Garland ,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 Garland, 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 Garland, TX is $2075. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Garland, TX. VHome Insurance will help you navigate the world of homeowners insurance coverages in Garland, TX.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $830 |
| $200,000 | $1,411 |
| $300,000 | $1,743 |
| $400,000 | $2,656 |
| $500,000 | $3,341 |
Home insurance costs in Garland 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 |
|---|---|
| 075041 | $2,727 |
| 75044 | $2,825 |
| 75043 | $2,762 |
| 75040 | $2,747 |
| 75042 | $2,724 |
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 Garland, TX, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,127 |
| $1000 Deductible | $1,903 |
| $1500 Deductible | $1,795 |
| $2500 Deductible | $1,619 |
| $5000 Deductible | $1,370 |
| Home Insurance Company Near Garland, TX | Homeowners Insurance Agency Near Garland, TX | Address |
|---|---|---|
| NA | Twfg Insurance Services | 5787 S. Hampton 5787 S. Hampton, Dallas, TX, 75327 |
| Nationwide | Djafar Bakhshodeh | 2100 N Main St Suite 105, Ft Worth, TX, 76164-8576 |
| Allstate | Frank Sarmiento | 2727 S Hampton Rd, Dallas, TX, 75224 |
| Travelers | Roach Howard Smith & Barton | 8750 N. Central Expwy, Ste.500, Dallas, TX, 75231 |
| Farmers | Sonia Martinez | 3530 Forest Ln Ste 162, Dallas, TX, 75234 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Rowlett city, Texas | $158 | $211 | $317 |
| Sachse city, Texas | $160 | $213 | $320 |
| Richardson city, Texas | $160 | $213 | $320 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Garland, TX | 6.2% | 16.1% |
| Rowlett | 5.06% | 13.57% |
| Sachse | 4.85% | 13.35% |
| Richardson | 5.13% | 13.04% |
| Garland Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 300 | 1.0% | $801 |
| $300 to $499 | 582 | 2.0% | $1251 |
| $500 to $749 | 5,510 | 22.0% | $1926 |
| $750 to $999 | 7,882 | 32.0% | $2676 |
| $1,000 to $1,499 | 7,751 | 31.0% | $3801 |
| $1,500 or more | 2,393 | 9.0% | $5451 |
| Streets in Garland Area | Homeowners Insurance Cost |
|---|---|
| Creekside Dr, Murifield Ave, Meadows Dr, Eganridge Ln, Mont Cascades, Meadow Bluff Dr, Wind Hill Cir, Americas Cup, Meandering Way, Peninsula Dr | $1,081 |
| Azzurra Dr, Intrepid Ln, Brookhollow Dr, Southern Pines Dr, Bunny Ln, Prairie Ct, Troy Rd, Islemere Dr, Misty Way, Chimneywood Dr | $1,081 |
| Meadows Cir, Ridge Road Ct, Plummer Dr, Grandview Dr, FM 1152, Gold Coast Ct, Oak Hollow Ln, Tall Oaks, Westhaven Dr, Shores Cir | $1,084 |
| Green Gables Ct, Weatherly Dr, Whitney Bay Dr, Defender Ln, Betty St, Potter Ave, Pacific Pearl Dr, Avonlea Dr, Pheasant Creek Dr, Pinehurst Dr | $1,077 |
| Gold Coast Dr, Harlan Dr, Ashbourne Dr, Dalton Rd, Golden Pond Dr, Cedarbluff Dr, Mirage Ln, Clearmeadow Ct, Huntcliff Dr, Scarboro Hills Dr | $1,084 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Garland | $154 to $156 |
| Rowlett | $158 |
| Sachse | $160 |
| Northeast Dallas | $156 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,600 | $4,600 |
| Yearly Garland Homeowner Insurance Premium Example | $1,900 | $1,400 |
| Out of Pocket Expense During Claim | $1,600 | $4,600 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $14,900 | $14,400 |
| Net Savings to Garland Home Owner from High Deductible Plan | $500 | |
| Scenario | Garland, TX Home Replacement Value MORE than Home Value | Garland, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $246,000 | $142,500 |
| Insurance Premium based on Replacement Value | $1,950 | $1,125 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $61,000 | Risk Exposure from Under Insuring Coverage is $42,500 |
| Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $475/year |
| Insurance Company | State Farm | Amica Mutual Insurance Company | GEICO Insurance |
| Monthly Premium | 356 | 89 | 108 |
| Year Built | 2013 | 1993 | 2003 |
| Home Details | 5 Beds, 3 Baths | 2 Beds, 1 Baths | 3 Beds, 2 Baths |
| Coverage Amount | $400000-$500000 | $100000-$125000 | $125000-$150000 |
| Deductible | $500 Deductible | $500 Deductible | $500- $1000 Deductible |