Sec. 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.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 551 - Practices Relating to Declination, Cancellation, and Nonrenewal of Insurance Policies
Subchapter E. Portable Electronics Insurance
Section 551.202. Required Notice of Termination or Change to Policy
Section 551.203. Termination for Fraud or Misrepresentation
Section 551.204. Termination Without Notice