Popular QuestionsCommonly Asked Questions about Homeowners Insurance in Texas

How much does Texas home insurance cost? $1,893/year

On average, American homeowners pay $1,211 per year for their home insurance coverage. However, in Texas, the average annual premium is much higher at $1,893 a year, making this one of the most expensive states for home insurance in the country. Shopping around for the best price has the potential to save you hundreds of dollars a year.

Even though the cost of home insurance may seem like a lot of money, having this coverage is important because hazards like severe weather, wildfires, and property crimes can result in expensive losses for Texas homeowners who are not insured.

What can Texas home insurance do for me?

Your home insurance policy is designed to cover you against many of the hazards you are likely to face as a property owner in Texas. Whether you have been impacted by a hurricane, a house fire, or a rash of burglaries, you can gain peace of mind from knowing that a suitable Texas homeowners insurance policy can absorb your financial losses.

Let’s look at the coverage your Texas policy can provide:

Pays to repair or replace your home and your belongings

  • Example: An accidental fire in your kitchen spreads to the rest of the house and destroys your possessions as well as your home.

Pays for someone else's injuries or property damage when it's your fault

  • Example: A tree in your yard is dead and you plan to have it removed, but before you get to it, it falls onto your neighbor’s house and causes significant damage.

Pays for temporary living expenses when your home is damaged

  • Example: A tornado renders your house uninhabitable and you must stay in a hotel for a few weeks while repairs are made.
Will I actually use my Texas home insurance?

If you are lucky, you will never need to use your homeowners insurance. However, it's a good idea to have this coverage backing you up, especially in Texas where severe weather events are common.

Consider this: In 2016 alone, Texas property owners collected more than $7 billion in home insurance claims. That's a lot of unfortunate events happening in The Lone Star State!

How are Texas home insurance rates calculated?

Insurance companies calculate home insurance costs according to how valuable your property is and how likely it is that something bad will happen to it.

The higher the probability that a damaging event will affect your property, the more expensive your home insurance policy will be. These potential damaging events are called "risks” or “exposures.” Let’s take a look at how risky Texas is compared to the rest of the US.

Crime

The good news is that the overall burglary rate in Texas is a bit higher than the national average. This can have a negative influence on insurance rates if you live in a high-crime area of this state.

  • Average number of burglaries per 1,000 homes in the US: 3.76
  • Average number of burglaries per 1,000 homes in TX: 4.11

Of course, even with insurance backing you up, you will want to reduce your risk of being targeted for a burglary. Many insurance companies offer policy discounts if you have a burglar alarm, deadbolt locks, and other security features installed in your home.

Weather

Severe weather events, such as hurricanes and tropical storms, can wreak havoc on residential properties in this state. Be sure that your home insurance provides all the coverage you need before disaster strikes.

  • Number of federally declared disasters since 1953:  254
  • Most common causes of disasters in the state:  Fires, floods, and hurricanes
  • Average number of tornadoes per year in the state:  146.7
  • Amount paid in home insurance claims in 2016:  $7,247,618,000

Home Values

The size of your home can affect your home insurance rates, since larger homes tend to have more personal property inside them. The estimated cost to rebuild your home will also play a large role in how much your home insurance costs.

In Texas, the average home value is lower than the national average. However, in many of this state’s larger cities and their suburbs, properties values are significantly higher.

  • Average home value in the US: $188,900
  • Average home value in TX: $172,200
Are there any independent insurance agents in Texas?

Yes! There are currently 1,791 independent insurance agents in Texas who are ready to help. Did you know that independent insurance agents can work with several different insurance providers to find you the best rate for coverage? Working with these agents enables you to buy a policy that meets all your coverage needs at a price you can afford.

What is the best homeowners insurance company in Texas?

No single insurance company is “best” for everyone. That is why independent agents compare policies and rates from multiple companies to find you the coverage that is best able to meet your particular needs and budget.

InformationFind the Best Homeowners Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining home insurance costs. One of many factors is location. Crime rates, weather catastrophes and the overall cost of your home will also factor in to how much your home insurance will cost.

How does your city measure up to the national average?

  • National average home insurance cost : $1,211 / year
  • National average burglary rate per 1,000 homes: 3.76
  • National average home value: $188,900
CityAverage House ValueBurglary Rate per 1,000 HomesAvg. Cost of Home Insurance (Yearly)
Amarillo$131,4007.59$1,428
Arlington$167,8004.53$1,840
Austin$332,7004.67$3,117
Corpus Christi$141,3006.53$1,996
Dallas$190,6006.65$2,233
El Paso$127,7001.61$1,345
Fort Worth$169,4005.04$2,051
Garland$161,7004.65$1,952
Grand Prairie$164,0002.52$1,826
Houston$173,6006.96$2,355
Irving$187,7002.92$2,110
Laredo$136,4002.62$1,509
Lubbock$138,0008.98$1,518
Plano$329,5002.32$3,304
San Antonio$148,2005.92$1,901

Houston, TX Homeowners Insurance

The average monthly cost of home insurance in Houston is $196. Keep in mind, however, that homeowners insurance rates can vary from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home; the materials used in your house’s construction; the crime rate in your ZIP code; and even your credit score.

When hurricanes and tropical storms make landfall along the Gulf Coast, residents of Houston often experience heavy winds and torrential downpours. Sometimes these storms generate tornadoes in the area.

Although homeowners insurance will cover the damage caused by severe storms, it will not cover against any accompanying flood damage. Since flooding is a concern for many residents of this city, it is a good idea to supplement your home insurance with a flood insurance policy through the National Flood Insurance Program (NFIP). An independent insurance agent can show you how.

San Antonio, TX Homeowners Insurance

On average, property owners in San Antonio pay $158 a month for their home insurance. Of course, San Antonio is a big city, and some neighborhoods are more expensive than others when it comes to home insurance. Homeowners in Champions Ridge are likely to pay significantly higher rates than those in Leon Valley.  

Hailstorms can be a problem in San Antonio. In April 2016, this city has hit by one of the most damaging hailstorms in Texas history. Stones measuring up to 4-1/2 inches in diameter caused around $1.6 billion worth of damage to area homes, vehicles, and businesses.

If hail causes damage to your roof, windows, or siding, how will you pay for repairs? With San Antonio homeowners insurance, you can have peace of mind from knowing that your home can be returned to normal without you needing to face a large personal expense. 

Dallas, TX Homeowners Insurance

The average monthly cost of home insurance in Dallas is $186. Of course, what you may actually be expected to pay may differ from this amount depending on a number of factors. Your rate will be calculated according to such things as the size of your house, the crime rate and weather risks in your ZIP code, your claims history, and sometimes even your credit rating. 

One of the most common hazards faced by homeowners in Dallas is property crime. This city has one of the highest burglary rates in the state. Fortunately, your home insurance covers against property loss and damage to your house if you are the victim of a property crime like burglary or vandalism.

If your house is broken into, first make sure you and your family are safe and then call the authorities. You will need a copy of the police report when you file a claim. If needed, your local independent agent can assist you throughout the entire claims process. 

Austin, TX Homeowners Insurance

Homeowners in Austin pay an average of $260 a month for their home insurance. Of course, Austin has a lot of different neighborhoods and your house is not the same as every other in your ZIP code. While you and your neighbors may face the same crime and weather risks, your homeowners insurance premium is also based on factors like the size and value of your home, the age of your roof, your claims history, and the size of your deductible. Your quoted rate for home insurance may therefore be higher or lower than this average.

One of the most devastating things that can happen to a homeowner is a house fire. In addition to damaging the structure of your house, a fire can lead to the total loss of your personal belongings, including furniture, clothing, electronics, kitchenware, and family heirlooms. Fortunately, whether the fire is caused by an accident like an unattended candle or a wildfire tearing through the area, your home insurance has you covered.

Because fire can lead to a total loss, it is important that you make sure that your dwelling coverage is sufficient to enable you to rebuild your home and that your contents coverage is high enough to cover the cost of replacing your lost or damaged property. An insurance agent in Austin can help you review your coverage limits to ensure that they are at appropriate levels.

Fort Worth, TX Homeowners Insurance

The average monthly cost of home insurance in Fort Worth is $171. Because your homeowners insurance is completely customized according to details about you and your home, your monthly premium may be higher or lower than this average. Insurance companies consider your home’s size, value, location, and other factors when they calculate your monthly rate. 

Severe storms in Fort Worth have been known to cause significant damage to area homes. Whether due to lightning strikes, heavy winds, hail, or toppled trees, this damage can be extremely expensive to repair. Sometimes, area storms even generate tornadoes in the Fort Worth area, which can be particularly devastating.

Fortunately, your home insurance is likely to pick up the tab once your deductible is met. Talk to your local insurance agent to learn more about what your policy will and will not cover so that you can be certain that you are covered against any potential risks.