Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When is the Texas Guaranty Associations coverage determined?

0
Posted

When is the Texas Guaranty Associations coverage determined?

0

Coverage is determined at the time the insurance company is declared insolvent or impaired by the Texas Commissioner of Insurance. This coverage is based on the policyholder’s residency, the insurance policy provisions, and Texas law at that time (not the law when the policy or contract was issued).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123