Home Insurance Estimator
Estimate your annual homeowners insurance premium based on home value, location, coverage type, and deductible.
Estimated Annual Premium
$1,776
$148.02/month
Compared to National Average
National Avg
$1,225/yr
Texas
$1,776/yr
Insurance in Texas is about 45% higher than the national average due to weather risks and claims history.
What's Standard Coverage Include?
Dwelling (structure)
Full replacement cost
Personal property
Up to 70% of dwelling coverage
Liability protection
$300,000 limit
Additional living expenses
Up to 30% of dwelling coverage
Other structures (shed, fence)
Up to 10% of dwelling coverage
Medical payments
$5,000 per person
Flood damage
Requires separate flood insurance
Earthquake damage
Requires separate earthquake insurance
Tips to Lower Your Premium
- ✓ Raise your deductible — going from $500 to $1,000 can save 10-15% on premiums.
- ✓ Bundle home and auto insurance for a multi-policy discount (typically 5-15%).
- ✓ Install security systems, smoke detectors, and deadbolts for safety discounts.
- ✓ Maintain a good credit score — many insurers use credit-based insurance scores.
- ✓ Shop around annually and compare quotes from at least 3-5 companies.
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Frequently Asked Questions
Is homeowners insurance required?
While not legally required, your mortgage lender will require it as a condition of the loan. Even if you own your home outright, it's strongly recommended to protect your investment.
What's the difference between actual cash value and replacement cost?
Actual cash value pays what items are worth today (minus depreciation). Replacement cost pays what it costs to buy new. Replacement cost policies cost more but provide significantly better coverage.
Do I need flood insurance?
Standard homeowners insurance does not cover flood damage. If you're in a FEMA-designated flood zone, your lender will require it. Even outside flood zones, about 25% of flood claims come from moderate-to-low-risk areas.
How much deductible should I choose?
Choose a deductible you can comfortably afford to pay out-of-pocket. A $1,000 deductible is the most common choice. Going higher saves on premiums but means more out-of-pocket expense when you file a claim.