Average Homeowner Insurance Rates for Richmond, Texas
| Average Annual Insurance Rate |
| $3067 |
The Cheapest Homeowner Insurance Rates for Richmond, Texas
The Most Popular Home Insurance Providers in Richmond, Texas
Does credit score affect Richmond home insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$3911 |
| average |
$3067 |
| good |
$2641 |
Yes! Your credit rating can impact the price you pay for Richmond homeowners Insurance up to
$1270 per year. Our analysis shows Richmond home insurance shoppers with poor credit will pay up to
48% higher rates than shoppers with good credit. Poor credit shoppers will pay rates that are
32% higher than people with average credit and average credit rate shoppers will pay
16% higher rates than shoppers with good credit.
Does Building Construction affect Richmond home insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$3173 |
| Stucco/Hardie |
$2930 |
| Brick Veneer |
$2805 |
Your home construction style may also impact the price you pay for Richmond homeowners Insurance up to
$368 per year. Richmond home insurance shoppers with frame style construction pay up to
13% higher rates than homes made with brick while homeowners with homes constructed with Stucco or Hardieboard will pay
4% higher rates than homes made with Brick Veneer.
Is homeowners insurance higher for older homes in Richmond?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$2012 |
| 10 Year(s) Old |
$2805 |
| 35 Year(s) Old |
$3157 |
Your home age impacts the price you pay for Richmond homeowners Insurance up to
$1145 per year. Richmond home insurance shoppers with older homes pay
57% higher rates than new homes while homeowners with homes less than 30 years old will pay
39% higher rates than new construction homes.