Rate increases Archives - Wise Insurance Group

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.

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.

What’s happening to Texas home insurance rates?

?On July 28th The Dallas Morning News reported Farmers Insurance was seeking to raise home insurance rates an average of 15% statewide. This was Farmers second increase for 2012. The first homeowners increase was announced on March 16 and was an average of 10%. If the Texas Department of Insurance accepts the second increase, the combined average increase will be 25%.

Tag: Rate increases

4 Suggestions for Texas’ new Insurance Commissioner

A Speeding Ticket’s Impact on Car Insurance

What’s happening to Texas home insurance rates?

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