What is the “Underwriting Period” for Auto Insurance in Texas?

When buying auto insurance in Texas, there’s a 60-day period after the policy is issued, called the “new policy underwriting period,” which allows the insurance company sufficient time to determine whether or not they want to accept you as a policyholder. During this underwriting period, they’ll do the research necessary to make sure that all…

Minimize the Cost of Auto Insurance

Auto insurance companies categorize potential policyholders as either standard or high risk drivers, determined by information gathered during the underwriting process. High risk drivers will be required to obtain high risk auto insurance, which means higher-cost coverage. The reason high risk auto insurance costs more than standard insurance is because, from the insurance company’s perspective,…