What must be shown in the documentary evidence of insurance coverage submitted to the department?

Study for the Texas DPS PSB Qualified Manager Exam. Practice with flashcards and multiple choice questions. Each question includes hints and explanations. Prepare for your exam confidently!

The correct answer focuses on the requirement to demonstrate compliance with the financial responsibility laws, specifically the statutory minimum coverage limits for occurrences. In the context of the Texas DPS Private Security Bureau regulations, documenting insurance coverage is crucial for ensuring that security agencies can cover liabilities that may arise during their operations.

Showing the statutory minimum coverage limits in the documentation confirms that the business is financially capable of handling claims resulting from injuries, damages, or other liabilities. A demonstration of sufficient coverage not only aligns with state regulations but also protects the agency, its employees, and the public.

While understanding previous claims, the history of the insurer, and the specifics of insured activities certainly provide additional context regarding an agency's reliability and preparedness, they do not directly fulfill the legal requirement centered on the minimum insurance coverage details mandated by the Texas law. Thus, focusing on the coverage limits is essential for proper compliance and is the key aspect required in the documentation submitted to the department.

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