Insurance Code › Title 10 › Chapter 2153 › Subchapter B

Texas Insurance Code § 2153.052

Eligibility of Group

Group Marketing of Automobile Insurance for Persons Over 55 Years of Age · Conditions for Issuance of Group Automobile Insurance

(a) To be eligible for group marketing, a group must:

(1) have existed for at least six months before the date the group automobile insurance is purchased; and

(2) be organized for a purpose other than to become an insurance group under this chapter.

(b) The group may include any group that is actuarially credible for underwriting purposes.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Sections that refer to this one

§ 2153.001§ 2153.053