TITLE: Relating to rating plan consequences for automobile insurance for traffic violation charges or convictions.

SUMMARY: Relating to rating plan consequences for automobile insurance for traffic violation charges or convictions.

FULL TEXT:
AN ACT relating to rating plan consequences for automobile insurance for traffic violation charges or convictions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1953.051(a), Insurance Code, is amended to read as follows: (a) A rating plan regarding the writing of automobile insurance [ other than insurance written under Chapter 2151] may [not]:(1) assign a rate consequence to a charge or conviction for a violation of Subtitle C, Title 7, Transportation Code; or (2) otherwise cause premiums for automobile insurance to be increased because of a charge or conviction described by Subdivision (1). SECTION 2. Section 1953.051, Insurance Code, as amended by this Act, applies only to an insurance policy delivered, issued for delivery, or renewed on or after January 1, 2024. A policy delivered, issued for delivery, or renewed before January 1, 2024, 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, 2023.