Establishes appraisal procedures for disputed losses under personal automobile insurance policies in Texas.

The bill amends the Texas Insurance Code to introduce a new appraisal procedure for disputed losses under personal automobile insurance policies. It mandates that personal automobile insurance policies must include an appraisal procedure. Both the insurer and the insured can demand an appraisal, each appointing an appraiser within 15 days of the demand. If the appraisers cannot agree on an umpire, the court in the county where the insured resides selects one. The appraisers and umpire must determine the loss within 30 days of the umpire's selection.

Establishes appraisal procedures for disputed losses under personal automobile insurance policies in Texas.

The bill amends the Texas Insurance Code to introduce a new appraisal procedure for disputed losses under personal automobile insurance policies. It mandates that personal automobile insurance policies must include an appraisal procedure. Both the insurer and the insured can demand an appraisal, each appointing an appraiser within 15 days of the demand. If the appraisers cannot agree on an umpire, the court in the county where the insured resides selects one. The appraisers and umpire must determine the loss within 30 days of the umpire's selection.