Current through Reg. 49, No. 44; November 1, 2024
Section 5.4039 - Economic Loss Module(a) The association must adjust residential slab claims using the damage estimates obtained as described in § 5.4038 of this title.(b) The association must use the wind damage estimates obtained as described in § 5.4038 of this title to determine the scope of work and associated costs for each component that was likely damaged by wind.(c) The damage estimation module does not generate estimates on damage to contents; association adjusters must determine the amount to pay for contents by taking into consideration: (1) the adjuster's knowledge and experience; and(2) information about the particular property from the property database, the policyholder, and other sources, including applicable information from the damage estimation module.28 Tex. Admin. Code § 5.4039
Adopted by Texas Register, Volume 42, Number 12, March 24, 2017, TexReg 1463, eff. 3/28/2017