Abilene ,TX Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Abilene, TX homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Abilene, TX is $2012. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Abilene, TX. VHome Insurance will help you navigate the world of homeowners insurance coverages in Abilene, TX.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $805 |
| $200,000 | $1,368 |
| $300,000 | $1,690 |
| $400,000 | $2,575 |
| $500,000 | $3,239 |
Home insurance costs in Abilene can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 079601 | $2,690 |
| 79605 | $2,669 |
| 79603 | $2,621 |
| 79606 | $2,780 |
| 79602 | $2,747 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Abilene, TX, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,063 |
| $1000 Deductible | $1,845 |
| $1500 Deductible | $1,740 |
| $2500 Deductible | $1,569 |
| $5000 Deductible | $1,328 |
| Home Insurance Company Near Abilene, TX | Homeowners Insurance Agency Near Abilene, TX | Address |
|---|---|---|
| NA | Weeks Hunter Insurance | 1041 Hickory St, Abilene, TX, 79601 |
| Allstate | Clyde Insurance Agency | 117 Oak Street, Clyde, TX, 79510 |
| Travelers | Perry Hunter Hall Inc | 1548 N 1ST ST, ABILENE, TX, 79601 |
| State Farm | Sam J Corn | 2302 S 14th St, Abilene, TX, 79605-4245 |
| Allstate | Tom Massey Agency | 3262 Chimney Rock Rd Ste C, Abilene, TX, 79606 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Impact town, Texas | $144 | $192 | $288 |
| Potosi CDP, Texas | $160 | $213 | $320 |
| Tye city, Texas | $147 | $196 | $294 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Abilene, TX | 7.7% | 20.3% |
| Potosi | 5.52% | 18.37% |
| Tye | 9.98% | 28.15% |
| Buffalo Gap | 8.74% | 28.42% |
| Abilene Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 305 | 1.0% | $356 |
| $300 to $499 | 1,844 | 10.0% | $1256 |
| $500 to $749 | 6,157 | 36.0% | $1931 |
| $750 to $999 | 4,561 | 26.0% | $2681 |
| $1,000 to $1,499 | 2,970 | 17.0% | $3806 |
| $1,500 or more | 906 | 5.0% | $5456 |
| Streets in Abilene Area | Homeowners Insurance Cost |
|---|---|
| Alabama Rd, N Clack St, Oaklawn Dr, Hope St, Cobblestone Ln, S Frontage Rd, Iron Eagle Rd, Minda St, Hardwick Rd, Redwood Dr | $990 |
| Morrow Ln, Baker St, Knollwood, N Treadaway Blvd, Bar B Trl, Seaman's Way, Ash St, Vapor Trl, Pet Haven Rd, Cherry Hill E | $985 |
| Nichols Rd, Linda Vis, Avondale St, Roma Ln, W Lake Rd, Pinehurst, N Carver Dr, Elm Creek Rd, Bacacita Farms Rd, Austin St | $1,058 |
| S 25th St, N 17th St, Bruce Dr, Westway Dr, Primrose Dr, Redbird Ln, Medical Dr, Lytle Pl, Hamilton St, Sewell St | $991 |
| Co Rd 487, Crest Dr, A C U Agricultural Department, E South 27th St, S 28th St, Spindletop Dr, Delwood Dr, Bob White Ct, Springwater Ave, Paint Brush Dr | $1,044 |
| W Lake Phantom Rd, Durango Dr, Ventura Dr, FM 2404, A C U Dr, Continental Ave, W Stamford St, S 18th St, N la Salle Dr, Dunnam Dr | $1,035 |
| Lytle Way, E N 23rd St, Ave B, Hawk Cir, Patricia Ln, Inverrary Dr, Arizona St, Over St, Co Rd 495, Kingston Ct | $1,059 |
| Oil Belt Ln, Co Rd 687, E College Dr, Bristol Ct, Ruby Esther Cir, Mesquite Ln, Independence Dr, W N 20th St, Beltway S, Bronco Dr | $1,056 |
| Jeremy Ln, Red Oak Cir, San Jacinto Dr, Chaucer Dr, Woodard St, Pueblo, Briarwood St, 14th St, Cougar Way, Foster Ln | $1,023 |
| S 24th St, S 17th St, Co Rd 165, Sunlake Dr, Darrell Dr, Venice Dr, Erie St, Griggs St, Many Waters Dr, E South 5th St | $1,057 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Abilene | $152 to $154 |
| Impact | $144 |
| Potosi | $160 |
| Tye | $147 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $2,900 |
| Yearly Abilene Homeowner Insurance Premium Example | $600 | $400 |
| Out of Pocket Expense During Claim | $1,900 | $2,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $6,700 | $6,100 |
| Net Savings to Abilene Home Owner from High Deductible Plan | $600 | |
| Scenario | Abilene, TX Home Replacement Value MORE than Home Value | Abilene, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $181,000 | $119,500 |
| Insurance Premium based on Replacement Value | $1,900 | $1,250 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $42,000 | Risk Exposure from Under Insuring Coverage is $19,500 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $450/year |
| Insurance Company | Nationwide Insurance | Allstate | Farmers Insurance |
| Monthly Premium | 79 | 103 | 145 |
| Year Built | 1995 | 1972 | 1968 |
| Home Details | 3 Beds, 1 Baths | 5 Beds, 4 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $150000-$175000 | $200000-$250000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | $2500-$5000 Deductible |