Like Michigan Texas has legislated insurance since 1876, its Department of Texas Insurance covers every form of insurance possible from auto to storm. Most of the citizens of Texas meet that financial responsibility requirement by buying liability automobile insurance.
Texas also provides a very informative and buyer friendly website where you can obtain a close estimate of what you insurance policy can cost. . They have the cost of automobile liability insurance broken down by city and county.
Furthermore they use several templates which depending on your driving record and age can give a good estimate of what insurance will cost you in the state of Texas. Let's say a man over the age of 55, who has no traffic citations, auto accidents or insurance claims, wants to buy insurance in El Paso, Texas. It could cost him anywhere from $127.00 to $618.00 according to his driver template.
Texas has incorporated the use of a credit history as part of its assessment of the risk of a liability claim for the insured driver. Somehow credit has become attached to insurance; maybe it's because Congress decided in 1992 to allow banks, mutual funds, insurance companies to trade commodities and stocks, dabble in insurance and banking.
This is something we stopped doing after it bankrupted the country and the world in 1929. Now why did we start it up after 61 years? Anyway, the state of Texas through the above website gives you the Texas citizen the power to check on the performance of your particular insurance company. The TDI is by no means gentle or subtle about what they think of a particular insurance company.
Furthermore, you can submit a legal complaint through the state against a particular insurance company. This complaint must be adequately resolved in order for the insurance company and the insurance agent to maintain their current rating.
One car firm, the Churchill Insurance Company, offers free car insurance quotes while also airing their dirty laundry. On their initial webpage they have several complaints from current insurance customers while providing links to give you the cost of a new car insurance policy.
Scams are a hard thing to fight, and as long as we know that not all actors on the internet are serious it's useful to have a tool to identify them so that you can stay away from them in the future.
