San Antonio offers more affordable homeowners insurance compared to other large Texas cities, but various factors such as home age, credit score, and deductible still impact costs. San Antonio, Texas, offers a unique blend of culture, history, and affordable housing. As one of the largest cities in Texas, it’s important to understand how home insurance rates in San Antonio compare to the rest of the state and the nation.
National and Local Home Insurance Costs
The national average is about $1,400 per year, while the average home insurance cost in San Antonio is $1,500 per year, making it one of the more affordable cities in Texas.
Home Insurance Rates by Home Age
Home age affects premiums in San Antonio:
New homes (0-10 years): $1,450 annually
Homes 10-30 years: $1,500 annually
Older homes (30+ years): $1,750 annually
Homeowners Insurance Rates by Credit Tier
Excellent credit: $1,400 per year
Good credit: $1,500 per year
Fair credit: $1,700 per year
Poor credit: $2,000 per year
Cheapest Home Insurance Providers in San Antonio
USAA: $1,400 per year (for military families)
State Farm: $1,450 per year
Allstate: $1,475 per year
Home Insurance Rates by Deductible
$500 deductible: $1,700 per year
$1,000 deductible: $1,500 per year
$2,500 deductible: $1,300 per year
Types of Homeowners Insurance in San Antonio
Dwelling Insurance: Covers the cost to rebuild or repair your home.
Personal Property Insurance: Protects your belongings against covered perils.
Water Backup Coverage: Important in areas with older infrastructure prone to water backup or plumbing issues.
Liability Insurance: Protects you if someone is injured on your property.
Replacement Cost Coverage: Ensures your home and belongings are replaced without depreciation deductions.
Comparing San Antonio to Other Cities
San Antonio’s insurance rates are lower than Houston ($1,850/year) and Austin ($1,700/year), making it a great option for affordable housing insurance.insurance premiums. an ignition interlock device and perform community service.
