A new report paints a promising picture of the home owner insurance market in the state of Texas.
"The most recent data from the Texas Department of Insurance shows we're actually at a fifteen year low in complaints" said Bill Peacock with the Texas Public Policy Foundation. He told 550 KTSA News that finding carries a lot of significance--given the wide range of threats your home could be under.
"Hurricanes and tornadoes and everything in between--so it's really important consumers have the opportunity to shop--and find the best prices" Peacock said, adding "I think it shows the market is working."
Still, Peacock said there is certainly room for improvement.
"We still have pretty high prices in Texas--and high regulation. I think we can get prices lower if we reduced regulation as well" Peacock said.