What does a business owner do when having trouble finding commercial insurance coverage?
Smart ones seek help from a Texas commercial insurance broker for Texas High Risk Commercial Insurance (855) 235-2321 or (979) 431-5148.
From truck insurance to one person landscaper, we have the ability to shop the markets for you to find a company to offer you a policy. We will take care of any DOT/ICC filings that you may need if your business takes you into other states. Our principal agent has over 30 years experience with your situation and will be glad to assist you with your insurance needs. Thanks for visiting our site and we look forward to hearing from you and helping you when you need us.
Texas Commercial Insurance Rate Quotes and Help for Business Owners (979)431-5148.
Texas Auto Insurance Law
Texas law requires proof of financial responsibility for anyone who drives a car in the state. Most Texans choose to purchase liability insurance to meet this requirement. Liability insurance pays for bodily injury, property damage, and some additional expenses of other drivers, their passengers, and your passengers when you or a driver covered by your policy causes an accident. The minimum liability insurance required by law is $20,000 per injured person, $40,000 for everyone injured in an accident, and $15,000 for property damage per accident. This is commonly called “20/40/15” coverage. Liability insurance does not pay for damage to your own vehicle.
In the worst case scenario you may need to seek coverage through the TAIPA.
How the TAIPA Application Process Works
This may not qualify you for commercial contracts and plan certificates are sometimes days in the making.
Only minimum limits are available through TAIPA, which are currently 30/60/25 ($30,000 for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident). Physical damage coverage is not available.
Payment Options in the Texas Plan, which we will do everything possible to keep you out of are;
Full Annual Premium – no deposit.
Advance Premium Payment – 25% down payment (subject to $40 minimum per vehicle),
balance is due within 30 days of the date of the billing notice from the
Certified agents (producers) submit Private Passenger or Commercial/Public applications for their applicants using the EASi website. The producer then mails the completed, signed application to TAIPA within one business day, along with the down payment. TAIPA processes the application, then assigns it to a company. TAIPA mails the application and down payment to the assigned company. The company will handle everything related to the policy from that point, including policy issuance, billing and payments, renewals, commissions, etc.
1120 South Capital of Texas Highway
City View Building 3, Ste. 105
Austin, TX 78746 (866) 321-9154
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