Pearland, TX homeowners insurance is roughly $904 to $1,226, about $75-$102/month. Our in depth guide reveals consumers can save as much as $426 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Homeowners in Pearland, TX pay an average of $1390.5 for home insurance. However, the cost of your policy will vary based on a number of factors including coverage type and deductible amount as well as age of property or materials used to build it.Below is the summary of average home insurance costs available to Pearland Homeowners based on the deductible and other variables.
Pearland, Home Insurance Cost for different deductibles.
Homeowners are given discounts when they opt for higher deductibles which translates into cheaper monthly payments and affordable premiums over time. A high deductible policy is an easy way to benefit more while saving money. Pearland homeowners paying a high deductible of $2500 can avail of home insurance for $998.38.Homeowners receive insurance for $1062.06 and $1169.97, respectively, on deductibles $2000 and $1500.
The average cost of house insurance is directly proportional to the age of the home. Newly constructed Pearland, TX homes can avail lower insurance of $1,071 since 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 $1427-$1443 per year on their premiums.
Construction type is an important factor in the cost of homeowners insurance. The more resistant your house to damage, the less expensive homeowners insurance will be for you. For instance, if a person lives in Pearland, TX and has fire-resistant construction on their roof they can benefit from average rates at $1224 per year.Insurance companies in Pearland offer home insurance for $1321 for homes built with Masonry and Brick. Homes constructed with superior and hail resistant roofs attract a higher amount $1265 and $1349 respectively.
Apart from all these factors, homeowners can avail cheap home insurance costs from insurance companies based on the security features and senior citizens residing in the households. Senior occupied houses in Pearland can also avail discounts on home insurance.
The average cost of home insurance in Pearland, TX, ranges between $904 to $1,226. Pearland 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 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 Pearland policyholders. It also received a customer satisfaction score of 4/5 from J.D. Power based on the feedback collected from policyholders.
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 Pearland 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 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.
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 Pearland policyholders. It also holds a perfect customer satisfaction score of 5/5 from J.D. Power.
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.
Homeowners in Pearland, TX, generally choose home insurance companies based on how reasonably priced their quotes are. However, the best home insurance companies are determined based on their financial strength rating, customer satisfaction score, and market share.
State Farm leads the way in Pearland, occupying the majority of market share in Texas with 19.55%. State Farm is considered to be reliable in terms of financial strength, holding a financial strength rating of A++ (superior) from A.M. Best. It also holds a customer satisfaction score of 3/5 from J.D. Power.
Allstate follows close behind State Farm, occupying a market share of 13.08% in Texas. Allstate has superior financial ability in granting potential claims of current Pearland 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.
Farmers holds a market share of 10.39%, according to the data collected by the National Association of Insurance Commissioners (NAIC). A.M. Best has awarded Farmers a financial strength rating of A+ for its superior ability in granting potential claims of current Pearland policyholders. J.D. Power awarded Farmers a customer satisfaction score of 3/5, based on a consumer survey.
USAA is another major insurance company in Pearland, with a market share of 9.70%. USAA earned a financial strength rating of A++ from A.M. Best for its superior financial ability in granting potential claims of current Pearland policyholders. It also holds a perfect customer score of 5/5 from J.D. Power.
According to the NAIC data, Liberty Mutual has a market share of 7.37% in Texas. Liberty Mutual has a financial strength rating of A from A.M. Best for its excellent ability in granting potential claims of current Pearland policyholders. It received a customer satisfaction score of 2/5 from J.D. Power.
|Pearland, TX Home Value||Total Homes||% of Total||Average Pearland, TX Homeowners Insurance|
|Less than $50,000||704||2.0%||$138|
|$90,000 to $99,999||312||1.0%||$564|
|$100,000 to $124,999||2,021||8.0%||$649|
|$125,000 to $149,999||3,341||13.0%||$809|
|$150,000 to $174,999||4,887||20.0%||$958|
|$175,000 to $199,999||3,760||15.0%||$1107|
|$200,000 to $249,999||4,926||20.0%||$1331|
|$250,000 to $299,999||2,252||9.0%||$1629|
|$300,000 to $399,999||1,420||5.0%||$2076|
|Home Insurance Company Near Pearland, TX||Homeowners Insurance Agency Near Pearland, TX||Address|
|NA||Cravens, Warren And Company||10011 West Gulf Bank , Houston, TX, 77040|
|NA||Elias Ramirez Insurance Agency||6901 Lawndale St., Houston, TX, 77023|
|Travelers||Ami Insurance Agency Llc||16113 EAST FWY, CHANNELVIEW, TX, 77530|
|Allstate||Cecile Nguyen||9585 Clay Rd Ste 8, Houston, TX, 77080|
|State Farm||Roderick Price||12777 Jones Rd Ste 125, Houston, TX, 77070-4492|
|Streets in Pearland Area||Homeowners Insurance Cost|
|Prestwick Sq, Bees Creek Ct, Cherry Springs Ct, Marzia Ave, W Plantation Oaks, Rita Elliott Ct, Macnicoll St, Honey Grove Ave, English Green Way, Ladonia St||$1,087|
|Lazy Hollow Ct, Owens Glen Ct, E Dallas Rd, S Fitzgerald Ct, Dewalt Way, Stones Throw Ln, House Lake Dr, Summit Rock Way, Deer Knoll Ct, Deer Lodge Ct||$1,106|
|Garden Gln, Forest Teal Ct, S Fitzgerald Way, College St, Moonlight Ct, Blue Heather Ln, Oakland Cir, Chapel Creek Way, Cape Hatteras Way, McKinney Ln||$1,091|
|Steep Bank Psge, Quail Burg Ct, Gussie Mae Ln, Evening Wind Dr, Emerald St, Hardwood Glen Dr, Rudolph Ct, Hickory Lake, Miller Rd, One Oak Chase Rd||$1,102|
|Ryon Way, Manchester Cove, Richmond Knoll Ct, Lilac Breeze Ln, Coretta Ct, Caloway Ct, Gardenia, Chriesman Ln, Alvin, Collier Point Ln||$1,088|
|Place||Savings For Senior Occupied Homes|
|Pearland||$159 to $162|
|Place||1 Car Bundle Savings On Insurance||2 Car Bundle Savings On Insurance||3 Car Bundle Savings On Insurance|
|Brookside Village city, Texas||$131||$175||$262|
|Manvel city, Texas||$132||$176||$264|
|Friendswood city, Texas||$136||$181||$272|
|Place||Home insurance as a % of housing cost for homes with mortgage||Home insurance as a % of housing cost for homes without mortgage|
|Pearland Home By Monthly Rent||Total Homes||% of Total||Estimated Monthly Income To Afford Rented House Including Renters Insurance|
|$300 to $499||60||1.0%||$1239|
|$500 to $749||626||11.0%||$1914|
|$750 to $999||1,711||30.0%||$2664|
|$1,000 to $1,499||1,871||33.0%||$3789|
|$1,500 or more||1,283||23.0%||$5439|
|Low Deductible||High Deductible|
|Yearly Pearland Homeowner Insurance Premium Example||$1,900||$1,500|
|Out of Pocket Expense During Claim||$1,400||$3,400|
|Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim||$14,700||$13,900|
|Net Savings to Pearland Home Owner from High Deductible Plan||$800|
|Scenario||Pearland, TX Home Replacement Value MORE than Home Value||Pearland, TX Home Replacement Value LESS than Home Value|
|Insurance Premium based on Replacement Value||$2,825||$1,725|
|Risk Exposure from Under Insuring Coverage||Unnecessary Home Insurance Coverage of $69,000||Risk Exposure from Under Insuring Coverage is $38,000|
|Premium Impact||Insurance cheaper by $375/year||Insurance costlier by $725/year|
|Insurance Company||Amica Mutual Insurance Company||USAA group||Allstate|
|Home Details||3 Beds, 2 Baths||4 Beds, 2 Baths||5 Beds, 2 Baths|
|Deductible||$5000 to $10,000 Deductible||$500 Deductible||$500 Deductible|
|Year Built||Home Value||Roof Type||Sqft||Number of Bedrooms||Deductible||Premium||Premium Months||Siding Type||Smoker/Non Smoker|
|2003||245,000||Membrane Roof||2,260||5||$5000 to $10,000 Deductible||1420||10||Vinyl siding||No|
|1985||365,000||Shingles Roof||3,030||4||$1000-$2500 Deductible||2150||12||Stone Siding||No|
|2013||280,000||Asphalt Shingles Roof||2,300||3||$2500-$5000 Deductible||760||6||Vinyl siding||yes|
|2013||280,000||Asphalt Shingles Roof||2,830||4||$500 Deductible||2360||12||Brick siding||No|
|2010||230,000||Composition Roof||1,940||3||$500- $1000 Deductible||1620||12||Wood siding||yes|
|1985||370,000||Metal Roof||3,290||4||$500- $1000 Deductible||4010||12||Fiber-Cement Siding||No|
|1994||345,000||Slate Shingles Roof||3,590||5||> $10,000 Deductible||2520||12||Fiber-Cement Siding||No|
|1998||490,000||Wood Shake Roof||4,490||5||> $10,000 Deductible||2020||10||Stone Siding||No|
|1986||140,000||Wood Shake Roof||1,510||3||$2500-$5000 Deductible||720||8||Stucco siding||yes|
|2012||395,000||Tile Roof||3,270||4||$2500-$5000 Deductible||1730||10||Stucco siding||No|
|2011||280,000||Shingles Roof||2,310||5||$500- $1000 Deductible||410||2||Stucco siding||No|
|2012||210,000||Metal Roof||1,750||5||$500 Deductible||630||4||Stone Siding||No|
|1994||355,000||Slate Shingles Roof||2,990||4||$500- $1000 Deductible||1510||7||Stucco siding||yes|
|2012||240,000||Membrane Roof||2,730||4||$500 Deductible||2000||9||Fiber-Cement Siding||yes|
|1982||160,000||Slate Shingles Roof||1,820||4||$2500-$5000 Deductible||810||8||Stucco siding||No|
|2010||195,000||Composition Roof||2,180||4||$500- $1000 Deductible||830||8||Stucco siding||yes|
|1989||270,000||Wood Shake Roof||2,370||5||> $10,000 Deductible||320||2||Fiber-Cement Siding||yes|
|2013||195,000||Wood Shake Roof||2,120||3||$1000-$2500 Deductible||1340||12||Wood siding||No|
|1982||240,000||Asphalt Shingles Roof||1,960||3||$500- $1000 Deductible||340||2||Stucco siding||No|
|2000||325,000||Membrane Roof||3,840||5||> $10,000 Deductible||430||3||Vinyl siding||No|
|2005||395,000||Asphalt Shingles Roof||3,250||5||$1000-$2500 Deductible||590||3||Vinyl siding||No|
|2012||215,000||Shingles Roof||1,890||4||> $10,000 Deductible||620||6||Fiber-Cement Siding||yes|
|2000||125,000||Shingles Roof||1,250||3||$500- $1000 Deductible||1250||12||Stucco siding||No|
|2005||285,000||Wood Shake Roof||2,620||5||$500 Deductible||1440||7||Fiber-Cement Siding||No|
|2005||400,000||Composition Roof||3,250||4||$2500-$5000 Deductible||660||4||Brick siding||No|
|2003||215,000||Asphalt Shingles Roof||1,800||3||$5000 to $10,000 Deductible||590||5||Vinyl siding||yes|
|2013||335,000||Wood Shake Roof||3,300||5||> $10,000 Deductible||980||8||Wood siding||yes|
|1984||215,000||Slate Shingles Roof||1,830||4||$500 Deductible||2830||12||Stucco siding||yes|
|1980||430,000||Shingles Roof||3,660||5||$1000-$2500 Deductible||1470||6||Stone Siding||No|
|2002||160,000||Wood Shake Roof||1,650||4||$5000 to $10,000 Deductible||90||1||Stone Siding||yes|
|2003||215,000||Shingles Roof||2,230||3||$1000-$2500 Deductible||1090||8||Fiber-Cement Siding||yes|
|2011||555,000||Metal Roof||4,740||5||$5000 to $10,000 Deductible||690||3||Wood siding||No|
|1988||180,000||Wood Shake Roof||1,790||5||$5000 to $10,000 Deductible||840||12||Wood siding||No|