Texas Insurance Code 2301.002 – Definitions
Terms Used In Texas Insurance Code 2301.002
- Personal property: All property that is not real property.
- Property: means real and personal property. See Texas Government Code 311.005
- Rule: includes regulation. See Texas Government Code 311.005
In this subchapter:
(1) “Commercial property insurance” means insurance coverage against loss caused by or resulting from loss, damage, or destruction of real or personal property provided through a commercial property insurance policy. The term includes any combination of:
(A) commercial fire or allied lines;
(B) commercial inland marine insurance;
(C) commercial crime coverage;
(D) boiler and machinery insurance other than explosion;
(E) glass insurance provided as part of other coverage; and
(F) as authorized by commissioner rule, insurance covering other perils or providing other coverages or other lines of first party property insurance.
(1-a) “Form” means an insurance policy form or a printed endorsement form.
(2) “Residential property insurance” means insurance coverage against loss to real or tangible personal property at a fixed location that is provided through a homeowners insurance policy, including a tenants insurance policy, a condominium owners insurance policy, or a residential fire and allied lines insurance policy.
(3) “Supporting information” means any information required by the department to be filed.