Sec. 1806.053. DISCRIMINATIONS OR DISTINCTIONS. Except as provided by this subchapter, with respect to business written in this state:
(1) an insurer may not discriminate or make a distinction, or permit discrimination or a distinction to be made, among insureds having like hazards with respect to premiums charged for, or dividends or other benefits payable under, an insurance policy;
(2) an insurer or an insurer's agent may not make an insurance contract or an agreement relating to that insurance, other than as expressed in the policy; and
(3) an insurer or an insurer's agent or other representative may not directly or indirectly pay, allow, or give, or offer to pay, allow, or give, as an inducement to the insured, a rebate payable on the policy or a special favor or advantage in the dividends or other benefits to accrue, or anything of value, not specified in the policy.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 28 (S.B. 840), Sec. 2, eff. September 1, 2013.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle A - General Provisions
Chapter 1806 - Prohibited Practices and Rebates Related to Policies
Subchapter B. Provisions Applicable to Automobile Insurance
Section 1806.051. Applicability of Subchapter
Section 1806.052. Construction of Subchapter
Section 1806.053. Discriminations or Distinctions
Section 1806.054. Other Prohibited Inducements
Section 1806.055. Profit Sharing Authorized; Certain Prohibitions
Section 1806.056. Profit Sharing Based on Combat Duty Authorized
Section 1806.057. Profit Sharing With Members of Certain Associations Authorized