Texas § 462.252 REDUCTION IN AMOUNT OF COVERED CLAIM FOR OTHER POLICY.

Texas Statutes

§ 462.252 — REDUCTION IN AMOUNT OF COVERED CLAIM FOR OTHER POLICY.

Texas § 462.252

Code INInsurance Code

This text of Texas § 462.252 (REDUCTION IN AMOUNT OF COVERED CLAIM FOR OTHER POLICY.) 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. § 462.252 (2026).

Text

Sec. 462.252. REDUCTION IN AMOUNT OF COVERED CLAIM FOR OTHER POLICY.

(a)Except as provided by Subsection (b), an amount payable as a covered claim under this chapter is reduced by the full applicable limits of another insurance policy described by Section 462.251 , and the association shall receive a full credit in the amount of the full applicable limits of the other policy.

(b)A covered claim for workers' compensation benefits is subject to reduction only by a third-party liability recovery under Section 417.002 , Labor Code.

(c)Subject to Section 462.255 , the maximum amount payable by the association is the damages incurred by the claimant, less the association's credit or offset under this section, except that the association's liability may not exceed the lesser of:

(1)$300,000;

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Sec. 462.252. REDUCTION IN AMOUNT OF COVERED CLAIM FOR OTHER POLICY. (a) Except as provided by Subsection (b), an amount payable as a covered claim under this chapter is reduced by the full applicable limits of another insurance policy described by Section 462.251 , and the association shall receive a full credit in the amount of the full applicable limits of the other policy.
(b) A covered claim for workers' compensation benefits is subject to reduction only by a third-party liability recovery under Section 417.002 , Labor Code.
(c) Subject to Section 462.255 , the maximum amount payable by the association is the damages incurred by the claimant, less the association's credit or offset under this section, except that the association's liability may not exceed the lesser of:
(1) $300,000; or
(2) the limits of the insurance policy under which the claim is made.