Texas insurance rates higher in some ZIP codes than in others

Texas homeowners Insurance

State Farm says that this calculation factor is justified in the northern part of the state. The largest Texas insurance company, State Farm, has responded to concerns regarding the calculation of its rates, as there are disparities in premiums charged depending on the ZIP codes in which the policyholders live. An analysis was performed in Dallas regarding homeowners rates and found significant discrepancies. In fact, when comparing homes of similar values, claims histories, and coverage, Texas insurance rates charged by State Farm based exclusively on ZIP codes could mean a…

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