TCA § 56-49-106 — Exclusion from coverage

Creditor-placed insurance coverage shall not include: Coverage for the cost of repossession; Skip, confiscation and conversion coverage; Coverage for payment of mechanics' or other liens that do not arise from a covered loss occurrence; Coverage that requires a debtor's insurance deductible to be less than two hundred dollars ($200); or Coverage that is broader than the insurance coverages that meets the minimum insurance requirements of the credit agreement. Nothing in this section shall be deemed to prohibit the issuance of a separate policy or endorsement providing the coverages listed in subsection (a). However, no charge shall be passed along to the debtor for the coverages.