Texas Insurance Premium Rates
Rates Effective September 1, 2019
Policies 
Basic 
Policies 
Basic 
Policies 
Basic 
Policies 
Basic 
$25,000 
$328 
$44,000 
$456 
$63,000 
$583 
$82,000 
$711 
$25,500 
$331 
$44,500 
$459 
$63,500 
$587 
$82,500 
$716 
$26,000 
$335 
$45,000 
$463 
$64,000 
$591 
$83,000 
$720 
$26,500 
$338 
$45,500 
$466 
$64,500 
$594 
$83,500 
$722 
$27,000 
$340 
$46,000 
$469 
$65,000 
$597 
$84,000 
$725 
$27,500 
$343 
$46,500 
$473 
$65,500 
$600 
$84,500 
$729 
$28,000 
$347 
$47,000 
$475 
$66,000 
$604 
$85,000 
$732 
$28,500 
$350 
$47,500 
$478 
$66,500 
$609 
$85,500 
$735 
$29,000 
$355 
$48,000 
$483 
$67,000 
$612 
$86,000 
$738 
$29,500 
$358 
$48,500 
$487 
$67,500 
$613 
$86,500 
$743 
$30,000 
$361 
$49,000 
$490 
$68,000 
$617 
$87,000 
$747 
$30,500 
$364 
$49,500 
$493 
$68,500 
$621 
$87,500 
$749 
$31,000 
$368 
$50,000 
$496 
$69,000 
$624 
$88,000 
$752 
$31,500 
$371 
$50,500 
$499 
$69,500 
$627 
$88,500 
$756 
$32,000 
$374 
$51,000 
$501 
$70,000 
$631 
$89,000 
$760 
$32,500 
$378 
$51,500 
$505 
$70,500 
$635 
$89,500 
$762 
$33,000 
$381 
$52,000 
$510 
$71,000 
$639 
$90,000 
$765 
$33,500 
$385 
$52,500 
$514 
$71,500 
$641 
$90,500 
$769 
$34,000 
$388 
$53,000 
$516 
$72,000 
$644 
$91,000 
$773 
$34,500 
$392 
$53,500 
$520 
$72,500 
$648 
$91,500 
$777 
$35,000 
$395 
$54,000 
$523 
$73,000 
$651 
$92,000 
$779 
$35,500 
$398 
$54,500 
$526 
$73,500 
$654 
$92,500 
$783 
$36,000 
$401 
$55,000 
$529 
$74,000 
$658 
$93,000 
$786 
$36,500 
$405 
$55,500 
$532 
$74,500 
$662 
$93,500 
$790 
$37,000 
$408 
$56,000 
$537 
$75,000 
$666 
$94,000 
$791 
$37,500 
$412 
$56,500 
$540 
$75,500 
$668 
$94,500 
$796 
$38,000 
$416 
$57,000 
$543 
$76,000 
$671 
$95,000 
$801 
$38,500 
$419 
$57,500 
$547 
$76,500 
$674 
$95,500 
$804 
$39,000 
$421 
$58,000 
$551 
$77,000 
$678 
$96,000 
$805 
$39,500 
$425 
$58,500 
$553 
$77,500 
$681 
$96,500 
$809 
$40,000 
$428 
$59,000 
$556 
$78,000 
$685 
$97,000 
$813 
$40,500 
$433 
$59,500 
$560 
$78,500 
$689 
$97,500 
$817 
$41,000 
$435 
$60,000 
$564 
$79,000 
$693 
$98,000 
$820 
$41,500 
$439 
$60,500 
$568 
$79,500 
$694 
$98,500 
$824 
$42,000 
$442 
$61,000 
$571 
$80,000 
$698 
$99,000 
$827 
$42,500 
$446 
$61,500 
$573 
$80,500 
$702 
$99,500 
$830 
$43,000 
$448 
$62,000 
$577 
$81,000 
$706 
$100,000 
$832 
$43,500 
$452 
$62,500 
$581 
$81,500 
$708 


Basic premium for policies in excess of $100,000 shall be calculated according to the steps below:

Step 1 In column (1), find the range including the policy’s face value.

Step 2 Subtract the value in column (2) from the policy’s face value.

Step 3 Multiply the result in Step 2 by the value in column (3), and round to the nearest dollar.

Step 4 Add the value in column (4) to the result of the value from Step 3.
(See calculation examples following the table below)
Title Basic Premium Calculation for Policies in Excess of $100,000
(1) Policy Range 
(2) Subtract 
(3) Multiply by 
(4) Add 
[$100,001 – $1,000,000] 
100,000 
0.00527 
$832 
[$1,000,001 – $5,000,000] 
1,000,000 
0.00433 
$5,575 
[$5,000,001 – $15,000,000] 
5,000,000 
0.00357 
$22,895 
[$15,000,001 – $25,000,000] 
15,000,000 
0.00254 
$58,595 
[$25,000,001 – $50,000,000] 
25,000,000 
0.00152 
$83,995 
[$50,000,001 – $100,000,000] 
50,000,000 
0.00138 
$121,995 
[Greater than $100,000,000] 
100,000,000 
0.00124 
$190,995 
Examples
Policy Value 
Basic Premium 
$268,500 
$1,720 
$4,826,600 
$22,144 
$10,902,800 
$43,968 
$17,295,100 
$64,425 
$39,351,800 
$105,810 
$75,300,200 
$156,909 
$151,250,300 
$254,545 
Examples for Policies in Excess of $100,000
Example 1:
(1) Policy is $268,500
(2) Subtract $100,000 ==> $268,500 – $100,000 ==> Result = $168,500
(3) Multiply by 0.00527 ==> $168,500 x 0.00527 ==> $888.00 ==> Result = $888
(4) Add $832 ==> $888 + $832 ==> Final Result = $1,720
Example 2:
(1) Policy is $4,826,600
(2) Subtract $1,000,000 ==> $4,826,600 – $1,000,000 ==> Result = $3,826,600
(3) Multiply by 0.00433 ==> $3,826,600 x 0.00433 ==> $16,569.18 ==> Result = $16,569
(4) Add $5,575 ==> $16,569 + $5,575 ==> Final Result = $22,144
Example 3:
(1) Policy is $10,902,800
(2) Subtract $5,000,000 ==> $10,902,800 – $5,000,000 ==> Result = $5,902,800
(3) Multiply by 0.00357 ==> $5,902,800 x 0.00357 ==> $21,073.00 ==> Result = $21,073
(4) Add $22,895 ==> $21,073 + $22,895 ==> Final Result = $43,968
Example 4:
(1) Policy is $17,295,100
(2) Subtract $15,000,000 ==> $17,295,100 – $15,000,000 ==> Result = $2,295,100
(3) Multiply by 0.00254 ==> $2,295,100 x 0.00254 ==> $5,829.55 ==> Result = $5,830
(4) Add $58,595 ==> $5,830 + $58,595 ==> Final Result = $64,425
Example 5:
(1) Policy is $39,351,800
(2) Subtract $25,000,000 ==> $39,351,800 – $25,000,000 ==> Result = $14,351,800
(3) Multiply by 0.00152 ==> $14,351,800 x 0.00152 ==> $21,814.74 ==> Result = $21,815
(4) Add $83,995 ==> $21,815 + $83,995 ==> Final Result = $105,810
Example 6:
(1) Policy is $75,300,200
(2) Subtract $50,000,000 ==> $75,300,200 – $50,000,000 ==> Result = $25,300,200
(3)
Multiply by 0.00138 ==> $25,300,200 x 0.00138 ==> $34,914.28 ==> Result = $34,914
(4) Add $121,995 ==> $34,914 + $121,995 ==> Final Result = $156,909
Example 7:
(1) Policy is $151,250,300
(2) Subtract $100,000,000 ==> $151,250,300 – $100,000,000 ==> Result = $51,250,300
(3) Multiply by 0.00124 ==> $51,250,300 x 0.00124 ==> $63,550.37 ==> Result = $63,550
(4) Add $190,995 ==> $63,550 + $190,995 ==> Final Result = $254,545
Last updated: 2/26/2020