Texas lawmakers want to lower homeowners' insurance costs, but have few options

Texas lawmakers want to lower homeowners' insurance costs, but have few options

Texas lawmakers have advanced bills to limit how much insurance companies can hike rates and help homeowners make their homes more insurable. They’ve also sought to compel insurers to be more upfront with homeowners when they decide to deny or stop coverage. Texans have seen rates spike in recent years and pay some of the highest insurance premiums in the country. A proposal that would require the Texas Department of Insurance to approve any rat…

Texas legislators want to lower homeowners' insurance costs, but have few options

Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs.

Texas lawmakers want to lower homeowners’ insurance costs, but have few options

By Joshua Fechter, The Texas Tribune May 9, 2025 “Texas lawmakers want to lower homeowners’ insurance costs, but have few options” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues. Subscribe to The Y’all — a weekly dispatch about the people, places and policies defining Texas, produced by Texas Tribune…

New data, maps provide ‘rare window’ into scale of homeowner’s insurance crisis

In recent months, the U.S. Senate Budget Committee and the Federal Insurance Office have each released detailed data on insurance premiums, non-renewals and other key metrics. The advocacy groups Public Citizen and The Revolving Door Project brought that data to life with interactive maps.

Climate change pushes homeowners insurance rates higher nationwide

Homeowners across the United States face a growing financial burden as insurance rates continue to climb. This upward trend affects households in multiple regions, with climate change emerging as a significant factor behind the increases. Insurance companies adjust their risk assessments in response to the’ rising frequency and severity of natural disasters, leading to higher premiums for property owners. The impact is felt in coastal areas, wil…