How Much Does Austin, TX Homeowners Insurance Cost?
Home owners in Austin, TX pay an average of $1,460 annually on their home insurance. Freedom Insurance clients in Austin pay an average of $734 yearly for their home insurance in Austin. This signifies they are saving about $726 yearly compared to the city standard! If you bundle auto insurance with your home insurance quotes, the savings can reach into the thousands.
POPULARHOMEOWNER COVERAGE LIMITS IN AUSTIN TEXAS
| Coverage Level | Average Annual Rate |
| $200,000 Home Value | $634 |
| $250,000 Home Value | $712 |
| $400,000 Home Value | $994 |
| $500,000 Home Value | $1,198 |
| $600,000 Home Value | $1,313 |
| $750,000 Home Value | $1,745 |
*Information retrieved from the Texas Department of Insurance from Help Insure and averaged with internal data.
Austin, TX Auto and Homeowners Insurance Bundling Discounts Average rates
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
| Austin Texas | $129 | $218 | $318 |
Most companies consider these things when deciding on your premium:
- Your home’s age and condition. Companies can’t turn you down just because of your home’s age or value, but they can charge you more.
- Your home’s replacement cost. Houses with higher replacement costs have higher premiums.
- Construction materials. Premiums are higher for houses built completely of wood. They’re lower for houses built of brick or stone.
- Where you live. Premiums are higher in areas that have more storms or crime.
- Availability of local fire protection. Premiums are lower for houses that are close to fire stations.
- Your claims history. Your premiums might be higher if you’ve had claims in the past.
- Your insurance score. Some companies use your credit score to decide what to charge you. Your premiums will be lower if you have good credit.
Home Insurance Discounts Available in Austin, TX
| Home Discount Name | Home Discount Description | Discount Amount | |
| New Home | New Construction Recently Purchased | up to 40% | |
| Age of home | 5 Years Old | up to 26% | |
| Bundle | Home And Auto | up to 25% | |
| Upgrades | Electrical, plumbing, heating, roof full updates | up to 20% | |
| Age of home | 10 Years Old | up to 13% | |
| Construction type | Fire Resistive | up to 11% | |
| Advance Purchase | 7 Days Advance Purchase | up to 8% | |
| Loyalty | 10+ Years Renewal | up to 8% | |
| Construction type | Masonry | up to 7% | |
| Paid in Full | Paid in Full | up to 7% | |
| Loyalty | 5 Years Renewal | up to 6% | |
| Fire Sprinklers | Sprinklers | up to 9% | |
| Claims Free | 5 Year Claims Free | up to 5% | |
| Claims Free | 10+ Year Claims Free | up to 5% | |
| Hail Resitant Roof | Hail Resistant Roof (class 1,2,3,4) | up to 12% | |
| Loyalty | 3 Years Renewal | up to 5% | |
| Fire Alarm | Central Station | up to 2% | |
| Gated Community | With Patrol | up to 2% | |
| Burglar Alarm | Police Department | up to 4% | |
| Burglar Alarm | Central Station | up to 4% | |
| Age of home | 15 Years Old | up to 4% | |
| Water Safety System | Water Leak Detection – Shut Off And Alarm | up to 4% | |
| Water Safety System | Water Leak Detection – Shut Off | up to 3% | |
| Gated Community | Without Patrol | up to 2% | |
| Water Safety System | Water Leak Detection – Alarm | up to 3% | |
| Automatic payments | Electronic Fund Transfer | up to 3% | |
| Burglar Alarm | Local | up to 1% | |
| Fire Alarm | Local | up to 1% | |
| Age of home | 20 Years Old | up to 2% | |
| Smoke Detector | Smoke Detector | up to 1% | |
| Fire Extinguisher | Fire Extinguisher | up to 1% | |
| Storm Shutter | Storm Shutters | up to 1% | |
| Deadbolt | Deadbolt | up to 1% |
What does the standard Home Insurance Policy in Austin, TX Include?
Homeowners insurance offers coverages with the goal of protecting your home, personal belongings, and your liability in case your home becomes damaged to a peril/loss including a visitor’s medical fee, fire, robbery /vandalism, etc. Policies vary, but take a look at some of the most usual coverage choices below:
Dwelling Coverage (A)
- This protects your home’s physical structure, for instance, your home’s foundation, roof, and walls. It can even protect structures that are linked to your home such as a deck, detached garage, or patio. Dwelling coverage is an important coverage for homeowner’s insurance.
Other Structures Coverage (B)
- Whereas the principal structure of your home is covered by dwelling coverage, structures that are not linked to your home will require other structures coverage to stay protected. This encloses decks, detached garages, sheds/shops, etc.
Personal Property Coverage (C)
- Protects against damaged personal possessions that happen from particular perils including fires, theft, or vandalism. Each policy differs and what is or isn’t covered will depend on your insurance company. For more costly objects such as art or jewelry, you may need extended coverage options.
Loss of Use/Additional Living Expenses Coverage (D)
- Should a covered peril generate a circ*mstance in which your home is unlivable, this coverage aids you pay for where you temporarily live while waiting for your home to be rebuilt to a habitable state.
Personal Liability Coverage (E)
- This coverage is to protect homeowners against possible medical expenses that can accumulate should a visiting party become injured on your property and you are found responsible. Personal liability coverage can also cover possible legal fees related with the injury.
Medical Expenses Coverage (F)
- Within your homeowner’s insurance policy, it helps to cover the essential medical bills of a guest in your home should they become hurt while visiting your property. Medical expenses coverage can even help balance costs if you are not responsible.
Supplementing Your Homeowners Insurance Policy in Austin TX
There are several perils your home may face that aren’t covered by your standard home insurance policy. Through endorsem*nts, additional coverage options, and changing your homeowners insurance policy, you can gain even more protection. Take a closer look at some of the options you have when searching for additional protection and speak with an agent to find the best options for your needs:
Flood Insurance
- Floods continue to devastate cities across Texas and the United States and you may be surprised to learn that flood damage is not covered by your homeowners insurance. As many as 1 in 4 flood claims come from homeowners who live outside of high-risk areas. Adding flood insurance helps protect against a common threat to your home by helping you restore flood-related losses.
Umbrella Insurance
- Liability protection is important for every homeowner but for those with more to lose, it is a critical component. In the event of a lawsuit, your assets could become vulnerable without the right protections in place. Avoid losing what you’ve worked hard for by purchasing umbrella insurance that can cover your valuables after you’ve reached your policy limits.
Scheduled Personal Property Coverage
- Your homeowners insurance policy will protect your personal belongings, but there are policy limits. If you are looking to protect valuables like jewelry and fine art with values that exceed your coverage, this endorsem*nt can help protect your high value or unique items
Extended Replacement Cost
- Although not all losses are completely devastating, some are and can exceed the amount of coverage you have for your home. For example, one of the rarest perils a homeowner may face is also the most expensive, a house fire. If you suffer a total loss and require replacing your possessions and rebuilding your home, extended replacement cost coverage can help you cover losses outside of your homeowners insurance’s coverage.
The Secrets to Saving on Home Insurance in Austin Texas
If you’re a homeowner, chances are you’re going to want to save money on your home insurance policy. A home is your shelter and your investment. Putting a significant amount of money into your home is a great financial move, but you’ll also need to protect your interest. Home insurance policies differ from homeowner to homeowner. This is due to several reasons including your coverage needs, personal factors which affect your premium, and characteristics of your home, just to name a few. But saving on a home insurance policy is the shared dream of all homeowners. Your dream can be a reality through these easy to follow tips:
- Compare your rates among a variety of insurance brands. Each insurance brand will assess your risk differently which leads to differing insurance premiums. By shopping around you can find the right company for your needs.
- Bundling: your home insurance policy with your auto insurance
- Increase your deductible for a lower home insurance premium.
- Install improvements to your home that increase its ability to sustain natural disasters, prevent crime, or keep your household safe. (Examples: Hurricane grade storm shutters, security systems, a fire alarm system with sprinklers, etc.)
- Loyalty discounts: Customers who stay with the same insurance company for a long time are rewarded with discounts.
- Near a fire hydrant/fire station: The closer you are to a fire hydrant and also the fire station, the faster fires can be put out, earning you a discount.
- New home: New homes typically are built with stronger safety innovations, making claims less costly.
- High-quality roof: Hail and wind damage are among the top reasons homeowners file a claim. A sturdy roof can lower your premiums. (Of course, it lowers your heating bill and looks nice, too. Sweet!)
- Tidy yard: When insurance reps visit your property, they like to see it looking spiffy. Neatly trimmed grass, shrubs, and trees lower fire risk and show the insurance company that you care about your property. Discount!
- Avoid recreational hazards: A home without a pool or trampoline is at much less of a risk of a claim, earning you a discount on your coverage.
There are plenty of ways to save money on your policy and seeing as every homeowner needs this protection, it only makes sense to receive it at the lowest rate. Texas has some of the highest home insurance rates in the country making it imperative for homeowners to take the necessary steps to save money. Shop around, bundle when you can, and do your part in protecting your home for the best results.
Freedom Insuresauto & home insurance in the following Austin Texas zip codes
73301 78711 78722 78733 78746 78758 78772
73344 78712 78723 78734 78747 78759 78773
78681 78713 78724 78735 78748 78760 78774
78701 78714 78725 78736 78749 78761 78778
78702 78715 78726 78737 78750 78762 78779
78703 78716 78727 78738 78751 78763 78783
78704 78717 78728 78739 78752 78764 78799
78705 78718 78729 78741 78753 78765
78708 78719 78730 78742 78754 78766
78709 78720 78731 78744 78755 78767
78710 78721 78732 78745 78756 78768
Freedom Insurance Group is Austin’s Finest Home Insurance Provider
Austin is the capital city of Texas, and the seat and main city of Travis County. Austin is one of the fastes developing cities in the entire US. The population as of 2021 is 978,910. The history of Austin goes back to thousands of years ago. The city was named after Stephe F. Austin an entrepreneur and was integrated in December 1839. Presently known as the “Live Music Capital of the World” Austin dwellers have uncomplicated access to abundantent entertainment, such as visiting Lady Bird Lake, mountaneering at the Greenbelt or getting aquantited with numerous resturants and bars in city center Austin. Freedom Insurance Group is honored in being the main insruance provider in Austin! Our number one priority is listening to our customers needs and finding the best Home Insurance policy with superb coverages!
When Austin residents are looking for quality Homeowners and Auto Insurance coverages and rates, they shop with us at Freedom Insurance Group. We shop 30 different top-rated carries and find the best option for you. We also answer all you question in English and Spanish. A Texan owned and independent agency, Freedom Insurance Group accomplishes business for residents in Austin, TX, daily through our great bilingual customer service and wide business knowledge.
Major Neighborhoods in Austin, TX
| Bryker Woods | North Burnet | Bouldin Creek |
| Clarksville Historic District | North Campus | Dawson |
| Caswell Heights | North Lamar | Galindo |
| Downtown Austin | North Loop | South Congress |
| Eastwoods | North Shoal Creek | South Lamar |
| Hanco*ck | Saint John | South River City |
| Heritage | Wooten | Spyglass-Barton’s Bluffs |
| Hyde Park Historic District | Windsor Hills | Travis Heights |
| Judge’s Hill | Windsor Park | Zilker |
| Lower Waller Creek | Canyon Creek | East Riverside-Oltorf |
| North University | Great Hills/Arboretum | Montopolis |
| Oakmont Heights | Northwest Hills | Pleasant Valley |
| Old Enfield | Copperfield | Dove Springs |
| Old Pecan Street | Steiner Ranch | Onion Creek |
| Old West Austin | Wells Branch | South Manchaca |
| Original Austin | Central East Austin | Southeast Austin |
| Original West University | East Cesar Chavez | Southpark Meadows |
| Pemberton Heights | East Congress | Cherry Creek |
| Rosedale | East End | Circle C Ranch |
| Ridgelea | French Place | Oak Hill |
| Ridgetop | Govalle | Far South Austin |
| Shoal Crest | Gracy Woods | Kincheonville |
| Shadow Lawn Historic District | Holly | The Ridge at Lantana |
| West Downtown | Mueller | Maple Run |
| Allandale | Far West | Sendera |
| Balcones Woods | Tarrytown | Shady Hollow |
| Barrington Oaks | West Congress | Sunset Valley (incorporated city) |
| Battle Bend Springs | West End | Tanglewood Forest |
| Brentwood | West Line Historic District | Travis Country |
| Crestview | Barton Creek | Westgate |
| Estates of Brentwood | Barton Hills | Woodstone Village |
| Hanco*ck | Highland | Slaughter-Manchaca |
Freedom Insurance Group is Proud to Serve Austin, Texas
Knowing you’re protected with the right coverages can bring you peace of mind. Finding the right coverages for the lowest price will deliver the protection you deserve while keeping money in your pocket. Freedom Insurance Group understands and helps find homeowners throughout Austin, Texas, the right coverage options for their needs at the lowest cost possible.
We get to know our clients to better understand their needs. Each homeowner’s needs are different and by creating a custom approach to your insurance needs we can prevent gaps in your coverage while saving you the most amount of money.
Our agents work for you by comparing your coverage needs among more than 25 top-rated insurance companies with strong financial ratings and a range of coverage options. By comparing your coverage among multiple brands, we can build a custom coverage option for you and your home that doesn’t break the bank. Contact us today or get a free home insurance quote with only a few clicks of a button.
Freedom Insurance specializes in the following Texas Insurance Services:
- Auto Insurance Quotes
- Home Insurance Quotes
- Boat Insurance Quotes
- Business Insurance Quotes
- Motorcycle Insurance Quotes
- Landlord Insurance Quotes
- Umbrella Insurance Quotes
- RV Insurance Quotes
