Texas Insurance Code Title 5, Chapter 551 - Practices Relating To Declination, Cancellation, And Nonrenewal Of Insurance Policies
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 551.001 - Rules
(a) The commissioner may, as necessary, adopt and enforce reasonable rules, including notice requirements, relating to the cancellation and nonrenewal of any insurance policy regulated...
- Texas Section 551.002 - Written Statement Of Reasons For Declination, Cancellation, Or Nonrenewal
(a) The commissioner shall require an insurer, on request by an applicant for insurance or a policyholder, to provide to the applicant or policyholder a...
- Texas Section 551.003 - Immunity From Liability
An insurer or agent or an employee of an insurer or agent is not liable, and a cause of action does not arise against that...
- Texas Section 551.004 - Transfer Not Considered A Refusal To Renew
For purposes of this chapter and Subchapters C and D, Chapter 1952, the transfer of a policyholder between admitted companies within the same insurance group...
SUBCHAPTER B CANCELLATION AND NONRENEWAL OF CERTAIN LIABILITY INSURANCE POLICIES
- Texas Section 551.005 - Membership Dues
(a) In this section, "insurer" includes a county mutual insurance company, a Lloyd's plan, and a reciprocal or interinsurance exchange. (b) Except as otherwise provided...
- Texas Section 551.051 - Definitions
In this subchapter: (1) "Insurer" means an insurance company or other entity admitted to engage in business and authorized to write liability insurance in this...
- Texas Section 551.052 - Cancellation Prohibited; Exceptions
(a) An insurer may not cancel a liability insurance policy that is a renewal or continuation policy. (b) An insurer may not cancel a liability...
- Texas Section 551.053 - Written Notice Of Cancellation Required
Not later than the 10th day before the date on which the cancellation of a liability insurance policy takes effect, an insurer must deliver or...
- Texas Section 551.054 - Written Notice Of Nonrenewal Required
(a) An insurer may refuse to renew a liability insurance policy if the insurer delivers or mails written notice of the nonrenewal to the first-named...
SUBCHAPTER C DECLINATION, CANCELLATION, AND NONRENEWAL OF
- Texas Section 551.055 - Reason For Cancellation Or Nonrenewal Required
In a notice to an insured relating to cancellation or refusal to renew, an insurer must state the reason for the cancellation or nonrenewal. The...
- Texas Section 551.101 - Definition
In this subchapter, "insurer" means any authorized insurer writing property and casualty insurance in this state, including: (1) a county mutual insurance company; (2) a...
- Texas Section 551.102 - Applicability Of Subchapter
This subchapter applies only to: (1) a personal automobile insurance policy, other than a policy written through the Texas Automobile Insurance Plan Association; (2) a...
- Texas Section 551.103 - Cancellation
For the purposes of this subchapter, an insurer has canceled an insurance policy if the insurer, without the consent of the insured: (1) terminates coverage...
- Texas Section 551.104 - Authorized Cancellation Of Policies
(a) An insurer may cancel an insurance policy only as provided by this section. (b) An insurer may cancel any policy if: (1) the named...
- Texas Section 551.105 - Nonrenewal Of Policies; Notice Required
Unless the insurer has mailed written notice of nonrenewal or renewal with written notice of change in coverage as provided by Section 2002.001 to the...
- Texas Section 551.106 - Renewal And Reinstatement Of Personal Automobile Insurance Policies
(a) An insurer may not refuse to renew a personal automobile insurance policy solely because of the age of the person covered by the policy....
- Texas Section 551.107 - Renewal Of Certain Policies; Premium Surcharge Authorized; Notice
(a) This section applies only to a standard fire, homeowners, or farm or ranch owners insurance policy. (b) A claim under this section does not...
- Texas Section 551.108 - Insurer Records
(a) An insurer shall maintain information regarding cancellation or nonrenewal of insurance policies in accordance with the insurer's ordinary practices for maintaining records of expired...
- Texas Section 551.109 - Insurer Statement
An insurer shall, at the request of an applicant for insurance or an insured, provide a written statement of the reason for a declination, cancellation,...
- Texas Section 551.110 - Liability For Disclosure
An insurer or agent or an employee of an insurer or agent is not liable for a statement or disclosure made in good faith under...
- Texas Section 551.111 - Effect Of Noncompliance
A cancellation of an insurance policy made in violation of this subchapter has no effect. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2,...
- Texas Section 551.112 - Rules
The commissioner may adopt rules relating to the cancellation and nonrenewal of insurance policies. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff....
SUBCHAPTER D CANCELLATION OR NONRENEWAL OF CERTAIN POLICIES ISSUED TO ELECTED OFFICIALS
- Texas Section 551.113 - Declination, Nonrenewal, Or Cancellation Prohibited; Consideration Of Consumer Inquiry
(a) This section applies only to: (1) a standard fire, homeowners, or farm and ranch owners insurance policy; or (2) a personal automobile insurance policy....
- Texas Section 551.151 - Definition
In this subchapter, "insurer" has the meaning assigned by Section 551.101. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
SUBCHAPTER E PORTABLE ELECTRONICS INSURANCE
- Texas Section 551.152 - Elected Officials
An insurer may not cancel or refuse to renew an insurance policy based solely on the fact that the policyholder is an elected official. Added...
- Texas Section 551.201 - Definitions
In this subchapter, "customer," "portable electronic devices," and "vendor" have the meanings assigned by Section 4055.251. Added by Acts 2013, 83rd Leg., R.S., Ch. 1174...
- Texas Section 551.202 - Required Notice Of Termination Or Change To Policy
(a) Except as otherwise provided by this subchapter, an insurer may terminate or change the terms and conditions of a policy of portable electronics insurance...
- Texas Section 551.203 - Termination For Fraud Or Misrepresentation
(a) An insurer may terminate the coverage of an enrolled customer under a portable electronics insurance policy for fraud or material misrepresentation in obtaining coverage...
- Texas Section 551.204 - Termination Without Notice
(a) An insurer may terminate the coverage of an enrolled customer under a portable electronics insurance policy without notice: (1) for nonpayment of premium; (2)...
- Texas Section 551.205 - Termination By Policyholder
A master or group policyholder who terminates a portable electronics insurance policy shall provide notice to each enrolled customer advising the enrolled customer of the...
- Texas Section 551.206 - Form Of Notice Or Correspondence
(a) A notice required by this subchapter, or another notice or correspondence with respect to a portable electronics insurance policy that is required by law,...
Last modified: September 28, 2016