A change that will affect many homeowners, Farmers Insurance has filed for a 3.9% increase in Homeowner Insurance rates.
The rate increase will go into effect in March 2011. The rate increases effect homeowners with a Texas Family Home Policy or the Farmers Next Generation Homeowners Policy.
For policy holders that are not under one of those two policies, they will gradually be switched over.
The rate increase is to help cover cost of claims in Texas, as they have risen. Many claims come from weather related damages.
Janus Real Estate Group * Heather Anderson * 972-765-3773
