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. In the first eight months of 2022, OPIC saved consumers over $11 million in the form of reduced rates, withdrawn rate increase filings, and policyholder refunds.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.

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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.

saved for consumers so far in 2022

News Articles

Ways to Resolve Your Claim Payment Disputes

If you file an insurance claim, and don’t think your insurance company is paying you enough to cover your damages, you have several different options to resolve the problem. If you and your insurer...

How is My Car Insurance Rate Calculated?

When determining the price of your insurance, companies will consider characteristics of you and your car that relate to predictions about future claims. The less risky your insurer considers you to...

Know Your Coverage: Rental Cars After an Accident

Due to supply chain issues and labor shortages, many car repair shops are experiencing longer than normal wait times. If you get into an accident and your car is damaged, you may need to rent a car...

Your Options After a Total Loss

If you get into a car accident and the insurance company declares your vehicle a “total loss,” that means that your vehicle costs more to fix than to replace. Keep in mind that insurance companies...

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...