Car Insurance Rate Texas

Reader’s Question:

Why does my auto insurance provider wants to know the ages and names of all children in our household over ten years old? Are they going to use this information to raise our insurance premium?

Meg

Houston, TX

 

There are a lot of reasons for this request. For some carriers, it is a state requirement to list all household requirements. It is typically for the coverage exposure or more importantly liability exposure. It does not affect the insurance rate, but the information is used to track down claim information at the time of loss. Some car insurance providers require to know the names and ages your children that live in your household and are over the age of ten so that they can keep track of potential (future) motorists. Some auto insurance policyholders do not inform insurance carriers when children in their households get their permits or licenses and therefore fails pay the proper increase in insurance premium.

Your insurance provider should not be able to use this information of non-licensed children in your household to increase your rates or charge you more. You may want to speak with your insurance company directly why they are requesting this information. If you do not receive a response or one that is not satisfactory to you, you can always contact your state’s insurance regulator. The insurance regulator should then look into your insurance company’s reason for asking this information and their rating system and then reply back to you.