Who Has the Cheapest Homeowners Insurance Quotes in Texas?

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This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

The center of the South with a culture all its own, Texas is a place where families stay for generations and the people who leave take a part of Texas with them. Strong homes make this state, and we want you to make sure that yours is protected. Do that with a homeowners insurance policy, which will give you a safety net should the worst happen to your home. All you need to do is take some time to look at the options, and then sign up with a provider. To help you, we scoped out the cheapest options in the state.

Here are the four cheapest homeowners insurance providers operating in Texas:

The Four Cheapest Quotes:

Texas is larger than quite a few other states combined, so you should know that different regions and different homes can expect different rates. We focused on trends and averages, but your experience might deviate from the norm listed below.

The number listed next to each provider is the average annual rate for a standard policy.

1) United Property: $1,430

United Property, often known as UPC Insurance, is the cheapest option by far in Texas, and that in itself makes it a strong choice for many money-minded homeowners. Operating in 13 states and primarily based in Florida, you can still find excellent agents in Texas and be able to get coverage no matter the size of your home. In general, we think most homeowners should start here.

Yet being a smaller (relatively) company that focuses on keeping costs low, not much time could be dedicated to customer service it seems. A lot of complaints are situated in Florida instead of Texas, but busy times might mean you could be waiting a while. Their Texas team seems to be one of the best, but be careful and think about the cost of your time as well as your money.

You can expect the following working with United Property:

  • Few limitations or restrictions about what homes can get coverage and how much coverage you can get.
  • Plenty of bundled coverage opportunities, including the following: personal property replacement, personal injury, service line coverage, water damage, home systems protection, and others. You can also get enhanced coverage limits for a number of item categories.
  • Great options and coverages for people who live near the coast.

2) Travelers: $2,171 

While Travelers isn’t the cheapest in Texas, it is still highly affordable if United Property isn’t enough for you, and also one of the most flexible options for homeowners insurance you can find. If you need a customized policy, Travelers can likely deliver, and there are plenty of extra options on top of that. And with discount options, Travelers is the clear choice for many homeowners on a budget.

Yet there’s always a price to pay for a low rate, and you should know that Travelers customers aren’t always satisfied with their plan. Some think that the coverages aren’t enough, and others find that the customer service doesn’t meet their standards. Do your research and read your potential plan, and you shouldn’t fall into the same trap.

You can expect the following working with Travelers:

  • Plenty of different optional coverages to work with, making Travelers a good choice for homeowners with unique dangers facing their home or special types of property.
  • More financial stability than the vast majority of the competition. You will never have to worry about payout or desperate rate spikes.
  • Discounts opportunities for the following: remaining claim-free, bundling policies, owning a “green home”, and installing protective devices.

3) AIG: $2,554

AIG is a bit harder to categorize, but overall we think the company is well-suited for expensive homes or homeowners with plenty of assets they want to be covered. With strong policies available, they might be able to best protect high-value estates without costing as much as the more mainstream providers would have you pay.

Yet while they’re good on paper here, you need a quote to make a decision, and it can be surprisingly tough to get a quote from AIG. Claims are also difficult for people based on ratings, and some people can only get a plan if they get another policy. Working with them might not be worth it unless no other company has enough coverage.

You can expect the following working with AIG:

  • Plenty of other insurance types in the event you need additional policies.
  • Many sizable discounts to make your rate affordable.
  • The option to get a cash settlement instead of a repair if you so choose.

4) State Farm: $3,272

To be entirely honest, State Farm in Texas is on average a tough sell. Their main benefit in other states is their affordability, and here it’s the most expensive option by a wide margin. That being said, they’re still great if you can get a low quote or are looking for the simplest company to work with. You’ll know exactly what you’re getting from them, and we understand that can be very valuable to those who don’t like working with mysteries or confusion.

Yet that also means there isn’t much to State Farm beyond what you see on the surface. Customization options are few, and to make matters worse, there aren’t many discount options beyond bundling to work with. As mentioned above, State Farm is something we would recommend to only a select few and lucky Texas homeowners.

You can expect the following working with State Farm:

  • An online quoting tool that can quickly tell you if State Farm is worth more of your time.
  • A wide network of agents that can help you no matter where you are.
  • A degree of dedication to customer service and making sure you’re happy with your policy.

Conclusion

There quite nothing like have a fine Texas home, but there’s also quite nothing like the range of threats that can target a Texas home. To take off some of the pressure and allow yourself to worry less, we recommend investing in a homeowners insurance policy. There are plenty of different options, and we think that one of the above companies can provide you with a plan for years to come. Take some notes, get some quotes, and start searching! We’re confident you’ll get exactly what you need in no time at all.