductible on their property insurance policy could face jail time. A new state law makes it clear that it s illegal for a contractor or roofer to waive an insurance deductible. Abbott is designed to end the illegal. This new law will help further protect consumers.

A new law if approved by gov. The first full paragraph states.