GOVERNOR ABBOTT ANNOUNCES TDI ACTION ON PROPERTY INSURANCE COSTS - InsuranceNewsNet

The order came after data showed the average annual homeowners insurance premium in Texas jumped 79 percent over six years. Abbott said high insurance costs have hit Texas families hard and directed TDI to put consumers first in response. Homeowners across Lubbock have felt that squeeze along with everyone else in the state.

Abbott said he plans to work with the Texas Legislature next session to further curb premium increases. Any real relief likely won't show up on a bill until lawmakers reconvene. TDI's announced actions are meant to start addressing costs now, but the governor's own comments point to bigger fixes waiting on legislative action down the road.

For Lubbock homeowners already budgeting around higher premiums, the near-term impact of this announcement is limited. It signals state-level attention to a problem people here already feel every time a renewal notice shows up. The heavier lifting depends on what the Legislature decides to do next session, and whether that decision keeps the 79 percent climb from continuing.