Richardson Insurance Rates:

Richardson, TX home insurance is roughly $907 to $1,228, about $75-$102/month. Our in depth guide reveals consumers can save as much as $426 by getting different quotes

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Read Richardson, Texas Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Richardson Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Farmers Insurance
Home Insurance Rate of $3710/12 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $390,000

5 Beds, 5 Baths 3730 sqft Seasonal Residence Constructed In 1980 with Ceramic Tile Flooring, Shingles Roof, Piers Foundation, Wood siding, Brick Frame. Home Features Include Fire Extinguisher, Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

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

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

  • 550-599 Credit Score

Home Insurance Rate of $530/5 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $160,000

3 Beds, 3 Bath 1280 sqft Vacation Property Constructed In 1982 with Stone Flooring, Metal Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Central Air Conditioning, Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

67 Years old Single Male who is Retired with household income of $25-50,000 and has 3 Pets and is a Smoker

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

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $630/5 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $190,000

4 Beds, 4 Baths 1610 sqft Rental Property Constructed In 2004 with Linoleum, Membrane Roof, Piers Foundation, Stone Siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Fire Extinguisher, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

62 Years old Single Female who has a Full Time Job with household income of more than $150,000 and has 3 Pets and is a Smoker

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

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $580/7 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $145,000

4 Beds, 4 Baths 1670 sqft Primary Residence Constructed In 1961 with Linoleum, Tile Roof, Slab Foundation, Stone Siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

48 Years old Single Male who has a Full Time Job with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $1010/10 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $190,000

3 Beds, 3 Bath 1910 sqft Seasonal Residence Constructed In 1967 with Carpet over wood flooring, Metal Roof, Crawl Space Foundation, Stone Siding, Wood Frame. Home Features Include Deadbolt Locks, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $850/9 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $150,000

2 Beds, 2 Bath 1290 sqft Seasonal Residence Constructed In 1977 with Carpet over wood flooring, Shingles Roof, Crawl Space Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Fireplace, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

72 Years old Divorced Female who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

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

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $210/2 months for $125,000-$150,000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 1348 sqft Primary Residence Constructed In 1986 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

54 Years old Single Female who has a Full Time Job with household income of $100-$150,000 and has More than 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Richardson, TX Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
75082 $249,700 $1,130
75080 $176,100 $1,080
75081 $162,300 $1,060

Richardson Rates & Quotes Analysis:

Richardson Area Estimated House Insurance
Callejo Rd, Winterwood Ct, Cap Rock Cir, Silverstone Dr, Parkview Cir, Bobby Boyd Ln, Park Meadow Ln, Cori Pl, Poppy Ln, Gorham Dr$1,089
Chariot Ln, Howard Ln, Cotswolds Ct, Sotogrande Dr, N Lindale Ln, S Spring Creek Dr, Haynes Dr, Cavalier Ct, Cumberland Pl, Southwick Dr$1,062
Custer Pkwy, Greenleaf Dr, Regal Ct, Stacey Ct, Oakmont Pl, Kelly Cir, W Muirfield Rd, Excalibur Cir, Industrial Dr, Clear Springs Cir$1,093
Elmwood Dr, Harvest Glen Dr, Eton Dr, Hanover Dr, Bates Dr, Norfolk Dr, Springtree Cir, Garden View Ln, Sandy Trl, Rockport Cir$1,089
Ivanridge Ln, Martha Manor, Osage Dr, Tralee Ln, Chadwick Ln, Fall Creek Ct, Derby Dr, Grove Park Ln, Vineyard Trl, Belt Line Cove$1,088
Drawbridge Ln, Woodsprings Dr, Hampshire Ln, Butternut Dr, Sallie Cir, Raford Hill Ln, Shadycreek Dr, Shenandoah Pl, Loganwood Ave, Chadwick Pl$1,068
Lookout Dr, Hillsdale Dr, S Bowser Rd, Boulder Trl, Dunrobin, Analog Dr, Barclay Ln, Tejas Trl, Carolina Ct, Rimes Dr$1,088
E Lookout Dr, Milford Ave, Eastpark Dr, Stardust Ln, Hillside Ave, Canyon Meadow Dr, Kellie St, Commerce Dr, Dumont Dr, Fireside Ct$1,092
Queen Victoria Ct, Regency Dr, Shannon Ct, Beth Ct, E Prairie Creek Dr, Aberdeen Dr, Yorkshire Ct, Allegheny Ct, White Cliff Ln, Wicklow Ln$1,102
Cavalier Plz, Kent Brown Rd, Carnoustie Ct, S Sherman St, Hilltop Ave, Winding Brook Ln, Cherokee Dr, Forest Park Dr, Meadowcove Dr, Collins Ct$1,090

Insurance rates are influenced by a number of factors including:

  • Year Built: 6,997 Homes (17% of total homes ) built between 1990 to 1999 in Richardson are paying home insurance between $1,539-$1,555. Places close to Richardson, TX such as Murphy, Plano, Addison are more expensive by $65, $28, $69 respectively while Garland and Northeast Dallas are cheaper by $55 and $33 respectively for similar homes.
  • Bedrooms: 7,068 2 bedrooms homes (17% of total homes ) in Richardson are paying about $651. Areas near to Richardson such as Murphy, Plano, Addison are costlier by $28, $12, $30 respectively whereas Garland and Northeast Dallas are more economical by $23, $14 respectively for similar homes.
  • Auto Insurance Bundling: 4,937 Households (20% of all households) in Richardson have 3 or more vehicles available and when it is bundled with home insurance you can save $266 and differs from Garland ($257), Murphy ($278), Plano ($271).
  • Senior Discounts: 11,613 seniors (more than 55 years) occupied housing units (48% of total) in Richardson get discounts between $159 to $162. The comparative concessions in proximate regions such as Garland, Murphy and Plano are $154, $166 and $162 respectively.
  • New Homes discounts: New homes such as the 15,222 homes built between 2000 to 2009 in Richardson can save $213 compared to Garland ($205), Murphy ($222), Plano ($217).

Richardson Homeowners insurance Facts

  • Richardson, TX has 23,734 owner occupied houses which is 61.9% of all units whereas Garland, Murphy and Plano have 65.25%, 94.64% and 67.01% respectively.
  • Richardson, TX homeowners yearly insurance price at $1,067 is 0.58% of the typical house value of $183,500 which is in contrast with 0.88% in Garland, 0.42% at Murphy & 0.5% in Plano.
  • Homeowners in Richardson, TX pay 1.58% of their income ($60,000 to $74,999) in insurance whereas homeowners in Garland, Murphy and Plano pay 1.52%, 1.65% and 1.61% respectively.
  • Richardson, TX’s insurance is 5.1% of monthly housing costs of $1,734/month, for owners with a mortgage compared to 6.22% in Garland, 4.01% at Murphy & 4.63% in Plano. But, for households without a mortgage, insurance is 13.0% of costs ($682 in Richardson, TX) in contrast with 16.12% in Garland, 11.66% at Murphy & 11.92% in Plano.

Richardson, TX Home Values & Insurance rates

For example, insurance for 2,389 Homes (10.0% of total homes ) valued between $300,000 to $399,999 in Richardson, TX is about $2,027. Rates in nearby areas in such as Murphy, Plano, Addison are cheaper by $549, $279, $578 respectively while Garland and Northeast Dallas are costlier by $1,049 and $499 respectively for similar homes.

Richardson, TX Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 350 1.0% $138
$80,000 to $89,999 361 1.0% $490
$90,000 to $99,999 293 1.0% $544
$100,000 to $124,999 1,862 8.0% $629
$125,000 to $149,999 2,884 12.0% $789
$150,000 to $174,999 4,568 20.0% $938
$175,000 to $199,999 3,202 14.0% $1088
$200,000 to $249,999 4,052 17.0% $1301
$250,000 to $299,999 2,403 10.0% $1600
$300,000 to $399,999 2,389 10.0% $2027

Renters Insurance in Richardson

  • Average Renters Insurance in Richardson :  $155($12/month)

  • Median Gross Rent in Richardson :  $1,055

  • Richardson Renters Insurance to Median Rent Ratio:  1.14%

  • Renter occupied housing units in Richardson :  14,636

Richardson Renters Insurance as a Percentage of Rent

Richardson Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 320 2.0% $1238
$500 to $749 2,307 16.0% $1913
$750 to $999 3,625 25.0% $2663
$1,000 to $1,499 5,863 41.0% $3788
$1,500 or more 2,052 14.0% $5438

Protective device discount in Richardson Up to :  $23

Claims-free discount in Richardson Up to :  $31