Plano Homeowners Insurance

The Zebra
Aug. 26, 2019

Find cheap homeowners insurance in Plano


A critical consideration for every homeowner should be home insurance. Along with your personal property, homeowners insurance covers your dwelling against many different perils, including fire, wind damage, vandalism, and theft. Events like this occur regularly. When paired with the high cost of repairing or rebuilding a home, investing in a far-reaching homeowners policy can seem like a smart idea.

What you pay for homeowners insurance depends on myriad factors, including the value of the dwelling, the value of your personal items, and the materials used to construct the home. Location also plays a role in determining the price of your homeowners insurance policy. In areas prone to perils like hail, frozen pipes, volcanoes, or fire, home insurance policies may be more expensive to account for the extra risk. Learn more information about what a home insurance policy covers.

If you want to find cheap home insurance coverage in Plano, start with looking around and comparing policies. Check out the below summary of average homeowners insurance rates in Plano to begin your homeowners insurance search with as much info as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Plano, Texas, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Homeowners insurance in Plano by insurance company

What you pay for homeowners insurance in Plano will depend on the insurance company you get your policy through. Texas Farmers offers the most affordable home insurance in Plano, at just $302 per year. This compares favorably to the city’s average homeowners premium of $3,217.

Have a look at the cheapest insurance companies in Plano, Texas to find the best home policy for you.


AFFORDABLE HOMEOWNERS INSURANCE COMPANIES IN PLANO
CompanyAverage Annual Rate
Texas Farmers$302
Safeco$2,683
Travelers$2,726
State Farm$3,037
ASI Lloyds$3,250

Average home insurance costs in Plano by coverage level

The amount of homeowners coverage you select has an impact on your insurance premiums. In Plano, carrying $200K dwelling coverage costs an average of $2,352, while carrying additional coverage up to $400K costs $4,145/year.


HOMEOWNERS INSURANCE RATES IN PLANO — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$2,352
$400K Dwelling$4,145

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Plano home insurance prices by ZIP code

Home insurance premiums can vary depending on what area of Plano in which you live. One of the factors that insurers use when pricing your insurance policy is the number of claims filed in your surrounding area. As such, the neighborhood you live in can dramatically affect your home insurance rates.

If you're looking for the cheapest home insurance premiums in Plano, take at look at the 75025 ZIP code. In the 75025 area, homeowners policies typically cost just $3,164 a year — a full $53 less than the Plano average. If you’re looking for the areas with the least costly homeowners premiums in Plano, have a look at the table below.


AFFORDABLE ZIP CODES FOR HOMEOWNERS INSURANCE IN PLANO
ZIP CodeAverage Annual Home Insurance Rate
75025$3,164
75024$3,177
75074$3,218

Other parts of Plano, however, are prone to homeowners insurance rates that are higher on average. These areas might face a higher probability of perils such as fires or severe weather events. Similarly, they may also have a higher rate of crimes such as burglary or vandalism. With an annual average premium of $3,268, 75075 comes in as the costliest ZIP code in Plano for homeowners insurance.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN PLANO
ZIP CodeAverage Annual Home Insurance Rate
75075$3,268
75023$3,249
75093$3,238



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Money-saving tip: bundle home and auto insurance in Plano

If saving money is your primary concern, you might purchase insurance for your home and auto through the same insurance company. Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. In fact, bundling policies in Plano leads to average annual savings of 7%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN PLANO
CompanyAvg. Annual Auto Insurance Rate (Bundle)
State Farm$1,114
USAA$1,157
Progressive$1,588
Allstate$1,861
GEICO$2,319

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money. Call 855-493-9728 to speak with an insurance professional today.


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