Best Home Insurance in Texas 2024
Best overall home insurance company in Texas: Chubb
A++
Below average
$3,495/yr
Pros
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.
Provides replacement cost coverage for your belongings and will replace appliances based on the same or newest model available.
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.
Cons
Received a below-average customer satisfaction score from J.D. Power.
Texas Farm Bureau, Chubb and USAA are some of the best home insurance companies in Texas due to their rates, coverage options and customer service. Texas Farm Bureau is the cheapest home insurance company in Texas with an average rate of $3,474 a year.
Cheapest home insurance companies in Texas
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.
| Company | Annual rate | J.D. Power customer satisfaction | LendingTree score |
|---|---|---|---|
| Best overall: Chubb | $3,495 | 801 (Below average) | |
| Best local home insurance: Texas Farm Bureau | $3,474 | - |  |
| Best for military and customer service: USAA | $3,850 | 881 (Excellent) | |
| Best for customer service: State Farm | $5,674 | 829 (Above average) | |
| Farmers Insurance | $4,856 | 800 (Below average) | |
| Allstate | $5,858 | 809 (Average) | |
| Nationwide | $6,800 | 812 (Average) | |
| Travelers | $7,432 | 790 (Poor) | |
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.
How much is home insurance in Texas?
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.
Texas homeowners insurance rates by county
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. Your rates may vary. 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
Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third party customer service ratings, and app / website experience. We weighted these categories based on what customers value in an insurance company.
For 3rd party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.