Texas § 1153.105 RATE WITHIN CERTAIN PERCENTAGES OF PRESUMPTIVE RATE.

Texas Statutes

§ 1153.105 — RATE WITHIN CERTAIN PERCENTAGES OF PRESUMPTIVE RATE.

Texas § 1153.105

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This text of Texas § 1153.105 (RATE WITHIN CERTAIN PERCENTAGES OF PRESUMPTIVE RATE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 1153.105 (2026).

Text

Sec. 1153.105. RATE WITHIN CERTAIN PERCENTAGES OF PRESUMPTIVE RATE.

(a)An insurer electing to deviate from the presumptive rate shall file with the commissioner the insurer's proposed rate for credit life and credit accident and health insurance.

(b)On filing the rate with the commissioner, the insurer may use the filed rate until the insurer elects to file a different rate.

(c)Except as provided by Section 1153.106 , an insurer may not use a rate that is more than 30 percent higher or more than 30 percent lower than the presumptive rate.

(d)Except as provided by this subchapter, a rate that complies with this section is valid and in compliance with the requirements of this subchapter and other applicable law.

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Sec. 1153.105. RATE WITHIN CERTAIN PERCENTAGES OF PRESUMPTIVE RATE. (a) An insurer electing to deviate from the presumptive rate shall file with the commissioner the insurer's proposed rate for credit life and credit accident and health insurance.
(b) On filing the rate with the commissioner, the insurer may use the filed rate until the insurer elects to file a different rate.
(c) Except as provided by Section 1153.106 , an insurer may not use a rate that is more than 30 percent higher or more than 30 percent lower than the presumptive rate.
(d) Except as provided by this subchapter, a rate that complies with this section is valid and in compliance with the requirements of this subchapter and other applicable law.