Winter storm could cost Texas more money than any disaster in state history

The winter storm that left dozens of Texans dead, millions without power and nearly 15 million with water issues could be the costliest disaster in state history, potentially exceeding the $125 billion in damage from Hurricane Harvey.

The deadly 2017 hurricane devastated the Gulf Coast region. Last week’s winter storm impacted every region of the state, a reason why experts and officials are discussing the possibility of damage and cost exceeding those from Hurricane Harvey.

“All 254 counties will have been impacted in some way by the freeze,” said Lee Loftis, director of government affairs for the Independent Insurance Agents of Texas. “That is just unheard of.”