In the News: More Texas homeowners see double-digit insurance rate hikes as disaster costs pile up

In the News: More Texas homeowners see double-digit insurance rate hikes as disaster costs pile up

Texas Watch Executive Director Ware Wendell was quoted in Scott Friedman, Eva Parks, Edward Ayala, and Frank Heinz's recent story on the rise of insurance premiums in Texas -- following double digit rate increase by insurance companies -- and what Texans need to do to get the lowest rate possible. 

Mr. Wendell said these rates will greatly affect the housing market. 

"If these rates keep skyrocketing like this, we're going to see a big impact all across the housing market," Wendell said. "We are in the midst of an insurance crisis in the state of Texas. And actually, all across the country, insurance companies are jacking up rates through the roof." 

You can read and watch the full story on NBC-DFW here.