1,400 rates, forms, rules analyzed
OPIC staff is small agency with only 10 employees, but we work hard for Texans. In 2020, we analyzed over 1,400 rates, rules, and forms. As a result, we saved consumers money and prevented reductions in coverage.
$85 million in savings for consumers
OPIC saved Texas drivers $80 million by objecting to auto rate increases during the COVID-19 pandemic. We saved consumers another $5 million dollars with other rate objections throughout the year to bring the total savings for Texans to $85 million.
Prevented reduction in Texans’ insurance coverage
OPIC prevented reductions in coverage for homeowners and auto policies by working with TDI and insurers. More than 45 changes were made to protect consumers based solely on our policy form reviews.