Texas Insurance Code § 544.553 Prohibition Of Underwriting And Rating Decisions Based On Consumer Inquiry

Sec. 544.553. PROHIBITION OF UNDERWRITING AND RATING DECISIONS BASED ON CONSUMER INQUIRY. An insurer may not:

(1) use an underwriting guideline based solely on whether a consumer inquiry has been made by or on behalf of the applicant or insured; or

(2) charge a rate that is different from the rate charged to other individuals for the same coverage or increase a rate charged to an insured based solely on whether a consumer inquiry has been made by or on behalf of the applicant or insured.

Added by Acts 2013, 83rd Leg., R.S., Ch. 570 (S.B. 736), Sec. 1, eff. September 1, 2013.

Section: Previous  544.305  544.351  544.352  544.353  544.354  544.401  544.451  544.452  544.453  544.501  544.502  544.503  544.551  544.552

Last modified: September 28, 2016