Texas business owner on cost of living: ‘The state of Texas is out of control’

Paige Red, Business Owner and Conservative Activist based in Houston, Texas - X
Paige Red, Business Owner and Conservative Activist based in Houston, Texas - X
0Comments

Paige Red, a business owner based in Houston, has expressed concerns about the rising costs of property taxes, insurance, and general living expenses in Texas. “The statement was made on X.”

“The state of Texas is out of control,” said Red. “We pride ourselves because we don’t have a state income tax. Because of property tax increases, homeowners insurance, car insurance, and the overall cost of living, Texans will have to make hard choices. It’s not sustainable.”

Texas does not levy a personal state income tax, which is often highlighted as a significant economic advantage for its residents. However, the state relies heavily on property taxes and sales taxes to fund public services, contributing to increasing living costs. According to the Tax Foundation, Texas ranks sixth in the nation for the highest property tax rates.

The average cost of full coverage car insurance in Texas was $2,019 per year as of 2024, surpassing the national average of $2,014. Texans pay approximately 13% more than the national average for minimum coverage policies. Rising rates are attributed to factors such as increased vehicle repair costs and more frequent extreme weather events.

A 2022 report on Texas tort reform found that commercial auto liability litigation costs increased by over 118% from 2015 to 2020, significantly impacting insurance premiums. The report also noted that an increase in lawsuit frequency and “nuclear verdicts” contributed to rising costs for businesses and insurers. Ongoing tort reform efforts aim to address the surge in litigation and its effects on insurance markets.

Red is a Houston-based business owner who identifies as an “America First” and “Constitutional Conservative” activist. She joined X (formerly Twitter) in 2019 and has more than 9,000 followers. Red frequently posts about Texas politics, conservative values, and local issues.



Related

David Venables, Commentator for X

Disaster recovery consultant: Wildfire survivors say California insurance commissioner ‘failed them’

Wildfire survivors in California face challenges securing affordable home insurance due to increased risk assessments by carriers.

Patrick Wolff, Insurance Commissioner Candidate for State of California

Insurance comm. candidate Wolff: ‘California needs an Insurance Commissioner with real expertise’

Patrick Wolff, a candidate for California insurance commissioner, has said that the state requires an insurance commissioner with substantial industry expertise as officials consider reforms aimed at enhancing insurance affordability and…

Dave Kerner, Executive Director of the Florida Department of Highway Safety and Motor Vehicles (FLHSMV)

Intelligent Insurer: Billboard lawyer ads, social inflation tied to $100B rise in U.S. auto claims

Intelligent Insurer has reported that analyses from the Insurance Information Institute and the Casualty Actuarial Society indicate attorney advertising and social inflation have increased U.S. personal and commercial auto liability claims by…

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Insurance Rate Review.