Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 5 - PROPERTY AND CASUALTY INSURANCE
Subchapter N - RESIDENTIAL PROPERTY INSURANCE MARKET ASSISTANCE PROGRAM
Division 2 - PLAN OF OPERATION
Section 5.9404 - Policy Forms and Types of Coverage
Universal Citation: 28 TX Admin Code § 5.9404
Current through Reg. 50, No. 13; March 28, 2025
(a) Definitions. The following words and terms when used in this section shall have the following meanings unless the context clearly indicates otherwise.
(1) Class 1 designated underserved area--An
area determined and designated by rule as an underserved area by the
Commissioner of Insurance, pursuant to both Articles 21.49-12 and 5.35-3 of the
Insurance Code.
(2) Class 2
designated underserved area--An area determined and designated by rule as an
underserved area by the Commissioner of Insurance, pursuant to Article 21.49-12
of the Insurance Code.
(b) Forms.
(1) The following forms may be used in Class
1 designated underserved areas in writing coverage through the MAP:
(A) a residential property insurance policy
form and endorsements promulgated pursuant to Article 5.35 of the Insurance
Code;
(B) a residential property
insurance policy form and endorsements promulgated pursuant to Article 5.35-3
of the Insurance Code except farm and ranch or farm and ranch owners policy
forms; and
(C) additional
endorsements filed by an individual insurer pursuant to Article 5.35 of the
Insurance Code and approved by the Commissioner.
(2) The following forms may be used in Class
2 designated underserved areas in writing coverage through the MAP:
(A) a residential property insurance policy
form and endorsements promulgated pursuant to Article 5.35 of the Insurance
Code; and
(B) additional
endorsements filed by an individual insurer pursuant to Article 5.35 of the
Insurance Code and approved by the Commissioner.
(c) Form rules. The rules governing the writing of the policies placed through the MAP shall be the same rules promulgated in the Texas Personal Lines Manual for each type of policy form adopted by the Commissioner of Insurance pursuant to Articles 5.35 and 5.35-3 of the Insurance Code except farm and ranch and farm and ranch owners policy forms.
(d) Types of coverage.
(1) Coverage may be provided by
participating insurers through the MAP for residential risks, except coverage
for the perils of windstorm and hail for those risks that are eligible for
windstorm and hail coverage through the Texas Catastrophe Property Insurance
Association pursuant to Article 21.49 of the Insurance Code.
(2) The types of coverage that may be
provided in Class 1 designated underserved areas are:
(A) basic fire and extended
coverage;
(B) named
perils;
(C) broad form named
perils;
(D) additional named
perils, either separately or in combination;
(E) all risk coverage;
(F) any other coverage available under policy
forms and endorsements promulgated pursuant to Articles 5.35 or 5.35-3 of the
Insurance Code, except farm and ranch and farm and ranch owners policy forms or
filed by an individual insurer pursuant to Article 5.35 and approved by the
Commissioner.
(3) The
types of coverage that may be provided in Class 2 designated underserved areas
are:
(A) basic fire and extended
coverage;
(B) named
perils;
(C) broad form named
perils;
(D) all risk
coverage;
(E) any other coverage
available under policy forms and endorsements promulgated pursuant to Article
5.35 of the Insurance Code or filed by an individual insurer pursuant to
Article 5.35 and approved by the Commissioner.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.