LNG Form 2997B Statement in Lieu of Motor Vehicle Bodily Injury and Property Damage Liability Insurance - Texas

What Is LNG Form 2997B?

This is a legal form that was released by the Railroad Commission of Texas - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 2997B?
A: Form 2997B is a statement used in Texas in lieu of Motor Vehicle Bodily Injury and Property Damage Liability Insurance.

Q: Why would someone use Form 2997B?
A: Form 2997B may be used by individuals or companies who are self-insured for motor vehicle liability and property damage in Texas.

Q: What does the form indicate?
A: The form indicates that the self-insured party has sufficient financial resources to cover liability for bodily injury or property damage.

Q: Is Form 2997B specific to Texas?
A: Yes, Form 2997B is specific to Texas and is not used in other states.

Q: How does Form 2997B affect an individual or company's responsibility?
A: By filing Form 2997B, the individual or company accepts financial responsibility for any bodily injury or property damage that may occur due to the operation of their motor vehicles in Texas.