Welcome to Texas, also known as the Lone Star State, where hospitality and resilience thrive! When it comes to protecting your most valuable asset—your home—in the vast expanse of Texas, you need the peace of mind that comes with the best home insurance coverage.
Whether you reside in the bustling metropolis of Houston, the vibrant cultural hub of Austin, or the serene landscapes of the Hill Country, safeguarding your beloved abode against the unexpected is essential.
According to the United States census bureau, there are approximately 12 million homes in the state of Texas in 2022. The number has the potential to increase each year. Furthermore, there are about 5978 domestic insurance companies in the United States in 2021. However, 412 of these insurance companies are in Texas.
The U.S. Census Bureau data revealed that approximately 26.6% of non-metro homeowners are uninsured. The survey also revealed that 11% of homes in metropolitan areas with a principal city are uninsured. Furthermore, 10.2% of homes in metropolitan areas without principal cities do not have homeowner’s insurance.
With these findings, it is obvious that homeowners insurance has a potentially large market in Texas. You can take advantage to insure your home before unforeseen issues arise.
This article gives a comprehensive overview of the best homeowners insurance options in Texas. From renowned providers offering customized policies to factors to consider when selecting coverage that suits your unique needs, we've got you covered, just like a sturdy roof shields you from the unpredictable Texas weather.
Best Home Insurance in Texas
We came up with the list of the best homeowners insurance in Texas after our team did a thorough investigation on the insurance companies offering home insurance in Texas. We didn't receive money from insurance companies to put them on our article.
Here are 10 best homeowners insurance companies in Texas (in no particular order):
1. State Farm Insurance
We interviewed a few Dallas residents and asked them about the homeowner's insurance providers they use. The majority said they bought their home insurance policy from State Farm Insurance.
State Farm is a leading provider of home insurance in Texas. They offer various coverage options, including protection for your dwelling, personal belongings, liability, and additional living expenses. State Farm provides 24/7 customer support and has a network of local agents throughout Texas who can assist you with policy inquiries and claims.
If you want to buy a homeowners insurance policy, Visit the State Farm Insurance website and look for the "Contact Us" or "Customer Support" section. You should find phone numbers, email addresses, and other contact information specific to Texas.
2. Allstate Insurance
We can't list the top insurance companies in Texas without mentioning Allstate. One thing that Texans love about Allstate Insurance is its responsive customer service.
Allstate is a widely recognized insurance company offering comprehensive home insurance policies. They cover your home, personal property, liability, and additional living expenses. Allstate offers features like Claim RateGuard, which ensures your rates won't increase after filing a claim.
They also have a network of local agents in TX who can help you understand your coverage options and customize your policy to fit your needs.
For more information on how to buy their home insurance, go to the Allstate Insurance website and navigate to the "Contact Us" or "Support" page. You'll likely find a phone number, email address, or online contact form to reach their customer service team.
3. Farmers Insurance
We were surprised that another set of Texans like Farmers Insurance. Although, they did give use specific reasons. One Mr. Michael, said he uses their policy because it is easy to get claims.
Farmers Insurance offers a range of home insurance policies tailored to Texas homeowners. They provide coverage for your dwelling, personal belongings, liability, and loss of use. Farmers Insurance offers optional coverages such as identity theft protection and eco-rebuild coverage. They have a network of local agents who can assist you with policy inquiries, claims, and personalized recommendations.
If you have questions regarding their coverage, visit the Farmers Insurance website and locate their "Contact Us" or "Customer Support" page. You can find contact information for their Texas offices, including phone numbers and email addresses.
USAA is a well-regarded insurance provider that serves military members and their families. They offer comprehensive home insurance coverage, including protection for your dwelling, personal property, and liability.
Furthermore, USAA provides additional benefits like coverage for uniforms and a military deployment discount. The good thing about USAA is they have a user-friendly website and mobile app for policy management and claims.
To contact them and inquire about their insurance policy, visit the USAA website and look for their contact information for home insurance inquiries or customer service related to Texas.
5. Texas Farm Bureau Insurance
Texas Farm Bureau Insurance specializes in serving rural and agricultural communities in Texas. They offer home insurance coverage tailored to the unique needs of Texas residents, including coverage for your dwelling, personal property, liability, and additional structures.
Texans like Texas Farm Bureau Insurance because it has a network of local agents within the state who can provide personalized assistance and guidance.
For more information about their policy, visit the Texas Farm Bureau Insurance website to find their contact information. Look for a "Contact Us" or "Customer Service" page where you can find phone numbers or email addresses for their Texas offices.
6. Liberty Mutual Insurance
Liberty Mutual is a well-established insurance company that provides home insurance coverage in Texas. They offer standard coverage options, as well as additional endorsements for specific risks like earthquakes and water backup.
Furthermore, Liberty Mutual provides online tools for policy management, a responsive Android and ios mobile app for claims, and 24/7 customer support.
For more information on how to buy their homeowner's insurance policy, go to the Liberty Mutual Insurance website and look for their "Contact Us" or "Customer Support" page. You should find contact details for their Texas offices, including phone numbers, email addresses, or an online contact form.
7. Nationwide Insurance
Nationwide is a reputable insurance provider that offers comprehensive home insurance coverage. They provide coverage for your dwelling, personal belongings, liability, and additional living expenses. You can find their agents in almost every part of the state.
Furthermore, Nationwide offers additional options such as replacement cost plus and Brand New Belongings® coverage. They have a user-friendly website and a mobile app for policy management and claims.
If you need help concerning their homeowner's policy, visit the Nationwide Insurance website and navigate to their "Contact Us" or "Support" page. Look for contact information specific to Texas, which may include phone numbers, email addresses, or an online contact form.
8. Chubb Insurance
Chubb is known for its high-quality insurance coverage, including home insurance policies. They offer customizable coverage options to meet your specific needs. Chubb provides coverage for your dwelling, personal belongings, liability, and additional living expenses. They have a network of agents who can provide personalized assistance and support.
Go to the Chubb Insurance website (www.chubb.com) and locate their "Contact Us" or "Customer Support" page. You should find their Texas contact information, which might include phone numbers, email addresses, or an online contact form.
9. Travelers Insurance
Travelers Insurance offers a range of home insurance options in Texas. They provide coverage for your dwelling, personal property, liability, and additional living expenses. Travelers Insurance offers more coverages, such as identity fraud expense reimbursement and green home coverage.
Furthermore, they have a user-friendly website and a mobile app for policy management and claims. If you are looking for the best homeowners coverage, I think Travelers has what you might need.
For further details, visit the Travelers Insurance website and navigate to their "Contact Us" or "Customer Support" page. Look for contact information specific to Texas, such as phone numbers, email addresses, or an online contact form.
10. Amica Mutual Insurance
The last on our list is Amica Mutual Insurance. However, they are not the least, as they have some exciting offers.
Amica Mutual Insurance is known throughout Texas for its excellent customer service and competitive rates. They offer comprehensive home insurance coverage, including protection for your dwelling, personal property, liability, and loss of use.
Furthermore, Amica has a user-friendly website where you can obtain quotes, manage your policy online, and file claims.
For more inquiries, go to the Amica Mutual Insurance website and look for their "Contact Us" or "Customer Service" page. You should find their Texas contact information, which may include phone numbers, email addresses, or an online contact form.
How Much Is Home Insurance In Texas?
The cost of homeowners insurance in Texas depends on whether you are paying monthly or yearly. The total amount you will pay per year will be cheaper than the amount you will pay monthly if multiplied by 12 months (one year). Generally, the average cost of home insurance in TX is $257 per month or $3,080 per year.
Is Home Insurance Expensive In Texas?
Though many factors that affect home insurance rates. Generally, homeowners insurance in Texas costs more than in many other states. Texas home insurance rates are 28% higher than the national average. The average cost of homeowners insurance in Texas is $3,080 a year, $1,361 a year more than the national average.
How Can You Save Money On Home Insurance In Texas?
Home insurance in Texas can be expensive. However, there are ways you can save money. They include the following:
- Shop around and compare quotes from different insurance companies in Texas to find the best rates and coverage options.
- Increase your home's security by installing burglar alarms, smoke detectors, and deadbolt locks, which may qualify you for discounts.
- Bundle your homeowners insurance with other policies like auto insurance to take advantage of multi-policy discounts.
- Raise your deductible, which is the amount you pay out of pocket before insurance kicks in.
- Maintain a good credit score, as insurance companies often consider credit history when determining premiums.
- Ask your insurance agent about available discounts for factors like having a newer home, being a non-smoker, or being part of a homeowners association.
- Consider a higher deductible for wind and hail damage, specifically if you live in an area prone to severe weather events.
- Regularly review and update your policy to ensure it accurately reflects your home's value and any changes or improvements you've made.
- Avoid filing small claims if possible, as frequent claims can lead to higher premiums or policy non-renewal.
- Seek advice from an independent insurance agent who can help you navigate different insurance options and find the best coverage for your needs at a competitive price.
Conclusion: Best Home Insurance in Texas
Finding the best home insurance in Texas is a critical step toward protecting your most valuable asset. With several options available, it is essential to consider factors such as coverage, pricing policy, customer service, and reputation when shopping for the right insurance provider in TX.
Homeowners in Texas can buy comprehensive coverage that suits their specific needs by thoroughly researching and comparing quotes from different insurance companies in the State.
Remember, investing in the best home insurance not only gives financial security but also offers peace of mind knowing that your home is well-protected against unforeseen events. Prioritize your home's safety and ensure a brighter future by making an informed decision when choosing the best homeowners insurance in Texas.