The Company Licensing and Registration Office is responsible for licensing Premium Finance Companies. A person may not negotiate, transact, or engage in the business of premium financing in this state without first obtaining a license.
Pursuant to Texas Insurance Code, Chapter 651, 651.001, an "insurance premium finance company" means:
(A) a person engaged in the business of making loans under this chapter by entering into premium finance agreements with insureds or prospective insureds;
(B) a person engaged in the business of acquiring premium finance agreements from insurance agents or brokers or from other insurance premium finance companies; or
(C) an insurance agent or broker making loans under this chapter who holds premium finance agreements made and delivered by insureds that are payable to the agent or broker or to the agent's or broker's order.
The requirements of the law and certain exemptions are found in the Texas Insurance Code, Chapter 651-Financing of Insurance Premiums.
The sections of the Texas Administrative Code (TAC) outlining the administration and enforcement of the statute are available for viewing and printing at Texas Administrative Code, 28 TAC §§ Chapter 25. Although we make every attempt to ensure the currency of the code references on this page, they should be used only as guides. The TAC is subject to change at need, and the TIC changes a few months after a legislative session.
- Application for an Initial Premium Finance License
- Application for Renewal, or Non-Renewal of Premium Finance License
- Application for a Premium Finance License by a Bank or Savings and Loan Association
- Additional Location
- Relocation
- Name Change
- Ownership Change
- Disclosure Form
- Annual Operations Report
Application for an initial PF license
- TDI Form FIN160, PF1 - Application for an Insurance Premium Finance Company License, with filing fee
- TDI Form FIN164, PF2 - List of Principals - Premium Finance Applicant
- TDI Form FIN165, PF3 - Questionnaire - Premium Finance Applicant
- TDI Form FIN166, PF4 - Biographical Affidavit - Premium Finance Applicant
- TDI Form FIN167, PF5 - List of Other States of Licensure - Premium Finance Applicant
Application for renewal, or non-renewal of PF license
- TDI Form FIN163, PF1C - Premium Finance Renewal Application, with filing fee
- TDI Form FIN164, PF2 - List of Principals - Premium Finance Applicant , submit if the PF company has had any officer/director changes during the preceding year
- TDI Form FIN166, PF4 - Biographical Affidavit - Premium Finance Applicant, submit if the PF company has had any officer/director changes during the preceding year
Application for a PF License by a Bank or Savings and Loan Association
- TDI Form FIN162, PF1B - Application for a Premium Finance License by a Bank or Savings and Loan Association, with filing fee
- TDI Form FIN168, PF6 - Appointment of Statutory Agent and Consent to Service - Premium Finance Applicant
Additional Location
- TDI Form FIN170, PF Schedule A - Additional Location, with filing fee
- TDI Form FIN161, PF1A - Supplemental Application - Premium Finance
- TDI Form FIN164, PF2 - List of Principals - Premium Finance Applicant, if there have been any changes since the last filing
- TDI Form FIN165, PF3 - Questionnaire - Premium Finance Applicant
- TDI Form FIN166, PF4 - Biographical Affidavit - Premium Finance Applicant, if there have been any changes since the last filing
-
TDI Form FIN168, PF6 - Appointment of Statutory Agent and Consent to Service - Premium Finance Applicant. Appoints the commissioner of insurance as the legal agent for service of process.
Relocation
- TDI Form FIN171, PF Schedule B - Relocation
-
TDI Form FIN161, PF1A - Supplemental Application - Premium Finance
Name Change
- TDI Form FIN172, PF Schedule C - Name Change
- TDI Form FIN161, PF1A - Supplemental Application - Premium Finance
- TDI Form FIN164, PF2 - List of Principals - Premium Finance Applicant, if there have been any changes since the last filing
- TDI Form FIN166, PF4 - Biographical Affidavit - Premium Finance Applicant, if there have been any changes since the last filing
-
TDI Form FIN168, PF6 - Appointment of Statutory Agent and Consent to Service - Premium Finance Applicant. Appoints the commissioner of insurance as the legal agent for service of process.
Ownership Change
- TDI Form FIN173, PF Schedule D - Change of Ownership
- TDI Form FIN161, PF1A - Supplemental Application - Premium Finance
- TDI Form FIN164, PF2 - List of Principals - Premium Finance Applicant, if there have been any changes since the last filing
- TDI Form FIN165, PF3 - Questionnaire - Premium Finance Applicant
- TDI Form FIN166, PF4 - Biographical Affidavit - Premium Finance Applicant, if there have been any changes since the last filing
- TDI Form FIN167, PF5 - List of Other States of Licensure - Premium Finance Applicant
-
TDI Form FIN168, PF6 - Appointment of Statutory Agent and Consent to Service - Premium Finance Applicant. Appoints the commissioner of insurance as the legal agent for service of process.
Annual Operations Report
The Annual Operations Report (AOR) Forms are due April 1st.
- TDI Form FIN139, Annual Operations Report
Disclosure Form
TDI Form FIN169, PF7 - Premium Finance Comparison Disclosure Form. This form to be downloaded by PF companies and provided to customers with every transaction.
Additional Information
A weekly updated list of premium finance companies (including branch locations) may be downloaded. This is a small zip file. Instructions: Click on the "Plus" Sign next to "Regulated Companies", then Select "Premium Finance Companies" and Download List.
Submit Forms
Email:
or
Mail:
333 Guadalupe Street
Austin, TX 78701
For more information regarding Premium Finance Licensing contact (512) 676-6375 or email CompanyLicense@tdi.texas.gov.