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TX HB4092
Bill
Status
3/7/2025
Primary Sponsor
Matt Morgan
Click for details
AI Summary
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Amends Chapter 542A of the Texas Insurance Code by adding Section 542A.008 regarding property damage insurance claims
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Specifies that any payment made by an insurer after the presuit notice deadline under Section 542A.003 does not limit the insured's right to recover additional damages
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Preserves the insured's ability to seek interest, penalties, attorney's fees, and other noneconomic damages even if the insurer makes a late payment on the claim
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Applies only to actions commenced on or after the effective date of September 1, 2025
Legislative Description
Relating to the effect of payments made after the deadline for presuit notice in actions against an insurer related to certain claims for property damage.
Civil Remedies & Liabilities
Last Action
Reported favorably as substituted
5/7/2025