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There are so many alternatives in insurance protection today. How do you make sense of it all? We’ve gathered the most current, clear and concise information out there to make your insurance-buying decisions easier. If you can’t find it here, send us an e-mail and we’ll get the answers to your most pressing questions.
Texas Premium Ranking
Source - Insurance Information Institute
The state of Texas ranks #1 in the nation in average premium for homeowner insurance at an annual cost of $1,362 . The average expenditure for homeowners insurance was $729 in 2004, according to a February 2007 report by the National Association of Insurance Commissioners. Factors that have led to increases in homeowners premiums in the past few years include rising home values, higher repair and rebuilding costs, and larger than average catastrophe losses in hurricane-prone areas.  More
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Flood Insurance
Source - Insurance Information Institute
In 1968 Congress created the National Flood Insurance Program (NFIP) in response to the rising cost of taxpayer-funded disaster relief for flood victims and the increasing amount of damage caused by floods. The NFIP makes federally backed flood insurance available in communities that agree to adopt and enforce floodplain management ordinances to reduce future flood damage. The NFIP is self-supporting for the average historical loss year. This means that unless there is a widespread disaster, operating expenses and flood insurance claims are financed through premiums collected. More
Auto Insurance
Source - Insurance Information Institute
The average cost of automobile insurance declined by 1.3 percent in 2005, according to a September 2007 report from the National Association of Insurance Commissioners (NAIC). New Jersey had the highest average expenditure ($1,184), followed by the District of Columbia ($1,182), New York ($1,122), Massachusetts ($1,113) and Louisiana ($1,076). More
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