July 2008

The concept of insurance

Choosing the coverage you need

How companies price their policies

Shopping for the best deal

Factors affecting the price you will pay...

We all face risks every day – some small, some large. If a storm destroyed our home or an accident crushed our car, it would be very hard for most of us to pay for the damage out of our own pocket.

By transferring risks to insurance companies, we exchange the possibility of large losses with potentially devastating financial effects for smaller, known costs – through insurance deductibles and premiums.

Click on the cover to read TCAIS' Texas Insurance 101 handbook and learn more about how the industry works and tips for shopping for the best insurance products for you.