Tex. Ins. Code Section 1953.001
Exclusion of Certain Types or Classes of Insurance from Certain Regulations

(a)

This section applies only to insurance against liability for damages arising out of the ownership, operation, maintenance, or use of a motor vehicle described by Article 5.01 or against loss of or damage to a motor vehicle described by Article 5.01 that, in the judgment of the commissioner, is a type or class of insurance that is also the subject of or is more properly regulated under other insurance rating laws that cover that type or class of insurance.

(b)

A type or class of insurance to which this section applies is excluded from regulation under this chapter and:

(1)

Articles 5.01, 5.01B, 5.03, 5.04, 5.04-1, 5.06, 5.10, and 5.11;

(2)

Chapters 251 (General Provisions) and 254 (Motor Vehicle Insurance);

(3)

Subchapters A and B, Chapter 1806 (Prohibited Practices and Rebates Related to Policies); and

(4)

Chapters 1951 (General Provisions: Automobile Insurance) and 1952 (Policy Provisions and Forms for).

(c)

If the commissioner finds that a type or class of insurance to which this section applies is also the subject of or is more properly regulated under other insurance rating laws that cover that type or class of insurance, the commissioner shall issue an order declaring which other insurance rating laws apply to:

(1)

the type or class of insurance; and

(2)

any motor vehicle equipment described by Article 5.01.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1H.001, eff. April 1, 2009.

Source: Section 1953.001 — Exclusion of Certain Types or Classes of Insurance from Certain Regulations, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1953.­htm#1953.­001 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1953.001’s source at texas​.gov