Sherman Insurance Rates:

Sherman, TX home insurance is roughly $865 to $1,173, about $72-$97/month. Our thorough analysis shows customers can save as much as $407 by getting many quotes

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Sherman, Texas Homeowners share details on the cheapest & most trustworthy home insurance companies for you to compare & get great deals.

Sherman Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Chubb Group of Insurance
Home Insurance Rate of $80/1 month for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

4 Beds, 4 Bath 1780 sqft Vacation Property Constructed In 1961 with Carpet Flooring, Slate Shingles Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Fireplace, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

71 Years old Divorced Female who is a Freelancer with household income of $75-$100,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $150/3 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $100,000

2 Beds, 2 Bath 1730 sqft Primary Residence Constructed In 2010 with Hardwood Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Brick siding, Stucco Construction. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

68 Years old Married Male who is a Freelancer with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

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

  • 700-749 Credit Score

Home Insurance Rate of $110/1 month for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $160,000

5 Beds, 5 Baths 2480 sqft Seasonal Residence Constructed In 2009 with Linoleum, Metal Roof, Chainwall Foundation, Brick siding, Wood Frame. Home Features Include Fireplace, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Divorced Male who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Smoker

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

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1220/9 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $225,000

4 Beds, 4 Bath 3340 sqft Seasonal Residence Constructed In 1970 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Stone Siding, Stucco Construction. Home Features Include Fire Extinguisher, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $330/5 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $125,000

2 Beds, 2 Bath 1720 sqft Vacation Property Constructed In 1991 with Linoleum, Membrane Roof, Crawl Space Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Fire Extinguisher, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

27 Years old Married Female who has a Full Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $320/8 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $65,000

2 Beds, 2 Bath 1080 sqft Vacation Property Constructed In 1996 with Carpet over wood flooring, Tile Roof, Slab Foundation, Stone Siding, Metal Frame Construction. Home Features Include Swimming Pool, Central Air Conditioning, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Single Male who has a Full Time Job with household income of $100-$150,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $1330/12 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $145,000

4 Beds, 4 Baths 2090 sqft Vacation Property Constructed In 1994 with Wood Flooring, Composition Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

68 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $210/4 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $85,000

2 Beds, 2 Bath 1350 sqft Rental Property Constructed In 1998 with Linoleum, Slate Shingles Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Fire Extinguisher, Smoke Alarm, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

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

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $440/3 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $195,000

4 Beds, 4 Baths 2680 sqft Rental Property Constructed In 1941 with Wood Flooring, Tile Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Indoor Sprinklers, Fireplace, Copper Water Pipes, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

50 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $880/9 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $100,000

2 Beds, 2 Bath 1250 sqft Rental Property Constructed In 1988 with Carpet Flooring, Membrane Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Divorced Male who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 550-599 Credit Score

Home Insurance Rate of $210/3 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Baths 2340 sqft Rental Property Constructed In 1965 with Hardwood Flooring, Slate Shingles Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

58 Years old Divorced Female who is a Freelancer with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Sherman, TX Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
75090 $77,900 $1,010
75092 $116,500 $1,040

Sherman Rates & Quotes Analysis:

Sherman Area Estimated House Insurance
W Pacific St, S Cleveland Ave, W Mesquite St, Circle Dr, Center St, Post Oak Dr, E Evergreen St, Porch St, W Park Ave, Grayson Dr$1,030
S Branch St, Odneal St, E Lake Ave, Goodjohn St, Hackleman Rd, S East St, Elizabeth St, N East St, E Gulick Ave, S Highland Ave$998
Verdi Ln, N Wharton St, S Busby St, E Kosse St, Buck Creek Rd, Swanner Dr, S Walnut St, N Branch St, E Eagle Ln, Southfork Dr$997
N Hickory St, W Calgary Dr, Blaine St, Rolling Hills Dr, E King St, Old Scaggs School Rd, Vista Lagos Dr, Cr 292, N 7th St, Red Maple Rd$1,036
Northridge Dr, W Terrell Rd, N Meadows Ln, Hefley Rd, Dickson Cir, S Hwy 91, Hogskin Rd, Longhorn Trl Rd, FM 902 E, N McKown Ave$1,024
Reed Cir, Carter Ct, Willow Ridge Cir, Stiff Chapel Rd, S Willow St, W Tutt St, Sherwood Dr, Scott Rd, S Gribble Ave, Knollwood Dr$1,038
Brookhollow St, Walnut St, Blanton Pl, E Richards St, Forest Creek Dr, Massey Rd, Hilre Dr, Wyatt Rd, Beatrice St, Pheasant$1,039
Collins Dr, Hwy 691, Bounds Ranch Rd, Water St, S Branch St, Collinsville St, Anita St, Canyon Creek, Parkside Rd, Lamberth Cir$1,036
Welch School Rd, Short Ln, Collins Rd, East St, Hub St, Moreland Dr, Comino Dos Logos Dr, Old Tioga Rd, N Grant Dr, E Moore St$1,020
Martinek Rd, N Bledsoe St, Durning Rd, Burton St, Blueberry, Tejas Dr, Bodovsky Rd, E Dorchester St, Poco Redonda, Haun Rd$1,034

Insurance rates are influenced by a number of factors including:

  • Year Built: 2,818 Homes (16% of total homes ) built between 1970 to 1979 in Sherman are paying home insurance between $1,652-$1,667. Places close to Sherman, TX such as Gunter, Southwest Grayson, Pottsboro are more expensive by $20, $33, $49 respectively while Southmayd and Knollwood are cheaper by $37 and $70 respectively for similar homes.
  • Bedrooms: 5,479 2 bedrooms homes (33% of total homes ) in Sherman are paying about $632 compared to Dorchester (+$5), Pottsboro (+$8), Hendrix(OK) (+$520), Grayson County (-$8) and Southmayd (-$14).
  • Auto Insurance Bundling: 3,740 Households (46% of all households) in Sherman have 2 vehicles available and when it is bundled with home insurance you can save $203 compared to Grayson County ($204), Southmayd ($199), Knollwood ($195).
  • Senior Discounts: 3,749 seniors (more than 55 years) occupied housing units (46% of total) in Sherman get discounts between $152 to $155 and varies from Grayson County ($153), Southmayd ($149), Knollwood ($146).
  • New Homes discounts: New homes such as the 5,928 homes built between 2000 to 2009 in Sherman can save $203 and similar new home insurance discounts in nearby towns and cities like Grayson County, Southmayd and Knollwood are $204, $199 and $195 respectively.

Sherman Homeowners insurance Facts

  • Sherman, TX has 8,085 owner occupied houses which is 54.3% of all units whereas Grayson County, Southmayd and Knollwood have 68.97%, 87.29% and 53.69% respectively.
  • Sherman, TX homeowners yearly insurance price at $1,019 is 1.05% of the typical house value of $97,100 which is in contrast with 0.99% in Grayson County, 1.72% at Southmayd & 4.46% in Knollwood.
  • Homeowners in Sherman, TX pay 4.53% of their income ($20,000 to $24,999) in insurance whereas homeowners in Grayson County, Southmayd and Knollwood pay 4.54%, 4.43% and 4.34% respectively.
  • Sherman, TX’s insurance is 7.6% of monthly housing costs of $1,118/month, for owners with a mortgage compared to 7.0% in Grayson County, 8.64% at Southmayd & 9.83% in Knollwood. But, for households without a mortgage, insurance is 19.1% of costs ($444 in Sherman, TX) in contrast with 19.22% in Grayson County, 21.17% at Southmayd & 15.58% in Knollwood.

Sherman, TX Home Values & Insurance rates

For example, insurance for 564 Homes (7.0% of total homes ) valued between $60,000 to $69,999 in Sherman, TX is about $672. Rates in nearby areas in such as Grayson County, Howe, Gunter are cheaper by $39, $9, $126 respectively while Southmayd and Tom Bean are costlier by $443 and $125 respectively for similar homes.

Sherman, TX Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,383 17.0% $254
$50,000 to $59,999 593 7.0% $550
$60,000 to $69,999 564 7.0% $672
$70,000 to $79,999 564 7.0% $784
$80,000 to $89,999 447 5.0% $886
$90,000 to $99,999 692 8.0% $988
$100,000 to $124,999 1,502 18.0% $1151
$125,000 to $149,999 621 7.0% $1436
$150,000 to $174,999 615 7.0% $1701
$175,000 to $199,999 341 4.0% $1966
$200,000 to $249,999 381 4.0% $2364
$250,000 to $299,999 124 1.0% $2883
$300,000 to $399,999 95 1.0% $3668

Renters Insurance in Sherman

  • Average Renters Insurance in Sherman :  $222($18/month)

  • Median Gross Rent in Sherman :  $759

  • Sherman Renters Insurance to Median Rent Ratio:  2.37%

  • Renter occupied housing units in Sherman :  6,793

Sherman Renters Insurance as a Percentage of Rent

Sherman Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 176 2.0% $355
$200 to $299 176 2.0% $805
$300 to $499 484 7.0% $1255
$500 to $749 2,297 35.0% $1930
$750 to $999 2,143 32.0% $2680
$1,000 to $1,499 1,171 18.0% $3805

Protective device discount in Sherman Up to :  $33

Claims-free discount in Sherman Up to :  $44