It has been nearly six years since a crisis in the Texas homeowners insurance market compelled legislators to make major reforms.  The majority of Texans now have less coverage but still pay some of the highest premiums in the country.  Why is the cost so high in Texas for home insurance?

Did you know that more than a million Texas homeowners now have very limited policies that don’t completely cover all potential damages?  Basic coverage that once was part of every policy doesn’t exist anymore in many policies. You will see that policies that cover fewer risks have taken over the majority of homeowners in Texas.   

What is the state of Texas going to do in order to fix this homeowners insurance nightmare?   There is state oversight that occurs in a political environment in which large industry lobbyists and campaign contributions are prevalent.  How will they ever get anything done if lobbyist are in everyone’s pocket?