Save On Home Insurance in El Paso TX

How Much Does El Paso, TX Homeowners Insurance Cost?

We listen to our customers unique needs in El Paso! Please observe the standard yearly home insurance premiums, nationwide, state wide and locally:

· National average premium: $2,307

· Texas average premium: $3,430

· El Paso, TX average premium: $1,550

At Freedom Insurance Group, our clients in El Paso, TX pay around $1,390 annually for homeowner’s insurance. This signifies we are saving our clients $1,920 in comparison to the city standard.

POPULAR HOME INSURANCE COVERAGE LIMITS IN EL PASO TEXAS

Coverage Level

Average Annual Rate

$200,000 House

$939

$250,000 House

$1,095

$400,000 House

$1,290

$500,000 House

$1,370

$600,000 House

$1454

$750,000 House

$1659

*Information retrieved from the Texas Department of Insurance from Help Insure and averaged with internal data

El Paso, TX Auto and Homeowners Insurance Bundling Discounts Average rates

Place

1 Car Bundle Savings On Insurance

2 Car Bundle Savings On Insurance

3 Car Bundle Savings On Insurance

El Paso Texas

$167

$221

$331


Most companies consider these things when deciding on your premium:

  • Your home’s age and condition. Companies can’t turn you down just because of your home’s age or value, but they can charge you more.
  • Your home’s replacement cost. Houses with higher replacement costs have higher premiums.
  • Construction materials. Premiums are higher for houses built completely of wood. They’re lower for houses built of brick or stone.
  • Where you live. Premiums are higher in areas that have more storms or crime.
  • Availability of local fire protection. Premiums are lower for houses that are close to fire stations.
  • Your claims history. Your premiums might be higher if you’ve had claims in the past.
  • Your insurance score. Some companies use your credit score to decide what to charge you. Your premiums will be lower if you have good credit.

Home Insurance Discounts Available in El Paso, TX

Home Discount Name

Home Discount Description

Discount Amount

New Home

New Construction Recently Purchased

up to 40%

Age of home

5 Years Old

up to 26%

Bundle

Home And Auto

up to 25%

Upgrades

Electrical, plumbing, heating, roof full updates

up to 20%

Age of home

10 Years Old

up to 13%

Construction type

Fire Resistive

up to 11%

Advance Purchase

7 Days Advance Purchase

up to 8%

Loyalty

10+ Years Renewal

up to 8%

Construction type

Masonry

up to 7%

Paid in Full

Paid in Full

up to 7%

Loyalty

5 Years Renewal

up to 6%

Fire Sprinklers

Sprinklers

up to 9%

Claims Free

5 Year Claims Free

up to 5%

Claims Free

10+ Year Claims Free

up to 5%

Hail Resitant Roof

Hail Resistant Roof (class 1,2,3,4)

up to 12%

Loyalty

3 Years Renewal

up to 5%

Fire Alarm

Central Station

up to 2%

Gated Community

With Patrol

up to 2%

Burglar Alarm

Police Department

up to 4%

Burglar Alarm

Central Station

up to 4%

Age of home

15 Years Old

up to 4%

Water Safety System

Water Leak Detection – Shut Off And Alarm

up to 4%

Water Safety System

Water Leak Detection – Shut Off

up to 3%

Gated Community

Without Patrol

up to 2%

Water Safety System

Water Leak Detection – Alarm

up to 3%

Automatic payments

Electronic Fund Transfer

up to 3%

Burglar Alarm

Local

up to 1%

Fire Alarm

Local

up to 1%

Age of home

20 Years Old

up to 2%

Smoke Detector

Smoke Detector

up to 1%

Fire Extinguisher

Fire Extinguisher

up to 1%

Storm Shutter

Storm Shutters

up to 1%

Deadbolt

Deadbolt

up to 1%


What does the standard Home Insurance Policy in El Paso, TX Include?

Homeowners insurance offers coverages with the goal of protecting your home, personal belongings, and your liability in case your home becomes damaged to a peril/loss including a visitor’s medical fee, fire, robbery /vandalism, etc. Policies vary, but take a look at some of the most usual coverage choices below:

  • Dwelling Coverage (A): this protects your home’s physical structure, for instance, your home’s foundation, roof, and walls. It can even protect structures that are linked to your home such as a deck, detached garage, or patio. Dwelling coverage is an important coverage for homeowner’s insurance.
  • Other Structures Coverage (B): whereas the principal structure of your home is covered by dwelling coverage, structures that are not linked to your home will require other structures coverage to stay protected. This encloses decks, detached garages, sheds/shops, etc.
  • Personal Property Coverage (C): protects against damaged personal possessions that happen from particular perils including fires, theft, or vandalism. Each policy differs and what is or isn’t covered will depend on your insurance company. For more costly objects such as art or jewelry, you may need extended coverage options.
  • Loss of Use/Additional Living Expenses Coverage (D): should a covered peril generate a circumstance in which your home is unlivable, this coverage aids you pay for where you temporarily live while waiting for your home to be rebuilt to a habitable state.
  • Personal Liability Coverage (E): this coverage is to protect homeowners against possible medical expenses that can accumulate should a visiting party become injured on your property and you are found responsible. Personal liability coverage can also cover possible legal fees related with the injury.
  • Medical Expenses Coverage (F): within your homeowner’s insurance policy, it helps to cover the essential medical bills of a guest in your home should they become hurt while visiting your property. Medical expenses coverage can even help balance costs if you are not responsible.

Supplementing Your Homeowners Insurance Policy

There are several perils your home may face that aren’t covered by your standard home insurance policy. Through endorsements, additional coverage options, and changing your homeowners insurance policy, you can gain even more protection. Take a closer look at some of the options you have when searching for additional protection and speak with an agent to find the best options for your needs:

  • Flood Insurance- Floods continue to devastate cities across Texas and the United States and you may be surprised to learn that flood damage is not covered by your homeowners insurance. As many as 1 in 4 flood claims come from homeowners who live outside of high-risk areas. Adding flood insurance helps protect against a common threat to your home by helping you restore flood-related losses.
  • Umbrella Insurance- Liability protection is important for every homeowner but for those with more to lose, it is a critical component. The median household income in Flower Mound, Texas, is $137,285, according to the U.S. Census Bureau. This is considerably more than the Texas state average of $61,874. In the event of a lawsuit, your assets could become vulnerable without the right protections in place. Avoid losing what you’ve worked hard for by purchasing umbrella insurance that can cover your valuables after you’ve reached your policy limits.
  • Scheduled Personal Property Coverage- Your homeowners insurance policy will protect your personal belongings, but there are policy limits. If you are looking to protect valuables like jewelry and fine art with values that exceed your coverage, this endorsement can help protect your high value or unique items
  • Extended Replacement Cost- Although not all losses are completely devastating, some are and can exceed the amount of coverage you have for your home. For example, one of the rarest perils a homeowner may face is also the most expensive, a house fire. If you suffer a total loss and require replacing your possessions and rebuilding your home, extended replacement cost coverage can help you cover losses outside of your homeowners insurance’s coverage.

The Secrets to Saving on Home Insurance

If you’re a homeowner, chances are you’re going to want to save money on your home insurance policy. A home is your shelter and your investment. Putting a significant amount of money into your home is a great financial move, but you’ll also need to protect your interest. Home insurance policies differ from homeowner to homeowner. This is due to several reasons including your coverage needs, personal factors which affect your premium, and characteristics of your home, just to name a few. But saving on a home insurance policy is the shared dream of all homeowners. Your dream can be a reality through these easy to follow tips:

  • Compare your rates among a variety of insurance brands. Each insurance brand will assess your risk differently which leads to differing insurance premiums. By shopping around you can find the right company for your needs.
  • Bundling: your home insurance policy with your auto insurance
  • Increase your deductible for a lower home insurance premium.
  • Install improvements to your home that increase its ability to sustain natural disasters, prevent crime, or keep your household safe. (Examples: Hurricane grade storm shutters, security systems, a fire alarm system with sprinklers, etc.)
  • Loyalty discounts: Customers who stay with the same insurance company for a long time are rewarded with discounts.
  • Near a fire hydrant/fire station: The closer you are to a fire hydrant and also the fire station, the faster fires can be put out, earning you a discount.
  • New home: New homes typically are built with stronger safety innovations, making claims less costly.
  • High-quality roof: Hail and wind damage are among the top reasons homeowners file a claim. A sturdy roof can lower your premiums. (Of course, it lowers your heating bill and looks nice, too. Sweet!)
  • Tidy yard: When insurance reps visit your property, they like to see it looking spiffy. Neatly trimmed grass, shrubs, and trees lower fire risk and show the insurance company that you care about your property. Discount!
  • Avoid recreational hazards: A home without a pool or trampoline is at much less of a risk of a claim, earning you a discount on your coverage.

There are plenty of ways to save money on your policy and seeing as every homeowner needs this protection, it only makes sense to receive it at the lowest rate. Texas has some of the highest home insurance rates in the country making it imperative for homeowners to take the necessary steps to save money. Shop around, bundle when you can, and do your part in protecting your home for the best results.

Safeguarding your Home in El Paso from Natural Catastrophe and Dangerous Climate

Weather associated occurrences and natural catastrophes are an inopportune part of our daily living andwhen disastrous events happen, you’ll need a home policy able to aid you reinstate and reconstruct in the outcome. The right insurance coverage and policy limit could make the distinction between your claim being remunerated or not. In El Paso natural catastrophes are inevitable, but they can bring obliteration in their path for homeowners. The correct home insurance policy with Freedom Insurance Group covers inevitable weather events.

Natural catastrophes and Dangerous Climate in El Paso, TX:

Number of extreme weather occurrences (1950-2010): 428

Most frequent occurrences (1950-2011): Hail (150)

Number of tornadoes equivalent to F2 (1950-2010):117

el paso texas property insurance

Zip Codes in El Paso TX That We Insure

79835

79904

79910

Freedom Insurance Group is El Paso’s Finest Home Insurance Provider

El Paso is a city in and the county seat of El Paso County in the far southwestern part of Texas. El Paso is situated on the Rio Grande crossways the Mexico/US frontier from Ciudad Juárez. The population as of 2021 is 681,730. El Paso signifies in English, to pass. Juan de Oñate, colonist of New Mexico, named this city El Paso del Norte (the main reason the city is named after). Presently, El Paso is the second main Hispanic city in the US and it offers abundant history. It associates backgrounds and traditions from Old Western, Mexico, Native American and desert gorgeousness. El Paso has plentiful recreation for all ages and viewpoints. Providing Home Insurance for El Paso is an honor for Freedom Insurance Group. Taking care of our clients is our number one priority!

El Paso clients don’t look beyond Freedom Insurance Group for excellence in Home Insurance at low rates and superb coverages. We shop 25+ class A insurance companies and find the best choice for our customers. We also answer all your questions in English and Spanish through our bilingual customer service team. We shop multiple carriers and help you save both time and money!

Main Home Data in El Paso

681,730

Total Population

$158,395

Average Home Value

$47,570

Median Household Income

35

Median Age

Resident Resources

Police Department in El Paso

Fire Department in El Paso

919 HUNTER DR EL PASO, TX 88595

915-831-8911

911

14885 Las Colonias Rd El Paso, TX 79928

915-851-2104

911

Main Neighborhoods in El Paso, TX

Zach White

Album Park

Mission Hills

Willow Bend One

La Colonia Escondida

Mountain Arroyos

Silver Springs Village

East Side

Rim Area

North Hills

Freedom Insurance Group is Proud to Serve El Paso, Texas

Knowing you’re protected with the right coverages can bring you peace of mind. Finding the right coverages for the lowest price will deliver the protection you deserve while keeping money in your pocket. Freedom Insurance Group understands and helps find homeowners throughout El Paso, Texas, the right coverage options for their needs at the lowest cost possible.

We get to know our clients to better understand their needs. Each homeowner’s needs are different and by creating a custom approach to your insurance needs we can prevent gaps in your coverage while saving you the most amount of money.

Our agents work for you by comparing your coverage needs among more than 25 top-rated insurance companies with strong financial ratings and a range of coverage options. By comparing your coverage among multiple brands, we can build a custom coverage option for you and your home that doesn’t break the bank. Contact us today or get a free home insurance quote with only a few clicks of a button.

Freedom Insurance specializes in the following Texas Insurance Services:

Contact Us

Freedom Insurance Group
3861 Long Prairie Rd Ste 110
Flower Mound, TX 75028
Phone: (972) 798-3769

BUSINESS HOURS

M-F: 8:30 am - 6:00 pm
SAT: 10:00 am- 2:00 pm
SUN: closed

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