Tex. Ins. Code Section 1153.105
Rate Within Certain Percentages of Presumptive Rate

(a)

An insurer electing to deviate from the presumptive rate shall file with the commissioner the insurer’s proposed rate for credit life and credit accident and health insurance.

(b)

On filing the rate with the commissioner, the insurer may use the filed rate until the insurer elects to file a different rate.

(c)

Except as provided by Section 1153.106 (Rate Outside Certain Percentages of Presumptive Rate), an insurer may not use a rate that is more than 30 percent higher or more than 30 percent lower than the presumptive rate.

(d)

Except as provided by this subchapter, a rate that complies with this section is valid and in compliance with the requirements of this subchapter and other applicable law.
Added by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.304(b), eff. Sept. 1, 2003.

Source: Section 1153.105 — Rate Within Certain Percentages of Presumptive Rate, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1153.­htm#1153.­105 (accessed Jun. 5, 2024).

1153.001
Short Title 1153.002
Purpose 1153.003
Definitions 1153.004
Applicability of Chapter 1153.005
Rules 1153.006
Filing Fee 1153.007
Gain or Advantage from Insurance Not Prohibited Charge 1153.051
Filing of Form 1153.052
Requirements Relating to Insurance Policy or Certificate 1153.053
Disapproval of Form 1153.054
Withdrawal of Approval of Form 1153.055
Prohibitions Relating to Issuance or Use of Form 1153.101
Filing of Schedule of Rates 1153.102
Revision of Schedule of Rates 1153.103
Presumptive Premium Rate 1153.104
Appeal of Presumptive Rate 1153.105
Rate Within Certain Percentages of Presumptive Rate 1153.106
Rate Outside Certain Percentages of Presumptive Rate 1153.107
Rate Standard 1153.151
Forms of Credit Life Insurance 1153.152
Forms of Credit Accident and Health Insurance 1153.153
Evidence of Insurance 1153.154
Requirements for Delivery or Issuance of Credit Insurance Policy 1153.155
Limits on Amount of Credit Life Insurance 1153.156
Limits on Amount of Credit Accident and Health Insurance 1153.157
Beginning of Term of Credit Insurance Coverage 1153.158
Delivery of Evidence of Insurance to Debtor 1153.159
Requirements Relating to Application for Insurance or Notice of Proposed Insurance 1153.160
Termination of Credit Insurance 1153.161
Insurance May Be Provided by Debtor 1153.201
Maximum Amount of Insurance Charge to Debtor 1153.202
Refund of Insurance Charge on Termination of Debt or Insurance 1153.203
Certain Refunds or Adjustments Required 1153.204
Claim Under Policy 1153.701
Compliance Order 1153.702
Penalty 1153.703
Revocation or Suspension of Authority on Violation of Order
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1153.105’s source at texas​.gov