OPIC regularly objects to homeowners and auto rate filings where we believe consumers are not being charged proper rates. In the first eight months of 2022, OPIC saved consumers over $11 million in the form of reduced rates, withdrawn rate increase filings, and policyholder refunds. For every $1 of our agency budget, we’ve saved Texas insurance consumers $18.

Consumers deserve access to information about their insurance in plain language so they can be well informed and help make the insurance market work for them. With this in mind, OPIC updated its auto and homeowners (including renters) Consumer Bills of Rights. OPIC’s Bills of Rights are a basic outline of important rights you have under Texas law.