Reviews Report
- Reviews.com chose USAA, Allstate, Farmers, Travelers, and State Farm as some of the best home insurance companies in Texas.
- Farmers insurance has the most discounts for Texas homeowners available, based on our research.
- USAA offers relatively cheap home insurance to Texans, with an average premium of $1,198 per year.
Extreme weather is not uncommon in Texas, which is why homeowners in the Lonestar State should consider investing in home insurance. The average cost of Texas home insurance is $1,863 per year, making it a relatively expensive state for coverage.
There are dozens of companies that sell homeowners insurance in Texas. We did some research to identify the top providers and found that USAA, Allstate, Farmers, Travelers, and State Farm have the best home insurance in Texas. We chose these providers based on their average rates, coverage options, discounts, and third-party ratings.
The 5 Best Homeowners Insurance in Texas
- USAA: Best Texas Home Insurance for Military-Focused Coverage
- Allstate: Best Texas Home Insurance for Optional Coverage
- Farmers: Best Texas Home Insurance for Discounts
- Travelers: Best Texas Home Insurance for Green Homes
- State Farm: Best Texas Home Insurance for Policy Bundling
Compare the Best Texas Home Insurance Companies
| Average Premium* | J.D. Power Customer Satisfaction** J.D. Power scores are based on surveys for customer satisfaction and product quality. | AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | Standard & Poor’s Standard & Poor’s (S&P) rates creditworthiness for businesses, countries and cities that issue bonds. | ||
|---|---|---|---|---|---|
| Pin USAA | $1,998 | 889 | A++ | AAA | |
| Pin Allstate | $1,846 | 829 | A+ | A | |
| Pin Farmers | $2,189 | 814 | A | A | |
| Pin Travelers | $1,521 | 803 | A++ | AA | |
| Pin State Farm | $1,722 | 829 | A++ | AA |
Information accurate as of September 2021
*Data provided by Bankrate.com
**J.D. Power’s 2020 Home Insurance Satisfaction Study. Based on a 1,000-point scale.
USAA
Best for Military-Focused Coverage
Why we chose it
Why we chose it
Pros
- Strong financial and customer satisfaction ratings
- Mobile claim filing and tracking
- Low customer complaint ratings
- Policies come standard with replacement cost coverage
Cons
- Limited discounts
- Only available to military
- Few additional coverage options
Available discounts
- Multi-policy
- Claims-free
- Home security system
Additional Coverage
- Home sharing coverage
- Earthquake coverage
- Identity theft coverage
- Military uniform coverage
- Other structures coverage
- Replacement cost coverage
More USAA Insurance Reviews
Allstate
Best for Optional Coverage
Why we chose it
Why we chose it
Pros
- Great add-on coverages
- Good variety of discounts
- Excellent financial strength rating
Cons
- High customer complaint ratings
- Average customer satisfaction rating
- Premiums can be expensive
Available Discounts
- Multi-policy
- Responsible payer
- Claim-free
- Welcome and loyalty
- New homebuyer
- AutoPay
- Protective device
- Early signing
Additional Coverage
- Identity theft
- Water backup
- Scheduled personal property
- Business property
- Sports equipment
- Green improvement reimbursement
- Yard and garden
- Electronic data recovery
- Musical instruments
More Allstate Insurance Reviews
Farmers
Best for Discounts
Farmers
Why we chose it
Pros
- Generous discounts
- Variety of free perks with every policy
- Tiered coverage makes it easy to choose a plan with tailored coverage
Cons
- Not the best customer satisfaction rating
- Coverage can be expensive
- Financial strength rating is lower than some other providers
Available Discounts
- Multi-policy
- Claim-free
- Protective device
- Home safety features
- Non smoker
- Affinity group/occupation
- Paperless statements
- UL-approved roofing materials
- New home
- Green certifications
- Connected home
- AutoPay
- Responsible payer
- Rent to own
Additional Coverage
- Personal possessions
- Eco rebuild coverage
- Contents replacement cost
- Identity theft
More Farmers Insurance Reviews
Travelers
Best for Green Homes
Why we chose it
Why we chose it
Pros
- Very affordable coverage
- Great financial strength rating
- Special coverage for green homes
- Above average claims satisfaction score
Cons
- Below average customer satisfaction rating
- Discounts are fairly basic
- Not the best for online tools or resources
Available Discounts
- Multi-policy
- Home buyer
- Loss-free
- Protective device
- Green home
- Affinity group
Additional Coverage
- Special personal property
- Contents replacement cost
- Additional replacement cost
- Jewelry and valuables
- Personal articles floater
- Water backup/sump pump
- Identity fraud
- Green home coverage
More Travelers Insurance Reviews
State Farm
Best for Policy Bundling
Why we chose it
Why we chose it
Pros
- One of the best policy bundling discounts
- Excellent financial strength rating
- Large network of agents around the country
Cons
- Below average customer satisfaction rating
- Not many discounts
- Poor claims satisfaction score
Available Discounts
- Policy bundling
- Home security system
- Impact-resistant roof
Additional Coverage
- Flood insurance
- Earthquake insurance
- Replacement cost coverage
- Water backup/sump pump
- Identity theft
- Home systems protection
- Service line coverage
- Scheduled personal property
More State Farm Insurance Reviews
*Data provided by Bankrate.com
**J.D. Power’s 2020 Home Insurance Satisfaction Study. Based on a 1,000-point scale.
Average Cost of Homeowners Insurance in Texas
The average cost of home insurance in Texas is $1,863 per year, according to 2021 quoted annual premiums from Bankrate.com. Home insurance in the Lone Star State is much more expensive than average. For comparison, the average cost of home insurance in the United States is $1,312 per year.
Homeowners insurance quotes in Texas are more expensive than average, in large part due to the state’s high risk of severe weather. Many of the neighboring states around Texas, including Florida and Louisiana, also have above average rates due to the risk of hurricanes and tropical storms in the region.
The Cheapest Homeowner Insurance Companies in Texas
Using 2021 Quadrant Information Services data from Bankrate.com, we analyzed home insurance companies in the United States and compared the best rates for homeowners insurance Texas has to offer. We found that the average premium for home insurance in Texas is $1,863. However, homeowners may be able to find cheap home insurance rates, like $563 a year with Bankers Insurance Group.
These are sample rates and should be used for comparative purposes only. Your quotes may be different. The coverage limits in our methodology are these:
- Coverage A, Dwelling: $250,000
- Coverage B, Other Structures: $25,000
- Coverage C, Personal Property: $125,000
- Coverage D, Loss of Use: $50,000
- Coverage E, Liability: $300,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
| Carrier | Yearly Average Premium | Monthly Average Premium |
| Bankers Ins Grp | $563 | $47 |
| Texas Farm Bureau Mut Grp | $566 | $47 |
| Lighthouse Prop Ins Corp | $599 | $50 |
| USAA | $1,198 | $100 |
| Nationwide | $1,262 | $105 |
| White Mountains | $1,264 | $105 |
| United Ins Holdings Grp | $1,480 | $123 |
| Travelers | $1,521 | $127 |
| Progressive | $1,671 | $139 |
| UNIVERSAL Ins CO Grp | $1,697 | $141 |
| State Farm | $1,722 | $143 |
| Allstate | $1,846 | $154 |
| Armed Forces Ins Exch | $1,931 | $161 |
| Chubb | $2,080 | $173 |
| Farmers | $2,189 | $182 |
| Delek | $2,558 | $213 |
| The Hartford | $2,696 | $225 |
| Amica | $3,547 | $296 |
| TFP & TWI Grp | $3,921 | $327 |
| Homeowners of Amer Ins Co | $4,642 | $387 |
Source: Bankrate.com
Top 3 Cheapest Homeowners Insurance Companies in Texas
- Bankers Ins Grp – $563 average annual premium
- Texas Farm Bureau Mut Grp – $566 average premium
- Lighthouse Prop Ins Corp – $599 average annual premium
Top 3 Most Expensive Homeowners Insurance Companies in Texas
- Homeowners of Amer Ins Co – $4,642 average annual premium
- TFP & TWI Grp – $3,921 average annual premium
- Amica – $3,547 average annual premium
Common Home Insurance Perils in Texas
When purchasing home insurance, Texas homeowners should consider the high risk of severe weather. Every year, flooding, wildfires, and tornadoes cause damage to homes across the state. However, the most prevalent peril in Texas are hurricanes.
In 2020, Hurricane Hanna touched down in South Texas, dropping between 4 and 12 inches of rain. After the storm, insured losses totaled $350 million to $400 million. Hurricane Beta also hit Texas in 2020, which resulted in 14 inches of rain in Houston, and up to 20 inches of rain in other parts of the state.
Flooding in Texas is also extremely common after tropical storms and hurricanes. The risk is particularly high for homes located along the Gulf of Mexico. The III estimates that 563,024 homes in Texas are at risk of serious damage from a category five hurricane.
Add-on homeowners insurance in Texas
Standard home insurance covers your home, personal items, and liability, plus a few other things. You can see exactly what’s covered on your policy declaration page. However, Texas homeowners should also consider adding optional coverages to their home insurance in Texas for added protection.
Flood insurance could be one of the most important coverage for homeowners insurance in Texas because traditional home insurance doesn’t cover floods or water damage. All of the providers we reviewed sell standalone flood insurance through the National Flood Insurance Program (NFIP). You might also consider getting replacement cost coverage for your home and/or belongings, which is also offered by all of the companies on our list.
If you need help deciding what type and how much Texas home insurance coverage you need, here are some state-specific resources to reference:
- Texas Department of Insurance: Home Insurance Guide
- Texas Department of Insurance: 10 Steps to Find the Right Home Insurance
- NFIP: How to Buy Flood Insurance
Texas Home Insurance FAQ
Methodology
We evaluated Texas home insurance companies based on availability, customer satisfaction, financial stability, and coverage to create our best home insurance reviews. To compare home insurance companies with other providers across the board, we review the following:
- Coverage: The more options a home insurance company has for insurance add-ons and coverages, the higher it scores in our methodology.
- Customer Experience: We reviewed the National Association of Insurance Commissioners’ National Complaint Index and compared each homeowners insurance company’s complaint rating.
- Customer Satisfaction: With J.D. Power’s 2020 Home Insurance Satisfaction Study, we assigned a score to each company based on the rating it received.
- Financial Stability: Reviews.com utilized AM Best ratings to assign a score based on each home insurance company’s financial stability.
- Discounts: We reviewed and compared the number of discounts advertised on each home insurance company’s website. The more available discounts, the higher the score.
Rates are based on quoted annual premiums from Bankrate.com. These are sample rates and should be used for comparative purposes only. Your quotes may be different.
The coverage limits for home insurance rates reflect the following coverage and limits:
- Coverage A, Dwelling: $250,000
- Coverage B, Other Structures: $25,000
- Coverage C, Personal Property: $125,000
- Coverage D, Loss of Use: $50,000
- Coverage E, Liability: $300,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
About the Authors
Elizabeth Rivelli is an insurance writer for Reviews.com. Over the last year, she has covered insurance providers, best policies, industry trends and more. Elizabeth has been featured in The Simple Dollar, Bankrate and Coverage.com, among others. She holds a bachelor's degree in Communication Studies from Northeastern University in Boston, MA. The Best Term Life Insurance Companies is Elizabeth’s favorite review on Reviews.com.
