Harold Price

An hour outside of Amarillo, in the hardworking town of Pampa, Harold Price runs his family’s 45-year-old hardware store. But after a hailstorm ravaged his roof, and caused leaks that damaged over $170,000 in merchandise, Price struggles to keep his doors open. Despite paying his insurance premiums for 20 years, Price’s insurance company denied his claim and terminated his coverage. Left to repair his own roof, and take out a loan to replace the damaged merchandise, Price had to cut back on jobs and the growth of his business. Finally, Price was forced to take his case to court to get his insurance company to pay his valid claim in full. 

Unfortunately, Price’s story is not unique. Business owners across the state have struggled to get their claims to be paid fully and on time. And now The Insurance Immunity Act threatens to strip business owners of their last line of defense against low, slow, or no payments on their valid claims.