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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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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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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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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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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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