I live in Keller, Tx and own an M1009, M1028A2, an MKT75A and an MEP003 on a M114 trailer and insure of them them through Gulfway, all for about $450 a year (insured value of the four vehicles is $15k). After three vehicles, they start giving ME a discount on all the insured vehicles.
All vehicles are registered FMV. And if you get someone in your DMV office that says either "you can't register a MV that way' OR tells you 'that you MUST use the last six digits of the serial number', thank them for their time and find ANOTHER DMV to register it at. The first two DMV's I went to told me that. The THIRD ONE let me register with the bumper numbers that I wanted.
You need to figure out what SIX DIGITS (alpha/numeric)you want to use , PAINT THEM ON your truck front and rear and take pictures of them to take WITH YOU with the FMV form filled out when you go to the DMV office.
There are a LOT of people that work for the DMV (even IN AUSTIN) that do NOT have a clue about this type of registration so a little patience and knowing that YOU CAN DO THIS and being polite but firm and you will walk away for $10 a year ($50 starting this year for five years) and you don't have to have it inspected.
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read USAFSS-COLDWARRIOR's thread. It will give you insight.
AND CONGRATS ON THE TRUCK! Welcome to the green iron disease.