• 1930 E Rosemeade Pkwy Ste 215 Carrollton, TX 75007
  • 972-394-2000

Maintaining the Regulations of the Texas Homeowner’s Insurance market

Your home is usually the biggest investment that you have. To protect your investment, having reliable homeowner’s insurance is essential to your financial well-being.

When you combine the diversity in size and geography of Texas with the variable climate of the state, it presents a challenge for insurance policy holders and insurers alike – the affordability and availability of homeowner’s insurance can vary dramatically from the piney woods of the east to the panhandle to the Gulf coast.

The Texas Department of Insurance (TDI) regulates the insurance industry in Texas. This state agency has regulations that govern the homeowner’s insurance market through:

  • Financial oversight/solvency of companies
  • Licensing of companies and agents
  • Claims handling oversight & enforcement of the law
  • Form/policy review & approval
  • Consumer assistance & complaint resolution
  • Fraud investigation
  • Rate review

The Texas Department of Insurance’s goal is to regulate the industry diligently and fairly, while promoting a competitive and stable marketplace that ensures that homeowners have access to a wide range of insurance choices at fair prices. They maintain a website with information about shopping for homeowner’s insurance.

For more information about how the Texas Department of Insurance’s regulations benefit homeowners, or for any insurance-related question, contact the Mike Leonard Insurance Agency.

At Mike Leonard Insurance Agency, our goal is to serve our clients with comprehensive personal insurance solutions at affordable prices. Because we are an independent agency, we are able to prioritize our clients' needs without having to worry about confounding factors such as commissions or overhead costs.