Texas: Usaa

November 8, 2009 - 10:21 am
NEWS FEED: Bay Area Houston

8 years later, insurance reform back on the table.

Hank Gilbert running for Texas Governor has released a plan for insurance reform in Texas. For those who didn't pay attention in 2002, or haven't paid attention to your homeowners rates over the last 8 years, here is what Governor Perry said in 2002 campaign:
"In recent months, there have been troubling trends in the homeowner's insurance market in Texas," said Governor Perry. "In too many cases, homeowner's insurance is getting more expensive, coverage is becoming harder to get, and instead of more companies stepping up to meet the demand, some companies have stopped writing comprehensive policies altogether."
Nothing ever happened except homeowners insurance got more expensive (

August 13, 2009 - 08:33 pm
NEWS FEED: Bay Area Houston

USAA supporting the troops with a hike in premiums

USAA is an exclusive insurance company for members of the military and their families. Rates in the Clear Lake area have skyrocketed, tripling in just a few years. Deductibles have risen almost 10 fold and sewer, water, and foundation damage were removed without reducing premiums. Any USAA member in the area is free to change companies, but if you do, USAA will not renew your policy in the future. Good luck in finding anything better. Although USAA has raked us over the coals over the last few years, no other company can come close to the rates. From the Chronicle:

USAA plans to hike rates for thousands of homeowners in Harris County later this year.