Best homeowners insurance in Dallas, TX (2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best and cheapest home insurance companies in Dallas.

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By

Pat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

Edited by

Jennifer GimbelJennifer GimbelSenior Managing Editor & Home Insurance ExpertJennifer Gimbel is a senior managing editor and home insurance expert at Policygenius, where she oversees our homeowners insurance coverage. Previously, she was the managing editor at Finder.com and a content strategist at Babble.com.
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Reviewed by

Pat HowardPat HowardManaging Editor & Licensed Home Insurance ExpertPat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

Updated|4 min read

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With so many moving into the Dallas-Fort Worth area, home prices are significantly higher than other parts of the state, and with several weather extremes in recent years, homeowners insurance is more important than ever.

Here are our picks for the best homeowners insurance companies in Dallas, TX.

Compare home insurance rates in Dallas

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Compare the best cheap homeowners insurance companies in Dallas

Based on our findings, State Farm, Farmers, Nationwide, Progressive, and Texas Farm Bureau are the best home insurance companies in Dallas.

To find the best cheap homeowners insurance in Dallas, we reviewed over a dozen of the largest insurance companies in the state and chose the five with the highest overall Policygenius rating.

Our ratings are based on each company's financial strength and customer service ratings, the number and quality of available coverage, and average policy premiums in 51 Dallas ZIP codes.

Company

Average monthly cost

Policygenius rating

State Farm

$233

4.8 out of 5

Farmers

$46

4.5 out of 5

Nationwide

$555

4.5 out of 5

Progressive

$423

4.5 out of 5

Texas Farm Bureau

$62

3.9 out of 5

award icon

2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

All 50 states

Why we chose itchevron icon

State Farm home insurance is one of the best overall home insurance providers in Texas thanks to its statewide availability, large selection of policy options for most home types, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • High customer satisfaction and financial strength ratings

  • Top-tier coverage add-ons, including extended replacement cost coverage

  • Offers large discounts when you bundle your home and auto insurance

Cons

  • 20% more complaints filed with the NAIC than other companies of its size

  • No discounts for first-time homebuyers

More detailschevron icon

Why we chose State Farm

At a time when a lot of its competitors are no longer insuring homes in areas prone to wildfires or hurricanes, State Farm continues to offer its relatively affordable and highly-rated home insurance to homeowners in most parts of the country, including Texas.

While some of its competitors may not have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.

How do State Farm home insurance rates compare to the Dallas average?

The average cost of State Farm home insurance in Dallas is $2,895 per year, which is about 15% cheaper than the average annual premium in Dallas of $3,284.

How to get a quote

Online through State Farm

award icon

2024 Policygenius award winner

Farmers

Farmers Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers extended replacement cost

Bundle home & auto

Smart home discounts

Why we chose itchevron icon

Along with saving around 20% when you bundle your home and car insurance, Farmers also gives you access to its extensive suite of discounts, unique policy credits, and claim-free incentives that help put money back in your pocket.

Pros and conschevron icon

Pros

  • 12+ discounts to save on rates

  • Optional extended or guaranteed replacement cost dwelling coverage

  • Shave $50 off your deductible each year you’re with Farmers

Cons

  • Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys

More detailschevron icon

Why we chose Farmers

Farmers home insurance stands out against competitors thanks to its 17 available discounts and policy perks. For context, Farmers competitors offer an average of around seven discounts total.

Along with several discount offerings and affordable rates, Farmers also offers the following two key policy perks:

  • Declining deductibles: Earn $50 toward your home deductible each year you have a home insurance policy with Farmers.

  • Claim forgiveness: Once you’ve gone five years without filing a claim, Farmers won’t raise your rate after that if you end up filing one.

Even more, depending on your state of residence, you can save up to 45% on your auto insurance and up to 34% on your home insurance when you bundle policies, according to farmers.

How do Farmers home insurance rates compare to the Dallas average?

The average cost of Farmers home insurance in Dallas is $519 per year, which is around 83% cheaper than the average annual premium in Dallas of $3,284.

How to get a quote

Online through Farmers

award icon

2024 Policygenius award winner

Nationwide

Nationwide logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Mobile app

New homebuyer discount

Offers extended replacement cost

Why we chose itchevron icon

Nationwide home insurance features an extensive range of comprehensive coverage and policy options. It also received high marks for claims satisfaction with J.D. Power, indicating you can rely on Nationwide when it matters most.

Pros and conschevron icon

Pros

  • Multiple high-quality coverage options

  • Highly rated for claims satisfaction with J.D. Power

Cons

  • Below-average customer satisfaction and digital experience ratings

  • Won’t cover Airbnbs or other short-term rentals

More detailschevron icon

Why we chose Nationwide

Nationwide is known for it's robust policy options and large selection of coverage add-ons, such as flood coverage and options to rebuild your roof with stronger materials after a covered loss, making Nationwide a smart choice if you live in a Texas area at risk for extreme weather or natural disasters. While Nationwide’s average home insurance rate in Dallas of $6,664 is among the most expensive in our top company analysis, it has several discount options available that can trim those high costs.

How do Nationwide home insurance rates compare to the Dallas average?

The average cost of Nationwide home insurance in Dallas is $6,664 per year, which is around 103% more expensive than the average annual premium in Dallas of $3,284.

How to get a quote

Online through Policygenius or Nationwide

award icon

2024 Policygenius award winner

Progressive

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A+

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Mobile app

Why we chose itchevron icon

Progressive offers robust home insurance coverage and ways to save. Our fave perk? Its bundling discount, which lets you save up to 20% on premiums and only requires you to pay one deductible if your home and car are damaged in the same event.

Pros and conschevron icon

Pros

  • Save up to 20% when you bundle your home and auto insurance

  • Bundling perks include single-deductible claims and streamlined bill payment

  • User-friendly app to manage and update policy

Cons

  • Below-average claims satisfaction ratings

  • Cost varies by company Progressive places you with

  • Customer service & claims options vary by company

More detailschevron icon

Why we chose Progressive

Progressive shines for its industry-best home and auto insurance bundling perks. Insure both your home and car with Progressive and you’ll not only score a huge discount, but you’ll only have to pay one deductible if your home and car are damaged in the same incident. This means if a tornado or hurricane knocks a tree over onto your home and car, you’ll only be on the hook for one deductible.

How do Progressive home insurance rates compare to the Dallas average?

The average cost of Progressive home insurance in Dallas is $5,077 per year, which is around 55% more expensive than the average annual premium in Dallas of $3,284.

How to get a quote

Online through Policygenius or ASI Progressive

Texas Farm Bureau

Farm Bureau Financial Services logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starHalf orange starEmpty gray star

3.9

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Why we chose itchevron icon

Texas Farm Bureau offers exceptional customer service and the option to bundle a slew of insurance policies on top of just home insurance to save money on rates.

Pros and conschevron icon

Pros

  • Excellent customer service score — received 99% fewer complaints expected for a company of its size in 2021

  • Excellent financial strength rating from A.M. Best, proving it likely has the funds to pay out claims in the wake of a natural disaster

  • Only pay one deductible if your home, car, and boat are damaged in the same event and you bundle your insurance policies with Farm Bureau

Cons

  • Rates are $1,400 more expensive than the national average

  • Need to have a Farm Bureau membership to purchase insurance

More detailschevron icon

Why we chose Texas Farm Bureau

Texas Farm Bureau offers a complete line of insurance products — from auto, home, life, commercial, and ranch, allowing you to have all of your policies with one company. Farm Bureau is a great option for Texas residents looking for personalized customer care and recommendations from a local company that knows the area best.  

How do Texas Farm Bureau home insurance rates compare to the Dallas average?

The average cost of Texas Farm Bureau home insurance in Dallas is $742 per year, which is about 77% cheaper than the average annual premium in Dallas of $3,284.

How to get a quote

By contacting a local Texas Farm Bureau agent

Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Compare home insurance rates in Dallas

We don't sell your information to third parties.

How much is homeowners insurance in Dallas?

The average cost of home insurance in Dallas is $3,284 per year, or $274 a month, for a policy with $300,000 in dwelling coverage. This is around 13% higher than the average annual cost of $3,027 for homeowners insurance in Texas, and about 87% higher than the national average. 

Dallas home insurance rates by ZIP code

Home insurance rates can vary substantially depending on which ZIP code your home is located in, as homes in certain Dallas neighborhoods may be more prone to extreme weather damage or property crime than others.

To help you find out how much home insurance costs where you live, we calculated the average home insurance premium for Dallas' 10 most highly populated ZIP codes.

ZIP code

Average annual cost

Difference from state average (%)

75217

$3,101

6%

75211

$3,172

9%

75228

$3,445

18%

75243

$3,260

12%

75227

$3,160

8%

75216

$3,452

18%

75287

$3,230

11%

75220

$3,317

14%

75231

$3,461

19%

75206

$3,340

14%

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Cheapest ZIP codes for home insurance in Dallas

With an average home insurance rate of $2,874 per year, the 75223 ZIP code (East Dallas) is the most affordable area for home insurance in Dallas.

ZIP code

Average annual cost

Difference from state average (%)

75223

$2,874

-2%

75226

$2,914

0%

75246

$2,919

0%

75247

$3,011

3%

75235

$3,021

3%

75238

$3,056

5%

75212

$3,098

6%

75217

$3,101

6%

75230

$3,127

7%

75201

$3,133

7%

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Most expensive areas for homeowners insurance in Dallas

With an average annual premium of $3,668, the 75275 ZIP code (Highland Park) is the most expensive ZIP code in Dallas for home insurance. If you live one of these 10 ZIP codes, your rates might be among the highest in Dallas.

ZIP code

Average annual cost

Difference from state average (%)

75275

$3,668

26%

75249

$3,620

24%

75244

$3,577

23%

75398

$3,554

22%

75342

$3,503

20%

75231

$3,461

19%

75216

$3,452

18%

75228

$3,445

18%

75260

$3,440

18%

75270

$3,424

17%

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Learn more >> Home insurance rates by ZIP code

Dallas home insurance costs by coverage amount

Along with your home's location, your homeowners insurance premiums are primarily based on how much dwelling coverage is in your policy. This is the centerpiece of your home insurance coverage, covering the cost to repair or rebuild your home after a covered disaster.

As shown in the table below, the average annual home insurance premium for a Dallas home with $500,000 in dwelling coverage is $5,198 — around $2,000 higher than the citywide average. With construction materials and labor costs at an all-time high, you’ll want to ensure you’ve purchased enough coverage to protect your home after a covered loss.

Dwelling coverage limit

Average annual cost

$100,000

$1,506

$200,000

$2,363

$300,000

$3,284

$400,000

$4,264

$500,000

$5,198

Dallas home insurance costs by deductible amount

Your home insurance deductible is the amount you’re responsible for paying on each claim before insurance kicks in to help cover the cost of repairing or replacing your property. A higher deductible means lower insurance premiums, but it also means you're responsible for paying more out of pocket when you file a claim.

As shown in the table below, Dallas residents can save around $800 per year on home insurance by choosing a $2,000 deductible instead of the $1,000 option.

Deductible

Average annual cost

$1,000

$3,525

$2,000

$2,724

Cheapest homeowners insurance companies in Dallas

Based on our analysis, Farmers, Texas Farm Bureau, State Auto, Lighthouse Property Insurance, and Chubb are the five cheapest home insurance companies in Dallas, with average citywide premiums ranging from $556 to $1,837 per year.

Mercury, State Farm, and USAA are also among the most affordable home insurance options for Dallas residents in 2023, as detailed in the table below.

Company

Average annual cost

Farmers

$556

Texas Farm Bureau

$742

State Auto

$944

Lighthouse Property Insurance

$1,747

Chubb

$1,837

Mercury

$2,737

State Farm

$2,799

USAA

$2,955

IAT Insurance Group

$3,591

Texas FAIR Plan

$4,513

AmGUARD Insurance

$5,063

Progressive

$5,077

UPC Insurance

$5,992

Amica

$6,498

Nationwide

$6,664

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Cheapest home insurance in Dallas if you have poor credit

bad credit score does more than just cost you a few dollars in late payment fees — it can also make your auto and home insurance rates thousands of dollars higher.

With an average annual premium of $1,088, Texas Farm Bureau has the cheapest home insurance rates in Dallas for a homeowner with poor credit, while UPC's average of $9,558 per year is the most expensive. 

Company

Average annual cost

Farm Bureau Insurance

$1,088

Farmers

$1,192

Lighthouse Property Insurance

$1,747

State Auto

$3,456

USAA

$3,715

Texas FAIR Plain Association

$4,513

Mercury

$4,625

State Farm

$4,807

Chubb

$5,009

AmGUARD Insurance

$7,262

Nationwide

$8,144

IAT Insurance Group

$9,295

Amica

$9,336

UPC Insurance

$9,558

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Cheapest home insurance in Dallas if you have an older home

Insurance carriers consider older homes to have a higher risk of damage or loss compared to newer homes since they're constructed with older and more difficult to replace materials. Additionally, certain structural components in older homes, like the roof or plumbing systems, may not be up to code.

Looking at average quotes for a 50-year-old home, Farmers is the cheapest home insurance option for Dallas homeowners, while Amica insurance is the most expensive.

Company

Average annual cost

Farmers

$545

Farm Bureau Insurance

$742

State Auto

$988

Chubb

$1,643

Lighthouse Property Insurance

$1,801

Mercury

$2,685

State Farm

$2,799

USAA

$2,992

IAT Insurance Group

$3,591

Texas FAIR Plain Association

$4,513

AmGUARD Insurance

$5,306

Nationwide

$5,772

UPC Insurance

$6,322

Amica

$7,920

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Cheapest homeowners insurance in Dallas if you have a history of claims

Claims history is one of the biggest factors that insurance companies use when calculating your home insurance premiums. If you have multiple claims on your record, your insurer will likely view you as a risk for filing future claims and may charge you higher rates as a result.

Here's the cheapest home insurance companies in Dallas for a homeowner with three claims within a five-year period on their record. According to our findings, homeowners with multiple claims will likely find Texas Farm Bureau to be their cheapest option, while Amica insurance appears to be the most expensive.

Company

Average annual cost

Farm Bureau Insurance

$826

Farmers

$868

Chubb

$2,032

State Auto

$2,149

Lighthouse Property Insurance

$2,658

State Farm

$2,799

USAA

$3,260

Mercury

$5,188

IAT Insurance Group

$6,138

AmGUARD Insurance

$6,327

Texas FAIR Plain Association

$7,334

Nationwide

$9,655

UPC Insurance

$12,610

Amica

$13,046

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How to get homeowners insurance quotes in Dallas

Now that you're familiar with the best insurance options available in Dallas, it's time to start shopping for homeowners insurance. Here are some things you should keep in mind as you compare home insurance quotes in Dallas.

5 steps to shopping for homeowners insurance in Dallas, TX

  1. Shop with an independent insurance marketplace like Policygenius. Our team of licensed insurance agents can help you get quotes from top companies, at no cost or obligation to you. We can help you determine how much of each coverage you need to ensure your home is fully insured in the event disaster strikes.

  2. Consider additional insurance coverage for windstorm and flood damage. Given the recent weather events and tornadoes in Texas, you might want to consider additional dwelling coverage, such as extended or guaranteed replacement cost coverage. You'll also want to consider additional flood insurance considering the risk of flooding in Dallas.

  3. Compare quotes. Once you’ve identified your coverage needs, a Policygenius agent will send over quotes from top companies so you can review your options.

  4. Figure out how high of a deductible you can afford. A higher deductible means you’ll pay a lower home insurance premium, but it also means you'll have pay more out of pocket on each claim.

  5. Choose your policy, sign it, and pay your first premium. Once you choose a policy, all you need to do is sign on the dotted line and pay your first premium. We’ll cancel your old policy on your behalf if it hasn't expired yet.

Compare home insurance rates in Dallas

We don't sell your information to third parties.

Frequently asked questions

What is the average home insurance cost in Dallas?

The average home insurance rate in Dallas is $297 a month. That’s about $40 more per month than the statewide average.

Why is home insurance so expensive in Dallas?

Home insurance is so expensive in Dallas for a number of reasons, including: high construction costs, inflation, and the city’s unique weather-related risks that include tropical storms, tornados, and even Arctic temperatures.

Do I need additional home insurance if I put in a swimming pool?

If you’re lucky enough to have a swimming pool in your backyard, you should purchase additional liability coverage to protect you against potentially expensive pool-related injuries, like a guest slipping and falling. For the section of your policy that covers property damage, providers may classify an above-ground pool as personal property and an inground pool as part of your “other structures,” which could affect how much you’re reimbursed on a pool damage claim.

Is it mandatory to have homeowners insurance in Texas?

It isn’t mandatory to have homeowners insurance in Texas unless you have a mortgage on your property. Mortgage lenders require insurance for the full 100% replacement value of your home to protect their investment in the event of a disaster.

Author

Pat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

Editor

Jennifer Gimbel is a senior managing editor and home insurance expert at Policygenius, where she oversees our homeowners insurance coverage. Previously, she was the managing editor at Finder.com and a content strategist at Babble.com.

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