Tex. Ins. Code Section 551.203
Termination for Fraud or Misrepresentation

(a)

An insurer may terminate the coverage of an enrolled customer under a portable electronics insurance policy for fraud or material misrepresentation in obtaining coverage or in the presentation of a claim under the coverage.

(b)

Termination of coverage under this section may not be effective before the 15th day after the date the insurer provides the customer notice of the termination.

Added by Acts 2013, 83rd Leg., R.S., Ch. 1174 (S.B. 839), Sec. 1, eff. September 1, 2013.

Source: Section 551.203 — Termination for Fraud or Misrepresentation, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.551.htm#551.203 (accessed May 4, 2024).

551.001
Rules 551.002
Written Statement of Reasons for Declination, Cancellation, or Nonrenewal 551.003
Immunity from Liability 551.004
Transfer Not Considered a Refusal to Renew 551.005
Membership Dues 551.051
Definitions 551.052
Cancellation Prohibited 551.053
Written Notice of Cancellation Required 551.054
Written Notice of Nonrenewal Required 551.055
Reason for Cancellation or Nonrenewal Required 551.056
Changes to Policy on Renewal 551.101
Definition 551.102
Applicability of Subchapter 551.103
Cancellation 551.104
Authorized Cancellation of Policies 551.105
Nonrenewal of Policies 551.106
Renewal and Reinstatement of Personal Automobile Insurance Policies 551.107
Renewal of Certain Policies 551.108
Insurer Records 551.109
Insurer Statement 551.110
Liability for Disclosure 551.111
Effect of Noncompliance 551.112
Rules 551.113
Declination, Nonrenewal, or Cancellation Prohibited 551.151
Definition 551.152
Elected Officials 551.201
Definitions 551.202
Required Notice of Termination or Change to Policy 551.203
Termination for Fraud or Misrepresentation 551.204
Termination Without Notice 551.205
Termination by Policyholder 551.206
Form of Notice or Correspondence 551.1041
Rulemaking Authority Relating to Notice of Cancellation of Certain Personal Automobile Insurance Coverages 551.1053
Mandatory Nonrenewal of Private Passenger Automobile Insurance Policies 551.1055
Changes to Policy on Renewal

Accessed:
May 4, 2024

§ 551.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._ins._code_section_551.203

Original Source: Section 551.203 — Termination for Fraud or Misrepresentation, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.551.htm#551.203 (last accessed May 4, 2024).