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Serving
Texas Agencies

2002 Premium Rates

Prescribed by the State Board of Insurance

November 1, 2002

Policies Up to And Including

Basic Premium

Policies Up to And Including

Basic Premium

Policies Up to And Including

Basic Premium

$10,000

$254

$40,500

$483

$71,000

$714

10,500

258

41,000

487

71,500

717

11,000

260

41,500

492

72,000

721

11,500

264

42,000

495

72,500

725

12,000

268

42,500

499

73,000

729

12,500

272

43,000

502

>73,500

733

13,000

276

43,500

506

74,000

737

13,500

280

44,000

509

74,500

741

14,000

284

44,500

513

75,000

744

14,500

288

45,000

518

75,500

747

15,000

290

45,500

522

76,000

751

15,500

294

46,000

525

76,500

755

16,000

298

46,500

529

77,000

759

16,500

303

47,000

532

77,500

763

17,000

306

47,500

536

78,000

767

17,500

310

48,000

540

78,500

771

18,000

314

48,500

544

79,000

775

18,500

318

49,000

548

79,500

777

19,000

321

49,500

552

80,000

781

19,500

324

50,000

556

80,500

785

20,000

329

50,500

559

81,000

790

20,500

333

51,000

562

81,500

793

21,000

337

51,500

566

82,000

797

21,500

340

52,000

570

82,500

801

22,000

344

52,500

574

83,000

805

22,500

348

53,000

578

83,500

807

23,000

351

53,500

582

84,000

811

23,500

355

54,000

586

84,500

816

24,000

359

54,500

589

85,000

820

24,500

363

55,000

593

85,500

823

25,000

367

55,500

596

86,000

827

25,500

370

56,000

601

86,500

831

26,000

374

56,500

604

87,000

835

26,500

378

57,000

608

87,500

838

27,000

381

57,500

612

88,000

842

27,500

385

58,000

616

88,500

846

28,000

389

58,500

619

89,000

850

28,500

393

59,000

623

89,500

854

29,000

397

59,500

627

90,000

857

29,500

400

60,000

631

90,500

861

30,000

404

60,500

635

91,000

865

30,500

408

61,000

638

91,500

869

31,000

412

61,500

642

92,000

872

31,500

415

62,000

646

92,500

876

32,000

419

62,500

650

93,000

880

32,500

423

63,000

653

93,500

884

33,000

427

63,500

657

94,000

887

33,500

431

64,000

661

94,500

891

34,000

434

64,500

665

95,000

896

34,500

439

65,000

668

95,500

899

35,000

442

65,500

672

96,000

902

35,500

446

66,000

676

96,500

906

36,000

449

66,500

681

97,000

910

36,500

453

67,000

684

97,500

914

37,000

457

67,500

687

98,000

917

37,500

461

68,000

691

98,500

922

38,000

465

68,500

695

99,000

926

38,500

469

69,000

698

99,500

929

39,000

472

69,500

702

100,000

932

39,500

476

70,000

707

40,000

479

70,500

711

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 $.00590 and round to the nearest whole dollar.
    (3) Add $932 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 $.00484 and round to the nearest whole dollar.
(3) Add $6,242 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 $.00400 and round to the nearest whole dollar.
(3) Add $25,602 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 $.00285 and round to the nearest whole dollar.
(3) Add $65,602 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 $.00170 and round to the nearest whole dollar.
(3) Add $94,102 to result in 5. (2).