Dear agent,
TWIA is monitoring ongoing storm activity that is expected to impact the Texas coast. Even though it is unlikely a policy moratorium will go into effect due to potential tropical storm Nine, we wanted to share this reminder.
What happens when a policy moratorium is in effect?
- TWIA cannot issue new policies or increase coverage on existing policies or renewals.
- Agents cannot submit new business applications, policy changes, or changes to renewals.
- Renewals can be issued by making a payment if:
- There are no increases in coverage.
- The due date has not passed.
When could a policy moratorium go into effect?
When there’s a hurricane in the Gulf of Mexico. For more information, visit www.twia.org/moratoriums.
What happens when a policy moratorium is lifted?
- TWIA will begin accepting applications and payments at 12:01 a.m. the next day.
- Policy moratoriums are lifted when the TWIA General Manager determines the storm no longer threatens property anywhere within the TWIA coverage area.
Need to make a payment before a policy moratorium is in effect?
We are here to help. Contact the Policy Services team at agentservices@twia.org or (800) 788-8247. Our normal business hours are Monday-Friday, 8:00 a.m.-5:00 p.m.
Sincerely,
Texas Windstorm Insurance Association
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