Frisco, TX Home Insurance - Analysis On Quotes, Rates & Agents
Frisco Insurance Rates:
Frisco, TX homeowners insurance is approximately $936 to $1,271, about $78-$105/month. Our detailed guide shows customers can save as much as $441 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
What is the Average Home Insurance Cost in Frisco, TX
The average cost of home insurance in Frisco, Texas, is $2209. Texas is known for its erratic weather, which means you and your home are at risk of several disasters. Your home is likely to be the biggest and most significant financial investment you make in your lifetime. The right homeowner's insurance in Friso, Texas, will help you protect one of your most important assets. A homeowner or property insurance in Frisco, TX, helps ensure the investment you made to protect your home and family if something unexpected happens on the property. It also covers liability coverage. This coverage offers protection to you or other members of your household if someone is injured while on property.
The cost of homeowners insurance is determined after scrutinizing certain factors. These include the age of the house, claims history, coverage level, deductible, location, ZIP code, and others. Below are a few factors to get low priced home insurance in Frisco, Texas.
a. Multi-Policy insurance
If you have several exposures to risk that are typically covered separately, a multi-policy insurance contract gives you the option of getting them all under one policy. This means homeowners can have one insurance policy instead of multiple ones, and you might be eligible for a premium discount. Insurance providers offer discounts is because the company is generating revenue from a single customer, which saves them their time and money. Homeowners can receive home insurance for $1811.38 after opting for multi-policy insurance.
b. Claims history
The more claims you have on your document, the harder it may be to find reasonable and reliable coverage in Frisco. Many insurance providers increase insurance rates or limit coverage if your home has a history of recent losses. Homeowners in Frisco with zero claims history have to pay a premium of $1921.83, whereas homeowners with one or two claims have to pay $2385.72 and $2474.08 on homeowners insurance in Frisco, Texas. Homeowners with a clean track record can save up to $287.17 on home insurance in Frisco, TX.
c. Safety features
Most home security systems, including wireless alarms and keyless entry locks, can help you save money on your homeowner's insurance in Frisco, TX. For instance, homes equipped with smoke detectors and sprinkler systems pay $1988.1 and $2054.37 on home insurance in Frisco, TX.
Frisco, TX, Best Home Insurance Companies
The average cost of home insurance in Frisco, TX, ranges between $936 to $1,271. Frisco homeowners tend to 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 home insurance company that best suits their needs. Below are the top 5 home insurance companies in Texas according to market share.
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 and 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 Frisco 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 worth $1,236,065 and earned direct premiums worth $1,178,535. Allstate has the superior financial ability in granting potential claims of current Frisco 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 Frisco 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.
Frisco, TX Homeowners Insurance By Home Value
| Frisco, TX Home Value | Total Homes | % of Total | Average Frisco, TX Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 263 | 1.0% | $110 |
| $100,000 to $124,999 | 458 | 1.0% | $485 |
| $125,000 to $149,999 | 987 | 3.0% | $607 |
| $150,000 to $174,999 | 3,328 | 12.0% | $717 |
| $175,000 to $199,999 | 3,612 | 14.0% | $828 |
| $200,000 to $249,999 | 6,477 | 25.0% | $993 |
| $250,000 to $299,999 | 4,734 | 18.0% | $1214 |
| $300,000 to $399,999 | 5,489 | 21.0% | $1545 |
Top Home Insurance Agents Near Frisco, TX
| Home Insurance Company Near Frisco, TX | Homeowners Insurance Agency Near Frisco, TX | Address |
|---|---|---|
| NA | Moore Insurance Group | 2591 Dallas Pkwy 2591 Dallas Pkwy , Frisco, TX, 75034 |
| Farmers | Anna Lopez | 2020 Altamesa Blvd Ste B, Fort Worth, TX, 76134 |
| Farmers | Huey Nguyen | 3021 N Belt Line Rd, Irving, TX, 75062 |
| Allstate | Kracynthia Gerald | 800 Sw Green Oaks Blvd Ste 304, Arlington, TX, 76017 |
| Liberty Mutual | Matthew Ford | 1701 Shoal Creek Suite 246, Highland Village, TX, 75077 |
Frisco, TX Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Frisco, TX
| Streets in Frisco Area | Homeowners Insurance Cost |
|---|---|
| Lenox Ln, Emerald Lake Ln, Valley Mills Dr, Marlar Ln, Morgan Hill Rd, Chamber Hall Dr, Spruce St, Gunnison Trl, Seahawk Dr, Tahoe Trl | $1,060 |
| Rhinelander Dr, Purdue St, Beachwood Dr, Duce Creek Dr, Foutch Rd, Meadow Vista Cir, Persimmon Ln, Trail View Ln, Fountainbleau Ln, Balcones Dr | $1,145 |
| Slay Dr, Cotton Trl, Coldstone Dr, Harris Plz, FM 455, FM 455 E, Mill Town Dr, Dane Rd, Selma Ln, Mages Dr | $1,092 |
| Pelican Dr, Walker Dr, Pawnee Ln, Joy Dr, Tucson Dr, Roadster Dr, Venetian Way, Navarro Way, Indian Trl, Glenturret Cir | $1,032 |
| Remington Ln, Stardust Dr, Ducks Lndg, Wetland Dr, Country Glen Trl, Lake Ridge Dr, Sugartree Ln, Merrell Cir, Kennsington St, Jennings Cir | $1,034 |
| Loving Trl, Cortez Ct, Lancashire Ln, E Rosson Rd, Norcross Dr, Turnstone Trl, Dawn Spring Dr, Glenbrooke Dr, W Rosson Rd, Apache Dr | $1,060 |
| Osburn Rd, Briar Hollow Ln, Hillsdale Ln, Mountain Valley Dr, Debbie Ln, Flamingo Ct, Southern Pines Ct, Sandy Creek Dr, Montwood Dr, Manitou Dr | $1,087 |
| Truitt Cir, Stagecoach Way, Harbor Hideaway, Goodman St, Nighthawk Dr, Cabbot Ct, Cross Bend Cir, Brighton Ln, Thistlewood Ln, Columbus Dr | $1,119 |
| Gannet Dr, Sandstone Dr, Revolution Way, Cedar Falls Dr, Turnstone Dr, Luton Dr, Evening Mist Dr, Natural Bridge Dr, Indigo Sky Dr, Fargo Dr | $1,122 |
| Brittany Ct, Watkins Dr, Blalock Dr, 4th Army Memorial Rd, Crystal Falls Dr, Concord Ln, Fritcher Rd, Cattail Ct, Millstream Dr, Siena Dr | $1,064 |
Frisco, TX Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Frisco | $165 to $167 |
| McKinney | $161 |
| The Colony | $162 |
| Hackberry | $155 |
Frisco, 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 |
|---|---|---|---|
| McKinney CCD, Collin County, Texas | $134 | $179 | $268 |
| The Colony CCD, Denton County, Texas | $135 | $180 | $270 |
| Hackberry town, Texas | $129 | $172 | $258 |
Frisco, TX Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Frisco, TX | 4.2% | 11.8% |
| McKinney | 4.74% | 12.54% |
| The Colony | 4.61% | 13.41% |
| Hackberry | 5.67% | 20.29% |
Frisco Renters Insurance as a Percentage of Rent
| Frisco Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 168 | 1.0% | $1225 |
| $500 to $749 | 403 | 4.0% | $1900 |
| $750 to $999 | 1,773 | 20.0% | $2650 |
| $1,000 to $1,499 | 3,678 | 42.0% | $3775 |
| $1,500 or more | 2,481 | 28.0% | $5425 |
Frisco, TX Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $2,800 |
| Yearly Frisco Homeowner Insurance Premium Example | $2,200 | $1,800 |
| Out of Pocket Expense During Claim | $800 | $2,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $18,400 | $17,200 |
| Net Savings to Frisco Home Owner from High Deductible Plan | $1,200 | |
Frisco, TX Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Frisco, TX Home Replacement Value MORE than Home Value | Frisco, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $420,000 | $292,500 |
| Insurance Premium based on Replacement Value | $3,525 | $2,450 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $43,500 | Risk Exposure from Under Insuring Coverage is $84,000 |
| Premium Impact | Insurance cheaper by $700/year | Insurance costlier by $375/year |
Example Frisco Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | USAA group | Amica Mutual Insurance Company | Farmers Insurance |
| Monthly Premium | 231 | 168 | 123 |
| Year Built | 2007 | 2013 | 2012 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 1 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $200000-$250000 | $200000-$250000 |
| Deductible | $500 Deductible | $500 Deductible | $2500-$5000 Deductible |
Sample Home Insurance Rates for Frisco, TX from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 2012 | 225,000 | Tile Roof | 1,450 | 3 | $500- $1000 Deductible | 470 | 3 | Stone Siding | No |
| 2011 | 230,000 | Membrane Roof | 1,740 | 4 | $5000 to $10,000 Deductible | 710 | 5 | Fiber-Cement Siding | yes |
| 2013 | 420,000 | Metal Roof | 2,890 | 4 | $2500-$5000 Deductible | 850 | 3 | Brick siding | No |
| 2005 | 580,000 | Wood Shake Roof | 3,840 | 5 | > $10,000 Deductible | 2390 | 10 | Stucco siding | yes |
| 2007 | 380,000 | Composition Roof | 3,380 | 5 | $500 Deductible | 1000 | 4 | Fiber-Cement Siding | yes |
| 2008 | 630,000 | Wood Shake Roof | 4,690 | 5 | > $10,000 Deductible | 2210 | 6 | Wood siding | yes |
| 2010 | 290,000 | Wood Shake Roof | 2,660 | 4 | $2500-$5000 Deductible | 1030 | 6 | Brick siding | No |
| 2012 | 690,000 | Shingles Roof | 4,350 | 5 | $5000 to $10,000 Deductible | 1530 | 6 | Fiber-Cement Siding | No |
| 2011 | 475,000 | Metal Roof | 3,290 | 5 | $5000 to $10,000 Deductible | 1630 | 6 | Stone Siding | yes |
| 2014 | 490,000 | Tile Roof | 4,320 | 5 | $500 Deductible | 880 | 2 | Stucco siding | No |
| 2010 | 550,000 | Metal Roof | 4,350 | 5 | > $10,000 Deductible | 730 | 3 | Stucco siding | No |
| 2009 | 495,000 | Wood Shake Roof | 3,180 | 4 | $1000-$2500 Deductible | 1630 | 5 | Fiber-Cement Siding | No |
| 2011 | 265,000 | Tile Roof | 1,810 | 3 | $500- $1000 Deductible | 1180 | 7 | Stucco siding | yes |
| 2004 | 410,000 | Shingles Roof | 3,260 | 5 | $5000 to $10,000 Deductible | 980 | 4 | Vinyl siding | yes |
| 2014 | 265,000 | Slate Shingles Roof | 2,070 | 3 | $500 Deductible | 1720 | 8 | Vinyl siding | No |
| 2006 | 340,000 | Shingles Roof | 2,480 | 5 | $2500-$5000 Deductible | 1490 | 7 | Vinyl siding | No |
| 2014 | 370,000 | Membrane Roof | 2,610 | 5 | > $10,000 Deductible | 1250 | 7 | Brick siding | yes |
| 2013 | 670,000 | Membrane Roof | 4,340 | 5 | $1000-$2500 Deductible | 2120 | 5 | Stone Siding | yes |
| 2011 | 345,000 | Metal Roof | 3,220 | 4 | $1000-$2500 Deductible | 140 | 1 | Vinyl siding | yes |
| 2006 | 260,000 | Metal Roof | 2,190 | 3 | $500- $1000 Deductible | 190 | 1 | Fiber-Cement Siding | No |
| 2012 | 575,000 | Composition Roof | 4,090 | 5 | $500 Deductible | 3420 | 12 | Brick siding | No |
| 2005 | 240,000 | Tile Roof | 2,180 | 4 | $500- $1000 Deductible | 170 | 1 | Stucco siding | yes |
| 2008 | 310,000 | Composition Roof | 2,220 | 4 | $500 Deductible | 590 | 2 | Stucco siding | yes |
| 2004 | 630,000 | Membrane Roof | 4,270 | 5 | $2500-$5000 Deductible | 850 | 3 | Stone Siding | yes |
| 2013 | 240,000 | Tile Roof | 1,540 | 3 | $2500-$5000 Deductible | 1380 | 9 | Brick siding | No |
| 2014 | 405,000 | Metal Roof | 2,550 | 4 | $500- $1000 Deductible | 3720 | 12 | Stucco siding | yes |
| 2004 | 700,000 | Wood Shake Roof | 4,810 | 5 | $2500-$5000 Deductible | 340 | 1 | Wood siding | yes |
| 2014 | 515,000 | Membrane Roof | 4,540 | 5 | $500 Deductible | 2520 | 5 | Wood siding | No |
| 2011 | 525,000 | Wood Shake Roof | 3,490 | 5 | $5000 to $10,000 Deductible | 1730 | 5 | Vinyl siding | No |
| 2002 | 265,000 | Wood Shake Roof | 2,240 | 5 | > $10,000 Deductible | 1520 | 12 | Stucco siding | yes |
| 2000 | 205,000 | Slate Shingles Roof | 1,710 | 2 | $1000-$2500 Deductible | 670 | 5 | Brick siding | yes |
Latest Home Insurance Reviews
ProgressiveI do reccommend them at the moment, but you should ask me again after I have to submit a claim.
State FarmWell, the truth is that the policies are super economic, I think it's fine for middle class people, it fits your salary which is fine, since you can buy several things instead of paying all your salary in only the policy
ProgressiveProgressive is one of the largest known home insurance brands, so they have quite the plethora of options when it comes down to it. I would say they offer more flexible options.
AllstateMy rates are relatively low, but most home insurance policies aren't astronomical. Allstate is a bit higher than many alternatives, some of which are much cheaper
ProgressiveAbsolutely recommend - they've saved me a ton of money on premiums, my agent is the best customer service provider ever, and I've had no problems with major claims.
AllstateAllstate home insurance is an excellent choice for most first-time home buyers and homeowners looking for specialized coverage
TravelersI would recommend Travelers Insurance because they offer a wide variety of services, have very reasonable rates, and their customer service is very good. I am very satisfied with their services.
ProgressiveWe have been pleased with Progressive thus far. They were very thorough in selecting our coverage and checked every detail with us which gave us good peace of mind. The cost savings have not been much to write home about though.
AllstateWe have only had i for a little less than a year. The setup however was really easy and our realtor took care of most of it for us, we just told him who we wanted to use.
GeicoI honestly couldn't tell you how Liberty Mutual varies from other insurance providers. My husband and I made our decision on the basis of cost and ease of obtaining a quote, in which Geico was able to provide the lowest and easiest.
State FarmState farm has been great to work with. I would rate them a 5 because they seem to always be friendly and they care about customer needs.
Alfa Insurance5 star rating. The policy offerings are comparable with other home insurance policies.
Liberty MutualThe deductible is a bit high, but is probably comparable to what most other companies would charge. the premium is reasonable, especially given the discounts and incentives we enjoy.
GeicoI would like to recommend my current insurance company for others, it is not perfect, but it kind of does its job.
AllstateI would recommend my insurance company. My issues with them are the same issues I've heard others have with their providers. Apparently, insurance is one of those things you need, but have no desire to have.
GeicoI would defiantly recommend my insurance companies Home coverage Policy. They are a great company well finance and have a established record with years of service.
Farmer's InsuranceOur agent is very knowledgeable and committed to helping us have the coverage we need related to our position in life.
State FarmThey always make sure that you are well taken care of the car, if it is in good condition and that your house is perfect.
Safeco InsuranceNo local branch, everything has to be done on the phone or via email, sometimes i just want to have a face to face conversation
NationwideThe price is phenomenal. I did a lot of shopping around, and no one was even close to their price. This really helps out with my monthly bills.
Liberty MutualThe interaction and communication with the insurance company are great and they keep me posted and updated with any changes related to my account.
MetlifeI have never had any trouble getting through to them and they are always very prompt in responding to whatever needs to be handled. They are extraordinary in customer service.
AllstateEvery time I deal with Allstate insurance the agents answer my question fast and the one time I had a problem they had it fixed in no time.
Farmer's InsuranceThe website is fine when it comes to things like paying my bill and printing policy declarations.
Allstateallstate insurance company was giving an nice performance to all the peoples. but it give some disqualification that in that update performance.
EsuranceThey don't have a local office near me, which could be annoying to deal with at some point if I wanted to talk to someone face to face.
AllstateI used to be with State Farm and the premiums got out of control, I did a price comparison and it wasn't close considering the bundles that I had
Liberty MutualThey are a reliable company and have been around for many years, so I like that. They generally have decent customer service and they offer a good amount of coverage.
AllstateI really don't have anything bad to say about them. My parents had Allstate so I guess that's why I chose them as well. I think if I went to another competitor like State Farm, I expect to have the same level of customer satisfaction and comparable coverage. The only one that might be better would be USAA.
State FarmFor this particular company, I like that the issue could be resolved quickly without the need for a "pitch" from a salesperson. Trying to be sold on something you don't necessarily need makes things such as buying basic insurance a real pain and a thing people will avoid doing. Insurance for homes is important but they don't need to push services and extra costs for people who cannot afford them.
ProgressiveFrom this company I liked its internal qualities which has a perfect communication and a reasonable amount of personnel that can be attended to quickly, I liked that this company takes the trouble to cover things that could be called insignificant for other companies Unlike this, this leaves an incredible experience which makes me feel safe, this company offers security.
State AutoI'd recommend them, though I would definitely try to go through the company itself rather than an agent if possible. I'm sure they have good agents out there, but the company itself has proven more helpful in my experience.
GeicoI would recommend this company for home insurance because they quickly deal with customers in an efficient manner and treat the customer like they matter.
AllstateI really enjoyed the customer service and experience working with Allstate. They treat me very fair, the rate that they gave me was very competitive to other companies.
Blue Cross Blue ShieldI have a lot of dental issues and we struggle to put the claims through most of the time
State FarmI do not have any issues to say that I dislike the company overall.
State FarmI appreciate the fair prices, the friendly and knowledgeable staff, the amount of coverage offered, a variety of coverage offered and feeling like we are known and appreciated when we call or visit the local office.