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Texas home insurance costs are skyrocketing and becoming a barrier for housing affordability. Rising insurance costs disproportionately burden low- and moderate-income families, erode homeownership stability and weaken communities. And how the Texas Juvenile Justice Department’s five state secure facilities continue to fall short.
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Texas is experiencing a home insurance crisis. This has led to skyrocketing insurance premiums, making homeownership increasingly unaffordable for many Texans. This is due to increased frequency and severity of extreme weather events, rising costs of materials and labor, and the impact of inflation. Some insurers are leaving Texas leaving more homeowners exposed to risk.
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Home insurance is getting pricier as hurricanes and wildfires get worse. States are trying new incentives, encouraging homeowners to retrofit homes against disasters to get an insurance discount.
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The cost of auto and home insurance is rising much faster than overall inflation, thanks in part to a string of billion-dollar storms. A growing number of people are going without insurance.
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Consider if the cost to repair or replace property covered by the policy is more than the deductible. If it is, start a claim right away, and document everything.
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With housing inventory low and demand high, it's officially a “seller's market" in San Antonio. What should homeowners know before making a decision to…
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The idea of buying a house is exciting but daunting. Whether purchasing a first home or a forever home, wrong choices can be costly. What should future…
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As Harvey recedes in parts of Texas, affected homeowners are grappling with how to recover from the damages. In the eight counties most directly affected…
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People in parts of Southeast Texas are slowing making their way back to their homes to assess the damage caused by Hurricane Harvey, with many pushing to…
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Consumers who suffered property damage as a result of the recent severe weather should contact their insurance companies as soon as possible to begin the…