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In Austin, Texas, the average cost of home insurance is $1,527. However, home insurance rates vary widely based on different factors. Austin homeowners should compare quotes from multiple home insurance companies to choose the cheapest one according to their coverage requirements. Furthermore, Austin homeowners should take advantage of the various discounts offered by home insurance companies to reduce their insurance rates. Below are some of the discounts available to Austin homeowners.


Newly constructed Austin homes can avail of discounts of up to $305 on homeowners insurance. Newly constructed homes have less propensity to damage. As a result, home insurance companies offer substantial discounts to newly built homes. On the other hand, older homes attract higher insurance rates. Austin homes older than 40 years and 50 years receive an additional charge of $40 and $73, respectively, on home insurance.

Home insurance companies consider the lifestyle of homeowners to determine insurance rates. If all the residents of the household are non-smokers, insurance companies offer special discounts on home insurance rates. Austin homeowners who own a swimming pool attract an additional insurance cost of up to $92. Installing a fence around the pool with self-latching and self-closing gates will help homeowners get discounts from home insurance companies. Additionally, senior citizens in Austin also receive discounts on home insurance.

Although most of the factors to avail discounts are not under the control of homeowners, they can benefit most by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles. Austin homeowners opting for a high deductible of $2,500 can avail of a discount of $430 on homeowners insurance. Homeowners receive discounts of $360 and $242, respectively, on deductibles of $2,000 and $1,500. Austin homeowners save an average of $1,200 if they opt for a high deductible of $3,800 instead of a standard deductible of $1,800 on a lock-in period of 8 years.

Home insurance companies provide discounts to homeowners who have a claim-free history. On the other hand, homeowners with claims attract additional home insurance rates. The cost of home insurance in Austin increases by up to 44% based on the nature and number of claims. Austin homeowners who have a history of two fire claims and two water claims attract additional insurance rates of $641 and $503, respectively.