Bill Text: TX SB503 | 2011-2012 | 82nd Legislature | Engrossed
Bill Title: Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.
Sponsorship: Partisan Bill (Republican 1)
Status: (Engrossed - Dead) 2011-04-04 - Referred to Insurance [SB503 Detail]
Download: Texas-2011-SB503-Engrossed.html
| By: Jackson | S.B. No. 503 | |
|
|
||
|
|
||
| relating to coverage for certain towing and storage expenses under | ||
| a motor vehicle insurance policy. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Chapter 1952, Insurance Code, is amended by | ||
| adding Subchapter H to read as follows: | ||
| SUBCHAPTER H. COVERAGE FOR CERTAIN TOWING AND STORAGE CHARGES | ||
| Sec. 1952.351. APPLICABILITY OF SUBCHAPTER. This | ||
| subchapter applies to any insurer writing automobile insurance in | ||
| this state, including a capital stock insurance company, a | ||
| reciprocal or interinsurance exchange, a mutual insurance company, | ||
| including a county mutual insurance company, a Lloyd's plan, or | ||
| another legal entity engaged in the business of automobile | ||
| insurance in this state. The term includes: | ||
| (1) an affiliate as described by Section 823.003(a) if | ||
| that affiliate is authorized to write and is writing automobile | ||
| insurance in this state; and | ||
| (2) the Texas Automobile Insurance Plan Association | ||
| under Chapter 2151. | ||
| Sec. 1952.352. COVERAGE FOR TOWING AND STORAGE CHARGES. An | ||
| insurer subject to this subchapter that delivers, issues for | ||
| delivery, or renews an automobile liability insurance policy in | ||
| this state that covers liability arising out of the ownership, | ||
| maintenance, or use of a motor vehicle shall include coverage for | ||
| reasonable towing expenses and related storage charges assessed in | ||
| relation to a vehicle involved in a motor vehicle accident for which | ||
| an insured under the policy is liable. | ||
| SECTION 2. This Act applies only to an automobile liability | ||
| insurance policy that is delivered, issued for delivery, or renewed | ||
| on or after January 1, 2012. A policy delivered, issued for | ||
| delivery, or renewed before January 1, 2012, is governed by the law | ||
| as it existed immediately before the effective date of this Act, and | ||
| that law is continued in effect for that purpose. | ||
| SECTION 3. This Act takes effect September 1, 2011. | ||
