Best and Cheapest Homeowners Insurance in Texas for 2024 (Top 10 Companies for Savings)
Explore the best and cheapest homeowners insurance in Texas from USAA, State Farm, and Travelers, with rates as low as $23 a month for top coverage.
USAA best for military members, State Farm best for availability, Travelers best for discounts. Save money on homeowners insurance & prevent claims by exploring top options tailored to your needs.
| Company | Rank | Monthly Rates | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
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#1 | $23 | A++ | Military Focus | USAA |
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#2 | $33 | B | Wide Availability | State Farm |
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#3 | $37 | A++ | Diverse Discounts | Travelers |
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#4 | $39 | A++ | Low Rates | Geico |
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#5 | $45 | A+ | Telematics Innovation | Progressive |
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#6 | $51 | A | Comprehensive Coverage | Farmers |
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#7 | $57 | A+ | Customer Service | Nationwide |
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#8 | $65 | A | Family Focus | American Family |
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#9 | $66 | A+ | Advanced Telematics | Liberty Mutual |
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#10 | $75 | A+ | Financial Stability | Allstate |
Whether you want protection from destructive weather events in Texas or simply need coverage for property crimes, these insurers give you the option to customize reliable solutions that fit your requirements and budget.
Finding affordable premiums for home insurance is easy with our free quote comparison tool. Just enter your ZIP code to find cheap coverage for your home.
What You Should Know
- Find the best and cheapest homeowners insurance in Texas with tailored options
- USAA is the top pick for military members, offering exclusive benefits
- Protect your home with policies starting at just $23 per month
#1 – USAA: Top Overall Pick
Pros
- Exclusive Military Benefits: Military families will find USAA-focused homeowners insurance in Texas that offers extensive perks for service members and their families.
- Exceptional Customer Service: USAA’s penultimate customer service rating gives Texas policyholders the confidence that any hiccups will be navigated through the claims process, and that they will receive personal assistance when needed.
- Robust Coverage Options: USAA offers a broad coverage for Texas homeowners against natural disasters and property damages. See our USAA review for details.
Cons
- Restricted Eligibility: The insurance available is thus limited by the family members of military members and their families.
- Limited Physical Branches:Fewer in-person locations in Texas may make face-to-face assistance less convenient for homeowners insurance needs.
#2 – State Farm: Best for Wide Availability
Pros
- Widespread Availability: With one of the most comprehensive footprints in Texas, it's easy to find a State Farm homeowners insurance policy.
- Streamlined Claims Process: Texas homeowners rely on an established method of claims for their insurance needs. Check out our State Farm review for more information.
- Customizable Coverage: From your coverage needs, State Farm provides customizable homeowners insurance in Texas.
Cons
- Fewer Discount Opportunities: State Farm provides fewer savings options compared to other homeowners insurance providers in Texas.
- Customer Satisfaction Variability: Some Texas homeowners report inconsistent experiences with customer service for insurance-related queries.
#3 – Travelers: Best for Diverse Discounts
Pros
- Extensive Discount Options: Travelers offers several discounts for homeowners insurance in Texas. Find the full list in our Travelers review.
- Weather Risk Coverage: Provides Texas homeowners insurance policies with solid protections against severe weather damage.
- Strong Financial Stability: With these A++ backed companies, TX homeowners rest assured for all claims to be paid.
Cons
- Fewer Local Agents: Lack of a physical footprint in Texas equals the need for more face time on homeowner insurance.
- Slower Claims Processing: Some Texas policyholders say their homeowners insurance claims are being processed more slowly.
#4 – Geico: Best for Low Rates
Pros
- Affordable Policy Options: Geico partners with top insurers to provide homeowners insurance in Texas at competitive prices.
- Easy Online Management: Texas insurers really like Geico’s easy-to-use platform for managing their homeowners insurance policies in Texas, as highlighted in the Geico renters insurance review.
- Strong Partnerships: Working with a small group of well-known insurers, Geico provides dependable homeowners insurance coverage in Texas.
Cons
- Limited Direct Underwriting: Geico doesn’t write homeowners insurance policies directly; it uses third-party providers in Texas.
- Minimal Customization: Offers fewer customizable coverage options than other Texas homeowners insurance companies.
#5 – Progressive: Best for Telematics Innovation
Pros
- Innovative Telematics Technology: Progressive offers cutting-edge tools for customizing homeowners insurance in Texas. Read our review of Progressive for full details.
- Comprehensive Online Tools: Progressive provides numerous online management tools for Texans, with a solid online platform for tracking policies and claims.
- Financial Reliability: Progressive has an A+ rating, so Texas policyholders can trust that claims will be paid on time.
Cons
- Limited Discount Availability: Progressive has fewer discounts available to help you save with Texas homeowners insurance.
- Customer Service Concerns: Homeowners in Texas have voiced frustration with the quality of service they receive when dealing with insurance claims or inquiries.
#6 – Farmers: Best for Comprehensive Coverage
Pros
- Comprehensive Coverage Options: Farmers provides solid homeowners insurance in Texas, with add-ons like identity theft protection not commonly found elsewhere.
- Accessible Customer Service: Customers can communicate with Texas homeowners if they have any problems with insurance. Find additional info in our review of Farmers.
- Solid Financial Strength: Farmers carries an A rating because homeowners in Texas rely on Farmers when it pays claims.
Cons
- Higher Premiums: Farmers’ homeowners insurance in Texas often comes with higher costs compared to competitors.
- Limited Discounts: Offers fewer savings opportunities for homeowners insurance policies in Texas.
#7 – Nationwide: Best for Customer Service
Pros
- Top-Tier Customer Service: Nationwide is a good name for customer service, so Texas homeowners will get help when they need it.
- Wide Coverage Options: Offers customizable homeowners insurance policies in Texas to meet varied needs. Learn more in our Nationwide review.
- Financial Stability: An A+ rating guarantees Texas policyholders reliable claims processing and payouts.
Cons
- Limited Local Agents: In some areas of Texas, there are fewer Nationwide agents, so in-person help may be harder to find.
- Costlier Policies: Homeowners insurance premiums with Nationwide in Texas are higher than those of other providers.
#8 – American Family: Best for Family Focus
Pros
- Family-Focused Policies: American Family offers homeowners insurance in Texas with coverage tailored for families’ needs.
- Customizable Add-Ons: Texas homeowners can add-ons to policies, including for equipment breakdown coverage.
- Strong Financial Ratings: An A rating allows homeowners insurance in Texas accurately pay claims. Explore our American Family review.
Cons
- Higher Premium Costs: American Family’s homeowners insurance policies in Texas are among the more expensive options.
- Limited Availability: Less access to local agents — there weren’t as many people around in Texas to even turn to for in-person support with homeowners insurance questions.
#9 – Liberty Mutual: Best for Advanced Telematics
Pros
- Advanced Telematics Tools: Liberty Mutual provides Texas homeowners with innovative tools to manage insurance policies effectively.
- Diverse Coverage Options: Customized Coverage That Can Fit Any Home, Including Specialized Endorsements. See our Liberty Mutual review for more.
- Strong Financial Ratings: Strong Financial Ratings give Texas homeowners reassurance that claims are backed.
Cons
- Mixed Customer Satisfaction: Some Texas homeowners have also noted inconsistencies in Liberty Mutual’s customer support.
- Higher Rates: Liberty Mutual prices Texas homeowners insurance policies higher than competing providers most of the time.
#10 – Allstate: Best for Financial Stability
Pros
- Exceptional Financial Stability: Allstate has a level A+ indicating Texas homeowners can depend on solid claims payments. Discover details in our Allstate review.
- Comprehensive Coverage Options: Offers a variety of homeowners insurance policies in Texas, including water backup coverage.
- User-Friendly Digital Tools: Texas homeowners benefit from Allstate’s intuitive platform for managing insurance policies online.
Cons
- Higher Premium Rates: Homeowners insurance with Allstate in Texas is priced higher than many other providers.
- Limited Discounts Available: Fewer savings options make it harder to reduce the cost of homeowners insurance in Texas.
Home Improvements and Insurance Essentials
Home improvements are closely connected to your homeowners insurance policy — changes you make to your home may also change how much coverage you need. To make your search for coverage easier, this table illustrates typical monthly rates for minimum and full coverage from top providers in Texas, such as USAA and State Farm.
See these options for discovering affordable coverage tailored to your renovations and budget. For more information, refer to Home improvement projects and your homeowners insurance policy.
| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
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$75 | $201 |
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$65 | $176 |
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$51 | $137 |
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$39 | $105 |
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$66 | $178 |
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$57 | $154 |
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$45 | $121 |
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$33 | $90 |
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$37 | $101 |
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$23 | $62 |
When choosing homeowners insurance, there are a number of things that will influence home insurance rates, including type of coverage, where you live, and renovations you’ve made to your home.
This list of monthly rates from Texas’s top providers lets you compare options and choose a plan that’ll give you the most amount of coverage for your home for a price you feel comfortable with.
Texas Homeowners Insurance Tips
Finding the best homeowners insurance in Texas can be an overwhelming process—particularly if you want a plan that is both affordable and reliable. A crucial step is understanding what comprehensive insurance coverage includes and how it protects your home from unexpected risks. There are a lot of providers to choose from, some offering a range of prices and discounts, and knowing where to look for value can be key.
| Insurance Company | Available Discount |
|---|---|
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Multi-Policy, Safe Driver, Drivewise (telematics), Home Ownership, Defensive Driving |
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Multi-Policy, Safe Driver, Low Mileage, Good Student, Defensive Driving |
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Multi-Policy, Safe Driver, Signal (telematics), Home Ownership, Defensive Driving |
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Multi-Policy, Safe Driver, Defensive Driving, Good Student, Anti-Theft |
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Multi-Policy, Safe Driver, Telematics (RightTrack), Home Ownership, Anti-Theft |
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Multi-Policy, Safe Driver, SmartRide (telematics), Anti-Theft, Defensive Driving |
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Multi-Policy, Safe Driver, Snapshot (telematics), Home Ownership, Continuous Insurance |
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Multi-Policy, Safe Driver, Defensive Driving, Vehicle Safety, Anti-Theft |
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Multi-Policy, Safe Driver, New Car, Home Ownership, Hybrid/Electric Vehicle |
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Multi-Policy, Safe Driver, Defensive Driving, New Car, Good Student |
To help you decide, we also prepared a detailed breakdown of popular insurance companies and discounts you can get with them. Multi-policy bundles, safe driving discounts, and new home offers are just some of the considerations; this guide can help you figure out the coverage that balances your needs while keeping the price in check. Protecting your home doesn’t have to cost a fortune—familiarize yourself with your options and choose wisely.
| Discount Name | Grade | Savings | Participating Providers |
|---|---|---|---|
| Multi-Policy Discount | A | 20% | State Farm, Allstate, Farmers |
| Home Security Discount | A- | 15% | Liberty Mutual, Nationwide, USAA |
| Claims-Free Discount | B+ | 10% | Progressive, Geico, Travelers |
| New Home Discount | B | 12% | American Family, MetLife, Safeco |
| Automatic Payment Discount | B- | 5% | Allstate, State Farm, Farmers |
The best price is only part of the story when buying homeowners insurance. It’s simply a matter of finding out what discounts you’re eligible for, making sure your house has the coverage it needs, and identifying a provider who can hook you up with a plan that meets your financial goals.
Companies like USAA, State Farm, Liberty Mutual, and more have a range of options for savings, including multi-policy bundles, claims-free bonuses, and telematics programs that reward safe driving behavior. By tapping into these discounts, you can discover a plan that’s economical as well as complete. With the knowledge from this guide, you are prepared to make an educated decision about securing your home and family.
Navigating Texas Homeowners Insurance Risks Trends and Savings
Well then, being aware of Texas homeowners insurance market is important for homeowners and insurance professionals in overcoming the challenges and reaping the advantage. From common claim types and their payouts to market conditions and claim data from specific cities, knowledge across the industry empowers homeowners to make informed decisions.
| Claim Type | Portion of Claims | Cost per Claim |
|---|---|---|
| Wind and Hail Damage | 46% | $12,000 |
| Fire and Lightning Damage | 24% | $77,340 |
| Water Damage and Freezing | 20% | $10,849 |
| Theft | 1% | $5,024 |
| Other Property Damage | 8% | $15,000 |
Texas has its own unique climate-induced risks — including wind, hail and other natural disasters — that can increase premiums and claims costs. Other questions such as “How does my credit score impact my insurance premium?” are critical to understand about an individual, and how they determine pricing. This guide will dig into the breakdown of claims, evaluate how competitive the market has become, and highlight trends in premiums along with affordability struggles.
| Category | Grade | Explanation |
|---|---|---|
| Market Competitiveness | B+ | Numerous insurance providers operate in Texas, offering competitive rates and options. |
| Availability of Discounts | B | While premiums are high, a variety of discounts are available to help mitigate costs. |
| Average Premiums | C | Texas has higher-than-average homeowners insurance premiums compared to other states. |
| Premium Increases | C- | Recent years have seen significant premium hikes due to increased natural disasters and claims. |
| Affordability | D+ | High premiums can be a financial burden for many homeowners in the state. |
Further localized data on accidents and claims in large cities such as Houston, Dallas, and Austin provide additional insight into how homeowners’ risks and costs are influenced by location. Whether you’re buying a home for the first time or updating an existing policy, this guide can arm you with the information you need to protect your investment and find coverage that suits your needs.
| City | Accidents per Year | Claims per Year |
|---|---|---|
| Houston | 12,000 | 10,800 |
| Dallas | 9,500 | 8,550 |
| San Antonio | 8,200 | 7,380 |
| Austin | 6,700 | 6,030 |
| Fort Worth | 5,800 | 5,220 |
Following the data is where the answer is to home owners insurance in Texas. Learning about the most common types of claims, the costs associated with them, and the forces that drive premiums gives you insight into the market. The city-specific claims data highlights how location affects risks, with areas such as Houston and Dallas experiencing higher claim activity than less populated regions.
Although Texas tends to have above-average premiums, the presence of discounts and competitive choices can help you keep your costs below the state average while maintaining coverage.
With this information in mind, homeowners can customize their coverage to fit their individual requirements, made more likely by a tension between coverage and cost necessary to protect both homes and finances. Take the right steps, and you’ll be ready to meet the challenges of the Texas insurance market.
Choosing Affordable and Reliable Home Insurance in Texas
Searching for a good homeowners insurance Texas policy is important for your home and finances, and knowing the right home insurance Texas can help you out. Comparing homeowners insurance quotes Texas from different providers is the best way to find what you're looking for when searching for the cheapest home insurance Texas or cheap homeowners insurance Texas that still provides proper coverage.
To obtain the best homeowners insurance Texas possible, consider the reputation of the company, customer service, and the benefits they offer in their policies by checking with the top home insurance companies in Texas.
Cheap homeowners insurance, the cheapest home insurance in Texas, and the best home insurance in Texas give you choices if you are looking to save money on home insurance while still offering adequate protection at a good price. For tips, refer to "Top 5 Ways to Save Money on Your Homeowners Insurance Premium" to explore practical strategies for lowering costs.
Don’t settle for expensive home insurance premiums. Enter your ZIP code to find robust coverage for your dwelling at an affordable price.
Frequently Asked Questions
How to shop for affordable homeowners insurance in Texas?
To find cheap homeowners insurance in Texas, it’s a good idea to compare quotes from multiple providers, bundle policies and inquire about discounts for safety features like alarm systems or a claims-free history.
How can I save on home insurance?
To get affordable home insurance, start by assessing your coverage needs, increasing your deductible to lower premiums, and considering discounts such as bundling home and auto insurance policies to get the lowest rates. Get cheap home insurance by using our free quote tool with your ZIP code.
How much is homeowners insurance in Texas on average?
The average cost of homeowners insurance in Texas depends on your location, home value, and coverage limits. Costs are usually above the nationwide average because of weather risks such as hurricanes and hailstorms. For more info, check out "Does car or home insurance cover hail damage?" to understand how insurance policies handle hail-related claims.
What does Texas hazard insurance cover?
Hazard insurance Texas usually covers damage from windstorms, hail, or fire to your home. However, it often does not include flooding or earthquake damage, which requires separate policies.
How do Texas home and auto insurance bundles save me money?
Bundling home and auto insurance Texas policies with a single provider can earn you significant discounts, making your coverage easier to manage and lowering your premiums.
What is the best homeowners insurance in Austin?
The best homeowners insurance in Austin combines affordability, comprehensive coverage, and reliable customer service. State Farm, Allstate and local co’s for competitive rates. To learn more about such questions like “How does renting my home affect my homeowners insurance?, check with your provider or look into your policy details to ensure you have enough coverage."
Where are the lowest home insurance rates in Texas?
To find the lowest home insurance rates in Texas, shop around, explore smaller or regional providers, and consider raising your deductible to reduce monthly premiums.
What is the top hazard insurance in Texas for businesses?
The best hazard insurance for businesses in Texas depends on the type of business and its risks. Providers like Nationwide or Travelers offer comprehensive coverage designed for Texas-specific hazards.
Where can I find the cheapest condo insurance?
To get the cheapest condo insurance, compare providers that specialize in condo coverage, focus on personal property and liability, and skip unnecessary add-ons. For more details, read “What is an HO6 Insurance Policy?” to understand condo insurance better.
What is the best insurance for houses?
The best insurance for houses meets the replacement cost of your home, includes liability protection, and addresses specific risks like floods or windstorms, often offered by major insurers like USAA or Allstate. Start with our free comparison tool by entering your ZIP code.