Average Homeowner Insurance Rates for McKinney, Texas

Average Annual Insurance Rate
$2427


The Cheapest Homeowner Insurance Rates for McKinney, Texas

Provider Annual Insurance Rate
Lighthouse Property Insurance $812
National Specialty Insurance $987
American Mercury $1284
USAA $1450
Nationwide Private Client $1632
Texas Farm Bureau $1653
USAA - Garison Property $1668
Republic Lloyds $1738
Texas Fair Plan $1744
United Services Auto Assn $1797



The Most Popular Home Insurance Providers in McKinney, Texas

Provider Annual Insurance Rate
Liberty Insurance $4737
Nationwide $2145
State Farm $2873
Texas Farmers Insurance $1974



Does credit score affect McKinney home insurance rates?

Credit Score Average Annual Insurance Rate
bad $3044
average $2427
good $2120
Yes! Your credit rating can impact the price you pay for McKinney homeowners Insurance up to $924 per year. Our analysis shows McKinney home insurance shoppers with poor credit will pay up to 44% higher rates than shoppers with good credit. Poor credit shoppers will pay rates that are 29% higher than people with average credit and average credit rate shoppers will pay 14% higher rates than shoppers with good credit.

Does Building Construction affect McKinney home insurance rates?

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


Is homeowners 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 homeowners Insurance up to $808 per year. McKinney home insurance shoppers with older homes pay 60% higher rates than new homes while homeowners with homes less than 30 years old will pay 40% higher rates than new construction homes.