Amarillo ,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 Amarillo, 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 Amarillo, TX is $2017. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Amarillo, TX. VHome Insurance will help you navigate the world of homeowners insurance coverages in Amarillo, TX.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $807 |
| $200,000 | $1,372 |
| $300,000 | $1,694 |
| $400,000 | $2,582 |
| $500,000 | $3,247 |
Home insurance costs in Amarillo 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 |
|---|---|
| 079110 | $2,657 |
| 79108 | $2,661 |
| 79102 | $2,664 |
| 79103 | $2,632 |
| 79104 | $2,586 |
| 79107 | $2,594 |
| 79101 | $2,602 |
| 79119 | $2,855 |
| 79124 | $2,874 |
| 79121 | $2,782 |
| 79109 | $2,733 |
| 79118 | $2,748 |
| 79106 | $2,682 |
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 Amarillo, TX, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,068 |
| $1000 Deductible | $1,850 |
| $1500 Deductible | $1,745 |
| $2500 Deductible | $1,573 |
| $5000 Deductible | $1,331 |
| Home Insurance Company Near Amarillo, TX | Homeowners Insurance Agency Near Amarillo, TX | Address |
|---|---|---|
| Farmers | Georgee Ruiz Williams | 600 S Tyler St Ste 900, Amarillo, TX, 79101 |
| Farmers | Kevin Kuhler | 2417 Hobbs Rd Ste 105, Amarillo, TX, 79109 |
| Allstate | Tammy Payne | 201 E 19th St, Dumas, TX, 79029 |
| Farmers | Tyler Cox | 1619 S Kentucky St Ste A508, Amarillo, TX, 79102 |
| Travelers | Williams-Boyce Agency Llp | 212 E 6TH, AMARILLO, TX, 79101 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Bishop Hills town, Texas | $137 | $182 | $273 |
| Palisades village, Texas | $128 | $170 | $255 |
| Timbercreek Canyon village, Texas | $137 | $182 | $273 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Amarillo, TX | 7.3% | 21.1% |
| Bishop Hills | 6.01% | 14.42% |
| Palisades | 6.44% | 32.98% |
| Timbercreek Canyon | 4.84% | 15.19% |
| Amarillo Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 414 | 1.0% | $353 |
| $200 to $299 | 540 | 2.0% | $803 |
| $300 to $499 | 3,282 | 12.0% | $1253 |
| $500 to $749 | 10,476 | 40.0% | $1928 |
| $750 to $999 | 6,946 | 26.0% | $2678 |
| $1,000 to $1,499 | 3,262 | 12.0% | $3803 |
| $1,500 or more | 1,005 | 3.0% | $5453 |
| Streets in Amarillo Area | Homeowners Insurance Cost |
|---|---|
| Ravine Trl, Brook Ave, Clover Dr, Willow Oak Pl, Sequoia St, Caddo Rd, Rogers St, Irene Dr, NE 3rd Ave, SW 19th Ave | $995 |
| Veteran St, W 26th Ave, S la Salle St, S Eastern St, SE 28th Ave, Loma Vista Dr, S Masterson Rd, Redondo Dr, Arroyo Dr, N Palo Duro St | $1,019 |
| Church Ave, Mimosa Ln, FM 2176, Hudson Ave, Hobbs Rd, Woodbury Pl, N Ong St, Glenview Ct, Rio Grande Ave, SW 16th Ave | $1,094 |
| Silver Hill Cir, San Jacinto Ave, Heidi Ln, St Paul St, Keystone Dr, Painted Daisy Pl, Bellaire St, N Lamar St, S Goliad St, N Nance St | $1,037 |
| Angelus Dr, S Florida St, N Lincoln St, S Julian Blvd, Access Rd, Nix St, N Bonham St, Willis Knight St, Busher Ln, Gallardia Ave | $995 |
| N Washington St, Simpson Dr, Ransome Dr, Colida Ln, Wisdom Dr, S Madison St, Hilltop Dr, S Goliad St, S Seminole St, E 5th Ave | $1,025 |
| Redwood St, Hester Rd, San Jacinta, Crenshaw St, N Manhattan St, S Forest St, S Austin St, Wallace Blvd, James Ave, Potter Dr | $1,035 |
| S Fannin St, S Seminole St, Range Trl, Givens Ave, S Maryland St, Ingram Dr, Foxglove St, S Goliad St, Persimmon Ln, SW 25th Ave | $1,027 |
| Panhandle Ave, N Hughes St, Hazell Ave, Didrickson Ln, NE 27th St, Tularosa St, SE 20th Ave, W Hastings Ave, Folsom Rd, S Harrison St | $1,034 |
| SE 5th Ave, Rimrock Trl, S Tyler St, S Fannin St, S Rosemont St, Everett Ave, E 2nd Ave, S Arthur St, Bourgeois St, Hetrick Dr | $1,001 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Amarillo | $153 to $156 |
| Bishop Hills | $164 |
| Palisades | $153 |
| Lake Tanglewood | $170 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $2,900 |
| Yearly Amarillo Homeowner Insurance Premium Example | $800 | $600 |
| Out of Pocket Expense During Claim | $1,900 | $2,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,300 | $7,700 |
| Net Savings to Amarillo Home Owner from High Deductible Plan | $600 | |
| Scenario | Amarillo, TX Home Replacement Value MORE than Home Value | Amarillo, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $140,500 | $92,500 |
| Insurance Premium based on Replacement Value | $1,500 | $975 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $19,000 | Risk Exposure from Under Insuring Coverage is $29,000 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $200/year |
| Insurance Company | Amica Mutual Insurance Company | GEICO Insurance | Farmers Insurance |
| Monthly Premium | 123 | 101 | 62 |
| Year Built | 1991 | 1969 | 1976 |
| Home Details | 5 Beds, 2 Baths | 4 Beds, 2 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $250000-$300000 | $75000-$100000 |
| Deductible | > $10,000 Deductible | > $10,000 Deductible | $500- $1000 Deductible |