Texas Insurance Code

§ 862.051 — KINDS OF INSURANCE AUTHORIZED

IN § 862.051Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part D. CASUALTY COMPANIES · Ch. 862. FIRE AND MARINE INSURANCE COMPANIES · Art. B. INSURANCE COVERAGE PROVIDED BY FIRE AND MARINE INSURANCE COMPANIES

Statute text

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On filing notice of its intent with the department, an insurance company engaged in the business of insurance in this state under an appropriate certificate of authority may:

(1)insure houses, buildings, and other property against loss or damage by fire;

(2)insure goods, merchandise, and other property in the course of transportation by land or water, or vessels afloat, regardless of their location;

(3)insure motor vehicles, whether stationary or being operated under the motor vehicle's own power, against loss or damage by fire, lightning, windstorm, hail storm, tornado, cyclone, explosion, transportation by land or water, theft, and collision;

(4)lend money on bottomry or respondentia;

(5)obtain insurance against:

…

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.