Average Homeowner Insurance Rates for Sherman, Texas
Average Annual Insurance Rate |
$2547 |
The Cheapest Homeowner Insurance Rates for Sherman, Texas
Provider |
Annual Insurance Rate |
Lighthouse Property Insurance |
$1027 |
Texas Farm Bureau |
$1067 |
National Specialty Insurance |
$1128 |
USAA |
$1449 |
USAA - Garison Property |
$1679 |
American Mercury |
$1740 |
Hartford Insurance |
$1752 |
Allied Property and Casualty |
$1793 |
United Services Auto Assn |
$1796 |
Nationwide |
$1798 |
The Most Popular Home Insurance Providers in Sherman, Texas
Provider |
Annual Insurance Rate |
Liberty Insurance |
$5134 |
Nationwide |
$1798 |
State Farm |
$3962 |
Texas Farmers Insurance |
$2019 |
Does credit score affect Sherman home insurance rates?
Credit Score |
Average Annual Insurance Rate |
bad |
$3200 |
average |
$2547 |
good |
$2218 |
Yes! Your credit rating can impact the price you pay for Sherman homeowners Insurance up to
$982 per year. Our analysis shows Sherman 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 Sherman home insurance rates?
Construction Type |
Average Annual Insurance Rate |
frame |
$2297 |
Stucco/Hardie |
$2136 |
Brick Veneer |
$2072 |
Your home construction style may also impact the price you pay for Sherman homeowners Insurance up to
$225 per year. Sherman home insurance shoppers with frame style construction pay up to
11% 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 Sherman?
Residence Age |
Average Annual Insurance Rate |
1 Year(s) Old |
$1472 |
10 Year(s) Old |
$2072 |
35 Year(s) Old |
$2352 |
Your home age impacts the price you pay for Sherman homeowners Insurance up to
$880 per year. Sherman home insurance shoppers with older homes pay
60% higher rates than new homes while homeowners with homes less than 30 years old will pay
41% higher rates than new construction homes.