<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 16ECONOMIC REGULATION
PART 4TEXAS DEPARTMENT OF LICENSING AND REGULATION
CHAPTER 97MOTOR FUEL METERING AND QUALITY
SUBCHAPTER DSERVICE COMPANIES AND SERVICE TECHNICIANS
RULE §97.53Service Company License Requirements--Insurance

(a) A service company must maintain at least the following minimum general liability insurance coverages at all times:

  (1) $25,000 per occurrence; or

  (2) $50,000 aggregate.

(b) Insurance must be obtained from an admitted company or an eligible surplus lines carrier, as defined in the Texas Insurance Code, Chapter 981, or other insurance companies that are rated by A.M. Best Company as B+ or higher.

(c) A change in insurance carrier or minimum general liability insurance coverages must be submitted to the department within 30 calendar days.


Source Note: The provisions of this §97.53 adopted to be effective September 1, 2020, 45 TexReg 6082

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