Posted by John Coyle on Mon, Jul 26, 2010
RE: Dallas Morning News July 2010
State Farm is raising auto insurance rates an average 2 percent next month (Aug 2010) for nearly 3 million drivers it insures in Texas, citing raising medical costs as the primary factor.
State Farm County Mutual, another subsidiary that primarily insures higher-risk drivers, will increase rates an average 6.8 percent in August (2010).
Kevin Davis, a spokesman for State Farm, said the increase was filed "primarily to address rising cost associated with bodily injury liability claims, such as medical cost."
Deeia Beck, whose office represents Texas Insurance Consumers, filed objectionsto the rate hike. Beck, in her letter of objections, noted that "this is the company's third rate increase in a two-year period of stable or declining auto insurance loss costs." "The filing would, if implemented, produce rates that are excessive, unreasonable and unfairly discriminatory."
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John Coyle of Tri-Star Insurance Professionals of Plano said of the recent Dallas Morning News artical, "With the economy today, it is important for consumers to review thier current policies and seek help from an independent agent who can show them offereings from several insurance companies." Independent agents work for the consumer not the insurance company. If rising insurance rates are affecting your budget, it's a good time to look at alternatives. You'll be surprised at what the independent agencies like Tri-Star Insurance can find for you. Call Tri-Star at 214-387-0600 or go online for quotes www.tristarins.com
Posted by John Coyle on Sun, Apr 20, 2008
If you live in Texas, you are certainly familiar with how much damage a hailstorm can do to your car. It only takes one hail stone to crack a windshield or ding your vehicle...and when it’s Texas hail, that windshield will be shattered and those dings are big ol’ dents! When the hail season hits, you need to be prepared for some damage. Repairing hail damage to your vehicles can be expensive and inconvenient. What’s worse, your auto insurance may not cover the repairs. Tri-Star Insurance provides all types of auto insurance coverage in the Metroplex area, including the comprehensive coverage you need to protect yourself from costly repairs caused by hail damage.
Your vehicle can be damaged from many sources other than a collision. Damages from forces of nature like flood, fire, wind and hail are covered by the addition of comprehensive insurance to your total auto coverage. Comprehensive insurance also protects you form losses due to theft, vandalism, falling glass and glass breakage.
Like your liability and collision coverage, comprehensive auto insurance has a deductible amount that you are responsible for before the insurance company pays out any money. Your deductible also affects the amount of your premium. Generally, the higher your deductible, the lower your premium will be. Your insurance agent can help you determine the most appropriate deductible amount for your situation.
When you carry your comprehensive insurance with an experienced insurance agency, filing a claim for hail damage, or any other damage, is easy. All you need to do is pick up the phone and call your agent. Depending on the amount of damage the vehicle has suffered, your insurance company may need an adjustor to come out and look the car over. It’s always a good idea to take photographs of the damage, just as a precautionary measure. The next step is usually getting an estimate for the cost of the repairs from a qualified body shop. Some insurance companies have a list of preferred shops that they like you to use, but you can generally choose the shop yourself and you can also choose not to have your vehicle repaired at all. Either way, you need an estimate from a legitimate repair shop on their company letterhead or invoice form.
- How Important is it to Have Comprehensive Insurance?
If you live in Texas, it’s a simple fact that you are going to have to deal with hailstorms – and probably more than one in a lifetime. Even if you keep all of your vehicles garaged at home and at work, you are still exposed to the weather nearly any other time, and certainly while you are driving. It is not just a good idea to have comprehensive auto insurance in Texas; it just might be the most cost-effective decision about car insurance you will ever make.
The friendly, professional agents at Tri-Star Insurance are happy to help you with your comprehensive auto insurance needs today. Call today at 214-387-0600.
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