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Texas Insurance Code - INS § 2054.303. Denial of Coverage Based on Credit Risk

Current as of January 01, 2024 | Updated by Findlaw Staff

The company may refuse to write insurance coverage for an applicant that the company identifies as a credit risk unless the applicant, before a policy is issued:

(1) pays the total estimated premium and related charges;  or

(2) provides security for payment of the total estimated premium and related charges.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2054.303. Denial of Coverage Based on Credit Risk - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2054-303/

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