Texas FAIR Plan Rate Increase Filings Approved
Texas FAIR Plan Rate Increase Filings Approved April 26, 2021 The Texas Department of Insurance (TDI) has approved the FAIR Plan’s rate changes. The changes resulted in overall statewide average rate increases for homeowners, dwelling, condominium and renters policies. On Jan. 22, 2021, the FAIR Plan Association filed residential property insurance rates for its homeowners (HO-A), dwelling (TDP-1), tenant (HO-BT), and condominium (HO-CONB) policy forms with TDI. The approved rates are effective for new business and renewals on Aug. 1, 2021. Approved Chang...
Source: insurancejournal.com