I’ve had a couple of interesting discussions with clients about their car insurance renewals. In both cases, their car insurance rate increased and both wanted to know why. Most of the carriers systems don’t give me a clear reason, so I called each company and we reviewed each client’s policy together. Most of the factors that led to rate increases were understandable and one was a surprise.
There have been a number of DUI related items in the news over the last 8 months. Most of the news items have come from the National Transportation Safety Board (NTSB) with its recommendations and its Reaching Zero program.
On a cloudy day in March, I went by the post office to drop off some items and pick up my mail. There was the normal mail, a bill or two, a movie and a large envelope from D Magazine. I almost threw the D Magazine envelope away thinking it was a solicitation for a new subscription but didn’t. I was pretty amazed to learn I’d been selected as one of the Best Home and Auto Insurance Agents in Dallas 2013.
Identity theft, and the fraud associated with it, is a growing problem in the US and across the globe. Out of 2.06 million complaints reported to the Federal Trade Commission, 370,800 were identity theft related. In Texas, the rate of identity theft complaints rose 17% from 2011 to 2012, or 28, 299 up from 24,162.
Last week I posted 6 Non-Driving Factors That Impact Your Car Insurance Rate, http://50.87.248.161/~wiseinsu/6-non-driving-factors-that-impact-your-car-insurance-rate/, and thought I’d follow up with the 3 driving related factors that impact your car insurance rate. These are …
Today, my wife, Sheri, and I are driving from Dallas to Tuscaloosa, Alabama to celebrate and support my niece as she marries one very lucky guy! It will be a great time celebrating their love and cheering them on, not to mention the family entertainment that usually accompanies a gathering like this.
I ended the day on Tuesday talking with a woman in Houston about car insurance for her and her adult daughter that lives at home. Our discussion covered the typical points I need in order to provide her with a quote; names, dates of birth, year, make and model of the cars, who is she insured with now, when does her policy renew, etc. What was interesting was, she asked me why I asked my last two questions which were…
I’m asked this question on a regular basis. It usually comes up when someone’s paid off a car, their insurance is renewing and they’d like to lower their premium, they’re buying a cash car or they just have an older car. It’s an excellent question and the answer depends on two factors. Once those two factors are addressed, then it’s truly up to the client to determine what’s best for them and their financial situation, as well as what their risk they’re willing to tolerate.
Car thieves don’t always steal the whole car, sometimes it’s only a part. My son drove a Ford Probe when he was attending Lake Highlands High School. One night, the car was parked on the street in front of our house and it was broken into. I did not discover it until the next morning when I saw wires poking out from the dash where the stereo had been. It was a cheap stereo to begin with but I was angry someone had taken it and had to confront feeling violated.
Outgoing Texas Insurance Commissioner, Eleanor Kitzman, vacated her office on Monday, May 27th when Texas State Senators blocked her from another two year term. Governor Rick Perry quickly appointed Kitzman’s replacement, Julia Rathgeber who until May 27th had been Lt. Governor David Dewhurst deputy chief of staff. Prior to serving as Dewhurst’s deputy chief of staff, Rathgeber served as a Director of Research for the Texas General Land Office and also as former division head for the Texas Natural Resource Conservation Commission.
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