Texas House Bill HB3806

Texas 2015 - 84th Regular

Caption

Relating to certain documents related to policy and endorsement forms for personal automobile insurance coverage and residential property insurance coverage.

Impact

If enacted, HB 3806 would affect how insurance companies present their policies and endorsements, potentially affecting consumer understanding of their insurance options. By explicitly stating that certain summary documents are not part of the policy or endorsement form, the bill could lead to both positive and negative implications for policyholders and insurers alike. On the positive side, consumers may find it easier to navigate their insurance options without the clutter of ancillary materials being confused with actual policy documents. However, this could also limit the amount of information readily available to consumers at the time of purchasing insurance.

Summary

House Bill 3806 pertains to the regulation of documents related to policy and endorsement forms for personal automobile and residential property insurance coverage in Texas. Specifically, the bill introduces a new section to the Insurance Code that clarifies certain documents as not being part of insurance policy forms. This change aims to streamline the understanding of insurance policies by delineating which documents are considered integral to the policy and which are ancillary, such as advertisements or summaries of policies and endorsements.

Contention

While specific points of contention regarding HB 3806 are not detailed in the available documents, it is reasonable to anticipate that discussions may arise around consumer protection and information transparency. Insurers may support the bill as a means to simplify documentation and reduce compliance burdens, while consumer advocacy groups may argue it could lead to less informed purchasing decisions if important information becomes less prominent. Disagreement may also stem from how insurers choose to communicate policy details and the possible implications for claims processing and consumer rights.