Bedford Insurance Rates:

Bedford, TX homeowners insurance is approximately $893 to $1,211, about $74-$100/month. Our all inclusive analysis indicates shoppers can save as much as $420 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Bedford, TX Homeowners Insurance; What you need to know?

The average cost of home insurance in Bedford, TX is $1518. However, the cost of your policy will vary depending on a number of factors, including the type of coverage you choose and the amount of deductible you choose, as well as the age of the property and the materials used to construct it. The table below summarises the average house insurance costs in Bedford,TX based on the deductible and other factors.

Average Homeowners Insurance Cost Based on the Age of Home

Bedford_TX_Homeowners_Insurance_What_you_need_to_know

When homeowners choose bigger deductibles, they receive discounts, which translates to lower monthly payments and lower premiums over time. A high deductible policy is a simple method to get more coverage for less money. Homeowners in Bedford who have a high deductible of $2500 can get house insurance for $1090. On deductibles of $2000 and $1500, homeowners receive insurance for $1160 and $1277, respectively.

The average cost of house insurance is directly proportional to the age of the home. Newly constructed Bedford, TX homes can avail lower insurance of $1123since newly built homes have a lesser threat of damage. As a result, home insurance companies offer substantial discounts to newly constructed homes. An older housing means higher rates since houses are more prone to damage and as a result, those with homes over 40 or 50 years old have to pay  $1558-$1576 per year on their premiums.

The type of construction has a significant impact on the cost of homeowners insurance. The more damage-resistant your home is, the less expensive your homeowners insurance will be. For example, a person who lives in Bedford, TX and has fire-resistant construction on their roof can save $1321 each year on average. For homes built with Masonry and Brick, insurance firms in Bedford, offer home insurance for $1442 per year. Superior and hail-resistant roofs demand a higher price tag of $1366 and $1473 respectively.

The Best Bedford, TX, Home Insurance Companies

The average cost of home insurance in Bedford, Texas, is $1,518, which is higher than the national average premium of $1,438. Bedford homeowners choose home insurance companies based on how reasonably priced their quotes are. However, homeowners should also consider other factors such as claims processing speed, customer service, and availability of discounts before choosing the best home insurance company. Below are the top 5 home insurance companies in Texas according to market share.

The_Best_Bedford_TX_Home_Insurance_Companies

State Farm

State Farm is the most prominent company in Texas, occupying the majority of the market share with 19.55%. The renowned home insurance company has written direct premiums worth $1,847,041. It has earned direct premiums worth $1,842,124. State Farm holds a financial strength rating of A++ from A.M. Best for its superior financial capacity to grant potential claims of current Bedford policyholders. It also received a customer satisfaction score of 4/5 from J.D. Power based on the feedback collected from policyholders.

Allstate

Allstate comes second to State Farm in terms of market share, occupying 13.08% of the home insurance market. Allstate has written direct premiums of $1,236,065 and earned direct premiums of $1,178,535. Allstate has the superior financial ability in granting potential claims of current Bedford policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power’s customer feedback survey.

Farmers

Farmers is another major player in the insurance segment, holding a market share of 10.39% in Texas. The company has direct premiums written for a total value of $981,914. It has earned direct premiums worth $964,870. Farmers holds a financial strength rating of A+ for their superior financial ability to grant claims of current policyholders. According to customer feedback curated by J.D. Power, Farmers received a customer satisfaction rating of 3/5.

USAA

Even though USAA only offers its services to veterans, active, and retired military personnel, it has managed to hold a market share of 9.70%. It has direct premiums written worth $916,464, and direct premiums earned worth $881,961. USAA is the only home insurance company other than State Farm to receive a financial strength rating of A++ for its superior financial ability in granting claims of current Bedford policyholders. It also holds a perfect customer satisfaction score of 5/5 from J.D. Power.

Liberty Mutual

According to NAIC, Liberty Mutual holds a market share of 7.37% in Texas. The home insurance company has direct premiums written worth $696,450 and direct premiums earned worth $706,863. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D Power.

Bedford, TX Homeowners Insurance By Home Value

Bedford, TX Home Value Total Homes % of Total Average Bedford, TX Homeowners Insurance
Less than $50,000 233 2.0% $157
$70,000 to $79,999 145 1.0% $494
$80,000 to $89,999 297 2.0% $568
$90,000 to $99,999 283 2.0% $631
$100,000 to $124,999 1,618 14.0% $736
$125,000 to $149,999 2,623 22.0% $915
$150,000 to $174,999 1,762 15.0% $1083
$175,000 to $199,999 1,400 12.0% $1251
$200,000 to $249,999 1,762 15.0% $1514
$250,000 to $299,999 915 7.0% $1851
$300,000 to $399,999 283 2.0% $2345

Top Home Insurance Agents Near Bedford, TX

Home Insurance Company Near Bedford, TX Homeowners Insurance Agency Near Bedford, TX Address
NA Cla Usa Property And Casualty 9300 Wade Blvd 9300 Wade Blvd, Frisco, TX, 75035
Liberty Mutual Jamal Hamam 6565 N. Macarthur Blvd. Suite 100, Irving, TX, 75039
State Farm John Edwards 6150 Eldorado Pkwy, McKinney, TX, 75070
State Farm Marty Melton 5250 McCart Ave, Fort Worth, TX, 76115-3737
Allstate Russell Moran 1901 Southeast Pkwy Ste 103, Arlington, TX, 76018

Bedford, TX Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Bedford, TX

Streets in Bedford Area Homeowners Insurance Cost
Timberline St, Shady Lake Ct, Circleview Dr N, Everest Dr, W Sycamore Cir, Bridlewood Ct, Shirley Way, Crossgate Cir E, Westpark Ct, Huntwich Dr$1,053
Crest St, Victoria Ct, Oakmeadow Pl, Sovereign Dr, Uptown Blvd, L Don Dodson Dr, Willomet Ct, Melrose Park Ct, Stonehaven Dr, Mountain Ter$1,025
Pembrooke Pkwy N, Windstone Ct E, Saddlebrook Dr, Shady Rest Ct, W Hayes Ln, Coffee Tavern Rd, Joseph Ct, Wildwood Cir, Cummings Ct, Dalewood Ln$1,175
Aquaduct Dr, Sherwood Ln, Pamela St, Tamworth Ct, Stonegate Dr N, Blue Quail Ct, Briarhaven Ln, Forest Ln, Texas Star Ct, Oakmont Dr$1,025
Chesapeake Ct, Michael Sean Ct, Cumberland Dr, Park Ave, Dartmoore Ln, Shady Creek Ln, Plaza Dr, Crest Ct, Green Meadow W, Cedar Park$1,190
Yucca Trl, Signet Dr, Silverio Trl, Wilton Woods Ct, Oak Brook Dr, Hidden Valley Ct, Cranbrook Dr E, Ridgewood St, Hospital Pkwy, Glenda Dr$1,186
Oak Creek Ln, Northcliff Dr, Toplea Dr, Pembroke Pl, Kynette Dr, Chatsworth Dr, Morrow Dr, Green Meadow E, Charleston Dr, Wedglea Ct$1,040
Wilshire Dr, Barons Ct, Rosebriar Ln, Scarborough Ln W, Chatsworth Ct W, Greg Dr, Brookgreen Ct, del Mar Ct, Whisperwood Ln, Olive St$1,064
Fairhaven Ct, Woodrill Ct, Lawana Dr, Blessing Ct, del Prado Dr, Double Oak Dr, Forest View Ct, Martin Ct, Forest Dr, Wendover Ct$1,071
Homecraft Ct, Westpark Way, Turtle Rock Dr, Country Meadows Dr, Spring Brook Dr, Greenway Dr, Aspenwood Dr, Cross Ln, Sierra Springs Dr, Coble Ct$1,058

Bedford, TX Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Bedford$157 to $160
Hurst$156
Colleyville$178
Northeast Tarrant$158

Bedford, TX Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Hurst city, Texas $156 $208 $312
Colleyville city, Texas $179 $238 $357
Euless city, Texas $156 $208 $312

Bedford, TX Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Bedford, TX5.6%14.3%
Hurst5.7%16.2%
Colleyville3.1%9.92%
Euless5.83%16.35%

Bedford Renters Insurance as a Percentage of Rent

Bedford Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 2,404 26.0% $1919
$750 to $999 3,385 37.0% $2669
$1,000 to $1,499 2,133 23.0% $3794
$1,500 or more 1,080 11.0% $5444

Bedford, TX Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,700$3,700
Yearly Bedford Homeowner Insurance Premium Example $1,800$1,300
Out of Pocket Expense During Claim$1,700$3,700
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $14,300$12,800
Net Savings to Bedford Home Owner from High Deductible Plan $1,500

Bedford, TX Home Insurance Costs With Home Replacement Value Scenarios

Scenario Bedford, TX Home Replacement Value MORE than Home Value Bedford, TX Home Replacement Value LESS than Home Value
Replacement Value $185,000 $129,000
Insurance Premium based on Replacement Value $1,450 $1,025
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $14,500 Risk Exposure from Under Insuring Coverage is $41,500
Premium Impact Insurance cheaper by $325/year Insurance costlier by $100/year

Example Bedford Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyNationwide InsuranceAllstate
Monthly Premium 98133493
Year Built 199320081988
Home Details 2 Beds, 1 Baths4 Beds, 3 Baths5 Beds, 2 Baths
Coverage Amount $100000-$125000$200000-$250000$600000-$700000
Deductible $500 Deductible$1000-$2500 Deductible$500- $1000 Deductible

Sample Home Insurance Rates for Bedford, TX from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1998 270,000 Wood Shake Roof 3,080 4 $500- $1000 Deductible 1130 9 Fiber-Cement Siding No
1999 190,000 Membrane Roof 2,210 5 $500- $1000 Deductible 120 1 Stucco siding yes
1999 195,000 Shingles Roof 1,870 3 $500 Deductible 1310 9 Fiber-Cement Siding No
1990 270,000 Shingles Roof 2,700 4 > $10,000 Deductible 510 5 Fiber-Cement Siding No
1999 155,000 Composition Roof 1,580 2 $1000-$2500 Deductible 1190 10 Fiber-Cement Siding No
2009 165,000 Metal Roof 1,560 5 $1000-$2500 Deductible 360 4 Wood siding yes
2006 135,000 Wood Shake Roof 1,510 3 $1000-$2500 Deductible 640 8 Fiber-Cement Siding No
1982 235,000 Asphalt Shingles Roof 2,090 5 > $10,000 Deductible 1220 10 Wood siding No
2007 95,000 Tile Roof 1,230 3 $2500-$5000 Deductible 380 7 Stucco siding No
1987 140,000 Shingles Roof 1,270 2 $500 Deductible 1200 10 Stone Siding yes
1982 185,000 Membrane Roof 1,740 3 $1000-$2500 Deductible 410 4 Vinyl siding No
1983 135,000 Shingles Roof 1,760 4 $2500-$5000 Deductible 200 2 Wood siding yes
1987 90,000 Metal Roof 1,180 2 $2500-$5000 Deductible 360 9 Stone Siding yes
1985 140,000 Composition Roof 1,300 3 $2500-$5000 Deductible 570 8 Vinyl siding yes
1983 295,000 Wood Shake Roof 2,740 5 $500 Deductible 470 2 Stucco siding yes
1988 80,000 Membrane Roof 1,040 2 $500 Deductible 500 12 Brick siding yes
1992 375,000 Composition Roof 4,810 5 $1000-$2500 Deductible 1210 6 Stone Siding yes
1982 135,000 Wood Shake Roof 1,400 2 $500- $1000 Deductible 100 1 Vinyl siding No
1998 160,000 Asphalt Shingles Roof 1,940 3 $2500-$5000 Deductible 300 3 Wood siding yes
1995 235,000 Metal Roof 2,380 4 $500 Deductible 1670 7 Stone Siding No
2004 80,000 Slate Shingles Roof 930 2 $1000-$2500 Deductible 410 7 Stone Siding No
1997 230,000 Shingles Roof 2,310 3 > $10,000 Deductible 270 3 Fiber-Cement Siding yes
1999 195,000 Metal Roof 2,460 4 $2500-$5000 Deductible 650 7 Brick siding yes
2003 265,000 Metal Roof 2,620 4 > $10,000 Deductible 690 8 Fiber-Cement Siding yes
2005 385,000 Metal Roof 4,430 5 > $10,000 Deductible 580 3 Fiber-Cement Siding yes
1993 160,000 Tile Roof 1,460 3 $2500-$5000 Deductible 760 10 Brick siding No
1985 120,000 Tile Roof 1,370 2 $2500-$5000 Deductible 90 1 Stucco siding No
1981 355,000 Slate Shingles Roof 3,390 4 $1000-$2500 Deductible 1400 8 Vinyl siding No
1985 105,000 Shingles Roof 1,150 2 $500- $1000 Deductible 310 4 Stone Siding yes
2004 115,000 Asphalt Shingles Roof 1,410 2 $500- $1000 Deductible 80 1 Fiber-Cement Siding No
2000 370,000 Composition Roof 3,930 5 $500- $1000 Deductible 1780 6 Wood siding yes
2005 175,000 Wood Shake Roof 1,820 3 $1000-$2500 Deductible 890 6 Vinyl siding No
1995 215,000 Asphalt Shingles Roof 2,220 4 $1000-$2500 Deductible 1170 8 Fiber-Cement Siding No

Latest Home Insurance Reviews

Allstate
I would recommend Allstate if you want an insurance company that's not going to go bankrupt. Not only that they are family oriented.
Geico
I have been pretty satisfied with my insurance company.They update me in a timely fashion if anything within my policy changes and give me plenty of notice if a bill is due since my payments are set to be automatic.
Hochheim Prairie Insurance
I submitted a claim recently and i am in the process of finding someone to do the repairs. i'm not happy with the amount and the fact that they requested a tree in the front yard be trimmed. i don't feel that the amount of the check is enough to cover the repairs and the tree trimming.
Alfa Insurance
I have only been with Alfa for about two years now. We hardly interact but when we do, I personally don't feel some genuine connection with them. It is as if I am just treated like another business prospect.
Farmer's Insurance
YES I RECOMMEND TO GIVE A POLICY FROM MY HOME INSURANCE COMPANY . COMPARITIVELY CONCESSION WILL BE GIVEN AS COMPARED TO OTHER INSURANCE COMPANY
Allstate
I am very satisfied with the offerings of Allstate. They have several different coverage options available at different price points which is exactly what I wanted.
Liberty Mutual
Overall, I think my insurance company is fair. I have not had occasion to submit a claim but I appreciate the piece of mind my policy gives me. The rates are fair and billing is simple and straightforward.
Farmer's Insurance
I would give them a 5 again compared to other service companies they are very good compared to them
State Farm
They have the best policy option in my area. They even include flood insurance at the same cost as other home insurance companies who do not include flood insurance. Since we live next to a lake; flooding is just a fact of life for us.
Allstate
I love the customer service that i receive from allstate. i have never felt that they didn't have time for me and they answer my questions without having to be transferred. i have never waited on hold for an unusually long time to speak to customer service.
Allstate
The main thing that i highly dislike about my insurance company is the price. it went up about $20 a month.
Rvos Insurance
I feel it's about average but I still feel like it's a really good deal. I'm overall fairly satisfied with it.
State Farm
The companies rates can be slightly higher than what i think they should be, granted you get what you pay for. Also they agent hours can sometimes be inconvenient.
American Home Insurance
I love the company and its basics approach to service, over-exceeding on where things matter rather than spreading themselves thin and not being able to provide the most for the situation of insurance required (a la Progressive, Farmers, All-State, etc.)
Liberty Mutual
Liberty mutual home insurance gives us lot of benefits to our health issues.When we met an accident, it cover for all operations. And also if we sick in any disease, it will cover up to our recovery level. Also nowadays in accident it covers for car also.No need to pay extra charges for hospital, A to Z can be claim by insurance itself. yearly payable amount also less when compare to other home insurances. But the cons is, it will take 10 to 15 days to claim the amount in insurance office. Overall good policy.
Farmer's Insurance
Farmers has always had good customer service and the rates are reasonable. Also being able to bundle services saved me money.

How To Make Your Bedford, TX Home Insurance Cheaper

How Much Does Bedford, TX Home Insurance Cost?