Sec. 2054.303. DENIAL OF COVERAGE BASED ON CREDIT RISK. 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. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Denial of Coverage Based On Credit Risk
Tex. Insurance Code § 2054.303, under Texas Mutual Insurance Company.
Tex. Insurance Code § 2054.303