Best Home Insurance Companies in Texas
Texans know that the Lone Star State presents specific challenges when it comes to homeownership. From hurricanes along the coast to wildfires in the west, protecting your home requires careful consideration of your insurance options. With this in mind, NerdWallet analyzed data from more than 30 insurance companies to help you find the best home insurance in Texas.
The following insurers received 4.5 stars or more in our comprehensive analysis.
- USAA homeowners policies are available only to active military, veterans and their families.
Rates are based on a sample homeowner with:
- Good credit.
- $300,000 of dwelling coverage.
- $300,000 of liability coverage.
- A $1,000 deductible.
Note: Some insurance companies included in this article may have changed their underwriting practices and no longer issue new policies in Texas.
Why Trust NerdWallet?
NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates discounts, coverage options, website transparency, financial strength, complaint data, and more.
- More than 270 million rates analyzed by our team of specialists.
- More than 50 insurance companies analyzed in all 50 states and Washington D.C.
Top Companies: Detailed Look
Amica
Amica consistently earns high marks for its outstanding customer service and comprehensive coverage options. The company boasts a Platinum Choice package that provides extra layers of protection. Amica has also received significantly fewer consumer complaints than expected for an insurer of its size, according to the National Association of Insurance Commissioners (NAIC).
Chubb
Chubb specializes in serving affluent homeowners, offering high coverage limits and a range of perks. Policyholders can expect coverage for water damage from backed-up sewers and drains, as well as coverage to bring your home up to the latest building codes during reconstruction following a claim.
Allstate
Allstate is a widely recognized insurer with numerous options for customizing your policy. This includes replacement cost coverage for personal property, as well as coverage for water damage from backed-up drains. Allstate also offers benefits such as home-sharing coverage and reimbursement for replacing damaged items with energy-efficient versions.
Cincinnati Insurance
Cincinnati Insurance partners with local independent agents and offers options for both standard and high-value homes. Policyholders can often add coverage for identity theft, cyberattacks, and certain types of water damage. Bundling home and auto policies can also lead to discounts.
Farmers
Farmers distinguishes itself through an extensive list of discounts. They provide savings for installing protective systems, being a non-smoker, and members of certain professions. They also offer a declining deductible and claims forgiveness, which prevents rate increases due to a claim after meeting certain criteria.
Nationwide
Nationwide is renowned for an extensive range of coverage options. Their standard policies often include ordinance or law coverage that helps bring your home to current building codes after a covered claim. They also offer additional coverage for identity theft and damage from backed-up sewers and drains.
State Farm
As the largest home insurer in the U.S., State Farm is known for its extensive coverage options. Their policies generally include extra dwelling coverage. Policyholders can often add coverage for identity theft, damage from backed-up drains, and personal injury liability.
Travelers
Travelers offers a strong online presence and a variety of coverage options. They provide coverage beyond the dwelling limit, and a unique green home coverage that pays extra if you choose eco-friendly materials for repairs after a claim.
USAA
USAA specializes in insurance for veterans, active military members, and their families. They offer features that other insurers may charge extra for. For example, USAA automatically provides replacement cost coverage for personal belongings.
How Much Does Homeowners Insurance Cost in Texas?
The average annual cost of home insurance in Texas is $4,585. This is significantly higher (117%) than the national average of $2,110.
In Texas, your credit-based insurance score also impacts your rate. Those with poor credit pay an average of $7,545 per year.
The price of home insurance also depends on where you live in Texas. For example, Houston averages $6,370 per year.
Factors to Consider for Texas Homeowners
Texas homeowners face unique risks, which drive up insurance costs. Here’s a look at some factors that influence your premiums:
Hurricanes
Standard homeowners insurance covers wind damage, but you may have a separate deductible for wind or hail damage. You might need separate windstorm insurance if your insurer declines wind coverage.
Hail
Hail damage is typically covered. Consider impact-resistant roofing materials to potentially qualify for discounts.
Tornadoes
Standard policies cover tornado damage. You may need additional coverage if your policy doesn’t cover windstorms.
Wildfires
Standard policies cover wildfire damage.
Texas Department of Insurance
Contact the Texas Department of Insurance (800-252-3439) with any questions about your policy or to file a complaint.
