TX HB3021

Insurers using credit scoring for personal property and casualty insurance must use credit reports issued no more than 90 days before a policy is issued or renewed

Insurers must review and update an insured's credit report at least every 36 months and adjust premiums based on the updated credit score

Written notice must be provided to insureds of any credit score or premium changes, including the update date, how the score affected premiums, and the insured's rights

Insureds may request a policy re-rate based on current credit information once per 12-month period at renewal

Insurers are exempt from the update requirement if the insured opts out in writing, is already in the most favorable pricing tier, or if credit scoring is not used for that policy type

Applies to policies delivered, issued, or renewed on or after January 1, 2026, with the act taking effect September 1, 2025