AAA Insurance Affiliate Files 8.7% Auto Rate Reduction

AAA Texas County Mutual Insurance Company, the insurance affiliate for AAA Texas, has filed for an 8.7 percent average automobile insurance rate reduction effective today for new business and March 14 for renewing policyholders.

The rate reduction should save AAA Texas policyholders insured through AAA Texas County Mutual an average of $130 per policy. The amount of the adjustment to individual policies will vary, depending upon the type of coverage, applicable discounts and type of vehicle.

The motor club’s insurance operation was able to reduce rates due to a reduction in the number of bodily injury, property damage and collision claims.

“In addition to reduced claims costs, we’ve continued to work hard at reducing operating costs and improving efficiency,” said Barbara Childers, vice president of sales.