Sec. 551.103. CANCELLATION  


Latest version.
  • For the purposes of this subchapter, an insurer has canceled an insurance policy if the insurer, without the consent of the insured:

    (1) terminates coverage provided under the policy;

    (2) refuses to provide additional coverage to which the insured is entitled under the policy; or

    (3) reduces or restricts coverage under the policy by endorsement or other means.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.