News
The Solution
The Solution Competition and Consumer Standing To help lower prices of title insurance, Texas must provide greater flexibility and competition to the rate regulatory system. The state should also give citizens a full voice in the process by providing standing to the public at rate hearings, as… Read More →
Why It Matters
Why It Matters Allowing for no competition, this single rate system for title insurance provides no opportunity for insurers to innovate and offer lower rates. Even if a consumer wanted to shop around, which they can do for almost any other product, Texas law prohibits any rate… Read More →
The Problem
The Problem Title Insurance Prices Are Too High Texas has among the highest rates of title insurance in the nation. Unlike almost every other state, Texas’ title insurance system is rigidly anti-consumer and allows for no competition. Texas sets a single fixed rate for title insurance and… Read More →