Shopping your Texas homeowners renewal: rates are mixed, so check your carrier

Texas homeowners rates are mixed in 2026, not simply falling. More insurers have filed cuts than increases this year, but six of the ten largest Texas home insurers filed increases, including State Farm Lloyds (4.0%, pending) and Allstate (8.0%). The only way to know what your renewal will do is to check your own carrier's filing and your renewal notice, then compare quotes.

The good news: more cuts are being filed

On October 8, 2026, TDI said most homeowners insurance companies that filed rate changes since July 1 proposed decreases, affecting about 700,000 Texas policyholders, and that filed homeowners rate changes over the past 90 days averaged a 4.3% decrease. Examples TDI named: ASI Lloyds filed a 6% decrease and Texas Farm Bureau Mutual filed a 5.2% decrease.

An October 15, 2026 analysis of TDI's rate-filing data by FiledRates found the same turn. Among filings TDI received from January 1 through October 6, 2026, decreases outnumbered increases 51 to 30. In 2023, the count was 213 increases and 7 decreases.

The catch: many of the biggest insurers still raised

Counting filings treats a small insurer's cut the same as a large insurer's increase. FiledRates found that six of the ten largest Texas homeowners insurers filed increases in 2026, led by State Farm Lloyds (4.0%, still pending) and Allstate Vehicle and Property Insurance Company (8.0%).

Among TDI's 40 largest homeowners insurers, the 16 companies that filed only increases in 2026 held 58.7% of 2024 Texas homeowners premium, while the 10 that filed only decreases held 13.0%. Many of the companies now cutting had raised rates sharply in 2023 and 2024.

Bottom line: whether your premium goes up or down depends heavily on which company insures you.

Why the average may not match your bill

A filing's percentage is an estimate of the overall effect on a company's existing policyholders. FiledRates notes that a single policy can move more or less, and some filings cover only one of a company's programs. Your renewal can also change because of your coverage amount, deductible, roof, claims or discounts.

A Texas renewal checklist

1) Read your renewal notice and compare premium, dwelling coverage and deductibles to last year.
2) Look up your carrier's recent filings with TDI's home and auto rate filings search.
3) Ask whether you qualify for mitigation discounts, such as for an impact-resistant or FORTIFIED roof.
4) If you were nonrenewed, read the written reason your insurer must now provide.
5) Get comparison quotes before the renewal date, not after.

Ask about roof and mitigation discounts

In Commissioner's Bulletin B-0008-26 (September 16, 2026), TDI encouraged property and casualty insurers to develop meaningful, actuarially supported premium discounts for homeowners who invest in loss mitigation, including building or retrofitting to IBHS FORTIFIED Home standards, using impact-resistant roofing, and protecting against wildfire. The bulletin encourages discounts; it does not require a specific discount amount, so ask each carrier what it offers.

If you get a nonrenewal instead

Under HB 2067, Texas insurance companies must tell you in writing why they declined, canceled or didn't renew your auto or home insurance, for decisions after January 1, 2026, according to TDI. If no regular carrier will write your home, the Texas FAIR Plan may be an option, but note its homeowners policies no longer offer a 1% wind and hail deductible.

How an independent agency helps

TDI's commissioner urged Texans to shop around, and TDI notes nearly 160 companies sell auto and homeowners insurance in Texas. Spyglass Insurance Agency is independent, so we can compare the carriers we represent against your renewal and explain the tradeoffs in deductibles and coverage. We can't promise savings; sometimes staying put is the right call.

Related guides

• Can you still get a 1% wind and hail deductible from the Texas FAIR Plan?
• Why Texas homeowners insurance rates change