Farmers is the cheapest home insurance option for most homeowners in Texas, with an average monthly savings of $258. Below is a summary of the most affordable providers in the state.
Cheapest Home Insurance in Texas
Updated: March 19, 2025
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Key Takeaways
Farmers, State Farm, Nationwide and Amica offer the lowest-cost home insurance in Texas overall, with potential savings of up to 62%.
Nationwide offers the cheapest homeowners insurance in Texas if you own a new home or have bad credit.
State Farm offers the most affordable home coverage for those in high-risk fire areas in Texas.
Who Has The Cheapest Home Insurance in Texas?
| Farmers | $240 | $2,884 | 52% |
| State Farm | $258 | $3,098 | 48% |
| Nationwide | $401 | $4,811 | 20% |
| Amica | $479 | $5,750 | 4% |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
THE CHEAPEST COMPANY MAY NOT BE THE BEST FOR YOU
While these companies may offer the lowest rates in Texas, evaluating their customer service reputation and coverage options is important. To help, we’ve created a separate guide to the best home insurance companies in Texas, providing a more comprehensive overview.
Cheapest Texas Home Insurance Rates by Category
While we’ve listed the cheapest options for most homeowners, those rates may not reflect your specific situation. For instance, while Farmers is typically the cheapest overall, Nationwide offers the best rates for newer homes. To help, we’ve outlined the cheapest companies on average for common categories.
| Farmers | Older Homes | $240 |
| Nationwide | Newer Homes | $92 |
| State Farm | Homes in High Risk Fire Areas | $258 |
| Nationwide | Bad Credit | $571 |
*Rates are modified based on our methodology’s base profile. Newer home estimates are based on a home built in 2023, high-risk fire estimates are for a policy with 8-class fire protection, and bad credit rates assume a poor credit score on the FICO scale.
Compare Personalized Cheap Texas Home Insurance
The companies listed above typically provide the best rates for their categories, but actual rates vary based on your unique profile. Use the filter below to get a personalized list of the cheapest providers for your situation.
Data filtered by:Results filtered by:
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Coverage Level:$250K Dwelling / $125K Personal Property / $200K Liability
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Deductible:1000
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Claims History:Claim free for 5+ years
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Credit Tier:Good
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Home Age:Older Homes
| Farmers | $250 | $2,995 |
| State Farm | $258 | $3,098 |
| Nationwide | $410 | $4,920 |
| Amica | $499 | $5,982 |
| Chubb | $588 | $7,057 |
Cheapest Texas Home Insurance By City
Risk factors for insurers vary by location, making some providers more affordable than others. For example, while Farmers is the cheapest in most cities, State Farm and Nationwide offer lower rates in places like Amarillo and McAllen.
| Abilene | Farmers | $369 |
| Allen | Farmers | $245 |
| Amarillo | State Farm | $369 |
| Arlington | State Farm | $245 |
| Austin | Farmers | $145 |
| Beaumont | Farmers | $399 |
| Brownsville | Farmers | $268 |
| Carrollton | Farmers | $299 |
| College Station | Farmers | $190 |
| Corpus Christi | State Farm | $266 |
| Dallas | State Farm | $245 |
| Denton | Farmers | $270 |
| El Paso | State Farm | $112 |
| Fort Worth | State Farm | $246 |
| Frisco | Farmers | $230 |
| Garland | Farmers | $290 |
| Grand Prairie | Farmers | $289 |
| Houston | State Farm | $335 |
| Irving | Farmers | $290 |
| Killeen | Farmers | $201 |
| Laredo | Farmers | $151 |
| League City | State Farm | $431 |
| Lewisville | Farmers | $301 |
| Lubbock | State Farm | $349 |
| McAllen | Nationwide | $286 |
| McKinney | Farmers | $287 |
| Mesquite | Farmers | $288 |
| Midland | Farmers | $255 |
| Odessa | Farmers | $237 |
| Pasadena | State Farm | $426 |
| Pearland | Farmers | $362 |
| Plano | Farmers | $292 |
| Richardson | Farmers | $291 |
| Round Rock | Farmers | $168 |
| San Angelo | Nationwide | $252 |
| San Antonio | Farmers | $116 |
| Sugar Land | Farmers | $370 |
| The Woodlands | Farmers | $248 |
| Tyler | Farmers | $232 |
| Waco | Farmers | $191 |
| Wichita Falls | Farmers | $435 |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
How To Find The Cheapest Texas Home Insurance for You
Finding affordable home insurance in Texas can be challenging, but you can significantly lower your costs with some effort. Below are our core recommendations to help you maximize savings on your policy.
- 1
Determine Your Coverage Needs
It’s easy to get oversold on coverage when you don’t have limits in mind before buying. So, determine your home insurance coverage needs beforehand to avoid getting too much coverage. Understand the types of home insurance coverage, so you don’t miss something you may need.
- 2
Research Home Insurance Cost Information
Research home insurance costs in Texas for your profile and available discounts to understand what qualifies as affordable. When ready to buy, ask agents directly about all discounts you may qualify for, as insurers won’t apply them automatically.
- 3
Bundle Your Policies
Bundling home insurance with another policy can save you a lot of money if you stay with the same provider. In Texas, you can save up to 29% on home insurance when bundling with auto policies.
- 4
Compare Multiple Companies Apples To Apples
To ensure you’re getting a good deal, compare quotes for the same coverage. Once aligned, gather as many quotes as possible using different methods to find the best rate.
- 5
Use State-Provided Programs
If you have a high-risk profile and face coverage denials or unaffordable rates, Texas offers a state program through the Texas Fair Plan Association (TFPA). This program provides coverage for those denied by traditional insurers, often at a lower cost than insurers willing to approve you.
Cheap Home Insurance Texas: The Bottom Line
Farmers, Nationwide, and State Farm are typically Texas' most affordable home insurance options, regardless of your profile or home. If you’re denied coverage, the TFPA offers low-cost policies. Still, compare multiple companies, research costs and identify your coverage needs before deciding.
Cheapest Home Insurance Texas: FAQ
Below are answers to frequently asked questions about the cheapest home insurance in Texas:
What is the cheapest home insurance company in Texas?
Nationwide offers the lowest rates for newer homes in Texas at $92 per month or $1,099 per year. However, homeowners with older properties or higher fire protection needs may find better rates with Farmers or State Farm.
How expensive is home insurance in Texas?
Texas has the second-highest home insurance rates in the U.S.
How much is home insurance in Texas?
Home insurance rates in Texas average $499 monthly or $5,989 yearly. However, this may differ depending on you and your home’s unique details.
How much home insurance do I need?
Home insurance isn’t legally required unless you have a mortgage. Lenders typically mandate enough dwelling coverage to fully replace your home if it’s completely destroyed. Beyond that, your coverage should reflect the value of your belongings, local risks like weather or crime and any items you consider irreplaceable.
How We Found The Cheapest Home Insurance Companies in Texas
To determine the cheapest home insurance companies in Texas, we assumed the following base profile:
- $250K dwelling coverage
- $125K personal property coverage
- $200K liability coverage
- Home built in 2000
- Frame construction
- Composition roof
- $1,000 all perils deductible
- No claims in the past 5+ years
- 3-class fire protection
All other combinations were adjusted based on this profile to provide a more accurate comparison for your specific situation. However, these figures are estimates, and we recommend comparing quotes from multiple providers to secure the best deal.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.