25 Texas Homeowners Insurance Statistics for 2026: Cost, Market Share and Hail Losses
Texas homeowners insurance in 25 cited statistics: NAIC average premiums, TDI 2025 premium and market share, combined ratios, FAIR Plan and TWIA residual markets, and hail-driven insured losses.
Texas homeowners pay more than the national average for the standard HO-3 policy, and the state’s market is large enough to show up in every national catastrophe discussion. This report gathers 25 cited statistics on what homeowners insurance costs in Texas, how large the market is, which insurer groups write it, how residual markets (FAIR Plan and TWIA) fit in, and how hail has driven recent insured losses. Every figure comes from the NAIC or the Texas Department of Insurance (TDI).
Key Takeaways
- Texas HO-3 averaged $2,864 - the NAIC’s 2023 exposure-weighted HO-3 average in Texas was $2,864, 64.9% above the $1,737 countrywide average.
- TDI’s 2025 average premium is $3,489 - TDI’s homeowners market overview puts the statewide average annual homeowners premium at $3,489 on 8,233,096 active policies.
- Insurers wrote $19.75 billion of homeowners premium in 2025 - TDI reports $19,747,375,691 of homeowners multiple-peril direct premiums written.
- State Farm and Allstate write 36% of the market - the two largest groups wrote 19.10% and 16.79% of 2025 Texas homeowners premium.
- The 2025 combined ratio was 76.8% - after a 105.1% combined ratio in 2023, Texas homeowners posted a 76.8% combined ratio in 2025.
- Hail dominated 2025 insured losses - TDI’s peril chart shows about $2.32 billion of hail losses in 2025, ahead of wind, fire and water/freeze.
What homeowners insurance costs in Texas
1. Texas’s average HO-3 premium was $2,864 in 2023
The HO-3 is the standard owner-occupied homeowners form. The NAIC’s Dwelling Fire and Homeowners report for 2023 data puts Texas’s exposure-weighted HO-3 average at $2,864, based on 3,342,767 house-years of coverage. That figure divides total premium by house-years across every coverage amount and insurer. It is not a quote, and it predates TDI’s later Statistical Plan average.
2. That was 64.9% above the $1,737 countrywide HO-3 average
The countrywide HO-3 average in the same NAIC table was $1,737, so Texas homeowners paid about $1,127 more per year on average for the same form. The NAIC notes that Texas data come from TDI and that Texas historically used department-promulgated forms that are similar, but not identical, to countrywide homeowners forms.
3. TDI’s 2025 average homeowners premium is $3,489
TDI’s homeowners market overview, drawing on the Texas Statistical Plan for Residential Risks, shows an average annual homeowners premium of $3,489 on 8,233,096 active policies in 2025, with $2.405 trillion of total insured value. That Statistical Plan average is not the same series as the NAIC’s 2023 house-year averages, so treat both as official benchmarks rather than a single time series.
4. All owner-occupied forms averaged $2,762
When the NAIC combines dwelling fire with every owner-occupied homeowners form in Texas, the average premium was $2,762 in 2023 across 5,646,260.8 house-years. The broader HO-5 form averaged $3,519 and the narrower HO-2 averaged $2,307. Texas still writes a large HO-1 book: HO-1 averaged $2,408 across 1,175,620.3 house-years.
5. $1 million homes averaged $7,203 on an HO-3
Coverage amount moves premium more than anything else in the NAIC tables. Texas HO-3 policies with $1 million or more of coverage averaged $7,203 in 2023, against $2,479 at $300,000 to $324,999 and $3,497 at $500,000 to $599,999. At under $150,000 of coverage the average was $1,781.
6. Condo owners paid $999 and renters $201
Texas HO-6 condo policies averaged $999 in 2023, above the $658 countrywide average, and HO-4 renters policies averaged $201, above the $173 countrywide figure. Renters and condo forms made up 30.1% of the state’s insured house-years, against 68.1% for owner-occupied homeowners forms and 1.8% for dwelling fire.
- Owner-occupied homeowners 68%
- Renters and condo 30%
- Dwelling fire 2%
7. The dwelling fire form averaged $1,226
The NAIC’s dwelling fire series, which it collects for one-family, owner-occupied, non-seasonal buildings, averaged $1,226 in Texas in 2023, 20.3% above the $1,019 countrywide figure. About 59.8% of those house-years carried less than $150,000 of coverage. This is not a landlord average. For rental-owner cost context, see our Texas landlord insurance cost guide. For another lead-state cluster, see South Carolina homeowners insurance statistics and Colorado homeowners insurance statistics and Washington homeowners insurance statistics and Arkansas homeowners insurance statistics.
How big the Texas market is
8. Insurers wrote $19.75 billion of homeowners premium in 2025
Homeowners multiple-peril direct premiums written in Texas totaled $19,747,375,691 in 2025, according to TDI’s Annual Legislative Report on Market Conditions. Premiums on policies written were $20.25 billion across 8,233,096 policies, written by 81 groups and 157 companies.
9. Premium grew 5.65% from 2024 to 2025
The same TDI series shows homeowners DPW of $18.69 billion in 2024 before reaching $19.75 billion in 2025, a 5.65% increase. Written premium grows with rates, coverage amounts and the number of insured homes, so it is not the same as the change in any one household’s bill.
Data
| 2023 | $15.48B |
|---|---|
| 2024 | $18.69B |
| 2025 | $19.75B |
10. 2025’s homeowners loss ratio was 45.6%
TDI’s combined-ratio table for homeowners shows a 45.6% loss ratio in 2025, with a 30.8% expense ratio and a 76.8% combined ratio. In 2023 the combined ratio was 105.1% (loss ratio 71.3%). The five-year combined ratio through 2025 was 99.3%.
11. Recent filed rate requests turned negative
TDI’s market snapshot shows a -6.6% filed rate request for the 30-day window in September 2026 and a -4.3% filed rate request for the 90-day window from July to September 2026. Filed requests are not the same as the change in any one renewal, but they show the direction of recent filings TDI tracks on the overview page.
Who writes Texas homeowners insurance
12. State Farm wrote 19.10% of the market
State Farm Group wrote $3.77 billion of Texas homeowners premium in 2025, a 19.10% share, with a 52.37% loss ratio. See our State Farm review for its ratings.
13. Allstate was second at 16.79%
Allstate Insurance Group wrote $3.32 billion, or 16.79%, of 2025 Texas homeowners premium, up 11.18% from 2024, with a 44.98% loss ratio. Together, State Farm and Allstate wrote 35.89% of the market.
14. USAA, Farmers and Liberty Mutual round out the top five
USAA Group held 11.22%, Farmers 8.15% and Liberty Mutual 6.05% of 2025 Texas homeowners premium. Travelers was sixth at 5.15%. The top 25 groups wrote 92.90% of the market.
15. Nearly 160 companies sell homeowners insurance in Texas
TDI’s overview counts 157 companies in 81 groups writing homeowners coverage in 2025, and says Texas has a competitive marketplace with nearly 160 companies selling policies in the state.
16. Travelers Personal was the third-largest single company on TDI’s top 40 list
On TDI’s top 40 homeowners companies list in the agency’s annual report appendix, State Farm Lloyds led at 19.47% company share, Allstate Vehicle and Property was second at 12.22%, and Travelers Personal Insurance Company was third at 5.05%. Company shares and group shares are different cuts of the same market.
Residual markets and wind
17. The Texas FAIR Plan wrote 1.11% of homeowners premium
The Texas FAIR Plan Association wrote $219.99 million of homeowners multiple-peril premium in 2025, a 1.11% share, up 25.21% from 2024, with a 21.73% loss ratio. TDI describes the FAIR Plan as the insurer of last resort when two voluntary companies have declined to write or renew a policy.
18. TWIA wrote 33.96% of residential fire and allied lines premium
The Texas Windstorm Insurance Association wrote $783.56 million, or 33.96%, of Texas residential fire and allied lines premium in 2025. TDI says TWIA provides wind coverage in 14 coastal counties and parts of Harris County east of Highway 146 when voluntary wind coverage is not available.
19. Residential fire and allied lines totaled $2.31 billion of premium
That residual-market-heavy line wrote $2,307,072,389 of direct premium on 1,264,247 policies in 2025. Farmers (14.16%), Liberty Mutual (9.27%), Assurant (8.61%) and USAA (6.66%) followed TWIA among the largest writers.
Losses, hail and disasters
20. Hail produced about $2.32 billion of insured losses in 2025
TDI’s homeowners market overview chart of annual insured losses by peril shows hail at about $2,324 million in 2025, ahead of wind ($757 million), water/freeze ($722 million), fire ($614 million) and other ($187 million). Hail was also the largest category in 2023 and 2024 in the same chart.
21. Homeowners insurers paid $8.94 billion of losses in 2025
TDI’s annual experience table shows $8,942,619,763 of homeowners losses paid in 2025 on $19.75 billion of direct premiums written, down from $10.48 billion of losses paid in 2024.
22. Texas had six federal disaster declarations in 2021-2025
The NAIC’s homeowners report lists two FEMA disaster declarations for Texas in 2021, two in 2022, one in 2023, none in 2024 and one in 2025, six in total over the five years. The NAIC uses the table to show how catastrophe exposure feeds into homeowners prices across states.
23. 2021 was a severe loss year on the combined-ratio series
TDI’s homeowners combined-ratio table shows a 141.8% combined ratio in 2021 (loss ratio 104%), the worst year in the 2016-2025 window on that page, before the market improved to a 76.8% combined ratio in 2025.
24. Total insured value reached $2.405 trillion
TDI’s 2025 preliminary snapshot puts homeowners total insured value at $2,404,731,301,000. Coverage amounts, not just rates, move premiums: the NAIC bands above show HO-3 averages rising from $1,781 under $150,000 of coverage to $7,203 at $1 million or more.
25. Texas is among the largest U.S. homeowners markets by house-years
The NAIC counted 8,077,565.8 insured house-years in Texas in 2023 across dwelling fire, owner-occupied homeowners, renters and condo forms, including 3.34 million HO-3 house-years alone. For national ranking context and carrier ratings, see our best homeowners insurance companies guide and the carrier directory.
What these statistics mean for Texas homeowners
- Insure to rebuild cost. The NAIC bands show premium tracks coverage amount. See our homeowners insurance cost guide.
- Ask how wind is handled on the coast. TWIA may be required in the 14 coastal counties and parts of Harris County.
- Shop more than one group. State Farm and Allstate are large, but USAA, Farmers, Liberty Mutual and Travelers also write material Texas books.
- Compare hail deductibles. Hail is the largest peril in TDI’s recent insured-loss chart.
- Rental owners: price a landlord form. A full-time rental is written on a dwelling or landlord form. See Texas landlord insurance and city pages for Dallas, Houston and Austin, then request a quote.
- Read the Texas landlord and listicle companions. Texas landlord insurance cost and best landlord insurance companies in Texas cover rental-specific products.
Frequently Asked Questions
How much is homeowners insurance in Texas?
The NAIC’s 2023 exposure-weighted HO-3 average in Texas was $2,864, 64.9% above the $1,737 countrywide average. TDI’s Statistical Plan average annual homeowners premium for 2025 is $3,489. Your quote depends on location, rebuild cost, deductible and wind or hail exposure.
Who is the largest home insurer in Texas?
State Farm Group wrote 19.10% of 2025 Texas homeowners premium, followed by Allstate at 16.79% and USAA at 11.22%, per the TDI legislative market report.
Why is Texas homeowners insurance expensive?
Hail is the largest peril in TDI’s recent insured-loss chart, Texas HO-3 averages sit well above the national average in NAIC data, and coastal counties often need separate wind coverage through TWIA. Rebuild costs and coverage amounts also push premiums up the NAIC bands.
Does homeowners insurance cover a Texas rental property?
Not for a full-time rental. Ask for a landlord or dwelling policy. See our Texas landlord insurance cost guide and best landlord insurance companies in Texas.
What is the Texas FAIR Plan?
It is Texas’s residential insurer of last resort when voluntary companies decline to write or renew coverage. The FAIR Plan wrote 1.11% of Texas homeowners premium in 2025. Wind on the coast may still require TWIA.
How we verified this page
Texas and countrywide averages come from the NAIC’s homeowners report for 2023 data (Tables 1, 4 and 5). Market size, group shares, residual-market premium, loss ratios and combined ratios come from TDI’s 2025 Annual Legislative Report on Market Conditions and TDI’s homeowners market overview page, fetched October 11, 2026. We did not use competitor comparison sites or unpublished premium averages. See our methodology.
Important disclosures
Averages are not quotes. Official averages blend many policies, coverage amounts and locations. Your premium depends on your property and the insurer’s underwriting.
About Insurance 8020. Insurance 8020 is an independent insurance comparison and education resource. We are not a licensed insurance producer, broker or agent, and nothing on this page is a recommendation to buy any specific policy. We may earn a referral fee when you request a quote through our partners, at no cost to you.