Sugar Land, TX homeowners insurance is approximately $906 to $1,228, about $75-$102/month. Our all inclusive guide indicates shoppers can save as much as $426 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Sugar Land, Texas thrives on its unique and one-of-a-kind attractions, diversity, culture, and top-notch entertainment. The climate in Sugar land is classified as humid subtropical, where the temperature can hit as high as 95°F (35°C) in summers. Because of the harsh weather conditions, home insurance in Sugar Land, TX, is a necessity.
Getting homeowners insurance is essential to secure your home and own belongings. Sugar Land homeowners insurance can cover the cost of a leaky roof that causes water damage, a stray golf ball that shatters your bay window, structural damage due to an earthquake, or any number of covered hazards that may result in property damage or loss.
Sugar Land homeowners insurance is essential for safeguarding your family against any catastrophe that may occur. The average price of homeowners insurance in Sugar Land, Texas, is $1903. The cost of homeowners insurance in Sugar Land, Texas, is decided after analyzing certain factors, including the age of the home, materials used to construct your home, deductibles and coverage type, claim history, and security features.
VHome, through its research, has examined these factors in detail.
a. Home insurance based on the deductibles
A deductible is the insurer's money towards an insured loss. For example, if a wind storm causes collateral damage, the homeowner policy will cover your repair cost minus your deductible.
Homeowners in Sugar Land typically choose to pay a deductible of $1000 and $1500, where the premium charged is $1700.9 and $1601.18, respectively. Homeowners who choose to pay a low deductible in Sugar Land have to pay a higher premium. For instance, homeowners who opted for a deductible of $500 pay $1880.16 towards their home insurance in Sugar Land, Texas.
b. Home insurance based on the materials used
Materials used to construct the home play an integral part in determining the cost of home insurance in Sugar Land, Texas. Homes built using sturdy materials are less prone to damage or other repairs. For instance, houses built with hail-resistant roofs pay $1864.94, whereas homes built with damage-resistant materials like Masonry and Brick pay $1807.85 in Sugar Land.
c. Home insurance based on the age of the home
To determine the homeowners insurance rates in Sugar Land, the age of the home matters. Simply, the older your home, the more premium you pay on home insurance in Sugar Land, TX. This is because as homes age, so do the materials used to build your house. For example, homes older than 30 and 50 years pay $1931.545 and $1975.314, respectively. On the other hand, newly built homes are less prone to damage, and home insurance providers proffer significant discounts to newly constructed homes. For instance, newly built homes in Sugar Land can get lower insurance of $1465.31.
In Sugar Land, Texas, homeowners pay an average home insurance rate ranging from $906 to $1,228. vHome’s analysis reveals that Sugar Land homeowners can save as much as $426 by choosing the cheapest home insurance provider. Below are some of the factors that Sugar Land homeowners are advised to keep in mind before choosing the home insurance company that best suits their coverage needs.
A.M. Best Rating
Financial strength is referred to as the capacity of an insurance company to grant claims of current policyholders. Sugar Land homeowners are recommended to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Sugar Land homeowners can use these ratings to identify home insurance companies with a high financial capacity.
J.D. Power Score
J.D. Power awards home insurance companies with a score based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Sugar Land homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.
Comparing Quotes
Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes can differ from one insurance company to another. Sugar Land homeowners should obtain quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.
Deductibles vs. Insurance Rates
Sugar Land homeowners can opt for high deductibles to reduce their home insurance rates. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Sugar Land homeowners are advised to choose the home insurance company that offers the highest discount for their deductibles.
Claims Processing Speed
Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Sugar Land homeowners are suggested to choose home insurance companies with a simple and swift claims processing system.
Home insurance companies in Sugar Land, TX, are rated by taking different criteria into consideration. The best home insurance companies are determined by considering their financial strength, customer service, available discounts, market share, and the speed at which claims are processed.
State Farm
State Farm is one of the very few home insurance companies in Sugar Land to receive a financial strength rating of A++ (superior) from A.M. Best. This means that State Farm is financially superior in granting potential claims of current policyholders. State Farm also holds a rating of 3/5 for customer satisfaction from J.D. Power. When it comes to market share, State Farm occupies the majority of the Texas market with 19.55%.
Allstate
Allstate has a financial strength rating of A+ (superior) from A.M. Best, and a customer satisfaction score of 3/5 from J.D. Power. Allstate agents work closely with Sugar Land homeowners to provide personalized home insurance quotes. According to NAIC data, Allstate has a market share of 13.08% in the state of Texas.
Farmers
Farmers received a financial strength rating of A+ (superior) from A.M. Best, and a customer satisfaction score of 3/5 from J.D. Power. NAIC reports that Farmers has a 10.39% market share in Texas. Farmers has a 24/7 claims support service and Mobiles Claim Center buses to handle priority claims in Sugar Land.
USAA
USAA holds a financial strength rating of A++ (superior) from A.M. Best, and a perfect customer satisfaction score of 5/5 from J.D. Power. USAA is regarded highly in Sugar Land for providing home insurance services exclusively to veterans. NAIC reports that USAA occupies a market share of 9.70% in Texas.
Liberty
Liberty has a financial strength rating of A (excellent) from A.M. Best, and a customer satisfaction score of 3/5 from J.D. Power. Liberty is well known for its discount offerings and inflation protection policy. According to NAIC data, Liberty has a market share of 7.37% in the state of Texas.
Sugar Land, TX Home Value | Total Homes | % of Total | Average Sugar Land, TX Homeowners Insurance |
---|---|---|---|
Less than $50,000 | 1,270 | 2.0% | $138 |
$80,000 to $89,999 | 1,273 | 2.0% | $490 |
$90,000 to $99,999 | 1,748 | 3.0% | $544 |
$100,000 to $124,999 | 5,606 | 10.0% | $629 |
$125,000 to $149,999 | 8,313 | 15.0% | $789 |
$150,000 to $174,999 | 9,243 | 16.0% | $938 |
$175,000 to $199,999 | 5,706 | 10.0% | $1088 |
$200,000 to $249,999 | 8,572 | 15.0% | $1301 |
$250,000 to $299,999 | 6,351 | 11.0% | $1600 |
$300,000 to $399,999 | 6,319 | 11.0% | $2027 |
Home Insurance Company Near Sugar Land, TX | Homeowners Insurance Agency Near Sugar Land, TX | Address |
---|---|---|
NA | Texas Printers Insurance Agency | 8133 Jackrabbit Rd , Houston, TX, 77095 |
State Farm | Felicia Boudreaux | 14901 State Hwy 249 Ste 105, Houston, TX, 77086-1630 |
Travelers | Ias General Agency Llc | 11111 KATY FREEWAY STE 400, HOUSTON, TX, 77079 |
Travelers | Insurance Associates Of The Southwest | 11111 KATY FREEWAY STE 400, HOUSTON, TX, 77079 |
Travelers | Richard M Eng | 5761 BISSONNET ST, BELLAIRE, TX, 77401 |
Streets in Sugar Land Area | Homeowners Insurance Cost |
---|---|
Bracebridge Ct, Coatsworth Dr, Marathon Pl, Steamboat Run, Brook Bend Dr, Bivins Lake Cir, Grand Plantation Ln, Fieldrose Ct, Linenhall Dr, Bay View Dr | $1,049 |
Seven Coves Ct, Wren Meadow Rd, Mondrian Dr, Bending Key Ct, Landmark, Executive Dr, Cam Verde, Esplanade Pl, Bellago Ln, Shadow Wood Dr | $1,056 |
Dumfries St, Amy Point Ln, Wagon Trail Dr, Bogard Ct, Old Masters Dr, Hadfield Ct, Regents Park, Borden St, Deaf Smith Dr, Rockdale Bridge Ct | $1,191 |
Pioneer Dr, Stovepipe Ln, Heather Springs Ln, Mary Sue Ct, Turning Leaf Ln, Annabella Pl, Cedarwood, Old Barn Dr, Casey Cir, Cerro Puente Way | $1,056 |
Chappel Hill Dr, Ayers Rock Rd, Cedar Path, Golden Canyon Ln, Zimmerly Ct, Golden Sky Ln, Willow Brook Ct, Pecan Walk Ln, Chesapeake Pl, Crescent Lakes Cir | $1,056 |
Meadowfair Ct, Fletcher Bridge Ln, Summer Bay Ct, Vista Creek Ct, Carya Cir, Elmwood Point Ln, Rain Fall St, Ludwig Ln, Fisher Lake Dr, S Medio River Cir | $1,043 |
Wild Rose Trce, Woodfalls Ln, Flatridge Ct, Clodine-Reddick Rd, Meadowstar Dr, Sugarhollow Ct, Brobeck Ct, Frampton Ln, Broken Elm Dr, Petitt Rd | $1,053 |
Old Legend Ct, Quiet Town Ln, Brentford Ct, Grove Stone Ct, Beechnut St, Amberstone Dr, Shady Isle Ct, Cottonmist Ct, Londres Dr, Sugar Crystal Ct | $1,133 |
Honey Brook Ct, Midnight Sun Ln, Beacon Pointe, Golden Heath Ln, Old Oyster Trl, Birch Hill Dr, Oak View Trl, Kathi Lynn Ln, Elderberry Trce, Espinosa Dr | $1,191 |
Deverell Dr, Saxony Dr, Brightwood Park Ln, Lansdowne Dr, Squire Dobbins Dr, Harwood Dr, Bournewood Dr, Sutters Creek Trl, Webb Ln, Stockman Ln | $1,057 |
Place | Savings For Senior Occupied Homes |
---|---|
Sugar Land | $159 to $162 |
New Territory | $164 |
Four Corners | $157 |
Meadows Place | $156 |
Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
---|---|---|---|
New Territory CDP, Texas | $137 | $183 | $274 |
Four Corners CDP, Texas | $131 | $175 | $262 |
Meadows Place city, Texas | $131 | $174 | $261 |
Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
---|---|---|
Sugar Land, TX | 4.8% | 11.9% |
New Territory | 4.21% | 10.34% |
Four Corners | 5.14% | 12.01% |
Meadows Place | 5.7% | 13.71% |
Sugar Land Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
---|---|---|---|
$500 to $749 | 711 | 4.0% | $1913 |
$750 to $999 | 3,642 | 22.0% | $2663 |
$1,000 to $1,499 | 7,494 | 46.0% | $3788 |
$1,500 or more | 4,018 | 25.0% | $5438 |
Low Deductible | High Deductible | |
---|---|---|
Deductible | $1,700 | $3,700 |
Yearly Sugar Land Homeowner Insurance Premium Example | $1,500 | $1,100 |
Out of Pocket Expense During Claim | $1,700 | $3,700 |
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $12,200 | $11,400 |
Net Savings to Sugar Land Home Owner from High Deductible Plan | $800 |
Scenario | Sugar Land, TX Home Replacement Value MORE than Home Value | Sugar Land, TX Home Replacement Value LESS than Home Value |
---|---|---|
Replacement Value | $240,500 | $181,000 |
Insurance Premium based on Replacement Value | $2,275 | $1,725 |
Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $32,000 | Risk Exposure from Under Insuring Coverage is $27,500 |
Premium Impact | Insurance cheaper by $250/year | Insurance costlier by $300/year |
Insurance Company | Nationwide Insurance | Farmers Insurance | State Farm |
Monthly Premium | 163 | 120 | 108 |
Year Built | 1980 | 2010 | 2002 |
Home Details | 3 Beds, 2 Baths | 4 Beds, 1 Baths | 5 Beds, 2 Baths |
Coverage Amount | $200000-$250000 | $250000-$300000 | $150000-$175000 |
Deductible | $500 Deductible | > $10,000 Deductible | $500- $1000 Deductible |
Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
---|---|---|---|---|---|---|---|---|---|
1980 | 380,000 | Tile Roof | 3,330 | 4 | $500- $1000 Deductible | 1630 | 8 | Brick siding | yes |
2014 | 185,000 | Slate Shingles Roof | 1,610 | 4 | $2500-$5000 Deductible | 1220 | 10 | Brick siding | No |
1995 | 150,000 | Slate Shingles Roof | 1,630 | 5 | $500- $1000 Deductible | 650 | 5 | Stone Siding | No |
1992 | 325,000 | Asphalt Shingles Roof | 2,880 | 5 | $5000 to $10,000 Deductible | 510 | 5 | Stone Siding | yes |
2010 | 200,000 | Wood Shake Roof | 1,670 | 3 | $500 Deductible | 2270 | 12 | Fiber-Cement Siding | yes |
1999 | 410,000 | Slate Shingles Roof | 3,320 | 4 | $1000-$2500 Deductible | 1190 | 4 | Vinyl siding | No |
1996 | 175,000 | Composition Roof | 1,630 | 5 | $500 Deductible | 1100 | 12 | Stone Siding | yes |
1993 | 310,000 | Metal Roof | 3,380 | 4 | $2500-$5000 Deductible | 1290 | 8 | Wood siding | No |
1983 | 190,000 | Membrane Roof | 1,620 | 4 | $500- $1000 Deductible | 720 | 5 | Fiber-Cement Siding | yes |
2013 | 230,000 | Metal Roof | 2,260 | 3 | > $10,000 Deductible | 220 | 2 | Stucco siding | yes |
2006 | 220,000 | Composition Roof | 2,180 | 4 | $500 Deductible | 1230 | 8 | Brick siding | yes |
2014 | 370,000 | Composition Roof | 2,990 | 4 | $5000 to $10,000 Deductible | 1190 | 6 | Stucco siding | No |
2009 | 165,000 | Slate Shingles Roof | 1,820 | 4 | $500 Deductible | 1140 | 9 | Wood siding | yes |
2008 | 265,000 | Asphalt Shingles Roof | 2,980 | 4 | $2500-$5000 Deductible | 400 | 3 | Fiber-Cement Siding | No |
2012 | 495,000 | Membrane Roof | 4,840 | 5 | $500- $1000 Deductible | 940 | 3 | Fiber-Cement Siding | No |
2014 | 185,000 | Tile Roof | 1,530 | 3 | $500- $1000 Deductible | 230 | 2 | Fiber-Cement Siding | yes |
2002 | 205,000 | Tile Roof | 2,170 | 3 | $500- $1000 Deductible | 670 | 5 | Fiber-Cement Siding | No |
1987 | 185,000 | Shingles Roof | 1,660 | 3 | $5000 to $10,000 Deductible | 900 | 8 | Wood siding | yes |
1982 | 230,000 | Slate Shingles Roof | 2,690 | 4 | $5000 to $10,000 Deductible | 830 | 8 | Brick siding | No |
1987 | 435,000 | Tile Roof | 3,570 | 5 | $5000 to $10,000 Deductible | 1490 | 6 | Vinyl siding | No |
1988 | 220,000 | Metal Roof | 1,860 | 3 | $2500-$5000 Deductible | 680 | 4 | Stone Siding | yes |
2012 | 370,000 | Slate Shingles Roof | 4,090 | 5 | $2500-$5000 Deductible | 1870 | 8 | Fiber-Cement Siding | yes |
1995 | 170,000 | Membrane Roof | 1,930 | 4 | $2500-$5000 Deductible | 650 | 10 | Wood siding | yes |
2005 | 225,000 | Slate Shingles Roof | 1,770 | 4 | $5000 to $10,000 Deductible | 520 | 4 | Fiber-Cement Siding | No |
2004 | 460,000 | Asphalt Shingles Roof | 4,750 | 5 | $2500-$5000 Deductible | 2210 | 9 | Wood siding | yes |
2010 | 165,000 | Slate Shingles Roof | 1,980 | 3 | $1000-$2500 Deductible | 670 | 8 | Vinyl siding | No |
1994 | 370,000 | Wood Shake Roof | 3,520 | 5 | $2500-$5000 Deductible | 2160 | 12 | Brick siding | No |
1981 | 480,000 | Metal Roof | 4,210 | 5 | $5000 to $10,000 Deductible | 1620 | 7 | Fiber-Cement Siding | No |
2004 | 215,000 | Composition Roof | 2,210 | 3 | $500- $1000 Deductible | 770 | 5 | Stucco siding | yes |
1986 | 210,000 | Composition Roof | 1,650 | 3 | $500 Deductible | 890 | 5 | Vinyl siding | No |