Plain Language Checklist for Premium Increase Notices - Texas

Plain Language Checklist for Premium Increase Notices is a legal document that was released by the Texas Department of Insurance - a government authority operating within Texas.

FAQ

Q: What is a premium increase notice?
A: A premium increase notice is a notification sent by your insurance company to inform you that the cost of your insurance policy will be increasing.

Q: Why am I receiving a premium increase notice?
A: You are receiving a premium increase notice because the cost of your insurance policy is going up. The notice will provide information on why the increase is happening.

Q: What should I do if I receive a premium increase notice?
A: If you receive a premium increase notice, you should review the information provided and contact your insurance company if you have any questions or concerns.

Q: Can I switch insurance companies if my premium increases?
A: Yes, you have the option to switch insurance companies if you are not happy with the premium increase. Shopping around and comparing prices from different insurers may help you find a better deal.

Q: Are there any reasons for a premium increase that are not allowed?
A: Yes, there are certain reasons for a premium increase that are not allowed. The notice should provide information on whether the increase is allowed or if it can be appealed.