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How Much Does Homeowners Insurance Cost in Texas?

by Floreena Thomas - 22 Jul 2022, Friday 433 Views Like (0)
How Much Does Homeowners Insurance Cost in Texas?

Homeowners insurance in Texas can be expensive, mainly due to the frequency of damaging weather that Texas experiences. However, there are ways you can save money on your Texas home insurance policy.


From discounts to shopping around, you may be able to find a better price. This blog outlines the best ways to save money and find affordable home owner insurance in Texas.

Save time and money on your homeowner's insurance with recommendations from smart buyers. Get started now 

How Much Does Homeowners Insurance Cost in Texas?

On average, according to the Insurance Information Institute, the average cost of homeowners insurance was $1,893 per year in 2017. III ranked it as the third most expensive state for home insurance.

In Texas, the cost of homeowners insurance can range from just under $2,000 to over $4,000 per year. The cost of home insurance in Texas varies based on a number of factors, including the value of your home and the insurance company you choose.


What Affects the Price of Homeowners Insurance in Texas?

There are many factors that affect the cost of your Texas homeowners insurance. Below is a list of factors that could affect your homeowners insurance rate:

  • Your credit score
  • The square footage of your home
  • The age, location and condition of your home
  • The type of house you have (what materials it is made of)
  • The proximity of your home to a fire station
  • The amount of homeowners insurance coverage
  • Your previous claims record
  • You choose the homeowners insurance company
  • The amount of cover you are buying


Given that Texas weather often brings home damage, you may need to purchase additional coverages. While these coverages can increase the cost of Texas homeowners insurance, they offer valuable protection.

  • Flood Insurance: In Texas, you may need to purchase flood insurance. Flooding occurs frequently in the state of Texas, so it may be beneficial for you to obtain this type of insurance. Flood insurance helps cover the cost of water damage to your home caused by severe weather that is not covered by homeowners insurance.
  • Windstorm and Hail Insurance: Another coverage you may need in Texas is windstorm and hail insurance. Natural disasters happen all too often in Texas, which is something you should know if you're buying a home in the state. Homes, especially in the Texas Bay Area, can experience wind and hail damage.

The Woodlands Insurance Company (Twico)

The Woodlands Insurance Company (Twico) is a unique Texas homeowner's insurance company that specializes in the needs of Texas homeowners. Twico's Texas homeowners insurance policies include flood insurance coverage for qualified homes.

Policies are customizable and homeowners can choose from three levels of flood coverage, all with different levels of protection. Most homeowner's insurance companies don't include flood coverage in a standard policy, meaning you'll have to purchase it separately or add it on.


With flood coverage included for your qualified home, you get the peace of mind that your home is protected from the unpredictable Texas weather. Twico also offers many discounts to help Texas homeowners save money on home insurance. For more details, visit Twico's Clearicorance profile.