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Serving
Texas Agencies

1998 Premium Rates

Prescribed by the State Board of Insurance

August 1, 1998

Policies Up to And Including

Basic Premium

Policies Up to And Including

Basic Premium

Policies Up to And Including

Basic Premium

$10,000

$270

$40,500

$514

$71,000

$760

10,500

274

41,000

518

71,500

763

11,000

277

41,500

523

72,000

767

11,500

281

42,000

527

72,500

771

12,000

285

42,500

531

73,000

775

12,500

289

43,000

534

73,500

780

13,000

294

43,500

538

74,000

784

13,500

298

44,000

542

74,500

788

14,000

302

44,500

546

75,000

792

14,500

306

45,000

551

75,500

795

15,000

309

45,500

555

76,000

799

15,500

313

46,000

559

76,500

803

16,000

317

46,500

563

77,000

807

16,500

322

47,000

566

77,500

812

17,000

326

47,500

570

78,000

816

17,500

330

48,000

574

78,500

820

18,000

334

48,500

579

79,000

824

18,500

338

49,000

583

79,500

827

19,000

341

49,500

587

80,000

831

19,500

345

50,000

591

80,500

835

20,000

350

50,500

595

81,000

840

20,500

354

51,000

598

81,500

844

21,000

358

51,500

602

82,000

848

21,500

362

52,000

606

82,500

852

22,000

366

52,500

611

83,000

856

22,500

370

53,000

615

83,500

859

23,000

373

53,500

619

84,000

863

23,500

378

54,000

623

84,500

868

24,000

382

54,500

627

85,000

872

24,500

386

55,000

631

85,500

876

25,000

390

55,500

634

86,000

880

25,500

394

56,000

639

86,500

884

26,000

398

56,500

643

87,000

888

26,500

402

57,000

647

87,500

891

27,000

405

57,500

651

88,000

896

27,500

410

58,000

655

88,500

900

28,000

414

58,500

659

89,000

904

28,500

418

59,000

663

89,500

908

29,000

422

59,500

667

90,000

912

29,500

426

60,000

671

90,500

916

30,000

430

60,500

675

91,000

920

30,500

434

61,000

679

91,500

924

31,000

438

61,500

683

92,000

928

31,500

442

62,000

687

92,500

932

32,000

446

62,500

691

93,000

936

32,500

450

63,000

695

93,500

940

33,000

454

63,500

699

94,000

944

33,500

458

64,000

703

94,500

948

34,000

462

64,500

707

95,000

953

34,500

467

65,000

711

95,500

956

35,000

470

65,500

715

96,000

960

35,500

474

66,000

719

96,500

964

36,000

478

66,500

724

97,000

968

36,500

482

67,000

728

97,500

972

37,000

486

67,500

731

98,000

976

37,500

490

68,000

735

98,500

981

38,000

495

68,500

739

99,000

985

38,500

499

69,000

743

99,500

988

39,000

502

69,500

747

100,000

992

39,500

506

70,000

752

40,000

510

70,500

756

Premiums shall be calculated as follows for policies in excess of $100,000

  1. For policies of $100,001 - $1,000,000 Basic Premium
    (1) Subtract $100,000 from policy amount.
    (2) Multiply result in 1. (1) by $.00628 and round to the nearest whole dollar.
    (3) Add $992 to result in 1. (2).
  2. 2. For policies of $1,000,001 - $5,000,000 Basic Premium 

(1) Subtract $1,000,000 from policy amount.
(2) Multiply result in 2. (1) by $.00515 and round to the nearest whole dollar.
(3) Add $6,644 to result in 2. (2).

3. For policies of $5,000,001 - $15,000,000 Basic Premium 

(1) Subtract $5,000,000 from policy amount.
(2) Multiply result in 3. (1) by $.00425 and round to the nearest whole dollar.
(3) Add $27,244 to result in 3. (2).

4. 4. For policies of $15,000,001 - $25,000,000 Basic Premium 

(1) Subtract $15,000,000 from policy amount.
(2) Multiply result in 4. (1) by $.00303 and round to the nearest whole dollar.
(3) Add $69,744 to result in 4. (2).

5. For policies in excess of $25,000,000 Basic Premium 

(1) Subtract $25,000,000 from policy amount.
(2) Multiply result in 5. (1) by $.00181 and round to the nearest whole dollar.
(3) Add $100,044 to result in 5. (2).