What's the Cheapest Homeowners Insurance Companies in Texas?

In Texas, the average annual cost of homeowner's insurance is $2,207, or $184 per month. This means that Texans spend 37% more than the national average for house insurance. The simplest strategy to receive inexpensive homeowners insurance in Texas is to request quotations from many insurance providers.

Unlike automobile insurance, homeowners insurance is not governed by state law. Nevertheless, there are significant differences in house insurance premiums between states. Depending on the total number and amount of homeowner claims submitted in a state, and the value of the property and structures covered by a policy, policy premiums may vary from state to state.

Our recommendation for the majority of Texas homeowners is Farmers. Farmers' rates average $1,443 per year, which is 43% less than the statewide average. Reviews of the company's customer service are positive. Farmers receive far fewer complaints than expected for a firm of its size. That is according to the (NAIC) National Association of Insurance Commissioners reports.

Farmers have three levels of home insurance coverage, allowing the majority of homeowners to pick a plan that meets their needs. Premier coverage allows homeowners to add guaranteed replacement cost coverage, which pays 100% of the costs to rebuild your house in the case of a catastrophic loss, irrespective of your policy limitations.

Other optional coverages include identity theft protection, replacement cost for personal items, and eco-rebuild coverage, which offers additional monies to upgrade your home with environmentally friendly materials following a covered loss.