Texas HB2518 prohibits premium financing arrangements for Texas Windstorm Insurance Association policies, allowing only installment payments through.
Texas HB2518 amends the Insurance Code to prohibit the use of premium financing arrangements for Texas Windstorm Insurance Association policies. The association must provide policyholders with the option to pay premiums in installments at no additional cost. The changes apply to policies issued and renewed on or after January 1, 2026. The act takes effect September 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.