Plano Insurance Rates:

Plano, TX home insurance is nearly $923 to $1,249, about $76-$104/month. Our thorough guide reveals consumers can save upto $434 by comparing many quotes

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Plano Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Travelers
Home Insurance Rate of $910/7 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $210,000

2 Beds, 2 Bath 1540 sqft Primary Residence Constructed In 2014 with Stone Flooring, Shingles Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

35 Years old Single Male who is Unemployed with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $640/6 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $180,000

2 Beds, 2 Bath 1280 sqft Rental Property Constructed In 2012 with Carpet over wood flooring, Metal Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 700-749 Credit Score

Home Insurance Rate of $460/6 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $150,000

3 Beds, 3 Baths 1200 sqft Vacation Property Constructed In 2006 with Carpet over wood flooring, Membrane Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Swimming Pool, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Single Male who has a Full Time Job with household income of $100-$150,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $420/5 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $190,000

4 Beds, 4 Baths 1960 sqft Rental Property Constructed In 2010 with Ceramic Tile Flooring, Shingles Roof, Piers Foundation, Brick siding, Brick Frame. Home Features Include Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Single Male who has a Full Time Job with household income of $25-50,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $2140/7 months for $300,000-$350,000 Coverage
Policy Holder Home Details :

Home Value : $360,000

4 Beds, 4 Baths 3015 sqft Primary Residence Constructed In 1974 with Carpet Flooring, Metal Roof, Piers Foundation, Vinyl siding, Brick Frame. Home Features Include Smoke Alarm, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Plano, TX Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
75093 $353,400 $1,180
75024 $284,500 $1,140
75025 $249,200 $1,120
75075 $181,000 $1,070
75023 $172,700 $1,080
75074 $144,100 $1,050

Plano Rates & Quotes Analysis:

Plano Area Estimated House Insurance
Glasgow Dr, Cypress Dr, Mantissa Dr, W Coats Dr, Park Creek Dr, Edgeview Ct, Lost Creek Dr, Stinson Rd, Loch Maree Dr, Thornwood Dr$1,066
Wescott Ln, Chapel Hill Blvd, Old Pond Dr, Allison Ln, Woodway Ln, Woodburn Cors, Yale Dr, Stargazer Dr, Naomi St, Elmer Dr$1,096
Bremerton Ct, Libby Rd, Alandale Dr, Hunter Ln, Lomond Ct, Woodview Ct, Lougheed Plz, W Medalist Cir, Lincolnshire Dr, Balboa Ln$1,153
Marchman Way, Campbell Rd, Heritage Pl, Carta Valley Dr, Rolling Brook Dr, Stone Mountain Ct, Co Rd 265, E 15th St, Wilkins Way, San Mateo Ct$1,096
Rockport Ln, Eagle Pass Way, Covinton Ln, Sheila Dr, Berkeley Ct, Compton Dr, Cardinal Ct, Lawndale Dr, Sharps Dr, Portside Ln$1,040
Progress St, Vernon Ct, McCoy Ct, McKinley Dr, Gansett Dr, Bishop Gate, Ruisseau Dr, Harvey Ln, Barnett Dr, Cayman Xing$1,041
Big Horn Ct, Boysenberry Ln, Pantigo Dr, Russell Creek Dr, S Alma Dr, Thornbranch Dr, Simsbury Dr, Horseshoe Trl, N Timberlake Cir, Greenville Dr$1,101
I Ave, Princeton Dr, Gettysburg Cir, White Oak Dr, Glenmere Trl, Nick Cir, Todd Dr, Plum Ct, Haun Trl, Springbridge Ln$1,021
Deloach Dr, Val Verde Dr, Endicott Dr, Basalt Dr, Lavon Pkwy, Dancing Waters Rd, Spence Dr, Crystal Way, Sunmeadow Dr, Deerhurst Dr$1,092
S Birmingham St, Oswego Dr, Noah Trl, White Oak St, Hinton Dr, Surrey Cir, Hamner Ln, Rivergrove Rd, Burke Dr, Co Rd 247$1,053

Insurance rates are influenced by a number of factors including:

  • Year Built: 63,904 Homes (32% of total) built between 1990 to 1999 in Plano are paying home insurance between $1,567-$1,583 and differs from Parker (+$190), Murphy (+$37), Lucas (+$155), Allen (-$18) and Richardson (-$28).
  • Bedrooms: 64,755 4 bedrooms homes (32% of total homes ) in Plano are paying about $1,314. Areas near to Plano such as Parker, Murphy, Lucas are costlier by $159, $31, $118 respectively whereas Allen and Richardson are more economical by $26, $23 respectively for similar homes.
  • Auto Insurance Bundling: 30,939 Households (24% of all households) in Plano have 3 or more vehicles available and when it is bundled with home insurance you can save $271 and varies from Parker ($304), Allen ($268), Murphy ($278).
  • Senior Discounts: 43,477 seniors (more than 55 years) occupied housing units (34% of total) in Plano get discounts between $162 to $165 and varies from Parker ($182), Allen ($161), Murphy ($166).
  • New Homes discounts: New homes such as the 117,818 homes built between 2000 to 2009 in Plano can save $217 and similar new home insurance discounts in nearby towns and cities like Parker, Allen and Murphy are $243, $214 and $222 respectively.

Plano Homeowners insurance Facts

  • Plano, TX has 125,588 owner occupied houses which is 67.0% of all units whereas Parker, Allen and Murphy have 91.06%, 79.2% and 94.64% respectively.
  • Plano, TX homeowners yearly insurance price at $1,086 is 0.5% of the typical house value of $216,900 which is in contrast with 0.27% in Parker, 0.54% at Allen & 0.42% in Murphy.
  • Homeowners in Plano, TX pay 1.89% of their income ($45,000 to $49,999) in insurance whereas homeowners in Allen, Murphy and Lucas pay 1.87%, 1.93% and 2.08% respectively.
  • Plano, TX’s insurance is 4.6% of monthly housing costs of $1,955/month, for owners with a mortgage compared to 2.98% in Parker, 4.67% at Allen & 4.01% in Murphy. But, for households without a mortgage, insurance is 11.9% of costs ($759 in Plano, TX) in contrast with 11.49% in Parker, 11.87% at Allen & 11.66% in Murphy.

Plano, TX Home Values & Insurance rates

For example, insurance for 13,795 Homes (12.0% of total homes ) valued between $175,000 to $199,999 in Plano, TX is about $933. Rates in nearby areas in such as Parker, Murphy, Lucas are cheaper by $434, $144, $396 respectively while Allen and Richardson are costlier by $76 and $155 respectively for similar homes.

Plano, TX Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,354 2.0% $119
$90,000 to $99,999 1,571 1.0% $466
$100,000 to $124,999 6,231 5.0% $543
$125,000 to $149,999 11,922 10.0% $684
$150,000 to $174,999 16,419 14.0% $803
$175,000 to $199,999 13,795 12.0% $933
$200,000 to $249,999 23,542 21.0% $1118
$250,000 to $299,999 16,115 14.0% $1379
$300,000 to $399,999 16,861 15.0% $1748

Renters Insurance in Plano

  • Average Renters Insurance in Plano :  $127($10/month)

  • Median Gross Rent in Plano :  $1,009

  • Plano Renters Insurance to Median Rent Ratio:  0.99%

  • Renter occupied housing units in Plano :  61,828

Plano Renters Insurance as a Percentage of Rent

Plano Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 764 1.0% $1231
$500 to $749 8,013 13.0% $1906
$750 to $999 20,470 33.0% $2656
$1,000 to $1,499 21,778 35.0% $3781
$1,500 or more 9,000 14.0% $5431

Rent Affordability in Plano:

Approximately 35.0% (21,976) of households are spending more than 35% of their income on gross rent in Plano

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 8,395 13.0%
15.0 to 19.9 percent 8,773 14.0%
20.0 to 24.9 percent 9,619 15.0%
25.0 to 29.9 percent 7,576 12.0%
30.0 to 34.9 percent 5,489 8.0%
35.0 percent or more 21,976 35.0%

Plano Renters Insurance Discounts:

Plano Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Plano, TX Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 35,294 57.0% $12.7
2 vehicles available 19,108 30.0% $19.05
3 or more vehicles available 3,162 5.0% $25.4

Protective device discount in Plano Up to :  $19

Claims-free discount in Plano Up to :  $25