Homeowners insurance on a $400,000 home in Texas

How much is homeowners insurance on a $400,000 house in Texas?

Homeowners insurance with $400,000 in dwelling coverage in Texas costs an average of $4,744 a year. This rate covers the estimated cost to rebuild the insured home, not its market value. Your premium may differ based on your ZIP code, deductible, insurer, and property characteristics.

Coverage	Average annual premium	Average monthly premium
$400,000 with a $1,000 deductible and $100,000 liability	$4,736	$395
$400,000 with a $1,000 deductible and $300,000 liability	$4,744	$395

Homeowners insurance on a $400,000 house in Texas by company

The cheapest company for insurance on a $400,000 house in Texas is State Farm at an average rate of $4,482. Farmers is second at $4,871.

Compare home insurance based on a policy with $400,000 in dwelling coverage, $300,000 in liability coverage and a $1,000 deductible.

Company	Average annual premium	Average monthly premium
State Farm	$4,482	$373
Farmers	$4,871	$406
Progressive	$4,959	$413
Nationwide	$6,730	$561
USAA	$3,998	$333

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Use our home insurance calculator to get rates more tailored to your home and ZIP code.

Home insurance calculator by ZIP code

Average home insurance rates on 400K house in Texas

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive
Least expensive

ZIP code	City	Highest rate
77550	Galveston	$10,164
77586	El Lago	$9,906
77551	Galveston	$9,536
77554	Galveston	$9,358

ZIP code	City	Lowest rate
78559	Iglesia Antigua	$1,956
78593	Santa Rosa	$1,999
79915	El Paso	$2,008
79905	El Paso	$2,009

Read our methodology

Texas homeowners insurance rates for a $400,000 home by liability level

Increasing liability coverage from $100,000 to $300,000 changes the premium by $8 in Texas. Liability coverage helps protect against injury or property damage claims, while dwelling coverage typically has the greatest impact on overall cost.

Company	$400,000 with a $1,000 deductible and $100,000 liability	$400,000 with a $1,000 deductible and $300,000 liability	Hurricane deductible
State Farm	$4,475	$4,482	2%
Farmers	$4,857	$4,871	2%
Progressive	$4,949	$4,959	2%
Nationwide	$6,713	$6,730	2%
USAA	$3,998	$3,998	2%

Homeowners insurance on a $400,000 house in Texas by credit rating

In Texas, your credit history can be used to determine what you pay for home insurance. The average cost of a $400,000 insurance policy with excellent credit is $4,203, while the average cost for a homeowner with poor credit for the same policy is $8,975.

Compare rates for $400,000 in dwelling coverage, $300,000 in liability and a $1,000 deductible by credit tier below.

Credit tier alignment level	$400,000 with a $1,000 deductible $100,000 liability	$400,000 with a $1,000 deductible $300,000 liability
Excellent	$4,196	$4,203
Fair	$5,704	$5,714
Good	$4,907	$4,916
Poor	$8,962	$8,975

Texas homeowners insurance on a $400,000 house by deductible

Selecting a higher deductible can help lower your homeowners insurance premium in Texas. For example, increasing your deductible from $1,000 to $2,500 can reduce your annual cost by $671. However, this also means paying more out of pocket if you file a claim.

Take a look at how deductibles affect home insurance rates in Texas below.

Deductible	Average annual premium	Average monthly premium
$500	$5,095	$425
$1,000	$5,022	$418
$2,000	$4,436	$370
$2,500	$4,351	$363
$3,000	$4,488	$374
$4,000	$3,933	$328
$5,000	$3,861	$322

Texas home insurance on a $400,000 house by city

The cheapest city in Texas for $400,000 in dwelling coverage is El Paso at $2,541 a year. Whereas the most expensive city in Texas to insure a $400,000 house is Houston at $7,321 a year.

Where you live in Texas impacts your home insurance premium due to risk factors like weather, crime and more. Compare average annual home insurance rates in major Texas cities below.

City	Annual premium	Monthly premium
El Paso	$2,541	$212
Austin	$3,203	$267
San Antonio	$3,329	$277
Corpus Christi	$5,986	$499
Lubbock	$4,752	$396
Dallas	$5,049	$421
Plano	$4,992	$416
Fort Worth	$5,164	$430
Arlington	$5,190	$433
Houston	$7,321	$610

Factors that impact homeowners insurance on a $400,000 house

Homeowners insurance costs for a $400,000 home are influenced by several factors tied to risk and rebuilding expenses. Insurers evaluate your location, coverage choices and claims history to determine pricing. Even homes with the same coverage amount can have different premiums based on these variables.

A number of factors affect the cost of homeowners insurance in Texas. They include:

ZIP code
Square footage
Construction type
Risks on the property
Past claims

How to determine how much coverage you need for a $400,000 house

Your coverage should match the estimated cost to rebuild your home, not its market value. Replacement cost estimates consider materials, labor, square footage, and local construction costs. It's important to review this estimate regularly, especially after renovations or changes in building costs.

To ensure you get the right amount of coverage, it's important to do a thorough and accurate replacement cost calculation. You can estimate the amount to get ballpark insurance rates, but when it comes to buying a policy, it needs to be accurate to properly protect your home.

Home insurance FAQs

How do you estimate the cost of homeowners insurance for a $400,000 house?

To estimate homeowners insurance cost, start by determining your home's replacement cost, which reflects how much it would take to rebuild it using current materials and labor. Then factor in your ZIP code, deductible, coverage limits, and risk factors. Using a calculator or comparing quotes from multiple insurers will give you a more accurate estimate.

Is replacement cost coverage necessary for a $400,000 home?

Yes, replacement cost coverage is essential because it ensures your home can be rebuilt at current construction prices after a covered loss. Without it, you may receive less than what is needed to fully restore your property. Most lenders also require sufficient coverage to protect their financial interest in the home.

Does location affect rates?

Yes. Your location plays a major role in determining insurance rates. Factors such as weather risks, wildfire exposure, crime rates, fire protection and construction costs can cause premiums to vary significantly between areas.

Can I lower my premium?

Yes. You can reduce your premium by raising your deductible, bundling policies and taking advantage of discounts. Adding safety features, strengthening your home and limiting claims may also help. Comparing quotes regularly can uncover better rates.