Insurance News

Texas Homeowners Insurance Costs Rising More Rapidly Than Inflation

December 30, 2021

NORTH TEXAS (CBSDFW.COM/CNN) — Home insurance premiums for the New Year appear to be rising faster than inflation in Texas and across the country. According to the Insurance Information Institute, the average homeowner may see a 4-percent increase on the cost of their homeowner’s policy for 2022. In fact, since 2017, premium rates are up…

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Auto Insurance

Car Insurance Blunders; Reasons They Can Deny Your Car Repair Estimates

November 21, 2021

If you are in a car accident, your insurer is supposed to make sure the car is repaired, assuming you carry collision coverage. The law in most states says you can go to any repair shop you choose. But there is a catch many drivers don’t know about until they find themselves in this situation:…

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texas winter freeze insurance claims

Texas Consumers File More Than 456,000 Claims After Feb 2021 Winter Storm

September 27, 2021

A recently released report from the state’s insurance department shows more claims and higher average claim costs resulting from the severe and prolonged winter storm that enveloped Texas in mid-February than were previously reported. In the report released Sept. 1, the Texas Department of Insurance detailed property/casualty claims data from Winter Storm Uri, which blanketed…

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texas renters insurance

Texas Renters Facing Increasing Costs

September 27, 2021

It’s another sign of the red-hot housing market in North Texas. Renters across our area are reporting major ‘sticker shock’ when it comes to rent increases. In one case, by more than $700. Courtney Humphries must quickly decide where she, her child and her dog will live in the coming months. “I have ten days…

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insurance news texas home auto insurance

Texas Lowers Complaint Processing Times by eighty percent

September 27, 2021

The Texas Department of Insurance eliminated a backlog of consumer complaints and reduced processing times by 80% as part of the agency’s ongoing modernization initiative, the regulatory agency says. “Customer service is a priority, and that hasn’t changed during the pandemic,” TDI Commissioner Cassie Brown said in an announcement. TDI cut the average time to…

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3861 Long Prairie Rd Ste 110
Flower Mound, TX 75028
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