consumer wins

OPIC Saves Consumers Money

OPIC regularly objects to homeowners and auto rate filings where we believe consumers are not being charged proper rates. Recently, an OPIC objection resulted in changes to a personal auto rate filing. OPIC’s efforts produced an estimated $455,500 in annual savings to Texas consumers.

OPIC's 2021 Achievements

OPIC worked hard for consumers this past year, analyzing over 1,100 rules, rates, and policy forms. We are a small, 10-person agency, but we did big things in 2021. We saved Texas consumers over $11.4 million in 2021 alone, so for every $1 OPIC received from the State’s General Revenue Fund, OPIC saved Texans $14. To learn more, read our 2021 Achievements article.

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New Auto and Homeowners Bills of Rights

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.

News Articles

How Cost-Sharing Works in Health Insurance

When you get medical care, you and your health plan share the costs. Your health insurance pays for some of the costs, and you pay for the rest. You will usually pay one, or more, of these:You pay a...

5 Things Your Homeowners Insurance May Not Cover

Your homeowners insurance usually won’t pay for wear and tear to your home. For example, worn roofs, leaky windows, and overgrown or dead trees are not covered by your policy. The best way to avoid...

Don’t Fall for These Common Insurance Scams

All Texans are impacted by insurance scams. Learn how to protect yourself.[dsm_text_divider header="General Insurance Scams" text_alignment="left" divider_style="dotted" divider_weight="4px"...

Know Your Coverage: Service Line Coverage

Service line coverage is a specialized type of coverage in residential property insurance. It covers the cost of repairing or replacing utility lines, excavation, and landscape restoration in the...

OPIC’s 2021 Achievements

OPIC worked hard for consumers this past year, analyzing over 1,100 rules, rates, and policy forms. We are a small, 10-person agency, but we did big things in 2021. We saved Texas consumers over...

10 Ways to Keep Your Home Protected While Traveling for the Holidays

Are you traveling for the holidays and leaving your home unattended? Follow these tips to maintain your home, help prevent damage or theft, and help avoid insurance coverage issues:[dsm_text_divider...

Choosing Health Care Coverage When You Lose or Leave Your Job

When you lose or leave your job, you have several options to get health care coverage. Usually, you can: continue using your job-sponsored health coverage through COBRA; enroll in an individual...

Preventing Damage from Water Heaters

Water damage from a broken or leaky water heater can be expensive and may not be covered by your insurance. Regular maintenance may help prevent a broken or leaky water heater. You may be able to do...

Know Your Coverage: EHBs and Mandated Health Benefits

Health benefits are regulated by both the federal government and individual state governments. The federal government requires that individual and small group plans cover certain Essential Health...

Decoding Residential Property Deductibles

What is a deductible? A deductible is an amount the insurance company subtracts from your payment for damages caused by a covered loss. It is the amount you will be expected to pay if you repair or...