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.