Other

TXR 2508 — Information About Property Insurance for a Buyer or Seller

This two-page informational form educates buyers and sellers about property insurance in Texas, including how availability and affordability of insurance can affect a transaction, factors that influence insurance pricing and availability, the role of CLUE reports in the underwriting process, steps a

Source: TXR
Form Number: 2508
Category: Other
Revised: February 1, 2014

Used For

Residential Sales, Commercial Sales

Form Outline

The TXR 2508 form is organized into the following sections:

  1. A. Insurance Availability and Affordability Impact
    Establishes that property insurance availability and affordability affect both buyers and sellers, and that failure to obtain insurance can delay or terminate the transaction.
  2. B. Factors Affecting Insurance Availability and Affordability
    Covers the major factors insurers consider when pricing policies, including coverage levels (replacement cost vs. cash value), 5-year claims history on both property and applicant, credit scores, and physical property characteristics.
  3. C. CLUE Reports
    Explains the CLUE report system, how insurers use it, that it may contain errors, that consumers have the right to challenge inaccuracies, and how property owners can obtain their own CLUE reports.
  4. D. Steps Buyer Should Take After Entering a Contract
    Provides a four-step action plan for buyers: contact insurance agents, submit applications promptly, obtain written confirmation of underwriting completion, and verify lender acceptance of the coverage selected.
  5. E. Texas Department of Insurance Resources
    Points consumers to the Texas Department of Insurance as a resource if they cannot find affordable insurance coverage or need additional information.
  6. Receipt Acknowledged By
    Two "Signature" lines under "Receipt acknowledged by:" on page 2 for one or two recipients (a buyer or a seller) to acknowledge they received this insurance information. The paper prints no "Date" blank beside them. Placed as e-sign tabs when the form is sent.

Fill and E-Sign This Form in RaiderX

EZDocs Instant fill

TXR 2508 has a verified fill map in EZDocs: answer a guided form — with the parties, property, price and closing date already filled in from your deal — and RaiderX fills the official current revision of the PDF, places every signature, initial and date line, and sends it for e-signature. When the last party signs, the executed copy files itself into the deal.

No downloaded blank, no separate e-signature account, no re-uploading the signed copy. EZDocs is in beta and included with every RaiderX plan at no per-signature cost, on the web and in the mobile app.

Every signed form also feeds Deal Manager: it reads the form's key dates and terms and builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing.

See EZDocs in Action
Fill, e-sign and auto-file Texas forms without leaving RaiderX — included with every plan.
Explore EZDocs

Ready to Keep 100%?

Join Texas agents who fill, e-sign and track forms like this one inside RaiderX — EZDocs and Deal Manager are included with every plan.

Apply NowBrowse All Forms