Tex. Finance Code § 348.209
REQUIREMENTS FOR INCLUDING INSURANCE COST IN CONTRACT
Texas · Texas Finance Code · Status: effective
Cite this
- Citation
- Tex. Finance Code § 348.209, REQUIREMENTS FOR INCLUDING INSURANCE COST IN CONTRACT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647599
- Permanent ID
ys:prov:647599@1- SHA-256
20caabbd0a99ef3203cdecc0764ef75bf7dd0064cd1eb89fa6c4a7382b130ca1
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If insurance is included as an itemized charge in a retail installment contract:
(1) the insurance must be written:
(A) at lawful rates;
(B) in accordance with the Insurance Code; and
(C) by a company authorized to do business in this state; and
(2) the disclosure requirements of this section must be satisfied.
(b) If the insurance is described by Section 348.201, 348.202, or 348.208(a), the retail installment contract must identify the:
(1) type of the coverage;
(2) term of the coverage; and
(3) amount of the premium for the coverage.
(c) If the insurance is described by Section 348.208(a), the retail installment contract must also clearly indicate that the coverage is optional.
(d) If the retail installment contract includes a charge described by Section 348.208(b), the retail installment contract must clearly and conspicuously disclose that the charge is included.