Guaranty Assessment Recoupment Charge

On Nov. 30, 2017, the TDI Commissioner issued an order setting a GARC fee of $4.50 to be collected on each owner and loan policy beginning Jan. 1, 2018.

In early 2013, the Texas Title Insurance Guaranty Association (TTIGA) assessed Texas underwriters an amount based on estimates of the total claims liability of Southern Title, a regional underwriter that was licensed to do business for several years in Texas and later declared bankruptcy. This assessment is essentially a loan from the underwriters to TTIGA to provide funds to pay the claims of the failed underwriter. There is a mechanism in place, both in statute (Sec. 2602.210) and in regulation in P-30, for the underwriters to recoup these funds that have been assessed. .


TLTA coverage and more information about this issue.

Dateline Austin


Additional information and resources about this issue, including rules, forms, websites or other documents.

Texas Title Insurance Guaranty Association


Orders & Notices

Rules & Statutes

Statute for funds recoupment
Regulation for funds recoupment

TTIGA Memo to Agents


GARC Remittance Form - Fillable pdf

Remittance Form