§ 551.101 Definition
§ 551.102 Applicability of Subchapter
§ 551.103 Cancellation
§ 551.104 Authorized Cancellation of Policies
§ 551.1041 Rulemaking Authority Relating to Notice of Cancellation of Certain Personal Automobile Insurance Coverages
§ 551.105 Nonrenewal of Policies; Notice Required
§ 551.1053 Mandatory Nonrenewal of Private Passenger Automobile Insurance Policies
§ 551.1055 Changes to Policy On Renewal
§ 551.106 Renewal and Reinstatement of Personal Automobile Insurance Policies
§ 551.107 Renewal of Certain Policies; Premium Surcharge Authorized; Notice
§ 551.108 Insurer Records
§ 551.109 Insurer Statement
§ 551.110 Liability for Disclosure
§ 551.111 Effect of Noncompliance
§ 551.112 Rules
§ 551.113 Declination, Nonrenewal, or Cancellation Prohibited; Consideration of Consumer Inquiry
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Terms Used In Texas Insurance Code Chapter 551 > Subchapter C - Declination, Cancellation, and Nonrenewal of

  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Personal property: All property that is not real property.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Succeeding: means immediately following. See Texas Government Code 312.011
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005