Tex. Ins. Code § 2002.004 · Subchapter A. POLICY PROVISIONS
JEWELRY COVERAGE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "personal property insurance" means insurance against damage to or loss of tangible personal property, including coverage provided in a homeowners insurance policy, residential fire and allied lines insurance policy, or farm and ranch owners insurance policy.
(b) This section applies to each insurer that provides personal property insurance in this state, including a county mutual insurance company, farm mutual insurance company, Lloyd's plan, and reciprocal or interinsurance exchange.
(c) An insurer that provides personal property insurance coverage in this state for jewelry may elect to pay either:
(1) the stated value of the jewelry item; or
(2) the actual cost of replacing the jewelry item with one of like kind and quality.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2002.htm
- Text hash
- sha256 d401ebaea7bb98dcef6d1a1ff8bb3ba46408e7dd8eee45b3ba82ca5d3190740b
- 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
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.