Texas Windstorm Insurance Association approves price hike. Homeowners and business owners in the coastal areas of the state will see an increase of 5 percent in their Texas insurance rates for their coverage against windstorms next year. This announcement came following the approval from the board of directors at the Texas Windstorm Insurance Association. That same board has also postponed a decision regarding whether or not they will approve the enactment of another increase which would be determined by the distance from a property to the shoreline. That decision was…
Read MoreTexas insurance rates for windstorm coverage to increase by 5 percent
