Average homeowners insurance cost in Texas

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Whether you’re buying a new home or want to protect the property you currently own, it’s important to have sufficient homeowners insurance coverage in place. However, home insurance policies can get expensive, depending on your insurer and the coverage level you choose.

On average, Texas homeowners insurance costs $3,844 a year, based on Insure.com’s data.

Learn more about the average homeowners insurance rates by company and ZIP code in Texas.

Key Takeaways

Homeowners insurance costs an average of $3,844 a year, based on Insure.com analysis.
Of all the ZIP codes in Texas, 79905 has the most affordable home insurance rates at around $2,017 annually.
In Texas, State Farm provides the most affordable home insurance at an average annual premium of $3,718.

Average home insurance cost in Texas by coverage level

The average cost of homeowners insurance in Texas is $3,844 per year for the coverage limits of $300,000 dwelling coverage and $100,000 liability with a $1,000 deductible.

However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $4,736 per year for homeowners insurance in Texas for $100,000 in liability protection and $1,000 deductible. Below, you can find the average cost of homeowners insurance in Texas for dwelling coverage of $300,000, $400,000 and $500,000.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$2,944	$245
$200,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$2,951	$246
$300,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$3,844	$320
$300,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$3,851	$321
$400,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$4,736	$395
$400,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$4,744	$395
$600,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$6,794	$566
$600,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$6,804	$567
$1,000,000 with $1,000 Deductible and $100,000 Liability and 2% Deductible	$10,459	$872
$1,000,000 with $1,000 Deductible and $300,000 Liability and 2% Deductible	$10,469	$872

Homeowners insurance companies in Texas decide rates based on risk. They consider your location, claims history, credit history and coverage limit when calculating premiums.

If your neighborhood has seen many claims over the past few years, you can expect to pay higher home insurance rates than an area with few to no claims. Your credit score can also play a role in determining your home insurance costs.

According to S&P Global Market Intelligence’s RateWatch application, the average homeowners insurance premium for owner-occupied homes nationwide increased by over 11% in 2023.

Best homeowners insurance companies in Texas

Before purchasing homeowners insurance, it’s important to compare rates and explore your options. Several factors play a role in choosing the best homeowners insurance company for your specific needs.

We evaluated insurance companies in Texas based on their NAIC scores and AM Best ratings to create a list of the top homeowners insurance providers in the state. Our findings show that State Farm received the lowest NAIC score and A++ rating from AM Best. A lower NAIC score indicates fewer complaints relative to the company’s size, suggesting higher customer satisfaction.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
State Farm	$3,718	A++	0.95	5
Farmers	$3,860	A	0.54	4.82
Nationwide	$5,483	A+	0.87	3.89
Progressive	$4,085	A+	8.45	3.46

Average homeowners insurance cost by company in Texas

State Farm offers the most affordable homeowners insurance in Texas, at an average annual premium of $3,718, followed by Farmers and Progressive.

You can save hundreds — if not thousands — of dollars each year if you shop around for homeowners insurance.

Here are the average annual and monthly insurance rates for Texas homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1,000 deductible.

Company	Average annual rate	Average monthly rate
State Farm	$3,718	$310
Farmers	$3,981	$332
Progressive	$4,318	$360
Nationwide	$5,708	$476
USAA*	$3,311	$276

*USAA is only available to military community members and their families.

Texas homeowners insurance rates by ZIP code

Insurance providers in Texas factor in the risk of a given location when determining rates. ZIP codes with higher crime rates or frequent natural disasters are typically classified as high-risk, leading to increased premiums. Additionally, the cost of rebuilding or repairing homes in that area can affect your homeowners insurance costs.

To get the best deal on homeowners insurance rates in Texas, take the time to shop around and compare quotes from multiple insurers. Additionally, don’t forget to ask about potential discounts, like bundling policies or a smart home discount.

Most affordable ZIP codes for home insurance rates in Texas

Homeowners insurance costs in Texas can vary widely by location, with your ZIP code being a key factor in determining your rate. Based on our data, the the 79905 area has the most affordable insurance rates, at $2,017 annually or $168 monthly.

Below are the homeowners insurance rates for the most affordable ZIP codes in Texas.

ZIP code	Average annual rate	Average monthly rate
79905	$2,017	$168
79915	$2,022	$169
79907	$2,032	$169
79925	$2,040	$170
79938	$2,044	$170
79836	$2,050	$171
79927	$2,052	$171
79928	$2,057	$171
79903	$2,066	$172
79936	$2,073	$173

Most expensive ZIP codes for home insurance rates in Texas

Your ZIP code plays a significant role in determining the cost of your homeowners insurance. In Texas, some areas face higher premiums due to factors like high crime rates, greater risk of natural disasters and higher living expenses.

In Texas, 77586 has the highest homeowners insurance rates, at $14,018 per year.

Here, we’ve highlighted some of the most expensive ZIP codes in Texas for homeowners insurance:

ZIP code	Average annual rate	Average monthly rate
77586	$14,018	$1,168
77550	$13,495	$1,125
77551	$12,719	$1,060
77554	$12,541	$1,045
77590	$11,384	$949
77507	$11,307	$942
77650	$10,872	$906
77571	$10,693	$891
77623	$10,567	$881
77617	$10,391	$866

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Texas by city

See rates in your city

Home insurance rate trend in Texas

We analyzed home insurance rate trends in Texas and found that homeowners insurance rates experienced an overall increase of 13% or $433, from 2022 to 2023.

The following data highlights the changes in homeowners insurance rates since 2019.

2019 rates	2022 rates	2023 rates
$3,511	$3,411	$3,844

Finding the right homeowners insurance requires thorough research and comparing rates from different insurers, as each has its own way of assessing risk. By gathering quotes from at least three companies, you can increase your chances of getting the most affordable coverage in Texas.

Resources & methodology

Source

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed September 2024.

Methodology

Insure.com worked with Quadrant Information Service to get homeowners insurance data. We analyzed 20,739,560 insurance quotes from 82 national and regional insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$100,000 liability protection
$1000 deductible

We have taken into account 3 important factors such as average annual cost, NAIC score and AM Best rating, to determine the list of best homeowners insurance companies. The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.