How AI Is Changing Home & Auto Insurance—and What It Means for You
Artificial intelligence is changing almost every industry, and insurance is no exception. While most consumers think of AI as tools like ChatGPT, insurance companies have been using increasingly sophisticated technology behind the scenes for years. Today, AI is accelerating that transformation—affecting everything from how your home is evaluated and your auto rate is calculated […]
What Is a Wind & Hail Deductible Buy-Down Policy in Texas?
What Is a Wind & Hail Deductible Buy-Down Policy in Texas? Wind and hail deductibles have increased significantly on many Texas homeowners insurance policies. A 2% or 3% deductible can leave a homeowner responsible for thousands—or even tens of thousands—of dollars after a covered hail or windstorm. A wind and hail deductible buy-down policy […]
Replacement vs. Actual Cash Value on your Roof. This could be very eye opening!
Half of consumers purchasing home insurance don’t dig very deeply into the fine print of their policy. Granted, they place confidence in their agent or company to tell them if they need to know something important about the policy that doesn’t stand out with BIG BOLD letters. However, many times insurance companies or agents representing […]
How Profitable was your Insurance Company in 2019?
As a consumer, nobody likes a rate increase on their insurance especially if you haven’t filed a claim in the past couple of years. What we all too often forget is that insurance is a group risk made up of hundreds of thousands of people just like yourself. And, since insurance companies are certainly in […]