Texas Insurance Crisis Gets Bad News

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The recent damage from Beryl could mean affordable insurance is even more difficult to obtain in the Lone Star state.

Texans have been facing a home insurance crisis that is only likely to escalate in the days after Hurricane Beryl, experts told Newsweek.Hurricane Beryl first entered Texas in Matagorda on Monday morning as a Category 1 hurricane after moving throughout the Caribbean. The hurricane persisted throughout Texas with strong winds and rain, and it has already been linked to the deaths of 11 people in the Caribbean and six people in Texas.

It's still the beginning of the hurricane season, which began on June 1 and usually ends in December. Previously, meteorologists predicted a season of especially strong hurricanes due to uncharacteristically high sea surface temperatures as well as El Niño's transition into La Niña.Giusti said roofs are likely to be of increasing concern on the Texas home insurance front.

 

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