Home Protection

How to find affordable homeowners insurance in Fort Worth

Homeowners insurance should be a huge consideration when looking at a purchasing a home. Homeowners insurnace covers your furnishings and belongins but it also covers your dwelling in the event theft, fire, wind damage, and vandalism, storm damage and many other catostrophic events. With how often these types of events are happening now and the high cost of rebuilding or repairing a home, purchasing home insurance is a wise investment.  A typical homeowners policy costs $300 per month in Fort Worth, Texas. 

The cost of homeowners insurance coverage can vary significantly depending on the cost of building materials, the value of your personal belongings, and the overall value of the primary home. The location of your house can also contribute to the price of your homeowners insurance policy. Certain areas near and around Fort Worth have a history of hail, windstorms and now ice. These can make your home insurance rate higher due to the additional risk associated with the area.

What is covered under a Homeowners Policy?

When choosing homeowner insurance, you should consider your needs and the requirements of your contract. A policy will cover your basic living expenses if you are injured or your property is destroyed, but it must be sufficient to pay for your property’s replacement cost if you are at fault for a covered disaster. If you live in a flood zone, for example, you should purchase additional coverage to cover flood damage and earthquakes. You can also add on optional coverage for sewer backup and identity theft.

The replacement cost of your home is the amount of money required by the insurance policy to replace it. The insurance policy should cover the costs of repair or replacement in the event of a covered loss. Most insurers require homeowners to insure their homes at least 80% of the replacement cost. Others, however, require homeowners to purchase 100% of the replacement cost of the home. The amount of coverage you purchase will be the maximum amount that will be paid by the insurer.

If you want to find cheap home insurance coverage in Fort Worth, you no longer have to hunt around for the best rates. Here at Charla Brotherton Insurance Agency, we can get you the best rate with the most coverage. Take a look at the summary below comparing average Fort Worth homeowners insurance costs to ensure to see all the different rates offered by the larger insurance providers in the area. It’s also good to not that your homeowners insurance premiums may vary based on your coverage limits and other factors.

 

Table of contents:
  1. Rates by insurer
  2. Rates by coverage amount
  3. Rates by ZIP code
  4. Rates by deductible amount
  5. Policy bundling savings

 

Fort Worth home insurance by company

Homeowners insurance rates in Fort Worth can vary from one insurance company to another. Charla Brotherton Insurance Agency offers the most affordable home insurance in Fort Worth, at just $274 per year. This compares favorably to the city’s average homeowners premium of $3,596.

Below you’ll find a list of the cheapest homeowners insurance companies in Fort Worth, Texas.

 

AFFORDABLE HOME INSURERS IN Fort Worth
Company Average Annual Rate
Charla Brotherton Agency $274
Safeco $2,849
ASI Lloyds $2,907
Allstate $2,910
United $3,096

 

Fort Worth homeowners insurance prices by coverage level

The level of homeowners coverage you’d like to have can impact your insurance premiums. Homeowners in Fort Worth who carry $200K in dwelling coverage pay an average of $2,294 per year, while those with coverage up to $400K pay around $4,373 per year.

 

POPULAR COVERAGE LIMITS IN DALLAS
Coverage Level Average Annual Rate
$100,000 Dwelling $1,574
$200,000 Dwelling $2,294
$250,000 Dwelling $2,971
$400,000 Dwelling $4,373

 

Fort Worth home insurance rates by ZIP code

Fort Worth Home Insurance can vary a lot depending on what area you live in. Policies are often priced on local variables such as The number of claims filed in the immediate area or even your neighborhood can play a role in the pricing of your policy.

If you’re looking for the cheapest homeowners coverage in Fort Worth, take a look at the 75098 ZIP code. In the 75098 area, homeowners coverage usually costs just $3,166 per year — a full $431 less than the overall average for Fort Worth. Find the best places to live in Fort Worth with cheap home insurance by checking out the table below.

 

AFFORDABLE HOME INSURANCE AREAS IN Fort Worth
ZIP Code Average Annual Home Insurance Rate
75098 $3,166
75252 $3,241
75287 $3,274

These areas of Fort Worth have homeowners rates that are above the city average. Crime rates, fire risk, and your proximity to emergency services such as fire and police stations impact risk level of certain areas of the city, which can drive up area rates. With an annual average premium of $4,396, 75275 comes in as the priciest ZIP code in Fort Worth for homeowners coverage.

 

EXPENSIVE HOME INSURANCE AREAS IN Fort Worth
ZIP Code Average Annual Home Insurance Rate
75275 $4,396
75216 $3,915
75215 $3,823

 

Fort Worth homeowners insurance deductibles

A homeowners deductible is the total dollar amount that you will need to contribute toward a covered loss. As a Homeowner, you have a lot of choices when buying a policy, including what your deductible is. It’s also important to note, the deductible that you decide on can change how much you pay in insurance premiums.

A good rule of thumb when considering your homeowners deductible is: the lower your deductible, the higher your premiums. Because of this, it might make sense to set a higher deductible so you pay lower premiums. Your deductible should only be set as high as you can reasonably afford if you suffer a loss to avoid not being able to even making a claim.

This chart below illustrates the typical rates affiliated with most deductibles.

 

HOME INSURANCE PREMIUMS BY DEDUCTIBLE LEVEL IN Fort Worth
Deductible Level Average Annual Homeowners Insurance Rate
$500 $3,174
$1,000 $2,971
$1,500 $2,882
$2,000 $2,638
$5,000 $2,295

 

Home and auto insurance bundling in Fort Worth

Purchasing both your auto and homeowners policies through the same company can help you save and lower your overall insurance costs. By bundling your policies, Fort Worth homeowners, like you, could see annual savings of 7% on average.

 

CHEAPEST CAR INSURANCE RATES WITH HOME BUNDLE IN FORT WORTH
Company Avg. Annual Auto Insurance Rate (With Bundle)
State Farm $1,258
USAA $1,314
Progressive $1,930
Allstate $2,327
GEICO $2,891

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Fax: (888) 857-6410
3901 West Fwy, Ste 117
Fort Worth, TX 76107