Updated: December 16, 2024
Advertising & Editorial Disclosure
In Allen, TX, Chubb is both the overall best and most affordable option for home insurance. If you value excellent customer service, Amica may be your top choice.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceAllen, TXTable of Contents
Why Trust MoneyGeek? We collect data from Texas's Department of Insurance and Quadrant Information Services to find the top homeowners insurance in Allen, assuring our selections are data-driven.
Home insurance premiums in Allen represent the most competitive estimates as of September 2024.
MoneyGeek found that Chubb is the best option for home insurance in Allen, TX, with a MoneyGeek score of 96 for 100K dwelling coverage.
The scores for home insurance companies in Allen in the best overall category range from 44 to 96. These figures are based on MoneyGeek's scoring system, and insurers may have different scores depending on your credit history and the age of your home.
| Chubb | 96 | $1,878 |
| Amica | 93 | $2,440 |
| Farmers | 86 | $1,915 |
| State Farm | 84 | $2,796 |
| Nationwide | 82 | $3,418 |
| IAT Insurance Group | 54 | $4,153 |
| ASI | 44 | $7,052 |
MoneyGeek found that Chubb is the best option in Allen, TX, for 100K dwelling coverage. The two best overall home insurance companies in Allen, Texas, for $100K dwelling coverage are:
Chubb stands out as the best home insurance provider due to its balance between affordability and customer satisfaction.
Allen, TX, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Chubb is the best overall company with high scores in affordability and satisfaction. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. Discounts like new home and home renovation help policyholders save. A new home discount applies if your home is 10 years old or less.
Chubb's cash settlement coverage lets you choose not to rebuild after a loss. Personal property replacement cost covers your belongings without depreciation. Risk consulting offers services like wildfire defense and home assessment. These coverages provide valuable protection and peace of mind for homeowners.
MoneyGeek found that Amica is the best option in Allen, TX, for its exceptional customer service in home insurance with 100K dwelling coverage. Here are the top two providers for $100K dwelling coverage:
Amica is the best because it excels in customer satisfaction and coverage options. It balances a high satisfaction rate with attractive coverage features. You should consider Amica for its trusted service and comprehensive coverage, which are top-tier in the market. Excellent service in home insurance includes friendly assistance and timely claim processing.
Amica scores high for customer satisfaction and coverage. It offers comprehensive home insurance with guaranteed replacement cost, which helps rebuild your home if costs exceed limits. Back-up of sewer or drain covers water damage from backups. Scheduled personal property protects valuable items like jewelry.
It also provides discounts like continuously insured and automatic payment. To qualify for continuously insured, stay with the same insurer for at least two years.
MoneyGeek found that Chubb is the best cheap home insurance option in Allen, TX. The top two best cheap insurance providers for $100K dwelling coverage are:
Chubb stands out because of its excellent customer satisfaction and coverage scores. However, keep in mind that cheap home insurance often means choosing less coverage. While this can save money, it might not cover everything if there's an accident. In instances where saving on premiums is a priority, considering the cheapest homeowner insurance companies may be beneficial.
Best cheap insurance is different from the cheapest because it considers more factors than just price.
Chubb is the best cheap company with a high MoneyGeek Score due to its affordability and coverage. It offers coverages useful for homeowners. Guaranteed replacement cost helps rebuild your home even if costs exceed limits. Building ordinance or law covers updates to meet current codes. Cash settlement offers a payout if you choose not to rebuild. These coverages protect your home and belongings.
Chubb provides discounts like new home for those 7 or 10 years old or less and home renovation for recently updated homes. These help you save money.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 24, 2024
Location is one of several factors impacting homeowners insurance in Allen. Comparing rates is key to saving money, but it can take over an hour as each company may take 15 minutes. MoneyGeek's home insurance calculator saves time by focusing on important factors. Enter your age, dwelling coverage, credit score, deductible, liability coverage and more for a quick estimate.
Chubb offers the most affordable home insurance in Allen, Texas. The main factor affecting home insurance premiums is the dwelling coverage you choose.
Chubb stands out as the cheapest for $100K coverage with the highest MoneyGeek score in Allen. Meanwhile, Farmers leads for the $250K and $500K coverages and is also deemed best by MoneyGeek score. Opting for the cheapest homeowners insurance in Texas helps manage finances more effectively and provides adequate protection for your home.
| Chubb | $1,878 |
| Farmers | $1,915 |
| Amica | $2,440 |
| State Farm | $2,796 |
| Nationwide | $3,418 |
| IAT Insurance Group | $4,153 |
| ASI | $7,052 |
Farmers is the best option for high-value home insurance in Allen, TX. Homes that are costly to rebuild need high dwelling coverage, and home insurance costs usually rise with this.
Farmers stands out as the cheapest in Allen due to its low premiums. While cost is essential, the insurer also receives a high rating from MoneyGeek, suggesting that being the least expensive doesn't mean compromising quality.
| Farmers | $5,246 |
| State Farm | $9,579 |
| Chubb | $11,627 |
| Nationwide | $14,214 |
| Amica | $14,331 |
| IAT Insurance Group | $18,525 |
| ASI | $34,449 |
Nationwide offers the most affordable home insurance for new homes requiring $100K dwelling coverage in Allen, TX.
Nationwide stands out as the lowest cost choice for $100K dwelling coverage in Allen. While it is the cheapest, it also scores high on overall satisfaction and coverage.
Remember, ensure your new home is adequately covered to protect your investment.
| Nationwide | $783 |
| State Farm | $1,261 |
| Farmers | $1,276 |
| Chubb | $1,332 |
| Amica | $1,687 |
| IAT Insurance Group | $1,920 |
| ASI | $2,288 |
Securing the best cheap homeowners insurance is about finding a provider that delivers excellent customer service and comprehensive coverage at an affordable rate. Providers that achieve this balance offer peace of mind without breaking the bank, ensuring you are well protected from various risks to your home.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
To determine how much home insurance coverage you need, consider the specifics of your home in Allen, Texas, including rebuilding costs and personal property value.
Research insurance companies serving Allen, Texas. Look for those with strong financial stability and good customer reviews.
After identifying needed coverages, compare home insurance quotes. In Allen, Texas, premiums for $100K dwelling coverage range from $1,878 to $4,153 annually.
Inquire with each provider about potential discounts, such as those for bundling policies or installing safety features.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can manage in case of a claim.
Enhancing home security with systems and robust locks can lower your home's risk profile and insurance costs.
A good credit score can influence your insurance rates in Allen, Texas. Pay bills on time and minimize outstanding debt.
Consider bundling your homeowners insurance with other policies like auto insurance to achieve savings.
The best cheap home insurance provider for you in Allen depends on how much coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about best cheap insurance rates in Allen, Texas.
The average cost of home insurance in Allen, Texas, is $1,950.
The cheapest home insurance company in Allen, Texas, is Chubb, with an annual premium of $1,878.
The best home insurance in Texas for Allen residents is provided by Chubb, with a MoneyGeek score of 96 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
