Tag: insurance rates

4 Suggestions for Texas’ new Insurance Commissioner

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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A Speeding Ticket’s Impact on Car Insurance

I’ve worked with several people over the past few days quoting their car insurance. Ultimately we’re hoping to provide equal or better coverage for them for less money than they’re currently paying. I’ve been able to save several of them anywhere from $100 to $1,000 a year. There were two we couldn’t help. For them, it would have cost them more to have me write their car insurance than to stay with their current insurance company. I told them to stay with their current insurance company. The reason was ticket activity.

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8 Steps to a better credit score!

Hopefully after last week’s blog you went online and ordered your credit report through www.annualcreditreport.com. Did you also go to www.myfico.com and order your credit score based on the FICO model? If you’re FICO score is below 650, you’re paying more for personal insurance than someone who with a higher score. How much more? According to an article in the Dallas Morning News on April 1, people with low credit scores are paying as much as 42% more for their home insurance and 15% to 46% more for their car insurance.

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