Best condo insurance companies in Texas
There are many companies offering condo insurance coverage in Texas. State Farm is the best condo insurance company in Texas based on our analysis. Our insurance experts reviewed prices and ratings from trusted sources like the National Association of Insurance Commissioners (NAIC) and AM Best.
Based on our research, here are the best condo insurance companies in Texas.
| Company | Annual premium | AM Best rating | NAIC | Insurance.com rating |
|---|---|---|---|---|
| Farmers | $804 | A | 0.54 | |
| State Farm | $834 | A++ | 0.95 | |
| Allstate | $928 | A+ | 0.9 | |
| Nationwide | $1,241 | A+ | 0.87 | |
| Progressive | $1,015 | A+ | 8.45 |
Average cost of condo insurance in Texas
The average cost of condo insurance in Texas is $1,007 per year or $84 per month for $60,000 in personal property coverage, $300,000 in liability coverage and a $1,000 deductible. Your actual annual premium may be higher or lower depending on where you live, the coverage limits you choose, your deductible and other factors.
To find the cheapest company for you, compare quotes from multiple insurance providers and choose the coverage that fits your needs.
| Average annual premium | $1,007 |
| Average monthly premium | $84 |
Condo insurance rates in Texas by coverage level
Farmers offers the lowest condo insurance rates in Texas for coverage limits of $60,000 for personal property and $300,000 for liability with a $1,000 deductible.
The second most affordable option is State Farm at $834 per year. However, prices will vary depending on the coverage level you choose.
The table below shows condo insurance rates from top companies at different coverage levels.
| Company | $40,000 contents/$100,000 liability | $40,000 contents/$300,000 liability | $60,000 contents/$100,000 liability | $60,000 contents/$300,000 liability | $80,000 contents/$100,000 liability | $80,000 contents/$300,000 liability | $100,000 contents/$100,000 liability | $100,000 contents/$300,000 liability |
|---|---|---|---|---|---|---|---|---|
| Allstate | $715 | $739 | $904 | $928 | $1,070 | $1,094 | $1,217 | $1,241 |
| Farmers | $538 | $555 | $787 | $804 | $1,049 | $1,066 | $1,311 | $1,328 |
| Nationwide | $1,108 | $1,139 | $1,210 | $1,241 | $1,323 | $1,354 | $1,437 | $1,468 |
| Progressive | $851 | $861 | $1,005 | $1,015 | $1,113 | $1,123 | $1,219 | $1,229 |
| State Farm | $707 | $714 | $827 | $834 | $926 | $933 | $1,009 | $1,016 |
| USAA | $974 | $974 | $1,079 | $1,079 | $1,173 | $1,173 | $1,257 | $1,257 |
Condo insurance rates by company in Texas
The cheapest option is Farmers, followed by State Farm and Allstate as the second and third most affordable choices. However, condo insurance rates in Texas vary by company, so it's a good idea to shop around and compare quotes.
The table below shows condo insurance rates from major companies in Texas.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Farmers | $804 | $67 |
| State Farm | $834 | $69 |
| Allstate | $928 | $77 |
| Progressive | $1,015 | $85 |
| Nationwide | $1,241 | $103 |
| USAA | $1,079 | $90 |
Compare condo insurance rates by city in Texas
Condo insurance rates vary by city. Factors like weather, crime rates and property values all play a role in pricing. To find the cheapest and best condo insurance in your city in Texas, consider these factors and compare quotes from different insurance companies.
City Annual insurance premium
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2023 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2024.
Compare Texas condo insurance rates with other states
Helpful home insurance tools and calculators
You might also be interested in- Texas car insurance laws and requirements: What is changing in 2025
- Texas DWI and insurance: How much does a DWI raise your insurance?
- Speeding ticket calculator in Texas
- SR-22 insurance in Texas
- Non-owner car insurance in Texas: Best and cheapest companies
- Texas gap insurance: Everything you need to know
- Low-income car insurance in Texas: What you need to know
- Texas car insurance: A complete guide
- Cheapest car insurance for high-risk drivers in Texas
- Cheapest home and auto insurance bundle in Texas