TX| Texas Commissioner of Insurance Order No. 2026-9939 approves the Texas FAIR Plan’s 2026 residential property rate filings for homeowners, dwelling, condominium, and tenants policies, finding that actuarially supported, zone-specific changes developed using a loss-ratio method (including costs for wind and non-wind losses, reinsurance, expenses, and a Stabilization Fund provision) comply with Insurance Code Section 2211.056 and will take effect for new and renewal business on September 1, 2026.
Key Points:
- After TDI objections, FAIR Plan revised credibility for condominium indications and updated in-force premium data, and TDI actuaries concluded the revised proposals are actuarially sound and consistent with Section 2211.056, supporting the commissioner’s approval.
- FAIR Plan rates by policy form and zone reflect indicated changes subject to a ±25% cap, with homeowners and condominium rates generally decreasing statewide and tenants rates decreasing by 25% statewide on average.
- Dwelling fire coverage increases 3.5% statewide, while extended coverage shows substantial zonal increases in inland areas (capped at 25%) and a -22.0% decrease in Seacoast Tier 1, producing a 21.6% statewide average increase.
Click here to see TX Insurance Commissioners Order No. 2026-9939