If you’ve had to renew your auto insurance recently, you may have had an unpleasant surprise. The average statewide rate for personal auto insurance soared 23.8 percent in 2022, according to the Texas Department of Insurance.
The jarring increase in insurance premiums comes after several years in which rates were essentially flat. Ben Gonzalez, a TDI spokesperson, broke down some numbers: in 2018, the average rate increase was just 1.8 percent, and in 2019 and 2020, average rates…
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