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Texas Insurance Code - Section 462.202. Claim For Unearned Premiums

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 462.202. Claim For Unearned Premiums

§ 462.202. CLAIM FOR UNEARNED PREMIUMS.  (a) A claim for 
unearned premiums is a covered claim.  A covered claim for unearned 
premiums may not exceed $25,000.
	(b)  With respect to a covered claim for unearned premiums, a 
person has a covered claim under this chapter if the person is a 
resident of this state at the time:
		(1)  the policy is issued;  or                                                
		(2)  the insurer is determined to be an impaired 
insurer.                   

Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.           

Last modified: August 10, 2007