Consumers affected by Hurricane Harvey don’t need to rush to file an insurance claim.

Warnings spreading on social media about a Sept. 1 deadline to file claims related to Hurricane Harvey are largely misinformation, experts say. The alerts reference a Texas law set to take effect this week that potentially reduces the penalties insurers face for late claim payments as a result of a lawsuit.

“[The law] has no impact on the insurance claims process, it only affects…
Personal Finance