TX HB722

Requires automobile insurers to provide vehicle owners with a written explanation of materials used to determine total loss valuations upon request

Disclosure must include information about the cost of observed or predicted repairs and the salvage value of the automobile

Applies to all types of automobile insurers in Texas, including insurance companies, mutual insurance companies, reciprocal exchanges, Lloyd's plans, county mutual insurance companies, and risk pools

Applies only to insurance policies delivered, issued, or renewed on or after January 1, 2026

Takes effect September 1, 2025