According to a rate study, the annual premium for homeowner's insurance in Texas is around $3,341, which is roughly $278 monthly. Regarding the cost of homeowners insurance, Texas ranks as the fourth most costly state in the United States, behind only Nebraska, Oklahoma, and Kansas. To locate the most affordable and reliable Texas homeowner's insurance, we compared the premiums offered by more than a dozen different insurance companies in the state.

Consider purchasing your homeowner's insurance policy from one of the companies included on our list of the best homeowners insurance companies if you are searching for an affordable and well-regarded national brand.

Chubb: $2,082

The Chubb homeowners insurance plans provide a wide variety of optional supplementary coverages. For instance, they will pay to bring your house up to date with the most recent building regulations during the rebuilding process that follows a claim and cover any water damage that results from clogged sewers and drains. (Many insurance companies assess a higher premium for these various forms of coverage.)

Chubb provides its policyholders with access to a complimentary service called HomeScan. This service uses infrared technology to inspect your home for possible leaks and insufficient insulation. Homeowners in the state of Texas have the option of signing up for free wildfire defense services. These services include doing a risk assessment on your property and sending firefighters to your location if a wildfire is moving in the direction of your neighborhood.

Mercury: $2,267

Mercury, with headquarters in Los Angeles, is not only consistently ranked as one of the most affordable home insurance providers in Texas, but it also provides several different options for customers to reduce the cost of their premiums. If you live in a more recent house, have a burglar alarm, or bundle your vehicle and home insurance policies, you could be eligible to reduce your premiums. Nonetheless, the NAIC reports that the firm gets more customer complaints than typical for an insurer of its size.

Texas Farm Bureau: $2,368

Consider the Texas Farm Bureau, which offers hundreds of agents across the state, if you'd rather choose a more regional choice. To purchase insurance from the Texas Farm Bureau, you do not need to be a farmer; however, you do need to become a bureau member. (Depending on the county, the price might range anywhere from $35 to $50.) If you install a central alarm system, have a roof resistant to impact, or bundle many policies together, you can be eligible for a discount.

State Farm: $2,821

State Farm, the biggest insurer in the United States, distinguishes out for its extensive variety of coverage alternatives. Its plans often offer additional dwelling coverage in case it ends up costing more than anticipated to reconstruct your house following a catastrophe that is covered by the policy. You may also be able to purchase additional coverage for items such as damage to utility lines, damage caused by clogged drains, and the failure of key home equipment.

As a bonus for homeowners with State Farm house insurance, they will get a free Ting device. Ting is a smart plug that can monitor the electrical network in your house to prevent fires.

Farmers: $2,848

Both extended dwelling coverage and replacement cost coverage are two kinds of insurance that might be included in a homeowners policy purchased from Farmers. Extended dwelling coverage provides additional protection for your home's structure. In contrast, replacement cost coverage gives you access to more financial compensation if your items are lost, stolen, or damaged.

Some bonuses come with some Farmers plans that might help you save money. For instance, if you have Declining Deductibles, you may be eligible to get a $50 credit against your deductible for each year you renew your policy. In addition, if you qualify for claim forgiveness, Farmers Insurance won't increase your rates because of a claim as long as it has been more than five years since your last claim.

Amica: $4,155

Amica distinguishes out in the industry because of its excellent customer service and varied coverage choices. According to NAIC, the insurance provider has received fewer complaints from customers to state regulators than would be anticipated for an organization of its scale.

If the cost to rebuild your home is more than anticipated, you can customize your policy to include additional coverage over your dwelling limit. You may also want to consider purchasing additional coverage for the costs associated with identity theft or for precious things such as jewelry.

Amica provides several different savings on homeowner's insurance. You may reduce your overall insurance costs by consolidating your vehicle and house insurance policies, installing a more recent roof, and setting up automatic payments for your premiums.