Tex. Ins. Code Section 2004.002
Designation of Underserved Areas


(a)

The commissioner by rule may designate an area as an underserved area for residential property insurance.

(b)

In determining which areas to designate as underserved, the commissioner shall consider:

(1)

whether residential property insurance is not reasonably available to a substantial number of owners of insurable property in the area;

(2)

whether access to the full range of coverages and policy forms for residential property insurance does not reasonably exist; and

(3)

any other relevant factor as determined by the commissioner.

(c)

The commissioner shall determine which areas to designate as underserved under this section not less than once every six years.

(d)

The commissioner shall conduct a study concerning the accuracy of current designations of underserved areas under this section for the purpose of increasing and improving access to insurance in those areas not less than once every six years.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1147 (H.B. 1951), Sec. 8.001, eff. September 1, 2011.

Source: Section 2004.002 — Designation of Underserved Areas, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2004.­htm#2004.­002 (accessed Jun. 5, 2024).

2001.001
Applicability of Subtitle
2001.002
Rates
2001.003
Authority to Require Sworn Statements
2001.004
Authority to Inspect and Take Testimony Regarding Records
2001.005
Authority to Require Provision of Data
2001.006
Report of Information Relating to Certain Fire Losses
2001.007
Criminal Penalty
2001.008
Immunity from Prosecution
2001.009
Limitation on Compensation and Expenses
2001.010
Public Guide Relating to Commercial Property Rating
2002.001
Policy Form or Endorsement Making Material Change to Policy
2002.002
Lien on Insured Property
2002.003
Coverages for Spouses and Former Spouses
2002.004
Jewelry Coverage
2002.005
Coinsurance Clauses
2002.006
Provisions Governing Certain Conditions or Risks
2002.051
Policy Forms and Endorsements for Residential Property Insurance
2002.052
Applicability of Other Law to Residential Property Insurance
2002.101
Rate Analysis
2002.102
Notice of Renewal
2002.103
Disclosure Regarding Flood Coverage Required
2003.001
Fire Loss Information
2003.002
Fire Suppression Ratings for Border Municipalities
2003.003
Credit for Reducing Fire Hazard
2003.004
Policyholder Credit for Reducing Hazard
2003.051
Annual List of Insured Fire Losses by Municipality
2003.052
Municipality’s Request for List
2003.053
List Corrections
2003.054
Charge for List and Fire Record System
2003.055
Department Authority to Require Provision of Fire Loss Information
2003.056
Discretionary Provision of List
2003.101
Definitions
2003.102
Right to Voluntary Inspection of Property Condition
2003.103
Plan of Operation
2003.104
Eligible Inspectors
2003.105
Presumption of Insurability
2003.106
Enforcement
2003.107
Rules
2004.001
Definition
2004.002
Designation of Underserved Areas
2004.003
Authorization for Issuance of Insurance
2004.004
Exclusion of Certain Coverage
2004.005
Availability of Coverage
2004.006
Policy Forms
2004.007
Inapplicability of Certain Laws to Premiums
2004.008
Rates
2005.001
Definitions
2005.002
Authorization to Write Certain Insurance
2005.003
Manner of Regulation
2005.004
Limits of Coverage
2006.001
Definitions
2006.002
Optional Premium Discount
2006.003
Property Inspection
2006.004
Premium Discount
2006.005
Rules
2006.051
Definitions
2006.052
Optional Premium Discount
2006.053
Approval of Certain Actuarially Justified Premium Discounts and Rating Programs
2006.054
Limit on Premium Discount
2006.055
Rules and Guidelines
2006.0521
Compliance with Other Law Required
2007.001
Applicability of Chapter
2007.002
Assessment
2007.003
Determination of Assessment
2007.004
Dates of Assessment and Payment
2007.005
Recovery of Assessment
2007.006
Notice to Policyholders
2007.007
Volunteer Fire Department Assistance Fund
2007.008
Rules
2008.001
Applicability of Chapter
2008.002
Coverage

Accessed:
Jun. 5, 2024

§ 2004.002’s source at texas​.gov