Best homeowners insurance in Texas (2024)

State Farm home insurance is one of the best overall home insurance providers in Texas thanks to its statewide availability, large selection of policy options for most home types, high customer service marks, and industry-best financial stability ratings.

Pros

• High customer satisfaction and financial strength ratings

• Top-tier coverage add-ons, including extended replacement cost coverage

• Offers large discounts when you bundle your home and auto insurance

Cons

• 20% more complaints filed with the NAIC than other companies of its size

• No discounts for first-time homebuyers

Why we chose State Farm

At a time when lots of competitors are no longer insuring homes in areas prone to wildfires or hurricanes, State Farm continues to offer its relatively affordable and highly-rated home insurance to homeowners in most parts of the country, including Texas.

While some of its competitors may not have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.

How do State Farm home insurance rates compare to the Texas average?

The average cost of State Farm home insurance in Texas is $2,743 per year, which is about 6% cheaper than the average annual premium in Texas of $2,919.

How to get a quote

Online through State Farm

Along with saving around 20% when you bundle your home and car insurance, Farmers also gives you access to its extensive suite of discounts, unique policy credits, and claim-free incentives that help put money back in your pocket.

Pros

• 12+ discounts to save on rates

• Optional extended or guaranteed replacement cost dwelling coverage

• Shave $50 off your deductible each year you’re with Farmers

Cons

• Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

Why we chose Farmers

Farmers home insurance stands out against competitors thanks to its 17 available discounts and policy perks. For context, Farmers competitors offer an average of around seven discounts total.

Along with several discount offerings and affordable rates, Farmers also offers the following two key policy perks:

• Declining deductibles: Earn $50 toward your home deductible each year you have a home insurance policy with Farmers.

• Claim forgiveness: Once you’ve gone five years without filing a claim, Farmers won’t raise your rate after that if you end up filing one.

Even more, depending on your state of residence, you can save up to 45% on your auto insurance and up to 34% on your home insurance when you bundle policies, according to farmers.

How do Farmers home insurance rates compare to the Texas average?

The average cost of Farmers home insurance in Texas is $484 per year, which is around 83% cheaper than the annual statewide average of $2,919.

How to get a quote

Online through Farmers

Nationwide home insurance features an extensive range of comprehensive coverage and policy options. It also received high marks for claims satisfaction with J.D. Power, indicating you can rely on Nationwide when it matters most.

Pros

• Multiple high-quality coverage options

• Highly rated for claims satisfaction with J.D. Power

Cons

• Below-average customer satisfaction and digital experience ratings

• Won’t cover Airbnbs or other short-term rentals

Why we chose Nationwide

Nationwide is known for it's robust policy options and large selection of coverage add-ons, such as flood coverage and options to rebuild your roof with stronger materials after a covered loss, making Nationwide a smart choice if you live in a Texas area at risk for extreme weather or natural disasters. While Nationwide’s average home insurance rate of $4,456 is among the most expensive in our top company analysis, it has several discount options available that can trim those high costs.

How do Nationwide home insurance rates compare to the Texas average?

The average cost of Nationwide home insurance in Texas is $4,456 per year, which is around 50% higher than the annual statewide average of $2,919.

How to get a quote

Online through Policygenius or Nationwide

Progressive offers robust home insurance coverage and ways to save. Our fave perk? Its bundling discount, which lets you save up to 20% on premiums and only requires you to pay one deductible if your home and car are damaged in the same event.

Pros

• Save up to 20% when you bundle your home and auto insurance

• Bundling perks include single-deductible claims and streamlined bill payment

• User-friendly app to manage and update policy

Cons

• Below-average claims satisfaction ratings

• Cost varies by company Progressive places you with

• Customer service & claims options vary by company

Why we chose Progressive

Progressive shines for its industry-best home and auto insurance bundling perks. Insure both your home and car with Progressive and you’ll not only score a huge discount, but you’ll only have to pay one deductible if your home and car are damaged in the same incident. This means if a tornado or hurricane knocks a tree over onto your home and car, you’ll only be on the hook for one deductible.

How do Progressive home insurance rates compare to the Texas average?

The average cost of Progressive home insurance in Texas is $5,102 per year, which is about 75% more expensive than the average annual premium in Texas of $2,919.

How to get a quote

Online through Policygenius or ASI Progressive