Texas Insurance Code §542 / §542A

Insurance Company Delaying Your Claim? They May Owe You Interest.

Texas law penalizes insurance companies for delayed payments — calculate what you may be owed.

Texas Prompt Payment Interest Calculator

Estimate statutory interest owed under the Texas Prompt Payment of Claims Act for delayed insurance payments.

Select Claim Type

18% annual interest applies

Amount of Claim Owed ($)

Date Payment Was Due

Date Payment Was Made (or Today)

Simple Interest

This calculator provides an estimate based on Texas Prompt Payment of Claims Act guidelines. Actual interest owed may vary based on claim classification, statutory interpretation, and legal factors. Consult a licensed public adjuster or attorney for claim-specific guidance.