Texas homeowners still have the dubious distinction of paying the highest insurance rates in the nation – despite measures designed to lower rates and much worse weather losses in other states.
The Dallas Morning News reports today that the homeowner insurance situation is not improving in Texas. Please read the entire article. Here is a very brief excerpt:
A new study from the National Association of Insurance Commissioners released Monday showed that the average annual premium in Texas for the most common homeowner policy was $1,409 a year, considerably more than the nationwide average of $804. Florida was second at $1,386 – after a jump of 28 percent in one year – and Louisiana was third at $1,257.
