Average Homeowner Insurance Rates for Midland, Texas

Average Annual Insurance Rate
$2422


The Cheapest Homeowner Insurance Rates for Midland, Texas

Provider Annual Insurance Rate
Lighthouse Property Insurance $730
Allied Property and Casualty $1233
USAA $1339
United Propoerty and Casualty $1350
American Mercury $1541
Nationwide $1610
USAA - Garison Property $1615
Hartford Insurance $1649
MIC General Insurance $1650
Kemper Insurance $1702



The Most Popular Home Insurance Providers in Midland, Texas

Provider Annual Insurance Rate
Liberty Insurance $4317
Nationwide $1856
State Farm $3268
Texas Farmers Insurance $1915



Does credit score affect Midland home insurance rates?

Credit Score Average Annual Insurance Rate
bad $3030
average $2422
good $2107
Yes! Your credit rating can impact the price you pay for Midland homeowners Insurance up to $923 per year. Our analysis shows Midland 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 15% higher rates than shoppers with good credit.

Does Building Construction affect Midland home insurance rates?

Construction Type Average Annual Insurance Rate
frame $2394
Stucco/Hardie $2210
Brick Veneer $2145
Your home construction style may also impact the price you pay for Midland homeowners Insurance up to $249 per year. Midland home insurance shoppers with frame style construction pay up to 12% 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 Midland?

Residence Age Average Annual Insurance Rate
1 Year(s) Old $1551
10 Year(s) Old $2145
35 Year(s) Old $2398
Your home age impacts the price you pay for Midland homeowners Insurance up to $847 per year. Midland home insurance shoppers with older homes pay 55% higher rates than new homes while homeowners with homes less than 30 years old will pay 38% higher rates than new construction homes.