Which program serves as the last resort for wind and hail coverage in certain Texas counties?

The Texas Windstorm Insurance Association (TWIA) serves as the last resort for wind and hail coverage in specific coastal counties of Texas that may face challenges obtaining coverage from the private insurance market. This program was established to provide insurance protection against damages caused by windstorms and hail, specifically in areas that are prone to such natural events, including those along the Gulf Coast.

TWIA plays a crucial role in ensuring that homeowners and property owners in vulnerable regions have access to necessary insurance coverage when private insurers either refuse to provide it or charge prohibitively high premiums. The association is a necessary safety net, particularly for residents living in areas that experience a high likelihood of severe weather events. By offering this coverage, TWIA helps protect property owners from potential financial ruin due to devastating wind and hail damage.

In contrast, other options such as the National Flood Insurance Program focuses on flood damages, the Farm and Ranch Owners Policy is tailored for agricultural properties, and the Public Adjuster Program involves claims assistance rather than insurance provision. Thus, the TWIA is uniquely positioned to fill the gap for wind and hail insurance specifically in certain Texas coastal counties.