{"id":23336,"date":"2025-06-29T02:08:41","date_gmt":"2025-06-29T02:08:41","guid":{"rendered":"https:\/\/www.europesays.com\/us\/23336\/"},"modified":"2025-06-29T02:08:41","modified_gmt":"2025-06-29T02:08:41","slug":"what-you-need-to-know-about-san-antonio-area-home-insurance-changes","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/23336\/","title":{"rendered":"What you need to know about San Antonio-area home insurance changes"},"content":{"rendered":"

\t\t\t\tOver the last few years, Texas homeowners have seen increases in insurance rates, with average increases over 20% in 2023, according to the Texas Department of Insurance<\/a>.<\/p>\n

While the 2024 average saw a smaller increase at 18.7%, severe weather coverage and other home insurance challenges continue to drive up premiums across the state.<\/p>\n

In the San Antonio area, the most prominent coverages include fire, flood and wind and hail, said Lisa Smith, personal team lead at Miller & Miller Insurance Agency<\/a>.<\/p>\n

What you need to know<\/strong><\/p>\n

Home insurance premiums are dependent on various aspects of a property, including the appraised value, the age of the home, the property’s location and other factors.<\/p>\n

Smith said that some insurance agencies have stopped covering homes in the area due to concerns about wildfires.<\/p>\n

While the area has not had a wildfire, the ongoing drought has led to increased risks of fire, and some homes are within the areas marked as the highest risk.<\/p>\n

Aside from fire, Smith said the most common claims in the area are due to wind and hail. Smith said the average claim will cover around 2% of a property\u2019s value for wind and hail damage, but homeowners should be wary of what is filed for a claim.<\/p>\n

\u201cInsurance is for those really big moments,\u201d Smith said.<\/p>\n

With an increase in hail-related claims and increasing roof replacement costs, agencies have also become more strict about the type of roof coverage included in a premium, often meaning homeowners will have to cover most roof repairs out of pocket.<\/p>\n

Breaking it down<\/strong><\/p>\n

Statewide, insurance rates increased by single-digit values year over year until 2022, when rates increased by 10.8% on average.<\/p>\n

Between 2022 and 2023, the average increase saw a 10.3 percentage point jump to around 21.1% before decreasing to an 18.7% increase in 2024.<\/p>\n

While rates are trending down compared to 2023, insurance rates continue to climb, according to TDI data.<\/p>\n

The takeaway<\/strong><\/p>\n

TDI officials recommend that consumers regularly shop for coverage to get the best rates.<\/p>\n

Homeowners are encouraged to carefully select their deductibles. Policies with higher deductibles generally have lower premiums, but require homeowners to pay more out of pocket for a claim.<\/p>\n

To help homeowners get the best rate or information on home insurance, TDI helped create policy comparisons for Texas insurance companies at www.helpinsure.com<\/a>.<\/p>\n

Smith said talking to local agents can also help get the best rate, since local agents usually have the most up-to-date knowledge and information on a specific region.\n\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Over the last few years, Texas homeowners have seen increases in insurance rates, with average increases over 20%…\n","protected":false},"author":3,"featured_media":23337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5133],"tags":[21158,21159,5229,21167,21168,21157,21163,21166,21165,7202,21164,7203,21162,21161,358,21160,21156,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-23336","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-antonio","8":"tag-2023-insurance-rates-texas","9":"tag-2024-insurance-rates-texas","10":"tag-america","11":"tag-fire-insurance-texas","12":"tag-flood-insurance-texas","13":"tag-home-insurance-increases-texas","14":"tag-home-insurance-premiums-texas","15":"tag-lisa-smith-insurance","16":"tag-miller-miller-insurance-agency","17":"tag-san-antonio","18":"tag-san-antonio-home-insurance","19":"tag-sanantonio","20":"tag-severe-weather-coverage-texas","21":"tag-tdi","22":"tag-texas","23":"tag-texas-department-of-insurance","24":"tag-texas-home-insurance-rates","25":"tag-tx","26":"tag-united-states","27":"tag-united-states-of-america","28":"tag-unitedstates","29":"tag-unitedstatesofamerica","30":"tag-us","31":"tag-usa"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/23336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=23336"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/23336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/23337"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=23336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=23336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=23336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}