1132.001 – NOTICE OF RATE INCREASE. (a) In this section,
Texas Insurance Code § 1132.001
Summary
This law requires insurers to provide notice to policyholders at least 61 days before a premium rate increase takes effect. It applies to various types of insurance companies, ensuring that consumers are informed in advance about changes to their premiums.
Insurers must notify policyholders 61 days prior to rate increases.
Applies to multiple types of insurance companies.
Ensures consumer awareness of premium changes.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's NOTICE OF RATE INCREASE. (a) In this section, law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.