In the second-largest state in the U.S. by both size and population, it’s no wonder that homeowners insurance costs are Texas-sized, too. Annual premiums in the Lone Star State average $1,937, which is $745 above the national average, according to the Insurance Information Institute. Texas is the second-most expensive state for home insurance rates.
However, because of its size and population distribution, there are huge disparities in rates among cities, and how much you’ll pay for homeowners insurance depends heavily on where your home is located. Keeping this in mind, we’ve outlined the top home insurance companies in Texas below. You can also use our quote tool to get an accurate gauge of home insurance rates in your corner of the Lone Star State.
Our Top Picks for Best Homeowners Insurance in Texas
- Allied Mutual
- The Hartford
- Allstate
- USAA
Allied Mutual
Allied Mutual, owned by Nationwide and distributed by independent agents and brokers, is a strong competitor in the Texas home insurance market. The company has an A+ rating from A.M. Best and receives high marks for overall customer satisfaction. Allied Mutual’s merger with Nationwide now makes it a big player among home insurers and gives it more name recognition.
Allied Mutual is also one the cheaper options for coverage in the state. Allied’s policy provides coverage and repairs for your home from the usual events, from natural disaster to theft. Plus, Allied has tailored policies for people living in certain areas, such as those in flood zones, to make sure they receive adequate protection.
Allied also offers coverage that pays for things like additional living expenses in the event your home is uninhabitable, preventative repairs to the home, debris removal, and coverage for a second home or rental. Visit the website to see if you qualify for discounts, such as those for policyholders living in gated communities or in homes with recent renovations.
The Hartford
The Hartford allows you to easily customize coverage to fit your budget and needs, with added options such as blanket coverage for valuables or a “green rebuilding” initiative that expands your coverage when you use environmentally friendly materials and methods to repair after a covered loss.
The Hartford also has special packages such as the 100% Protection Plan, which insures your home for up to 125 percent of its repair cost and replaces damaged items with brand-new items. And while The Hartford’s discount packages are not as strong as those of some other homeowners insurance companies in Texas, policyholders can save up to 20 percent on their premium by bundling policies, upgrading their home security, and renewing their policy with The Hartford.
In addition to extensive coverage, The Hartford also has an incredibly efficient claims management center. Policyholders can use their mobile app to instantly upload photos to document property damage and have multiple hassle-free options for filing claims 24/7. Its customer satisfaction rates pretty high, too. Eighty-three percent said they were likely to renew their policy, and 82 percent rated their claims experience positively.
Allstate
Allstate provides Texas homeowners with an exclusive House & Home policy. Standard coverage included in this policy protects against damages to property and personal belongings. The policy also includes liability protection and can easily be modified with additional coverage options, depending on what you’re looking to insure.
Allstate offers multiple discount options that you can discuss in person with a local agent at one of hundreds of Allstate offices around Texas. Allstate also has a top-notch online portal, with educational tools and resources that help you understand your policy to make better decisions. Its Premium Gauge tool, for example, allows you to see how your premium would be affected by different variables such as installing security alarms or making renovations. While some homeowner insurance companies outsource their insurance policies to third-party underwriters, Allstate does not. It sells its own, meaning your experience will be consistent, no matter where you live in Texas.
Allstate home insurance has a wide range of coverage options and offers policies for all types of homes, which really sets it apart from other insurance companies in the area. Plus, it’s backed by an A+ rating from A.M. Best and has been around for nearly 80 years, so you know you can rely on it to be there in the event of damages or loss.
USAA
Based in San Antonio, USAA is a great insurance option for homeowners who are active-duty military, veterans or eligible family members. More than 2 million Texas residents fall into these categories, which is why USAA has made it on to our list of top home insurance providers.
USAA’s core military values of service, loyalty, honesty and integrity have garnered a reputation for first-rate customer service and earned it several awards and acknowledgements, including an A++ rating (the highest possible) from A.M. Best and a five-star customer satisfaction rating from J.D. Power. Besides the basic coverage, USAA offers unique add-ons such as coverage for military equipment and uniforms after a loss, and home-sharing coverage if you rent out a room in your home.
The Advice Center on the website offers free resources and financial planning tools, many of which are specific to military life, to ensure policyholders receive guidance and information in addition to home insurance coverage.
How much is homeowners insurance in Texas?
Texas has an average insurance premium of $1,937 per year, which is second-highest in the nation. The national average is $1,192. The state’s vulnerability to hurricanes and flooding can make Texas insurance prices unpredictable. This depends, of course, on where in the state you live.
Texas Rate Factors
Texas has been hit by hurricanes and flooding but also experiences damage caused by sinkholes, hailstorms and tornadoes. In fact, Texas ranks No. 1 in the United States for the frequency and the variety of natural disasters.
The Best 4 Texas Homeowners Insurance Companies
- Allied Mutual
- The Hartford
- Allstate
- USAA
Don’t forget to check out our complete Guide to Home Insurance and our round-up of the Best Home Insurance companies in America.
