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IMPORTANT NOTICES:
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Storm Mode:
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While E-Quote remains operational for agents to complete quotes and applications during the
threat of a hurricane, please be aware that no new or increased coverage applications
will be accepted until the General Manager determines that the storm no longer threatens
property within the designated catastrophe area of the Texas Windstorm Insurance
Association. This applies should a hurricane be present in the 80/20 area.
Please read the T.W.I.A. 'Binding Exception' at:
Hurricane Binding Procedures for a complete
rendering of the business rules which govern T.W.I.A.
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Evidence of Declination:
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Effective immediately, §§ 5.4902 - 5.4908 of the TX Administrative Code (TAC)
requires agents to obtain proof of a declination for wind and hail property
coverage from a standard market carrier, excluding surplus lines insurers,
authorized to write wind and hail coverage in the first tier coastal counties.
By the act of submitting an application for property coverage to TWIA, an agent
is acknowledging possession of the required declination, and intent of
maintaining that record. This evidence of a prior declination must be made
available to TWIA if specifically requested.
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NOTE: The declination may be either:
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· a refusal to offer new or renewal wind and hail coverage on the structure, or
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· a refusal to offer basic insurance sought by the applicant that is
substantially equivalent to that offered by TWIA.
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For example, the lowest deductible offered by a standard market company is
greater than that which can be obtained from TWIA.
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See TWIA Declination Worksheet
for criteria.
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Flood Insurance Requirement:
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For policies effective on or after September 1, 2009, §§ 5.4902 - 5.4908 of the
TX Administrative Code (TAC) requires agents to obtain proof of in-force flood
insurance for property located in certain flood zones (Zone V, Zone VE, or Zone
V1-B30) designated by the National Flood Insurance Program (NFIP).
(See TWIA Flood Worksheet
for criteria.)
This requirement applies only if insurance is available from the NFIP for the
property location to be insured by TWIA. The flood insurance policy must
remain in effect for the duration of the TWIA policy term. This evidence of
flood insurance must be made available to TWIA if specifically requested.
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NOTE: TWIA STRONGLY RECOMMENDS THAT AGENTS SOLICIT FLOOD COVERAGE IN ALL FLOOD
ZONES.
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Please print the TWIA Flood Worksheet, complete it, and retain it for your internal records along with supporting documentation.
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