Sec. 252.003. PREMIUMS SUBJECT TO TAXATION  


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  • An insurer shall pay maintenance taxes under this chapter on the correctly reported gross premiums from writing insurance in this state against loss or damage by:

    (1) bombardment;

    (2) civil war or commotion;

    (3) cyclone;

    (4) earthquake;

    (5) excess or deficiency of moisture;

    (6) explosion as defined by Section 2002.006(b);

    (7) fire;

    (8) flood;

    (9) frost and freeze;

    (10) hail, including loss by hail on farm crops;

    (11) insurrection;

    (12) invasion;

    (13) lightning;

    (14) military or usurped power;

    (15) an order of a civil authority made to prevent the spread of a conflagration, epidemic, or catastrophe;

    (16) rain;

    (17) riot;

    (18) the rising of the waters of the ocean or its tributaries;

    (19) smoke or smudge;

    (20) strike or lockout;

    (21) tornado;

    (22) vandalism or malicious mischief;

    (23) volcanic eruption;

    (24) water or other fluid or substance resulting from the breakage or leakage of sprinklers, pumps, or other apparatus erected for extinguishing fires, water pipes, or other conduits or containers;

    (25) weather or climatic conditions;

    (26) windstorm;

    (27) an event covered under a home warranty insurance policy; or

    (28) an event covered under an inland marine insurance policy.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 2C.002, eff. April 1, 2009. Acts 2007, 80th Leg., R.S., Ch. 932 , Sec. 12, eff. June 15, 2007. Reenacted by Acts 2009, 81st Leg., R.S., Ch. 87 , Sec. 14.009, eff. September 1, 2009.