Texas § IN.462.201 - COVERED CLAIMS IN GENERAL
Full text of Texas The Texas Constitution § IN.462.201 — COVERED CLAIMS IN GENERAL, with citation guidance and answers to common questions.
§ IN.462.201. COVERED CLAIMS IN GENERAL
COVERED CLAIMS IN GENERAL. A claim is a covered claim if: (1) the claim is an unpaid claim; (2) the claim is made under an insurance policy to which this chapter applies that is: (A) issued by an insurer authorized to engage in business in this state; or (B) assumed by an insurer authorized to engage in business in this state that issues an assumption certificate to the insured; (3) the claim arises out of the policy and is within the coverage and applicable limits of the policy; (4) the insurer that issued the policy or assumed the policy under an assumption certificate issued to the insured is an impaired insurer; and (5) the claim: (A) is made by a liability claimant or insured who is a resident of this state at the time of the insured event; or (B) is a first-party claim for damage to property that is permanently located in this state. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.462.201
What does The Texas Constitution § IN.462.201 cover?
Section IN.462.201 ("COVERED CLAIMS IN GENERAL") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.462.201?
A common citation format is "The Texas Constitution § IN.462.201" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.462.201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.