Are agency fees killing your clients’ debt-to-income ratios? We know that as a loan officer, you are always looking for ways to reduce your client’s DTI and reduce their cash to close. We can help! At Texan Insurance, we do NOT charge agency fees.
Texas is one of only a few states that allows insurance agents to charge certain fees in addition to a commission when selling an insurance policy. Many agencies throughout the state do just that — in some cases adding up to $270 in extra costs for just one policy! That drives up the cost for your clients and can negatively affect your client’s debt to income ratio. We don’t believe that the agency fee is good business. So we don’t charge it.
We can save your clients money in other ways as well. Unlike ‘captive’ insurance agencies that only sell insurance coverage on behalf of only one company, Texan Insurance provides customers with a choice of homeowners insurance policies from some of the largest and well-known companies in the insurance business today. We can find the best possible coverage for the lowest cost by shopping more than three dozen insurance companies.
We know that some homes can be hard to insure. Older homes, homes with lengthy claims history, vacant homes and even vacation homes can be challenging for home buyers to find affordable coverage. Have a challenging homeowners insurance situation with a scheduled closing just a few days away? We’re up for a challenge! We move lightning fast to help your clients have quality homeowners insurance coverage in place prior to closing day.
Give us a call at 281-998-2500 or email to learn more about the Texan Insurance difference. We love helping loan officers throughout the state succeed. Let us help you!