Sec. 1952.106. RECOVERY UNDER UNDERINSURED MOTORIST COVERAGE. Underinsured motorist coverage must provide for payment to the insured of all amounts that the insured is legally entitled to recover as damages from owners or operators of underinsured motor vehicles because of bodily injury or property damage, not to exceed the limit specified in the insurance policy, and reduced by the amount recovered or recoverable from the insurer of the underinsured motor vehicle.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle C - Automobile Insurance
Chapter 1952 - Policy Provisions and Forms for Automobile Insurance
Subchapter C. Uninsured or Underinsured Motorist Coverage
Section 1952.101. Uninsured or Underinsured Motorist Coverage Required
Section 1952.102. Uninsured Motor Vehicle
Section 1952.103. Underinsured Motor Vehicle
Section 1952.104. Required Provisions Relating to Uninsured or Underinsured Motorist Coverage
Section 1952.105. Liability Limits
Section 1952.106. Recovery Under Underinsured Motorist Coverage
Section 1952.107. Recovery Under Collision or Combined Coverage
Section 1952.108. Insurer's Right of Recovery