Texas windstorm group won't cover evacuation costs

June 24, 2010 11:19:51 AM PDT
Policyholders with the Texas Windstorm Insurance Association will be on their own for the cost of evacuation from hurricanes. The Galveston County Daily News reported Thursday that the association does pay some evacuation and additional living expenses when wind damage keeps policyholders out of their properties.

Insurance Commissioner Mike Geeslin had asked the TWIA to consider providing coverage for evacuations and additional living expenses for damages caused by perils other than wind.

Association manager Jim Oliver says such coverage is not priced into the policies.

The TWIA board on Tuesday also approved 5 percent premium rate increases for commercial and residential policies, effective Jan.


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