Texas HB3454 establishes liability for insurance companies paying total loss claims on personal property stored at vehicle storage facilities.

Texas HB3454 amends the Occupations Code to clarify that insurance companies paying a total loss claim on personal property stored at a vehicle storage facility are liable to the facility operator for any money owed for delivery, storage, and disposal of the property. This liability applies regardless of when the amount was owed before the insurance company paid the claim. The amendment applies only to personal property accepted for storage on or after the effective date of the Act, which is September 1, 2025.

Texas HB3454 establishes liability for insurance companies paying total loss claims on personal property stored at vehicle storage facilities.

Texas HB3454 amends the Occupations Code to clarify that insurance companies paying a total loss claim on personal property stored at a vehicle storage facility are liable to the facility operator for any money owed for delivery, storage, and disposal of the property. This liability applies regardless of when the amount was owed before the insurance company paid the claim. The amendment applies only to personal property accepted for storage on or after the effective date of the Act, which is September 1, 2025.