Texas Commercial Auto: Bigger, Better, Broader
Bigger Discounts- Discounts also vary by coverage
Truck program - Up to 35%
Business Auto program - Up to 28%
Tow program - Up to 43%
- Commercial Driver's License (CDL) Discount up to 20%
- Better rates for truck risks with commercial proof of prior insurance
*Unlimited radius option on hotshotters and expediters using pickups with a fifth-wheel hitch.
*Rental Reimbursement with Downtime coverage is now available to a wider variety of truck body types and businesses.
*Full coverage (Physical Damage plus Liability) on garbage and for-hire debris haulers.
*Truck Cargo coverage to risks requiring an unlimited radius, and to Physical Damage-only policies.
*Stand alone Non-Truck -- No Physical Damage coverage needed. Additional body types now qualify.
*Motor Truck Cargo Refrigeration Breakdown Coverage as an endorsement to Truck Cargo.
State Mandated Minimum Limits Change
Minimum limits for Bodily Injury Liability (BI) and Uninsured/Underinsured Motorist (UM/UIM) are now 30/60; minimum limits for Property Damage will remain at 25.
The Texas Department of Insurance (TDI) requires that all policies—both those currently in force and new policies—use these new limits effective Jan. 1, 2011. In the past, limits changes have been incorporated onto existing policies at renewal.