Texas Machinery and Equipment Dealers
The Texas Machinery and Equipment Dealers (TM&E) purchasing group program is open to all machinery and equipment dealers, including farm and industrial machinery, plumbing supplies, industrial engine sales and repair, welding supplies, material handling equipment, packaging and construction machinery, lift truck sales, as well as other dealers in class code 8107.
Members earn a premium discount, and they can adopt a safety plan developed specifically for their industry. TM&E is an open program, which means any agent can place a qualifying client into the group, with the underwriter's approval.
| Year | Dividend |
| 2008 | $45,697 |
| 2009 | $87,803 |
| 2010 | $471,031 |
| Total | $604,531 |
Purchasing groups reach 100 percent of their dividend potential in their third year.
*Past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.
Contact information
For more information about the Texas Machinery and Equipment Dealers purchasing group program, email Chris Roy, or call (972) 423-1010
.
