Tex. Insurance Code § 2602.256
AMOUNT OF COVERED CLAIM; LIMIT
Texas · Texas Insurance Code · Status: effective
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- Tex. Insurance Code § 2602.256, AMOUNT OF COVERED CLAIM; LIMIT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/685014
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Full text
(a) A covered claim under Section 2602.251 or 2602.253 may not exceed the lesser of $500,000 for each claimant or $500,000 for each policy.
(b) A covered claim under Section 2602.252 may not exceed the lesser of $500,000 for each claimant or the amount of money actually received by the impaired title insurance company or agent as trust funds or an escrow account for each claimant in a transaction from which the claim arises, except that the cumulative amount of covered claims arising from a single transaction may not exceed $500,000.