Texas Insurance Code

§ 551.203 — TERMINATION FOR FRAUD OR MISREPRESENTATION

IN § 551.203Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 551. PRACTICES RELATING TO DECLINATION, CANCELLATION, AND NONRENEWAL OF INSURANCE POLICIES · Art. E. PORTABLE ELECTRONICS INSURANCE

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(a)An insurer may terminate the coverage of an enrolled customer under a portable electronics insurance policy for fraud or material misrepresentation in obtaining coverage or in the presentation of a claim under the coverage.

(b)Termination of coverage under this section may not be effective before the 15th day after the date the insurer provides the customer notice of the termination.

Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 1174 (S.B. 839), Sec. 1, eff. September 1, 2013.