Average Homeowner Insurance Rates for Sherman, Texas
| Average Annual Insurance Rate |
| $2547 |
The Cheapest Homeowner Insurance Rates for Sherman, Texas
The Most Popular Home Insurance Providers in Sherman, Texas
Does credit score affect Sherman home insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$3200 |
| average |
$2547 |
| good |
$2218 |
Yes! Your credit rating can impact the price you pay for Sherman homeowners Insurance up to
$982 per year. Our analysis shows Sherman home insurance shoppers with poor credit will pay up to
44% higher rates than shoppers with good credit. Poor credit shoppers will pay rates that are
29% higher than people with average credit and average credit rate shoppers will pay
15% higher rates than shoppers with good credit.
Does Building Construction affect Sherman home insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$2297 |
| Stucco/Hardie |
$2136 |
| Brick Veneer |
$2072 |
Your home construction style may also impact the price you pay for Sherman homeowners Insurance up to
$225 per year. Sherman home insurance shoppers with frame style construction pay up to
11% higher rates than homes made with brick while homeowners with homes constructed with Stucco or Hardieboard will pay
3% higher rates than homes made with Brick Veneer.
Is homeowners insurance higher for older homes in Sherman?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$1472 |
| 10 Year(s) Old |
$2072 |
| 35 Year(s) Old |
$2352 |
Your home age impacts the price you pay for Sherman homeowners Insurance up to
$880 per year. Sherman home insurance shoppers with older homes pay
60% higher rates than new homes while homeowners with homes less than 30 years old will pay
41% higher rates than new construction homes.