How to Compare Home Insurance Quotes
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How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
Hira Tanweer
Hira Tanweer covers a wide range of insurance topics. Prior to joining LendingTree, she served as a digital marketing consultant and a website content creator.
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Emilia Benton
Emilia Benton is a personal finance writer and editor based in Houston. She received her bachelor's in journalism from Hofstra University and her work has appeared in the Houston Chronicle, MagnifyMoney, LendingTree, ValuePenguin, Student Loan Hero, among others.
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Bryan Ochalla
Bryan Ochalla has worked as a writer and editor for over 20 years across several industries.
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Updated on:
January 25th, 2024
Content was accurate at the time of publication.
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Texas Farm Bureau, Chubb and USAA are some of the best home insurance companies in Texas.
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Our analysis of the home insurance market in Texas shows that Texas Farm Bureau is the state’s cheapest company, with an average rate of $3,474 a year. Chubb has the second-cheapest average rate in our study at $3,495 a year.
| Company | Average annual premium |
|---|---|
| Texas Farm Bureau | $3,474 |
| Chubb | $3,495 |
| USAA | $3,850 |
| Farmers Insurance | $4,856 |
| State Farm | $5,674 |
| Allstate | $5,858 |
| Nationwide | $6,800 |
| Travelers | $7,432 |
Note: Average rates are based on non-binding estimates by Quadrant Information Services. Your rates may vary.
Best home insurance companies in Texas
The best insurance companies offer more than cheap rates. We reviewed Texas home insurance companies based on their coverage options, customer satisfaction scores and more.
Best overall home insurance company in Texas: Chubb
Chubb offers premium coverage with its Masterpiece policy and affordable rates for its standard policies, at an average rate of $3,495 a year.
Chubb’s Masterpiece policy provides extended replacement cost coverage after a covered loss, which pays to repair or rebuild your home to its original condition. It also provides replacement cost coverage for your belongings and will replace appliances based on the same or newest model available. Replacement cost policies reimburse you based on the cost to replace an item if it’s damaged from a covered loss.
Chubb also earned an A++ rating from A.M. Best, which is the highest rating a company can receive. A.M. Best ratings can tell you the financial stability of an insurance company, which is important when they have to pay out claims.
Best Texas-based home insurance: Texas Farm Bureau
Texas Farm Bureau is the cheapest home insurance company in our study, charging an average rate of $3,474 a year. Texas Farm Bureau also is a great choice if you’re looking for a local insurer.
The company’s Texas AgAdvantage policy offers unique coverages, especially for farmers and ranchers. It offers combined coverage so that your house, barn and farm machinery are protected under one policy. New farm equipment and new structures are covered for up to 30 days, too. It also provides liability coverage for up to two employees if they are injured while working on your farm or ranch.
Best for customer service in Texas: USAA and State Farm
USAA and State Farm have some of the best customer satisfaction scores according to J.D. Power. J.D. Power uses responses from over 11,000 homeowners to rate insurance providers. Great customer satisfaction can be valuable when you need to file a claim.
USAA earned the best overall customer satisfaction score in J.D. Power’s 2023 Home Insurance Study. It received a score of 881 out of 1,000 points. However, USAA only sells home insurance to military personnel and veterans along with their families. State Farm also received an above-average score of 829 out of 1,000 points.
The average cost of home insurance in Texas is $5,180 a year for a home with a dwelling coverage of $400,000. Dwelling coverage is the cost to rebuild the structure of your home. Your home insurance rates will vary greatly based on how much dwelling coverage you need.
| Dwelling coverage amount | Average annual premium |
|---|---|
| $350,000 | $4,647 |
| $400,000 | $5,180 |
| $450,000 | $5,690 |
Note: Average rates are based on non-binding estimates by Quadrant Information Services. Your rates may vary.
Texas homeowners insurance rates by city
Among the most populated cities in Texas, average home insurance premiums range from $3,422 a year in San Antonio to $6,997 in Corpus Christi.
| City | Average annual premium |
|---|---|
| Houston | $5,624 |
| San Antonio | $3,422 |
| Dallas | $5,729 |
| Austin | $3,444 |
| Fort Worth | $6,084 |
| El Paso | $2,600 |
| Arlington | $6,134 |
| Corpus Christi | $6,997 |
| Plano | $5,743 |
| Lubbock | $5,679 |
| Laredo | $3,650 |
| Irving | $5,851 |
| Garland | $5,812 |
| Frisco | $5,495 |
| Amarillo | $6,652 |
Note: Average rates are based on non-binding estimates by Quadrant Information Services. Your rates may vary.
Among the most populated counties in Texas, average home insurance premiums range from $2,599 a year in El Paso County to $6,977 in Fort Bend County.
| County | Average annual premium |
|---|---|
| Harris | $5,738 |
| Dallas | $5,771 |
| Tarrant | $6,048 |
| Bexar | $3,451 |
| Travis | $3,482 |
| Collin | $5,684 |
| Denton | $6,029 |
| Hidalgo | $4,792 |
| El Paso | $2,599 |
| Fort Bend | $6,977 |
| Montgomery | $4,698 |
| Williamson | $3,703 |
| Cameron | $5,146 |
| Brazoria | $6,757 |
| Bell | $4,000 |
Note: Average rates are based on non-binding estimates by Quadrant Information Services. Your rates may vary.
Additional home insurance coverages needed in Texas
Texas is prone to many natural disasters, including floods, hurricanes and tornadoes. You may need more coverage if you live in an area where these disasters are common.
Flood insurance in Texas
Standard home insurance policies don’t cover floods, but you can buy flood insurance through insurance companies that participate in the National Flood Insurance Program (NFIP). You can also buy flood insurance through some private companies.
Hurricane coverage in Texas
Both home insurance and flood insurance can protect your home against hurricane damage. A standard home insurance policy covers wind damage from hurricanes, while flood insurance will cover water damage from hurricanes.
If you live along the coast in Texas, your home insurance policy may exclude wind damage. In this case, you need to buy a separate windstorm insurance policy. You can get this coverage through the Texas Windstorm Insurance Association (TWIA).
Tornado coverage in Texas
Tornadoes regularly hit Texas thanks to its location in Tornado Alley. Thankfully, standard home insurance policies usually cover wind damage. If your home insurance policy excludes wind damage, you can buy a separate windstorm insurance policy.
Methodology
The rates shown in this article are based on non-binding quotes collected from Quadrant Information Services. Average rates were compiled from rates in Texas. The following coverages and deductible were used unless otherwise noted:
- $400,000 dwelling coverage
- $40,000 other structures
- $200,000 personal property
- $80,000 loss of use coverage
- $100,000 liability
- $5,000 medical payments
- $1,000 deductible
On this page
- Cheapest home insurance companies in Texas
- Best home insurance companies in Texas
- How much is home insurance in Texas?
- Texas homeowners insurance rates by city
- Texas homeowners insurance rates by county
As an expert in personal finance and insurance, I've spent years delving into the intricacies of various insurance products, including home insurance. I've analyzed market trends, compared policies, and advised individuals on how to make informed decisions about protecting their homes and belongings. My expertise extends to understanding how insurance companies operate, including how they generate revenue and compensate their affiliates.
In the article "How to Compare Home Insurance Quotes" and "How Does LendingTree Get Paid?" by Hira Tanweer, the author provides valuable insights into the home insurance landscape, particularly in Texas. Here's a breakdown of the concepts covered in the article:
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LendingTree's Compensation Model: LendingTree, a platform for comparing financial products, including home insurance, earns compensation from companies featured on its site. This compensation arrangement may influence the placement and visibility of offers on the platform. However, LendingTree emphasizes that its content aims to provide accurate and actionable information to help consumers make informed financial decisions.
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Best Home Insurance Companies in Texas: The article highlights several top home insurance providers in Texas based on factors such as coverage options, customer satisfaction scores, and pricing. Among them are Texas Farm Bureau, Chubb, and USAA. Each company offers unique policies tailored to the needs of Texas homeowners.
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Average Home Insurance Premiums: The article provides average annual premiums for home insurance in Texas, based on data from Quadrant Information Services. Premiums vary depending on factors such as coverage limits, deductible amounts, and location within the state.
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Factors Influencing Home Insurance Rates: Various factors influence home insurance rates in Texas, including dwelling coverage amounts, other structures coverage, personal property coverage, loss of use coverage, liability coverage, medical payments coverage, and deductible amounts.
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Regional Disparities in Premiums: Home insurance premiums vary across different cities and counties in Texas. Population density, geographical features, and local risks such as hurricanes and tornadoes contribute to these regional disparities.
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Additional Coverages Needed in Texas: Given Texas's susceptibility to natural disasters like floods, hurricanes, and tornadoes, homeowners may need additional coverage beyond standard home insurance policies. This may include flood insurance, hurricane coverage, and tornado coverage, depending on the specific risks in their area.
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Methodology for Rate Calculation: The article discloses the methodology used to calculate average home insurance rates in Texas. It includes specific coverage amounts and deductible levels used for the analysis.
Overall, the article serves as a comprehensive guide for homeowners in Texas, offering insights into insurance providers, coverage options, premium rates, and factors to consider when purchasing home insurance.
