Tex. Ins. Code § 462.201 · Subchapter E. COVERED CLAIMS; CLAIMANTS
COVERED CLAIMS IN GENERAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A claim is a covered claim if:
(1) the claim is an unpaid claim;
(2) the claim is made under an insurance policy to which this chapter applies that is:
(A) issued by an insurer authorized to engage in business in this state; or
(B) assumed by an insurer authorized to engage in business in this state that issues an assumption certificate to the insured;
(3) the claim arises out of the policy and is within the coverage and applicable limits of the policy;
(4) the insurer that issued the policy or assumed the policy under an assumption certificate issued to the insured is an impaired insurer; and
(5) the claim:
(A) is made by a liability claimant or insured who is a resident of this state at the time of the insured event; or
(B) is a first-party claim for damage to property that is permanently located in this state.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, 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.462.htm
- Text hash
- sha256 1179c7383f587810daa25c9d2cad2bdf53d6b463965a8d2001dfe323eb52fdbb
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 462.201. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 462.009APPLICABILITY TO FORMER TEXAS WORKERS' COMPENSATION INSURANCE FACILITY AND SUCCESSOR.Printed as Sections 462.201-462.203, 462.205-462.210, 462.213, 462.214, and 462.305
- Tex. Ins. Code § 462.255CERTAIN CLAIMS SUBJECT TO LIEN OR SUBROGATION; LIMIT ON TOTAL RECOVERY.Printed as Sections 462.201-462.203, 462.205-462.210, 462.213, 462.214, and 462.305
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.