Texas Transportation Code 601.077 – Required Terms: Operator’s Policy
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code 601.077
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
An operator’s motor vehicle liability insurance policy must pay, on behalf of the named insured, amounts the insured becomes obligated to pay as damages arising out of the use by the insured of a motor vehicle the insured does not own, subject to the same territorial limits, payment limits, and exclusions as for an owner’s policy under § 601.076.