We Shop 35+ Carrier to Find You The Best Deal on Your Farmers Branch Home Insurance Every Time
How Much is Home Insurance in Farmers Branch, TX?
The average cost for home insurance in Farmers Branch, Texas is $1,820 per year among TGS Insurance Agency customers. This average premium includes windstorm and hail coverage with a 2% deductible and is based on policies with an average home value of $321,290. At TGS Insurance, we understand that each homeowner’s insurance needs are different and that’s why we shop 35+ carriers to find YOU the coverage you need at the best price available. To get started with a free quote, all we need is your address.
Farmers Branch Homeowners Insurance Rates By Home Value
Home value is one of many factors that influences your home insurance rate. Below is a comparison of the average home insurance quote from TGS Insurance Agency in Farmers Branch by home value. Below, home values are rounded to the nearest $25,000 so $100,000 includes homes in the $75,000 to $125,000 range.
| Home Value | Average Annual Premium (incl. Wind Coverage) |
|---|---|
| $150,000 | $1,284 |
| $200,000 | $1,322 |
| $250,000 | $1,431 |
| $300,000 | $1,569 |
| $350,000 | $1,971 |
| $400,000 | $2,348 |
| $500,000 | $2,768 |
| $550,000 | $2,823 |
| $600,000 | $3,340 |
| $650,000 | $3,504 |
What Does Home Insurance in Farmers Branch Cover?
While home insurance policy combinations are almost infinite in possibilities due to customization based on your needs, standard homeowners insurance consists of six main coverages:
- Dwelling Coverage for the structure of your home
- Other Structures Coverage for detached structures on your property such as detached garages, sheds, and fences
- Personal Property Coverage for your personal possessions inside your home such as your appliances, electronics, furniture, jewelry, and other valuables (policy limits do apply).
- Loss-of-Use Coverage helps you pay for living expenses should your home become unlivable and require you to vacate the premises. An example would be the cost of staying at a nearby hotel due to your home becoming damaged during a fire.
- Liability Coverage is there for you should you find yourself involved in a lawsuit. This coverage helps pay for legal expenses and should be at an amount that is large enough to cover the value of your home and assets including your finances.
- Medical payments coverage helps you pay for medical bills should someone get injured on your property and needs medical attention with the standard coverage amount being around $5,000. The members of your home are excluded from this coverage.
Having adequate coverage in these areas is important for homeowners to avoid being underinsured and paying out-of-pocket to cover such expenses. Always check with your agent to make sure you have the proper coverage levels for your situation.
Most Popular Additional Home Coverages in Farmers Branch, TX:
Home insurance policies can protect you from a lot but focus on the basics of protecting your home. Homeowners looking to gain further protection can add coverages to their policies to help fill any gaps they might have otherwise. Some popular home insurance add-ons in Farmers Branch, TX include:
Water Backup Coverage: Sewer and drainage backup can lead to messy and expensive repairs and without this additional coverage option, homeowners will find that they are not covered by a standard homeowners insurance policy. Adding water backup coverage can help save you money with protections costing only $50-$250 per year with protection ranging between $5,000 and $25,000.
Windstorm/Hail Storm Coverage: Homeowners in Texas know all too well the power of windstorms and hail events. Between hurricanes, tropical storms, tornadoes, and severe thunderstorms, there are a lot of bad weather events that can leave a path of destruction. Homeowners in Farmers Branch, TX need to protect themselves with a proper windstorm and hail storm policy to avoid paying for hefty repairs due to wind or hail damage. To help our clients stay protected for anything, TGS Insurance automatically includes a 2% wind/hail deductible into all of our policies!
Scheduled Personal Property Coverage: While a standard home insurance policy offers as much as 50-70% in personal property coverage depending on your dwelling coverage, valuables that exceed your policy limits can leave you exposed to paying to restore them on your own in the aftermath of a peril. Homeowners will need to add scheduled personal property coverage to their homeowners policy to gain financial assistance in replacing those items should a loss occur.
Zip Codes in Farmers Branch, TX That We Insure:
- 75006
- 75234
- 75244
- 75254
- 75358
- 75381
Don’t see your zip code? Not a problem! As long you are in Texas, we can find you a home insurance policy to cover your home!
About TGS Insurance Agency
Based in Texas, TGS Insurance Agency sets itself apart from other insurance agencies by providing a better experience for our customers. We understand that our customers don’t want to waste hours answering questionnaires that go on forever or on the phone speaking with an agent only for it to take days to get your quote. At TGS Insurance, all we need is your address and we can deliver you a personalized quote in just 15 seconds! From there, your dedicated agent will further personalize your quote by comparing your policy through more than 35 A-rated (or better) insurance carriers while crafting your coverage to meet your needs at a rate that fits your budget. This creates a perfectly balanced quote in both value and coverage. Our excellent customer experience doesn’t stop there; we do much more than provide a great quote, we’ll also handle the entire enrollment process from start to finish for a stress-free home insurance experience that runs smoothly. Shopping for home insurance in Farmers Branch, TX has never been easier!
