Average Homeowner Insurance Rates for Midland, Texas
| Average Annual Insurance Rate |
| $2422 |
The Cheapest Homeowner Insurance Rates for Midland, Texas
The Most Popular Home Insurance Providers in Midland, Texas
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.
