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Texas Insurance Code - INS § 912.203. Nonpayment of Premium or Assessment: Filing of Action

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

(a) A county mutual insurance company may bring an action in the home county of the company against a policyholder who defaults on the payment of an assessment or premium.

(b) The company is entitled to judgment against the policyholder for:

(1) delinquent premiums or assessments;

(2) foreclosure of the lien described by Section 912.202; and

(3) the costs of an action, including a reasonable attorney's fee in the amount of at least $5.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 912.203. Nonpayment of Premium or Assessment: Filing of Action - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-912-203/

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