Texas insurance rates soar as state lawmakers look for solutions

Texans have seen double-digit increases in home and auto insurance rates in the last two years. Now state lawmakers from both parties are brainstorming fixes.



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[charlesdeblanc]

Oh, I'm sure the lawmakers being paid off by these same insurance companies will do something for us, the people.

[LivingAwake]

It’s cheaper now to be self insured. Problem is, the other laws require insurance. It’s a life sentence. It needs legal disruption.

[dannyisbell]

This is getting out of control .government forces insurance but don't help keep people from ripping us off

[notsure]

Get rid of property taxes and make a straight sales tax. Property taxes for eternity is you renting from the state you never actually own the property. You don’t pay your taxes you’ll find out who really owns your property. Really if you live in your house for z20-30 years a pay off your mortgage you should no longer have to pay property taxes. You’ve paid your debt to society. Or you only charge property taxes on the price you paid for the house.

[no_country_for_real_men]

I call bs. NO politician in texas EVER does the right thing for the taxpayers.

[davidhowardfsusanville]

Insurance is the organized legalized mafia. If insurance is mandatory, their payment of claims should be mandatory. You need to keep money aside to sew your own insurance company to make them pay what they should pay.

[jhs]

If the insurance companies would stop putting so much of the money into their own pockets then it wouldn't be so expensive.

[pedro_sanchez.]

I’ll self insure before bankrupting myself with premiums

[SCTXLoveNPride]

I went from $166 to $329 at renewal!!!!

[notsure]

Lawsuit reform? That’s not the problem it’s the insurance companies not wanting to pay legitimate claims!

[jshllyd]

If it was just about finding a cheap rate, you can probably find it. The problem is anything RELIABLE is becoming unaffordable. The cheap guys are nowhere to be found when you need them, so if you’re going for cheap rates, just drive under the assumption that you’re on your own if you get in a wreck.

[garretts]

They blame cost of auto part etc - that's a sham. Your telling me Tech hasn't made us better at driving and reduced accidents? Please...

[kngjoea]

Tx property tax's r ridiculous! Mine also raise 38% for 1year alone.

[johnsullenger]

Look at your auto insurance bill. "Uninsured motorist" is bay far tge most expensive line item. That is coverage against loss due to an uninsured motorists aka illegals driving without insurance. The people who play by the rules are penalized by subsidizing those who don't. Its a combintion of insurance welfare and inurance socialism. The state has the responsibility of permanently stripping people of the right to drive or even own a car if they cause a loss and don't have insurance to cover it. Financial restitution should be owed to the person who suffered a loss via liens enforced by the state much like child support payments are enforced. And...deportation of these thieves should be mandatory. These things would cause auto insurance rates to decrease.

[FollowingDopamine]

Progressive for me, went up by nearly 400% increase....great credit, one auto claim that was comprehensive. USAA was the cheapest for me at that point but still not cheap especially as all costs rose yet my pay didn't go up at all.

[cmleoj]

Why not exclude property on the coast? Exclude property one standard deviation beyond the average price of a house. Why are working people underwriting the second homes and mansions of the rich?
It’s annoying.

[tooge]

there ARE better places to one and then MOVE !!!

[rogerbec]

Inflation and extreme weather? Laughable 🤣. It's all about fraudulent claims. Follow the money. Fender benders are going for liability policy limits these days at 30K to 50K a pop. Roof claim replacement denied? File a lawsuit and get it paid. It costs the insurance companies more to defend a fraudulent claim so they pay it and pass on the higher premiums to you and me. ☹

[rodneyadamson]

Me and my wife pay $424 monthly for two vehicles full coverage 😮

[rpoosua]

stop charging $2 for auto renewal and $4 for auto theft. and you can't renewal your plate without insurance.