The cost of homeowners insurance is going up in Texas, as it is across the country. Many factors can affect the cost, including the selected deductible, the quality of the insurance coverage and the value of the home. However, the premium increases that homeowners are experiencing in the last few years go beyond these factors. As it turns out, Texas is a very expensive place to live in insurance terms.
In the past, every time I rented a car for vacation, everything would be going great until the check-out counter or the online screen where it asks if you’d like to purchase the Loss Damage Waiver. (Learn more about the Loss Damage Waiver’s importance here.) The liability coverage was an easy choice. It’s inexpensive – a no brainer. But the Loss Damage Waiver?!
I received a text from one of my customers/friends the other morning. They had a blowout on the way to work after running over a huge pothole on the highway. Just the frustration of being late to work was enough, but now the entire morning was taking a detour.