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HB 5519

Relating to rates for residential property insurance and personal automobile insurance.

89th Legislature (2025) Introduced by Trey Martinez Fischer

HB 5519 regulates residential property and auto insurance rates in Texas to address affordability concerns amid market disruptions.

Left pending in committee
#insurancerates(s0525) #insurance #commissionerof(v0396) #texasdepartmentof(v0006) #insurance--motorvehicles(i0435) #insurance--property&casualty(i0442)
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WeVote Research Nonpartisan
Bill Summary · HB 5519

Legislative bill overview

HB 5519 addresses rate-setting mechanisms for residential property insurance and personal automobile insurance in Texas. The bill, introduced by Rep. Trey Martinez Fischer, recently underwent committee consideration with a substitute version, though specific rate provisions are not detailed in the available action summary.

Why is this important

Insurance rates directly affect household affordability and access to required coverage. Texas has experienced significant insurance market volatility, with major carriers exiting the market and rates increasing substantially, making rate regulation legislation consequential for consumers and the insurance industry alike.

Potential points of contention

  • Rate increase limitations vs. market viability: Restrictions on rate increases could improve affordability but may discourage insurers from operating in Texas or covering high-risk policies
  • Regulatory oversight scope: Questions about whether the state should have stronger rate approval authority versus allowing market-driven pricing
  • Coverage availability trade-offs: Stricter rate regulations might reduce insurer participation, potentially limiting consumer choice and forcing more people into the state insurer of last resort (FAIR plan)

Compiled from official sources — confirm details with the bill’s official record.

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