Highest property insurance rates in the United States found in Texas

Highest property insurance rates in the United States found in Texas

On average, a Texas homeowner is paying $1460 a year for their property insurance, while the rest of the country is paying $791. With paying nearly double the cost of insurance and getting half the coverage as an average homeowner’s policy package – it’s no wonder, many are outraged. “This is what Texas homeowners can expect as long as we have a system that allows insurance companies to dictate the terms of the market,” stated Alex Winslow of Texas Watch, an Austin-based consumer group. “Until and unless we enact comprehensive…

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