Irving ,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 Irving, 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 Irving, TX is $2114. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Irving, TX. VHome Insurance will help you navigate the world of homeowners insurance coverages in Irving, TX.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $846 |
| $200,000 | $1,438 |
| $300,000 | $1,776 |
| $400,000 | $2,706 |
| $500,000 | $3,404 |
Home insurance costs in Irving 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 |
|---|---|
| 075039 | $3,150 |
| 75063 | $3,035 |
| 75038 | $2,894 |
| 75062 | $2,765 |
| 75061 | $2,726 |
| 75060 | $2,726 |
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 Irving, TX, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,167 |
| $1000 Deductible | $1,939 |
| $1500 Deductible | $1,829 |
| $2500 Deductible | $1,649 |
| $5000 Deductible | $1,395 |
| Home Insurance Company Near Irving, TX | Homeowners Insurance Agency Near Irving, TX | Address |
|---|---|---|
| NA | Twfg Insurance Services | 401 E Corporate Dr Ste 100 Lewisville, Southlake, TX, 75067 |
| NA | Home Team Insurance Services, Ltd | 5999 Custer Rd. 5999 Custer Rd. , Frisco, TX, 75035 |
| NA | Carey Insurance | 11226 Outpost Trail , Frisco, TX, 75033 |
| Allstate | Bill Winters | 1650 S FM 51 Ste 700, Decatur, TX, 76234 |
| Travelers | Main Street Independent Insurance Agencies In | 6300 Ridglea Place 6300 Ridglea Place Fort Worth, Fort Worth, TX, 76116 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Euless city, Texas | $156 | $208 | $312 |
| Farmers Branch city, Texas | $157 | $209 | $314 |
| Coppell city, Texas | $167 | $223 | $335 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Irving, TX | 5.5% | 15.7% |
| Euless | 5.83% | 16.35% |
| Farmers Branch | 6.05% | 16.59% |
| Coppell | 4.1% | 10.14% |
| Irving Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 925 | 1.0% | $1247 |
| $500 to $749 | 13,483 | 27.0% | $1922 |
| $750 to $999 | 17,365 | 35.0% | $2672 |
| $1,000 to $1,499 | 13,449 | 27.0% | $3797 |
| $1,500 or more | 3,367 | 6.0% | $5447 |
| Streets in Irving Area | Homeowners Insurance Cost |
|---|---|
| Marvel Dr, Redbud Ln, Crisp Dr, Valley Ranch Pkwy W, N Shore, Morrison Ln, Bur Oak Dr, F A A Blvd, Shufford St, Halifax St | $1,026 |
| Levee Rd, Witton St, Quail Hollow Ln, Ridgepoint Dr, Canary Dr, Saint James Rd, Loma Alta Dr, Linwood Ln, Tantor Rd, Rosecrest Ln | $1,006 |
| NE 8th St, Valdina St, Stemmons Trl, Freewood Dr, Cumberland Pl, Croydon St, George Ct, Schulze Dr, Rosita St, Mullins St | $976 |
| High Tech Dr, W 16th St, Surry Cir, Plover Ln, Ridgefield St, Gretna St, Glenda Ln, Redondo, Bel Aire Crst, Weathered St | $967 |
| Strait St, Gilbert Cir, Laguna, N Glen Dr, Roger Williams Dr, Capitol Ct, Redwood Ct, Bessemer St, McCarthy St, Recognition Point Dr | $1,020 |
| S Sleepy Hollow Ct, James St, Mercy Ln, Island Ct, Gardenia St, Hurd Dr, Fannin Dr, Cindy Ln, Sweetgum Dr, Bristol Ct S | $1,029 |
| S Nursery Rd, Chime Ct, Royal Xing, Directors Row, E Holland Dr, Steinbeck Ln, Dillon Trl, Brentwood Ct, Cliffside Ct, E Bangor Ct | $1,148 |
| E Gilbert Rd, Monticello Dr, Glenhaven Ct, Deseo, Mayo St, Daywood Ln, W Kellywood Ct, Skyway Cir N, Onetta Dr, Luchenbach Ln | $1,168 |
| Westmont Dr, Beverly Pkwy, Springwood Dr, Anode Ln, Lloyd Ct, California Crossing Rd, Entrada Blvd, Las Brisas Dr, John Smith Dr, N Gloucester St | $1,028 |
| W Highland Dr, Myrtle Dr, Yale St, E 4th St, Wallin Dr, Balleywood Rd, Sequoya Trl, Ridgeway St, Buckingham Dr, Kendall Ln | $1,021 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Irving | $155 to $158 |
| Euless | $156 |
| Coppell | $167 |
| Grapevine | $163 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $2,500 |
| Yearly Irving Homeowner Insurance Premium Example | $2,200 | $1,800 |
| Out of Pocket Expense During Claim | $500 | $2,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $18,100 | $16,900 |
| Net Savings to Irving Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Irving, TX Home Replacement Value MORE than Home Value | Irving, TX Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $207,500 | $115,000 |
| Insurance Premium based on Replacement Value | $1,550 | $850 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $49,500 | Risk Exposure from Under Insuring Coverage is $43,000 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $375/year |
| Insurance Company | State Farm | Chubb Group of Insurance | Farmers Insurance |
| Monthly Premium | 85 | 132 | 114 |
| Year Built | 2001 | 1971 | 1966 |
| Home Details | 2 Beds, 1 Baths | 5 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $100000-$125000 | $300000-$350000 | $200000-$250000 |
| Deductible | $500 Deductible | $5000 to $10,000 Deductible | $2500-$5000 Deductible |