Tex. Insurance Code § 883.154
MAXIMUM PREMIUMS
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 883.154, MAXIMUM PREMIUMS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679939
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Full text
(a) The maximum premium of an insurance policy issued by a domestic mutual insurance company must be stated in the policy.
(b) A policy's maximum premium may consist only of:
(1) a cash premium; or
(2) a cash premium and a contingent premium in an amount equal to one additional cash premium.