(a) If a retail seller obtains insurance for which a charge is included in a motor vehicle retail installment sales contract under Texas Finance Code, Chapter 348, the retail seller must send or cause to be sent to the retail buyer, within 30 days of the date of the contract, a properly executed policy or certificate of insurance. The policy or certificate of insurance must clearly set forth:(1) the amount of the premium;(2) the kind of insurance provided;(3) the coverage of the insurance; and(4) all terms, including options, limitations, restrictions and conditions of the insurance that has been purchased.(b) This section does not apply to a holder who purchases dual-interest insurance on a motor vehicle retail installment sales contract involving a commercial vehicle.