|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to exclusions of certain persons from coverage under a |
|
motor vehicle insurance policy used as evidence of financial |
|
responsibility. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 601.076, Transportation Code, is amended |
|
to read as follows: |
|
Sec. 601.076. REQUIRED TERMS: OWNER'S POLICY. (a) An |
|
owner's motor vehicle liability insurance policy must: |
|
(1) cover each motor vehicle for which coverage is to |
|
be granted under the policy; and |
|
(2) pay, on behalf of the named insured or another |
|
person who, as insured, uses a covered motor vehicle with the |
|
express or implied permission of the named insured, amounts the |
|
insured becomes obligated to pay as damages arising out of the |
|
ownership, maintenance, or use of the motor vehicle in the United |
|
States or Canada, subject to the amounts, excluding interest and |
|
costs, and exclusions of Section 601.072. |
|
(b) This section does not prohibit the named insured from |
|
excluding specific persons from coverage under the policy. An |
|
exclusion under this section must be in writing and must: |
|
(1) include the name of the person excluded from |
|
coverage; |
|
(2) be signed by the named insured; and |
|
(3) be attached to the policy. |
|
SECTION 2. This Act applies only to a motor vehicle |
|
insurance policy delivered, issued for delivery, or renewed on or |
|
after January 1, 2010. A policy delivered, issued for delivery, or |
|
renewed before January 1, 2010, 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, 2009. |