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TCAIS Realtor
Brochure for Consumers
You've just found the house of your dreams. But
you're worried about finding insurance. Not to worry -- Texas has
dozens of insurance companies that can insure your new home. The
question is: Where to start?
Now
to find them...
You
want to insure your new home-to-be using your current homeowners
insurance company.
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1. Ask
your current insurer if it will extend coverage to your new
house.
2. Contact
any of the credit agencies listed to the right to make sure
your credit report is correct. The report will provide the
information you need to contest errors.
3. Make
sure you know what your insurance will cover and whether less
expensive or more comprehensive options
are available.
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You
have chosen a home, but you have not chosen a homeowners
insurance provider.
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To
order a copy of a
home’s CLUE report for $8, the
homeowner can call ChoicePoint at 1-866-527-2600. You
can also visit Choice
Trust for more info. |
1. Check
the seller’s Comprehensive Loss and Underwriting Exchange
(CLUE) report, which tracks claims information over the past
three years. The home might have a loss history that makes
it difficult to insure.
2. Check
www.HelpInsure.com
to see which companies are writing new policies.
3. Look
into TDI’s Market Assistance Program (MAP) at 1-888-799-6277,
which helps consumers find homeowners insurance.
4. Contact
insurance companies directly to discuss coverage options,
or look up independent agents -- who often represent several
insurers -- in your area. |
| Despite
your best efforts, you can’t find a company to insure
your new home. |
1. Write
down the details and call the Texas Department of Insurance
at 1-800-252-3439. The more details you can provide, the more
TDI can help.
2. Be
sure to collect the following information before contacting
TDI:
- why
the home is being denied;
- location
and condition of the home;
- type
of plumbing used in the home,
such as copper or PVC; and
- maintenance
records from the
current or previous homeowner.
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Resources
and Links
www.InsureTexas.org
A Web site aimed at helping Texans make informed choices about homeowners
insurance.
www.TCAIS.org
A Web site providing resources and information to help make sure
all Texans have access to affordable home and auto insurance. Sign
up to receive The Insider, an email newsletter on emerging insurance
issues.
www.HelpInsure.com
A Web site from the Texas Department of Insuranceaimed at helping
consumers find homeowners insurance.
www.tdi.state.tx.us
The Texas Department of Insurance home page. You can research insurers,
agents and check rate guides here.
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Texas
insurance issues are definitely "hot" topics
right now. Register today for TCAIS email
updates - we'll give you the latest developments
on emerging issues and what our state leaders
are doing about them.
Click
here to sign up now!
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