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Consumer Reports survey top-rates Amica, USAA

Texas homeowners are seeing their insurance rates increase

Texas homeowners are seeing higher insurance rates this year.
Texas homeowners are seeing higher insurance rates this year.

Texas homeowners are seeing higher insurance rates this year.

Farmers Insurance raised its rates for homeowner's policies 14.9 percent while State Farm increased rates 9.8 percent and Allstate's rate hike was 6.5 percent, according to the Texas Department of Insurance.

Those companies combined cover approximately 2 million Texas homeowners.

To find out which insurers do the best job for their customers when disaster strikes, Consumer Reports surveyed 10,000 of its readers.

Amica and USAA were the top-rated insurance companies, according to that survey.

"Most people are pretty satisfied with their insurance companies until they put in a claim," said Consumer Reports' Money Adviser Margot Gilman. "We wanted to find out which insurers really come through for people when they need them most."

Jim Sugrue put his insurer and policy to the test when a storm brought a tree crashing onto his house causing significant damage.  His insurer was Liberty Mutual.

"The adjuster was there within 24 hours, and I had a check within 10 days, that covered all of what they promised.

As for the top-rated companies in the survey, Amica recently raised rates 5 percent and USAA has filed for a 5 percent rate increase to go into effect June 30.


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