What percentage of homeowners policies make up the TFPA policies?

The percentage of homeowners policies that make up the Texas Fair Plan Association (TFPA) policies is indeed 49%. This figure is significant because it highlights the proportion of homeowners in Texas who may rely on the TFPA as a result of being unable to find coverage in the standard insurance marketplace. The TFPA serves as an essential safety net for high-risk homeowners, providing an alternative option for those who might be underrepresented or denied conventional coverage due to factors such as location, property condition, or past claims history. Understanding this percentage is critical for adjusters, as it reflects the market conditions and the importance of the TFPA in ensuring access to insurance for homeowners in areas where traditional coverage may be limited.