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Best Home Insurance in Texas 2022

Thinking about buying a home in Texas? You're not alone — the Lone Star State has seen an increase in Americans moving in from out-of-state. While Texans enjoy no statewide income tax and a growing economy, they are vulnerable to flooding, hurricanes and tornadoes. Costing an average of $1,050.06 per year for $250,000 in dwelling coverage, homeowners insurance is a great way to offset repair costs.

While price is certainly an important consideration, it isn't the only one. Our list of the best homeowners insurance in Texas can help you narrow your search for the right insurance carrier.

Best Home Insurance Companies in Texas

When choosing our top picks for homeowners insurance companies in Texas, we considered third-party scores, customer satisfaction and pricing. The insurance premiums listed below are based on homes with a dwelling value of $250,000.

Company

Best for

Score*

Farmers

Best for flexible coverage

813

Chubb

Best for high-value homes

801

USAA

Best for military families

882

State Farm

Best for customer satisfaction

835

*Companies were chosen based on reviews and JD Power scores out of 1,000.

Homeowners insurance is a great way to offset repair costs.

Best for Flexible Coverage: Farmers

Obtaining a homeowners policy through Farmers costs, on average, $1,295.48 per year for a $250,000 home. Farmers makes insurance shopping easy with their three base packages: Standard, Enhanced and Premier. Farmers' Standard package is ideal for new homeowners, offering just enough coverage at an affordable price. Upgrading earns you higher policy limits and additional coverage, such as guaranteed replacement cost coverage on your home with the Premier package. As your insurance needs evolve, Farmers makes it easy to adjust your coverages by upgrading or downgrading your plan.

  • Discounts: Bundle with another policy; security devices; non-smoker

Best for High-Value Homes: Chubb

Chubb costs $1,917.18 per year, on average, for a $250,000 home. However, Chubb shines for those who own high-value homes and expensive personal property too. Chubb's flood insurance coverage, for example, offers up to $15 million for total property coverage for your home and special valuables, like art, jewelry and collectibles. You'll also be eligible for up to $7,500 in additional living expenses when your home is being repaired after a flood.

  • Discounts: Bundle with another policy; security features; new or renovated house

Best for Military Families: USAA

USAA is a solid pick for military families, typically costing $2,821.55 per year for a $250,000 home. With the Lone Star State being home to almost one in every 12 U.S. service members and 15 active duty military installations, we know that  USAA is popular among Texans. Veterans and active military personnel enjoy several perks, such as zero deductibles when military uniforms or equipment are damaged under a covered claim. USAA also offers various homeowners insurance discounts, other types of insurance and services that include banking, credit cards, even home and auto loans.

  • Discounts: Bundle with auto insurance; home security systems; claims-free history

Best for Customer Satisfaction: State Farm

Homeowners can expect to spend $3,499.11 per year, on average, when getting Texas homeowners insurance through State Farm. While the cost is higher than average, State Farm is an insurance powerhouse with brand recognition and customer loyalty. Ranking among the top three for customer satisfaction in a 2021 JD Power U.S. home insurance study, State Farm's accolades speak volumes. 

  • Discounts: Bundle with another policy; home security systems; impact-resistant roofing

Cost of Homeowners Insurance in Texas

Texas homeowners insurance rates are $1,050.06 per year, on average, for a home with a $250,000 dwelling value. This figure will fluctuate by the individual policy after factoring your home's dwelling value, the county and more. We've highlighted these differences below.

Average Cost by Home Insurance Company

After surveying multiple insurance companies that underwrite policies in Texas, we observed a wide range in costs. The most affordable option was Texas Farm Bureau Group, costing $376.28 per year, on average, for a $250,000 value home — well below the state average of $1,050.06. At just $31.36 per month, this is one of the most affordable policies we've seen nationwide. Encompass ranked for the highest-cost average premium at $6,224.34. Generally, most premiums cost, on average, between $1,000 and $3,000.

While many insurance companies offer similar coverages, each may have their own methods when calculating premiums. The actual cost will vary per policyholder and will consider the home's value, location, as well as your claims history, deductible and more.

Company

Average Annual Premium

Texas Farm Bureau Group

$376.28

Bankers Insurance Group

$708.00

Farmers

$1,295.48

Republic Indemnity

$1,592.68

Chubb

$1,917.18

Mercury

$2,400.81

USAA

$2,821.55

American Strategic Insurance (ASI)

$2,955.17

Foremost

$3,421.60

State Farm

$3,499.11

Average Cost by Home Value

Your home's dwelling value can affect the cost of Texas homeowners insurance. Texans can expect to pay $703.04, on average, for a home with a $150,000 dwelling value. The average cost increases to $1,669.56 for a home with a $450,000 dwelling value.

Your home's dwelling value can affect the cost of Texas homeowners insurance.

Why does the price go up? Generally, the higher the cost of your home, the more it will cost to insure. High-value homes tend to have more square footage, resulting in a higher rebuild cost if it is completely destroyed.

average annual premium by dwelling value for Texas

Average Cost by County

We surveyed 192 counties and took the average of quotes for homes with a dwelling value of $250,000. Gonzales county had the lowest average premium ($615.96 per year). Hardeman county had the highest average premium ($1,979.88 per year).

County

Average Annual Premium

Anderson

$981.54

Andrews

$1,155.96

Angelina

$950.46

Aransas

$673.47

Archer

$1,958.64

Atascosa

$884.48

Austin

$827.04

Bandera

$756.56

Bastrop

$787.87

Baylor

$1,093.56

Bell

$813.52

Bexar

$875.93

Blanco

$824.40

Bosque

$1,198.90

Bowie

$1,205.86

Brazoria

$716.93

Brazos

$813.52

Brewster

$968.16

Brooks

$1,045.92

Brown

$1,185.90

Burleson

$831.90

Burnet

$791.83

Calhoun

$904.98

Callahan

$1,557.53

Cameron

$621.22

Camp

$1,006.38

Carson

$1,790.64

Cass

$1,200.13

Chambers

$577.85

Cherokee

$1,038.41

Clay

$1,779.84

Cochran

$1,574.64

Coleman

$1,382.45

Collin

$1,128.95

Colorado

$890.40

Comal

$696.15

Comanche

$1,248.60

Cooke

$1,554.00

Coryell

$756.09

Crane

$1,464.18

Crockett

$1,340.04

Crosby

$1,528.56

Dallam

$1,794.24

Dallas

$1,235.33

Dawson

$1,489.20

De Witt

$827.88

Deaf Smith

$1,615.20

Delta

$1,362.20

Denton

$1,097.70

Donley

$1,882.44

Ector

$1,447.61

Edwards

$918.60

El Paso

$639.63

Ellis

$1,037.89

Erath

$1,272.88

Fannin

$1,312.05

Fayette

$832.44

Floyd

$1,555.56

Fort Bend

$1,058.55

Franklin

$1,294.24

Freestone

$956.16

Frio

$835.20

Gaines

$1,549.86

Galveston

$769.91

Gillespie

$773.42

Gonzales

$615.96

Gray

$1,760.04

Grayson

$1,334.97

Gregg

$1,132.49

Grimes

$940.13

Guadalupe

$784.89

Hale

$1,541.40

Hamilton

$1,252.80

Hardeman

$1,979.88

Hardin

$1,114.12

Harris

$901.22

Harrison

$1,274.04

Haskell

$1,889.40

Hays

$711.57

Hemphill

$1,799.22

Henderson

$1,062.02

Hidalgo

$1,161.07

Hill

$1,181.82

Hood

$1,184.58

Hopkins

$1,111.32

Houston

$922.88

Howard

$1,575.75

Hunt

$1,314.51

Hutchinson

$1,761.60

Jack

$1,262.70

Jackson

$1,078.44

Jasper

$928.80

Jefferson

$938.29

Jim Hogg

$870.24

Jim Wells

$1,050.40

Johnson

$1,272.99

Jones

$1,768.92

Karnes

$738.60

Kaufman

$1,299.80

Kendall

$729.54

Kerr

$787.08

Kinney

$875.46

Kleberg

$896.14

Knox

$1,917.24

Lamar

$1,296.60

Lamb

$1,571.34

Lampasas

$730.35

Lavaca

$866.82

Lee

$852.90

Leon

$858.33

Liberty

$1,100.56

Llano

$805.56

Lubbock

$1,422.21

Lynn

$1,587.36

Madison

$977.16

Marion

$1,299.66

Matagorda

$716.40

Maverick

$903.36

Mcculloch

$1,398.36

Mclennan

$1,005.29

Medina

$849.54

Midland

$1,390.11

Milam

$890.92

Mills

$1,222.80

Mitchell

$1,708.37

Montague

$1,614.24

Montgomery

$874.57

Moore

$1,599.45

Morris

$1,287.08

Nacogdoches

$896.54

Navarro

$1,022.27

Newton

$800.16

Nolan

$1,757.73

Nueces

$804.79

Ochiltree

$1,893.18

Orange

$930.09

Palo Pinto

$1,582.99

Panola

$858.12

Parker

$1,243.69

Pecos

$659.64

Polk

$888.63

Potter

$1,707.73

Presidio

$1,069.80

Rains

$1,043.64

Randall

$1,708.84

Real

$960.60

Red River

$1,204.32

Reeves

$1,219.20

Refugio

$674.72

Robertson

$889.80

Rockwall

$1,108.56

Rusk

$997.20

Sabine

$968.58

San Augustine

$961.32

San Jacinto

$939.49

San Patricio

$820.07

Scurry

$1,512.24

Shelby

$975.30

Smith

$1,025.77

Somervell

$1,165.68

Starr

$887.76

Stephens

$1,536.36

Sutton

$1,315.20

Tarrant

$1,294.82

Taylor

$1,473.55

Terry

$1,525.44

Titus

$1,273.37

Tom Green

$1,572.38

Travis

$787.34

Trinity

$1,009.50

Tyler

$922.64

Upshur

$1,260.00

Uvalde

$936.76

Val Verde

$916.80

Van Zandt

$1,304.54

Victoria

$1,056.91

Walker

$1,003.80

Waller

$925.80

Washington

$860.52

Webb

$855.71

Wharton

$1,109.81

Wichita

$1,831.05

Wilbarger

$1,782.24

Willacy

$771.60

Williamson

$735.15

Wilson

$739.71

Winkler

$1,458.52

Wise

$1,438.16

Wood

$1,352.57

Yoakum

$1,146.60

Young

$1,664.50

Zapata

$944.10

Compare Home Insurance Rates in Texas

Homeowners Insurance in Texas

Most home insurance policies will protect your home and personal belongings against most perils (e.g., fire, theft, falling objects, vehicular damage) and will have personal liability coverage. However, Texans are vulnerable to floods, hurricanes and tornadoes, which are NOT covered by standard homeowners insurance policy or may have a separate deductible.

Below, we've summarized the basic home insurance coverage options plus some policies worth considering.

Coverage

Description

Dwelling

Pays for the build cost of your home if it is damaged or destroyed under a covered claim. Standard homeowners insurance protects against most perils, including windstorms, fires and falling objects. Earthquake and flood damage is optional coverage and not included.

Additional structures

Coverage applies to structures separate from your home (e.g., fences, detached garages, sheds). Typically the same coverage as dwelling.

Personal property

Pays to replace your belongings when damaged or stolen. Standard personal property coverage typically only applies to specific perils listed in your policy and will only pay at actual cash value (item's value, minus depreciation)..

Liability

Covers legal fees when you're sued for injuries or property damages another individual suffered while on your property.

Medical payments (optional)

Pays for medical expenses of other people when they are injured on your property. Coverage doesn't extend to yourself (health insurance would apply in that case).

Loss of use

Pays your additional living expenses, like food and room fare, when you're temporarily displaced from your home due to a covered claim (e.g. your home is being repaired after a fire).

Flood damage (separate policy)

Pays for damages to your property due to a flood. You must purchase a separate policy, as it is not typically included with standard homeowners insurance.

Hurricane (separate policy or deductible)

Since Texas is vulnerable to hurricanes, homeowners will typically need to buy an additional policy or pay a deductible to receive coverage.

Tornado

Generally, tornadoes are covered under the "windstorm" coverage of standard homeowners insurance. Still, you'll want to double-check with your insurance provider if tornado coverage requires an additional deductible or separate policy.

What Texas Homeowners Need To Know

Whether you're moving to the Lone Star State from out-of-state or upgrading from an apartment to owning a home, there are a few things Texas homeowners should consider. Specifically, homeowners are especially vulnerable to the elements and insurance policies go by a different name in Texas.

Floods and Tornadoes

Floods are the most common disaster in Texas. Your mortgage lender may require you to purchase a flood insurance policy if your home is located in a designated flood zone — an area with a 1% chance of being flooded in any given year. Generally, the coast and Flash Flood Alley (a band of land stretching through Central and North Texas) are susceptible to flood damage. 

Floods are the most common disaster in Texas, and a flood insurance policy must be purchased separately.

However, you may still want to consider flood coverage if you're outside of a designated flood zone. More than half of the homes flooded after Hurricane Harvey, for example, were outside designated flood zones and many people were uninsured.

Texas experiences an average of 132 tornadoes each year. Your home's physical structure could face intensive repairs if it is not properly fortified against tornadoes. Here are a few ways to mitigate windstorm damages:

  • Install permanent storm shutters for your windows or board them with plywood when a storm is approaching.

  • Install clips to fasten your roof to your dwelling structure.

  • Keep shrubs and trees trimmed to prevent damage from falling branches.

  • Unclog your rain gutters.

  • Reinforce your garage doors with wood or metal stiffeners.

  • Anchor large or heavy furniture to a wall or the ground.

  • Designate a safe room for tornadoes (e.g., basement or a room with no windows).

Same Policies, Different Name

If you're moving to Texas from out-of-state, you might learn that homeowners policies are referred to differently in Texas. Typically, homeowners insurance is known as HO-1, HO-2, HO-3 and HO-5 policies. On the other hand, Texas homeowners insurance policies are called respectively:

  • HO-A: The most limited form of coverage (rarely offered).

  • HO-A+: More coverage than HO-A but less than an HO-B policy the equivalent of an HO-2 homeowners insurance.

  • HO-B: Standard homeowners insurance with coverages common to most homeowners.

  • HO-C: Most comprehensive homeowners insurance with wider coverage and higher limits. 

How To Find Home Insurance in Texas

Texas homeowners can purchase insurance policies from national and local insurance companies. National insurance providers are common choices because they typically are more likely to have the financial strength to fulfill claim payouts. However, a local insurance company can offer the personalized experience that some policyholders prefer.

Flood Insurance

Flood insurance policies are available through most major carriers and typically costs $700 per year and will cover your home up to $250,000. Keep in mind that you will likely need to purchase flood insurance for your personal belongings separately, which typically provides coverage up to $100,000 for your things.

Quick tip: If you have plans to buy a flood insurance policy, get it asap. Most flood insurance policies have a 30-day waiting period and you don't want to be caught in a storm still waiting for coverage to kick in.

Texas Homeowners Insurance FAQs

What is the average cost of homeowners insurance in Texas?

The average cost of homeowners insurance in Texas is $1,050.06 for a $250,000 home. Keep in mind that actual pricing will vary by the policyholder's home value and location, claims history, deductible and more.

What are the cheapest home insurance companies in Texas?

Our research showed that the cheapest homeowners insurance options in Texas were Texas Farm Bureau Group ($376.28/year, on average) and Bankers Insurance Group ($708/year, on average).

What do I need to get homeowners insurance in Texas?

To provide you with an accurate home insurance quote, insurance companies will typically require information about your home (e.g., year it was built, size, number of full-time occupants). You may also be asked about your claims history and prior insurance carrier(s). Beyond standard coverage, you may also need to obtain quotes on tornado, hurricane and flood insurance.

What is the most common homeowners policy in Texas?

HO-3 policies (called HO-B policies in Texas) are the most common form of homeowners insurance, offering basic coverage for your dwelling and personal belongings. Upgrading to HO-5 (HO-C in Texas) will provide higher coverage limits and will pay to replace your personal belongings at replacement cost value.

Why is homeowners insurance so expensive in Texas?

Texans are exposed to a wide range of natural disasters, including floods, tornadoes and hurricanes. Home insurers typically raise insurance premiums to offset these increased risks.

Find the Best Homeowners Insurance in Texas

As the second-largest state in the U.S., Texas is famous for its barbeque, hot weather and the Alamo. However, it's also quite known for its tornadoes, hurricanes and floods so homeowners need the right protection from the right insurance provider. Smart Financial is helping Texas homeowners choose the best coverage at the lowest prices. Compare quotes and coverages from 200+ insurance carriers for free. Just enter your zip code below and answer a few questions.

Get a Free Home Insurance Quote Online Now.