More About TADSIG - Frequently Asked Questions

What is a self-insurance group?

How is a self- insurance group different from a traditional insurance company?

Am I paying for the losses of other employers?

Is the trust assessable?

Is it safer to stay with my insurance company?

How can I join?

Will my dealership still receive an experience modification rating based solely upon our individual performance or will some type of "group rating" be calculated?

Will all members of the Texas Automobile Dealers Association be allowed to participate in TADSIG?

Are Self-Insurance Groups a new concept?

Who will perform the day-to-day duties such as underwriting, policy management, premium collection, claims administration, loss control, and marketing?

What specific advantages does a dealer gain by participating in a self-insurance group

What if my current insurance carrier or agent implies that premiums on my other coverages will rise or be cancelled if I join the Texas Automobile Dealers Self Insurers Group?

Why haven't standard insurance carriers offered this type of program to employers?

How can a dealer that is interested in participating in TADSIG be certain that all available safeguards have been put into place.

I have heard that members of a self-insurance group will lose their current experience modifier (mod) and have to start over with a 1.0 mod if they chose to leave the program?

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