Average Condo Insurance Rates for McKinney, Texas

Average Annual Insurance Rate
$754


The Cheapest Condo Insurance Rates for McKinney, Texas

Provider Annual Insurance Rate
Hartford Insurance $128
Trumbull Insurance $137
Twin City Fire Insurance $144
Hartford Insurance $177
Progressive $318
Kemper Insurance $374
Travelers Insurance $398
American Mercury $453
Texas Fair Plan $477
Encompass $496



The Most Popular Condo Insurance Providers in McKinney, Texas

Provider Annual Condo Insurance Rate Monthly Condo Insurance Rate
Liberty Insurance $1398 $1398
Nationwide $707 $707
State Farm $998 $998



Does credit score affect McKinney Condo insurance rates?

Credit Score Average Annual Insurance Rate
average $754
good $644
bad $948
Yes! Your credit rating can impact the price you pay for McKinney Condo Insurance up to $304 per year. Our analysis shows McKinney renter's insurance shoppers with poor credit will pay up to 47% higher rates than shoppers with good credit. Condo insurance shoppers eith poor credit will pay rates that are 30% higher than people with average credit and average credit rate shoppers will pay 17% higher rates than shoppers with good credit.

Does Building Construction affect McKinney Condo insurance rates?

Construction Type Average Annual Insurance Rate
frame $2065
Stucco/Hardie $1925
Brick Veneer $1877
Yes the construction style may also impact the price you pay for McKinney Condo Insurance up to $188 per year. McKinney Condo insurance shoppers with frame style construction pay up to 10% higher rates than homes made with brick while Condo with homes constructed with Stucco or Hardieboard will pay 3% higher rates than homes made with Brick Veneer.


Is Condo insurance higher for older homes in McKinney?

Residence Age Average Annual Insurance Rate
1 Year(s) Old $1343
10 Year(s) Old $1877
35 Year(s) Old $2151
Your home age impacts the price you pay for McKinney Condo Insurance up to $808 per year. McKinney Condo insurance shoppers with older homes pay 60% higher rates than new homes while Condo with homes less than 30 years old will pay 40% higher rates than new construction homes.