Tex. Fin. Code § 348.209 · Subchapter C. INSURANCE
REQUIREMENTS FOR INCLUDING INSURANCE COST IN CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If insurance is included as an itemized charge in a retail installment contract:
(1) the insurance must be written:
(A) at lawful rates;
(B) in accordance with the Insurance Code; and
(C) by a company authorized to do business in this state; and
(2) the disclosure requirements of this section must be satisfied.
(b) If the insurance is described by Section 348.201, 348.202, or 348.208(a), the retail installment contract must identify the:
(1) type of the coverage;
(2) term of the coverage; and
(3) amount of the premium for the coverage.
(c) If the insurance is described by Section 348.208(a), the retail installment contract must also clearly indicate that the coverage is optional.
(d) If the retail installment contract includes a charge described by Section 348.208(b), the retail installment contract must clearly and conspicuously disclose that the charge is included.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.348.htm
- Text hash
- sha256 6b78073805bf3f5e9adab2d51a5a9ac2341e8f6cfbb4d2b3fae0f09fc52623d0
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Finance Code
- Tex. Fin. Code § 348.201PROPERTY INSURANCE.Printed as Section 348.201, 348.202, or 348.208(a)
- Tex. Fin. Code § 348.202CREDIT LIFE AND CREDIT HEALTH AND ACCIDENT INSURANCE.Printed as Section 348.201, 348.202, or 348.208(a)
- Tex. Fin. Code § 348.208CHARGES FOR OTHER INSURANCE AND FORMS OF PROTECTION INCLUDED IN RETAIL INSTALLMENT CONTRACT.Printed as Section 348.201, 348.202, or 348.208(a) | Section 348.208(a) | Section 348.208(b)
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 348.209. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.