89R15496 DNC-D     By: Oliverson H.B. No. 4532       A BILL TO BE ENTITLED   AN ACT   relating to an endorsement for roof replacements to comply with   certain standards for residential property insurance.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter B, Chapter 2301, Insurance Code, is   amended by adding Section 2301.059 to read as follows:          Sec. 2301.059.  MANDATORY OFFER OF ENDORSEMENT FOR ENHANCED   ROOF STANDARDS ON REPLACEMENT. (a) This section applies to each   insurer authorized to engage in the business of residential   property insurance or residential fire and allied lines insurance   in this state, including a capital stock insurance company, mutual   insurance company, county mutual insurance company, Lloyd's plan,   and reciprocal or interinsurance exchange.          (b)  This section does not apply to:                (1)  the Texas Windstorm Insurance Association;                (2)  the FAIR Plan Association; or                (3)  a commercial insurance policy.          (c)  An insurer offering an insurance policy described by   Subsection (a) that includes replacement coverage for a roof shall   offer an endorsement providing that during a covered replacement of   the roof, the policy will provide coverage, subject to any   applicable deductions or policy provisions, to:                 (1)  replace the roof to meet one or more fortified home   roof standards adopted by the Institute for Business and Home   Safety or a successor organization; or                (2)  replace the roof to meet another standard   submitted by the insurer and described by the policy.           (d)  The enhanced coverage described by Subsection (c)   applies only if an insured elects to purchase the endorsement   described by that subsection.          (e)  The endorsement described by Subsection (c) is subject   to an actuarially justified premium or rate charge. This subsection   does not require an insurer to charge an additional amount for the   endorsement.           (f)  The commissioner may adopt rules necessary to implement   this section. The rules may not set or suggest a premium or rate   charge for the endorsement.           SECTION 2.  Section 2301.059, Insurance Code, as added by   this Act, applies only to an insurance policy delivered, issued for   delivery, or renewed on or after January 1, 2026.          SECTION 3.  This Act takes effect September 1, 2025.