In Dallas, TX, the average cost of homeowner’s insurance is $1,051 per annum. This translates to about $73 to $99 per month. Vhome’s extended data analysis reveals that Dallas homeowners can save up to $414 by comparing quotes and reviews to choose the cheapest home insurance company.
Travelers quoted an insurance rate of $900 for a house built in 1960 on a policy coverage of $125,000 to $150,000, for a deductible ranging between $2,500 to $5,000. The discounts provided by Travelers makes their quotes very cheap. For example, Travelers provides discounts of up to 13% if homeowners bundle their home insurance policy with auto insurance policies.
Mapfre charges $1,650 in insurance rates on a coverage value ranging between $250,000 to $300,000, provided Dallas homeowners pay a deductible of $1,500. Mapfre provides claim-free discounts, home security discounts, and new home discounts, all of which make its quotes one of the cheapest in Dallas.
Dallas homeowners who have a policy with USAA pay an insurance rate of $2,004, for a house built in 2013 on a policy coverage ranging between $250,000 to $300,000, for a deductible rate of $500. Homeowners can further reduce home insurance costs by paying a high deductible. Vhome’s study revealed that Dallas homeowners could save up to $600 on a lock-in period of 8 years, by paying a high deductible.
As per a Vhome’s study, GEICO quoted an insurance rate of $2,340 for a house built in 1977 on a policy coverage ranging between $300,000 to $350,000, for a deductible rate of $1,000 to $2,500. Considering the old age of the home and the coverage value of the policy, the quote is regarded as very competitive in Dallas.
Amica Mutual charges $2,560 in insurance rates on a coverage value ranging between $3000,000 to $350,000, provided Dallas homeowners pay a deductible of $1,500. Amica Mutual makes its quotes very competitive by providing discounts of up to 15% on home insurance rates for homeowners that bundle home insurance policy with auto insurance policy.