March 29, 2012
AgencyInsurance Myth #1
Home and auto insurers bombard us with slick ads telling us that we’re in good hands and that they’ll be there for us in our time of need – just like a good neighbor. When we are forced to buy insurance to drive legally on the road or to own a home, we think that […]
April 16, 2012
AgencyDistracted Driving
New Analytic Methods Provide Statistical Insight Into Distracted Driving Apr 12, 2012 — Distracted driving has grabbed headlines recently as a consensus emerges around the risk posed by drivers using cell phones. A presentation at the Casualty Actuarial Society’s Ratemaking and Product Management Seminar held last month showed how …click here the rest of the […]
May 11, 2012
AgencyDisciplinary actions harder to find thanks to TDI…
Shame on the Texas Department of Insurance. According to the Fort Worth Star Telegram TDI has made recent changes to the publishing of disciplinary actions against insurance agents and/or companies. In our opinion TDI should be trying to help protect insureds from the actions of those willing to break the law. Instead it looks like TDI […]
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 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 […]
October 13, 2013
AgencyInsuring Collectibles
Are your collectibles properly insured? Special collections need special protection. There are many limitations that exist when insuring collectibles with a standard homeowners insurance policy. For all the time, money, and energy you have invested into your collection, it’s important to protect it with coverage that has been designed specifically for collectors. Below are a […]