The Great Insurance Pullback: Why Fewer Companies Are Willing to Cover North Texas Homes

Joe the roofer
Aug 16
3 min read

Disclaimer:

This article is intended for informational purposes only. It does not constitute legal or insurance advice. Please consult a licensed professional regarding your specific policy or coverage.

If you’re a homeowner in North Texas, you’ve probably noticed a disturbing trend: your insurance options are disappearing—and your premiums are going up.

Where you used to have a half-dozen reputable carriers to choose from, now it feels like you're stuck with two household names and a handful of “take-it-or-leave-it” offers. So what happened?

Let’s dig into what’s behind the mass insurance exodus from North Texas—and how it’s reshaping the homeowner experience across the Metroplex.

Fewer Choices, Higher Prices

Over the past few years, we’ve seen a dramatic decline in the number of insurance carriers writing new homeowner policies in North Texas. Companies like Travelers, Farmers, Amica, The Hartford, and others have either:

Pulled out of the region entirely, or
Quoted what we call “F-you pricing”—premiums so outrageous that no reasonable homeowner would accept them.

Meanwhile, the most common active carriers we encounter are State Farm and Allstate, often the last two standing in a neighborhood full of rejections and rate hikes.

What’s Causing the Exodus?

🌪️ 1. Extreme Weather = Extreme Risk

North Texas has been hammered by hail, high winds, and tornadoes at an unsustainable pace. Insurance companies operate on risk modeling, and right now—the math doesn’t look good for them.

📈 2. Skyrocketing Rebuild Costs

Labor shortages, material price hikes, and supply chain issues have doubled or even tripled the cost to restore homes. That makes every claim more expensive to settle, which in turn makes insuring homes less profitable.

🏃 3. Exit Before the Fire Starts

Insurers have to protect their own solvency. Instead of fighting constant claims or battling for market share in high-risk zones, they simply retreat. And for many companies, that means pricing themselves out of consideration or withdrawing altogether.

“F-You Pricing” Is Real

We’ve seen quotes come in from formerly competitive insurers that are now 2–3X what State Farm or Allstate are quoting for similar homes. It's a polite way of saying:

“We don’t really want to insure your home, but if you insist, here’s the price.”

This tactic lets insurers remain “available” in Texas on paper—while signaling that they’re no longer interested in writing business here unless it’s outrageously profitable.

How It’s Impacting Homeowners

Less Choice = Less Leverage With only a few players left, homeowners are often forced to accept less favorable terms—higher deductibles, more exclusions, and tighter conditions.
Price Shopping Is Futile Comparing quotes used to save you hundreds. Now, it often just confirms that you’re stuck with one of two viable options.
Good Faith Claims Are Harder to Come By With fewer insurers competing for your loyalty, the overall customer experience and responsiveness can suffer.

What Homeowners Should Know

We’re not telling you which carrier to choose. But we are seeing a clear pattern:

Fewer insurers are willing to cover homes in North Texas.
Premiums are rising without a matching increase in service or coverage.
Insurers still here are becoming more selective about the homes—and roof conditions—they’ll cover.

If your policy is up for renewal or your rates just jumped, it’s not just you. It’s happening across the board.