Junk Insurance?

If you are uninsured and thinking of buying your own coverage, you may want to take a close look at the companies offering policies. Privately funded health insurance is very expensive. Consumer Reports found less expensive policies on the market, but there is a catch. C.R. says people who buy the low cost insurance often find they have little coverage when they need it.

In Texas, a company must be licensed to sell insurance. Before you buy a policy, call the Texas Department of Insurance Consumer Help Line. The number is 1-800-252-3439. T.D.I. can provide you with an agent and company's complaint index and financial ratings. The complaint index and financial rating help indicate whether a company provides good customer service and is financially stable.