Texas Insurance Commissioner David Mattax is considering an industry proposal by Texas Farm Bureau to allow insurance companies in Texas to insert a one-sided “pre-dispute binding arbitration” provision into Texas homeowners and business owners’ insurance policies.  This provision would force policyholders to go a binding arbitration where the insurance company selects the arbitration company, the results of which are kept secret.  If this goes through, in exchange for a 10-15% of your insurance premium, homeowners would be forced into a secret, unappealable process in which the insurance company has hand-picked and paid the for-hire, private judge who decides what information you have access to and whether you get paid in full.  This a dangerous slippery slope where Texas policyholders would sacrifice their constitutionally protected and guaranteed rights to a trial by jury, without understanding the full ramifications of their actions until it is too late.

Click the link and sign the petition to tell Commissioner Mattax to reject this proposal!

http://www.texaswatch.org/ngpform/dont-mess-texas-policyholders

More Information:

http://www.texaswatch.org/blog/dont-sell-our-rights-commissioner

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