<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 5PROPERTY AND CASUALTY INSURANCE
SUBCHAPTER FINLAND MARINE INSURANCE, MULTI-PERIL INSURANCE, AND COMMERCIAL LINES
DIVISION 1INLAND MARINE INSURANCE
RULE §5.5008Inland Marine Insurance -- Other Inland Marine Risks

  (26) Physicians' and surgeons' equipment floaters (non-filed).

  (27) Radium floaters (non-filed).

  (28) Rolling stock used on a railway system (non-filed). Coverage may be provided on an all-risk basis or named peril basis. Coverage must include fire, collision, derailment, overturn, strikes, and riots.

  (29) Salespersons' samples floaters (non-filed).

  (30) Sign and street clock policies (non-filed). These policies cover neon signs, automatic or mechanical signs, and street clocks, while in use.

  (31) Silverware floaters:

    (A) personal risks (filed); and

    (B) commercial risks (non-filed).

  (32) Stamp and coin floaters:

    (A) private collections (filed); and

    (B) commercial risks (non-filed).

  (33) Self-service storage customer floaters (filed for policy forms and endorsements; non-filed for rates). These policies may be issued to a tenant of a self-service storage facility to cover property stored at the facility.

    (A) For purposes of this paragraph, the terms "self-service storage facility" and "tenant" have the meanings prescribed by Property Code §59.001, concerning Definitions.

    (B) Coverage is limited to property in storage for the perils listed in the policies, which must include coverage for property while in transit.

    (C) Coverage may not be provided for any motor vehicles subject to motor vehicle registration and inspection.

    (D) Policies may not cover property stored in:

      (i) any facility where the lessor issues a warehouse receipt, bill of lading, or other document of title relating to the stored property; or

      (ii) facilities other than storage facilities that have multiple storage units.

  (34) Theatrical floaters (non-filed). These policies may not include coverage for buildings, improvements, betterments, and furniture and fixtures that do not travel with theatrical troupes.

  (35) Travel insurance (filed), as described in Insurance Code Chapter 3504, concerning Travel Insurance.

  (36) Valuable papers and records. These risks include:

    (A) personal risks (filed); and

    (B) commercial risks (non-filed).

  (37) Wedding present floaters (non-filed).

  (38) Wool growers and wool buyers floaters (non-filed). These policies cover property usual to the insured's business while in transit and all other situations customary and incidental to transit.


Source Note: The provisions of this §5.5008 adopted to be effective June 4, 2023, 48 TexReg 2723

Previous Page

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page