January 28, 2013
AgencyThermal Imaging Cameras Help Identify Hazards
A new imaging technology being deployed by Fireman’s Fund Insurance Co. can help reduce the risk of catastrophic damage, injury and loss of life due to fire. It can also spot potential water damage to homes and personal property before it happens. Fireman’s Fund said its Personal Risk Services is deploying advanced thermal imaging technology […]
February 15, 2013
AgencySticker shock on renewal rates
Many people are experiencing sticker shock when they open up their insurance renewals for their home or auto. The last few years have been extremely hard on the insurance industry across the nation as well as right here in Texas. In the last few years alone in Texas we have had: Bastrop fires, Eagle Mountain […]
March 15, 2013
AgencySmart Phone and Auto Insurance
Smart phones could soon be used to help determine what you pay for auto insurance. Below is a copy of an article that recently appeared on carriermanagement.com which details some of the developement in this area. What do you think? Smartphones Could Replace Black Boxes for Auto Rating February 19, 2013 by Susanne Sclafane The […]
April 2, 2013
AgencyInsured’s with AGENTS are happier….
Home Insurance Claimants Who Use Agents Happier Than Those Who Don’t April 1, 2013 At Lone Star Insurance Agency we preach that their really IS a benefit to having a LOCAL agent who you know, like and trust. As much as commercials talk about cutting out the middle man the fact remains…at some point you […]
May 8, 2013
AgencyFertilizer Plant Explosion in West, TX
Last week while watching the news a reporter stated that it was estimated that 53% of those affected by the fertilizer plant explosion didn’t have insurance. The first thing that comes to my mind is how did they even come up with that figure. The next thing that comes to my mind is how many people […]
June 10, 2013
AgencyTaxpayers stiffed for underpriced flood policies
Attached below is an article regarding a recent freeze to rate hikes that were approved last year for the National Flood Insurance Program. The NFIP is where consumers are able to purchase flood policies for their homes or businesses. Flood policies have long been underpriced for the risk they represent. As a result, since the NFIP is a […]
June 24, 2013
AgencyWhat Do ISO Rating Symbols for Auto Insurance Mean?
We often get asked questions about why a particular vehicle cost more to insure than another. Back in the old days we all knew that a “sports car” was more expensive to insure than a typical grocery getter. With the advances in computers and technology over the last 20 years, the insurance industry has been able […]
July 16, 2013
AgencySurvey: 1 in 5 Consumers Buy Less Coverage, Expect Gov’t Aid
I’ve attached an interesting article by Victoria Goff which just appeared in IA Magazine. The article talks about how many people are buying less insurance coverage in hopes that the Federal Government will take care of them. I personally don’t think it’s a good idea to count on someone else to “take care” of you or […]
July 19, 2013
AgencyWonder why your homeowners insurance rates are going up?
Number of Hail Damage Insurance Claims Up 84% Since 2010 Insurance claims resulting from hail storm damage increased 84 percent in 2012 from their 2010 level, according to the National Insurance Crime Bureau. In 2010, there were 467,602 hail damage claims filed. That number increased to 689,267 in 2011 and to 861,597 in 2012—an overall […]
July 26, 2013
AgencyLife Insurance Being DROPPED for Retirees
Listen up peole, don’t be fooled into believing that your “employer’s” benefits are going to protect you and your family. Most importantly here I’m talking about life insurance. So many people we talk to say “my job takes care of that” when we ask about their life insurance. I’m going to offer you several reasons why […]