Top Homeowner’s Insurance Companies in Texas
FREE Homeowners Insurance Comparison
Compare quotes from the top homeowners insurance companies and save!
Secured with SHA-256 Encryption
UPDATED: Mar 13, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
Keep in mind that these companies aren’t necessarily the top rated or the ones you should go with – they’re just the most frequently used by Texas homeowners.
As you can see, State Farm was the top homeowner’s insurance provider in Texas in 2009 (the most recent data available), according to a report from the Independent Insurance Agents of Texas.
The company grabbed 28.8% of the market share with $1.63 billion in written premium, more than doubling second-ranked Farmers, who snagged 13.5% of the market share with just over $761 million in written premium.
Allstate took the third spot with 13% market share and $734 million in written premium, followed by USAA, with 7.9% market share and $449 million in written premium.
Rounding out the top five was Travelers, with 4.9% market share and $277 million in written premium.
There were a number of other notables are in the top 20, including Liberty Mutual, The Hartford, AAA, Amica, and MetLife.
As mentioned earlier, this list isn’t necessarily a gauge of quality, but more about market share, and the names an independent insurance agent may throw your way.
The 2009 homeowner’s loss ratio (amount of money paid out in insurance claims versus earned premium) of 67.1% was significantly better than the Hurricane Ike-driven 129.1% seen in 2008.
But there’s still a long way to go to get back down to 2005-2007 levels, which were between 33-56%.
Because of the abundance of natural disasters in Texas, homeowner’s insurance is more expensive there than in other parts of the country.
Read more: How are homeowners insurance rates determined?