The Future of Auto Insurance in Texas is Here
If you have ever heard a rumor that auto insurance companies make sound judgments because of personal interaction with their customers, it is a vicious lie. The truth turns out to be stranger than fiction. In reality, the major auto insurance outfits are now highly automated, utilize major digital profiling databases and processing to underwrite and determine their rates, keep secretive databases in which they store personal customer data, and employ black box algorithms to pay less on claims than they should.
Do you believe that trained appraisers, community-based agents, and highly experienced claims adjusters are making the decisions that affect auto insurance claims and policies in Texas anymore? Their influence has declined dramatically and does so more every day. Truthfully, if some federal agency or Texas state oversight committee does not do something to stop this process, we could soon see a state where sinister machines gather data, analyze it, and calculate the complicated data points in order to reduce human interaction on important rating, underwriting, and claims payment to next to nothing. The future of Texas auto insurance is here, and if someone does not do something about the runaway insurance companies soon, it will not be pretty.
How Are the Auto Insurance Companies Using Your Personal Data?
Auto insurance companies have already begun figuring out how to use your personal consumption information in order to determine more accurately your level of risk. It may sound crazy, but the amount of television you watch, the types of magazines you peruse, and the things that you buy online could all soon determine if an auto insurance policy is made available to you and what premium amount you will have to pay in order to obtain such coverage.
Insurance companies are busy working on compiling even your posts on Facebook, Twitter, and various other less popular social networking sites into a social network score. This is not a joke; this network score will affect both your coverage options and your premium costs. Literally not staying on top of Facebook’s constantly evolving privacy settings could soon translate to paying more for auto insurance and receiving less coverage. It has even been suggested that you check in on Foursquare any time you go to workout at the gym so that the evil genius auto insurance companies witness that you are being healthy in some of your behaviors.
Be Careful What Questions You Ask Your Auto Insurance Company
All of this is bad and scary enough, but there is more you have to be wary of when you deal with a big brother auto insurance company anymore. Policy holders should be extra careful about posing basic questions regarding their coverage to their company’s customer service agents. They may react unpredictably and put the causal inquiry down in the system as an insurance claim! These databases of claims are so comprehensive it is scary. The records contained within them go back a full seven years. So if you decided to contact your auto insurance firm to query whether or not your policy would provide coverage for a certain accident or danger, the agents may decide that you have somehow suffered an accident or injury with your car and decide to record it into the database. It is no joke to warn you that as the laws in Texas stand at this moment, anything that you tell your insurance company hypothetically or even in confidence will be utilized against you.
The Terror of the Claims-Paying Super Program Colossus
Prepare yourself for the third bit of bad news regarding auto insurance companies in Texas. These outfits have now reached a whole new level of sophistication regarding evaluating and paying out on auto insurance claims. Their proprietary software bears intimidating and even terrifying names like “Colossus.” Colossus now decides major insurance determinations such as if a company will pay an auto insurance claim, and even how much (or little, more likely) they will pay on such a claim.
Human beings, such as live agents and adjusters, are not making the choices anymore, using common sense, informed, and larger picture decisions concerning damages and injuries sustained in an auto accident. Computers are overruling the vastly experienced claims adjusters. The data is simply punched into the computer program on one side, and it cranks out a magical number on the other side. As if that were not horrible enough news for Texas auto insurance policyholders, this proprietary software can be redirected by the executives at the auto insurance company in order to significantly underpay claims that are determined to be completely valid. It just requires them to push one little button in order to screw over the auto accident victims now.
Texas law boasts massive holes regarding auto insurance outfits and their practices. If anyone is to receive basic benefits from auto insurance companies any longer, someone somewhere in the state capital needs to do something major and soon. Welcome to the future of insurance.
Good Insurance website: texasquotes.com
Health insurance is one of the most important investments that anyone will make. The good news for residents that live in the state of Texas is that there are plenty of options to choose from. It is important to understand the needs of an individual and family when it comes to choosing a health insurance plan. There are many different ranges of coverage and cost for families in Texas. Here are several ways to choose a plan that fits your needs for coverage and cost texasquotes.com.
One of the best ways to get better health insurance coverage is to shop around. There are many different companies that provide some sort of health insurance coverage for their employees. However, there are also ways that a person can purchase health insurance on the open market. Although there are many options to choose from, it really is not that hard to narrow down exactly what you need. Many people believe that the group rates through their company are the best way to go. However, for people that are in good health it may be better to purchase a policy on the open exchange market. In the state of Texas, there are hundreds of different plans to choose from depending on your health needs.
Saving on Plans
There are many different ways in which a person can save money on their health insurance costs. First of all, anyone that sings a form saying they are not a smoker will receive a big discount on most plans. Smoking is one of the biggest forms of cost when it comes to treating it over the long term. Anyone that is living a healthy lifestyle should be sure to take advantage of that through lower health care premiums. There are many different people that have been able to lower their monthly costs by reducing their weight as well. Being overweight can cause a variety of different health care problems for people. Always work to get your weight to a good level and exercise on a regular basis. Discounts can range from ten to twenty percent in the state of Texas for people that are in great shape. At the end of the day, a health insurance company is taking on a risk by providing coverage. Always work to mitigate the risk that you will have a healthcare issue before you decide on a plan.
There are many different options for coverage in the state of Texas. Anyone that is wanting to have coverage needs to make sure that they do their homework on the front end. Although high deductible plans may seem like a way to save money, there are many costs associated with that if you go to the doctor a lot. If you are relatively healthy, those plans may be a good way to save money. However, always be sure to gauge your risk for needing some sort of health care in Texas. The good news is that there are plenty of options to look at online and to get informed with your coverage. At the end of the day, choosing health coverage is an important decision that should only be made after a lot of careful consideration.
Health insurance is a huge decision for anyone to make. In the state of Texas, there are thousands of plans to choose from on the open market or through employers. Always work to make sure that you are getting the best coverage possible for the price. You can work to reduce costs by living a healthy lifestyle and eliminating bad behaviors.
“If a tree falls in the forest, does it make a sound?” Texas homeowners might want to ask “If my neighbor’s tree falls on my house, does my homeowners insurance cover it?” Here is how tree damage impacts your Texas homeowners insurance.
Tree damage can be an ongoing dispute between homeowners due to falling branches on either side of property lines. After a heavy thunderstorm, tree damage can be a very serious concern when large branches or the full trunk falls on your house, garage or fence. An important element of tree hazards is that your homeowners insurance covers both property damage and personal liability. Here are the primary concerns with trees and your homeowners insurance policy:
Tree on my property
Tree on neighbor’s property
Branches on my property
Branches on neighbor’s property
One primary function of your homeowners insurance policy is to cover your “main dwelling structure:” your home. When your tree or branches damage your primary building structure or contents, then your homeowners insurance will cover it after you pay off your deductible. What about your garage, shed and fence?
If your garage is attached to your home, it may qualify for protection with your main dwelling. The detached garages, sheds and fences will be listed under “Other Structures.” Read your homeowners insurance policy carefully to see if these are covered or not. This is likely to be near the end of the insurance document. There may be a cap of 10% on detached structures, like your garage or shed.
When your neighbor’s tree or branches cause damage to your home, then you have the legal right to make a claim on his homeowners insurance policy. This is the second key elements of your insurance coverage: personal liability. It also works the other way when your tree or branches damage your neighbor’s home.
The Texas Watch consumer protection association breaks down most Texas homeowners insurance into different categories: 1. Basic and 2. Comprehensive. For many hazards, the question of coverage will start based on the type of house insurance coverage you have.
Does my Texas landowners insurance cover damage to landscaping, trees and shrubs? This is where the level of your insurance may play a role. “Basic” might not cover landscaping, trees or shrubs, but a more “Comprehensive” policy will. The basic policy might also replace shrubs and trees due to fire, lightning or vandalism. Most insurance policies will cover tree removal up to a certain dollar amount.
Does my Texas home insurance policy cover damage to my foundation, pipes or sewer system caused by tree roots? Once again, it depends on the coverage. Many insurance policies will not cover tree roots or plumbing problems. Some insurance might cover a dramatic or abrupt breakage of your pipes caused by tree roots.
Remember that your Texas homeowners insurance policy is primarily for covering your home and contents. It also covers personal liability where your trees damage other people’s property.