Top 10 Costliest States for Car Insurance

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Published on Monday, August 20 2012 10:06

Think car insurance rates are high in Texas?  You might be surprised!  Many factors affect rates, including the costs of car repair and medical care, the level of insurance fraud in a state, the number of uninsured drivers and population density. This list compared the median household income and the median price of an annual car insurance policy in all 50 states and the District of Columbia, and ranked them based on the percentage of household income going toward car insurance.  Click here to see the full list, and to also see the 10 states with the lowest percentages on the final slide.

Farmers Seeks 15 Percent Rate Increase for Texans' Homeowners Insurance

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Published on Tuesday, July 31 2012 10:28

Homeowners covered by Farmers Insurance will see their  second premium increase this year, the company told state regulators  Friday, planning to boost the cost of most policies in Texas by an  average of 15 percent.

The higher rates would affect 520,000  Farmers customers who have either a Texas Family Home policy or a Next  Generation Homeowners policy.

The rates will take effect for new policies and renewals starting Sept. 18.  Click here to read the full article.