Nonpayment of Premium Or Assessment: Filing of Action

Tex. Insurance Code § 912.203, under Chapter 912.

Tex. Insurance Code § 912.203

Sec. 912.203. NONPAYMENT OF PREMIUM OR ASSESSMENT: FILING OF ACTION. (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. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.