Section 462.202 - Claim for Unearned Premiums(a) A claim for unearned premiums is a covered claim. A covered claim for unearned premiums may not exceed $25,000.(b) With respect to a covered claim for unearned premiums, a person has a covered claim under this chapter if the person is a resident of this state at the time: (1) the policy is issued; or(2) the insurer is determined to be an impaired insurer.(c) A person has a covered claim under this chapter if the person holds a valid assignment of a covered claim for unearned premiums under Subsections (a) and (b).Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1188,Sec. 1, eff. 6/19/2015.Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.