Austin ,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 Austin, 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 Austin, TX is $2336. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Austin, TX. VHome Insurance will help you navigate the world of homeowners insurance coverages in Austin, TX.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $934 |
| $200,000 | $1,588 |
| $300,000 | $1,962 |
| $400,000 | $2,990 |
| $500,000 | $3,761 |
Home insurance costs in Austin 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 |
|---|---|
| 078703 | $3,898 |
| 78730 | $3,599 |
| 78742 | $2,729 |
| 78733 | $3,481 |
| 78738 | $3,312 |
| 78731 | $3,420 |
| 78732 | $3,277 |
| 78735 | $3,363 |
| 78739 | $3,234 |
| 78726 | $3,177 |
| 78756 | $3,317 |
| 78701 | $3,205 |
| 78704 | $3,362 |
| 78737 | $3,202 |
| 78759 | $3,161 |
| 78750 | $3,100 |
| 78705 | $3,088 |
| 78751 | $3,215 |
| 78722 | $3,166 |
| 78757 | $3,155 |
| 78717 | $3,079 |
| 78749 | $3,036 |
| 78736 | $3,037 |
| 78727 | $2,963 |
| 78729 | $2,954 |
| 78748 | $2,942 |
| 78723 | $3,027 |
| 78702 | $3,141 |
| 78728 | $2,913 |
| 78754 | $2,834 |
| 78745 | $2,961 |
| 78752 | $2,873 |
| 78758 | $2,901 |
| 78753 | $2,829 |
| 78721 | $2,973 |
| 78741 | $2,867 |
| 78725 | $2,782 |
| 78719 | $2,657 |
| 78744 | $2,789 |
| 78724 | $2,718 |
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 Austin, TX, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,395 |
| $1000 Deductible | $2,142 |
| $1500 Deductible | $2,021 |
| $2500 Deductible | $1,822 |
| $5000 Deductible | $1,542 |
| Home Insurance Company Near Austin, TX | Homeowners Insurance Agency Near Austin, TX | Address |
|---|---|---|
| Liberty Mutual Independent | Bkcw L P | 9809 ANDERSON MILL RD, AUSTIN, TX, 78750 |
| Travelers | Dady Insurance Agency | 3609 WILLIAMS DR STE 101, GEORGETOWN, TX, 78628 |
| State Farm | John Peterson | 12962 N Hwy 183, Austin, TX, 78750-3240 |
| Travelers | Reata Insurance Group Inc | 1213 RANCH ROAD 620 S STE 104, LAKEWAY, TX, 78734 |
| Farmers | Rodrigo Castilleja | 1620 Red Bud Ln Ste 201, Round Rock, TX, 78664 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Rollingwood city, Texas | $200 | $267 | $401 |
| West Lake Hills city, Texas | $203 | $271 | $407 |
| Lost Creek CDP, Texas | $182 | $243 | $365 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Austin, TX | 5.3% | 14.4% |
| Rollingwood | 3.59% | 11.12% |
| West Lake Hills | 3.39% | 11.31% |
| Lost Creek | 3.92% | 10.15% |
| Austin Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 1,810 | 1.0% | $781 |
| $300 to $499 | 4,116 | 2.0% | $1231 |
| $500 to $749 | 33,875 | 19.0% | $1906 |
| $750 to $999 | 57,896 | 32.0% | $2656 |
| $1,000 to $1,499 | 56,744 | 32.0% | $3781 |
| $1,500 or more | 20,149 | 11.0% | $5431 |
| Streets in Austin Area | Homeowners Insurance Cost |
|---|---|
| Shelf Rock Rd, Shantivana Trl, Spanish Oak Trl, Aster Cove, Dodgen Way, Warpath Ln, Hunt Ln, Little Bear Rd, Elm Grove Ln, Bluebird Dr | $1,087 |
| Barsana Ave, Woodland Oaks Trl, Westway Dr, Quail Rd, Montvale Ln, Bullwhip Pass, Mockingbird Dr, Split Cedar Cv, Treetop Way, Turnstone Dr | $1,086 |
| Goldeneye Cir, Nopal Ln, Canvassback Dr, Copper Hills Dr, Fr 1626, Bryden Ln, Tender Valley Cv, Oakwood Dr, Lantana Trl, Wood Hollow Ct | $1,090 |
| Live Oak Ln, Nuthatch Dr, Ramrod Dr, Clover Leaf Cove, Cardinal Dr, Sagebrush Cir, Waxwing Dr, Brangus Rd, Arbor Trl, Willet Dr | $1,096 |
| Canyon Wren Dr, Copperplace Dr, Red Bud Trl, Saguaro Dr, Oxbow Trl, Old Bliss Spillar Rd, Mourning Dove Ln, Canvasback Dr, Dewberry Cove, Lazy Oak Cove | $1,091 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Austin | $162 to $165 |
| Rollingwood | $200 |
| West Lake Hills | $203 |
| Lost Creek | $182 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,800 | $3,800 |
| Yearly Austin Homeowner Insurance Premium Example | $2,000 | $1,600 |
| Out of Pocket Expense During Claim | $1,800 | $3,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $17,800 | $16,600 |
| Net Savings to Austin Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Austin, TX Home Replacement Value MORE than Home Value | Austin, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $266,500 | $162,500 |
| Insurance Premium based on Replacement Value | $2,275 | $1,375 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $63,500 | Risk Exposure from Under Insuring Coverage is $40,500 |
| Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $550/year |
| Insurance Company | Allstate | Farmers Insurance | Liberty Mutual |
| Monthly Premium | 86 | 105 | 409 |
| Year Built | 2006 | 1994 | 2011 |
| Home Details | 2 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $150000-$175000 | $175000-$200000 | $500000-$600000 |
| Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible |