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The Texas Department of Insurance must take action to promote competition and “prohibit excessive or unfairly discriminatory rate setting" in the state's homeowners insurance market, Gov. Greg Abbott said Aug. 24.
The background: Texans are paying the fourth-highest home insurance premiums in the nation, Community Impact previously reported. State data shows that the average Texas home insurance premium nearly doubled from $1,791 in 2016 to $3,506 in 2025.
The details: Abbott asked the TDI to prohibit insurers from using the age of a home and homeowners' personal data when setting rates; create a task force targeting insurance fraud; study the impact of inflated insurance claims; and require insurers to consider a homeowner's participation in a roof fortification program when writing policies.
Another perspective: "Under Greg Abbott, Texas has been one of the most expensive states in the country to own and maintain a home," Gina Hinojosa, the Democratic candidate for Texas governor, said in a statement. "If Abbott really wanted to lower costs, he would have done it in the last 12 years."
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