Get Rio Grande City, TX Home Insurance Rates!
If you are looking for a new homeowners insurance policy in Rio Grande City, TX or are just shopping for a lower Texas home insurance premium, we are here to help. Our website can help you compare up to 12 competitive rate quotes based on price and coverage options.
We only work with top-rated carriers in Rio Grande City who offer robust coverage at an affordable price. We will help you make sure your home is fully protected.
Our site can help you shop a wide variety of insurers quickly and easily. Let us help you review and compare Rio Grande City home insurance rates today, enter your zip code above to start a free online quote or give us a call now at 1-866-502-7287.
A Few Facts about Rio Grande City, TX Home Insurance Rates
Home insurance cost around $2,000 per year on average in the Rio Grande City area based on a basic HO-3 homeowner coverage policy including owner-occupied dwelling and a single family unit. To help you compare your average premium, you can see that the national home insurance average is around $1,311.
While insurance rates in Rio Grande City are already pretty affordable, we help you compare rates and coverage options from other insurers so you can find the best rate and policy for your home. Our site can help you save up to 40% or more on your premium while making sure you are fully covered.
While other sites may pair you with lesser known insurance companies that come with reduced coverages levels, we only shop national insurers that offer high quality policies at affordable prices. Our free shopping process allows you to view all the enhanced coverage features, deductible options plus home insurance discounts to make sure you are fully covered at a reasonable price.
Home prices in Rio Grande City and coverage options
In addition to lower than average insurance rates, homes in Rio Grande City are very affordable with the median price for a home coming in at around $72,100. Homeowners insurance offers a variety of coverages that can protect all aspects of your home and property.
- Rio Grande City City Population: 13,834
- Total Occupied Homes in Rio Grande City: 3861
- Family Households (families): 3168
- Average Home Size: 3.43
- Average Family Size: 3.82
- Total Housing Units: 4305
Here is a quick overview of the various coverages included in a standard homeowners policy:
Dwelling: This portion of your homeowners policy covers the structure of your home against covered perils. This coverage pays to rebuild or repair your home if it is damaged or destroyed. It is important to remember that dwelling coverage typically excludes flood damage so if you are in a high-risk area, you will need a separate flood insurance policy to be fully protected. For flood insurance only in Rio Grande City, TX, please call us at 888-620-1954!
Personal Property: Your homeowners policy will protect your personal property under this section of the policy. Personal property coverage is typically capped at 50% of your dwelling coverage. This means that if you are carrying $250,000 in coverage on your home, your personal property coverage will be capped at around $125,000.
It is always a good idea to keep an inventory of your personal possessions. There are numerous apps that help make this tedious task easier.
Liability: This portion of the policy protects you if a person is injured at your home. It will help cover their medical bills as well as lost wages and funeral costs if necessary. It will also help pay your legal bills if your injured guest decides to sue you.
In addition, the property liability section of your policy will pay for damage you do to another person’s property. As an example, if your child puts a baseball through the neighbor’s window, your liability coverage will pay to replace the window.
Loss of Use: This coverage will help pay bills that you incur if you are not able to live in your home after it is damaged by a covered peril. As an example, if your home burns to the ground you may have to move into a hotel or rental while it is being rebuilt. This coverage will help cover bills such as the hotel, restaurant, and even dry cleaning.
Flood and Earthquake coverage: As mentioned above, a standard homeowners policy excludes coverage for flood and earthquake damage. If your home is at risk of flooding or earthquake damage you will need to purchase a separate policy to be fully protected.
Ready to start shopping for a new policy? Simply enter your zip code above, complete the home details application and we will shop a variety of insurance companies to help you find the best coverage at an affordable premium.
Compare Homeowners Insurance Rates in Rio Grande City, TX!
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About Our Service in Texas
We are providing the most competitive homeowners insurance rates in Texas. Our quoting process is very quick and easy to use when you want to compare over 16 competitive rates all in one place. Our office is located in the heart of Austin, Texas and we are ready to help you compare the most affordable home insurance options and discounts with the most enhanced coverage options. Our rates will be generated from companies like: American Risk Insurance, Bankers Insurance Group, Centauri, Cypress Texas Insurance, Encompass Insurance, GeoVera Specialty, Gulfstream Property & Casualty, Home Owners of America, Lighthouse Property Insurance, Mission Select, TWICO, Universal North America (UIHNA), United property and casualty, Wellington, American Modern, Safeco and many more. Let us help you shop the lowest Texas rates available, start your quote online now or give us a call at 877-480-7274. We look forward to working with you!
Average Rates Nearby Rio Grande City
Are you looking for homeowners insurance in a city near Rio Grande City? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Rio Grande City, TX
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Rio Grande City.
Rio Grande City, TX Home Insurance Average Premiums
$1259 /yr.
For the city of Rio Grande City, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
| Coverage Amount: | Annual Premium |
|---|---|
| 1800 sq. ft. or below (discounts applied) | $1259 /yr. |
| Average Coverage: | $1509 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1809 /yr. |
What is the average home insurance cost for a home in Rio Grande City, TX?
- • The average homeowners insurance premium paid annually for a home in Rio Grande City is around $1509 per year.
What does it cost on average per month for home insurance in Rio Grande City, TX?
- • Homeowners in Rio Grande City pay an average cost per month around $126.00 for insurance coverage.
Rio Grande City, TX Coastal Wind, Hail & Flood Information
Rio Grande City is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.
Coastal Texas Information: What does a Texas Wind and Hail Policy Cover? or Coastal Texas Home Insurance Rates
Rio Grande City, TX - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $76,653 | $77,481 |
| February | $79,247 | $77,164 |
| March | $81,914 | $76,699 |
| April | $81,790 | $75,958 |
Homeowners insurance will help cover the cost to repair or replace your Rio Grande City home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Rio Grande City
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Rio Grande City, TX homeowners insurance rates all in one place! |
Saving Money Tips on Rio Grande City Home Insurance
A great way to save money on Rio Grande City homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Rio Grande City area? Check out what homeowners are paying on average for Texas homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 442 ft. | This is the average home elevation in Rio Grande City, TX | » Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Rio Grande City, Texas. A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy. It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas. |
To get online quotes on your home and compare rates on home insurance premiums in Rio Grande City, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Starr County.
Texas Homeowners Insurance News & Information
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Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024
Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]
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2024 Average Homeowners Insurance Rate at $2,777 per year Posted on Tuesday 20th February, 2024
A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]
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9% Predicted Jump in Home Insurance Rates in 2023 Posted on Tuesday 25th April, 2023
According to a new report by online marketplace Insurify, average homeowner insurance premiums are headed up again in 2023. The report predicts that the average cost of homeowners insurance could jump up 9% which translates into about $150 increase for most homeowners. The pain will not be distributed equally, homeowners in some states will see […]
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Get Cheaper Home Insurance by Using These Great Saving Tips Posted on Friday 19th August, 2022
Homeowner insurance rates are headed up in many states this year. Colorado’s new average rate is around $3,400, Oklahoma is now $3,300, Tennesse has also moved up on the list to an average home insurance rate of $3,000 per year. Kansas and Texas are both around $2,500 for the year. While your premium may be […]
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Top 3 Reasons Homeowners Can Expect a 3% to 30% Rate Increase Posted on Monday 18th April, 2022
Interest rate hike due to inflation percentage rising up, FED, federal reserve or central bank monetary policy, economics or loan concept, businessman archery percentage arrow high up into the sky. There is a good chance that your homeowners insurance premium will be headed up this year. According to a recent S&P Global Market Intelligence report, homeowners […]
Rio Grande City, TX Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Rio Grande City so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Rio Grande City, TX?
- The average square footage in Rio Grande City is around 559 Sq. Ft. which would cost you around $72,100 to replace the home if you base the home on the price to build per square foot of $129.
Minimum Replacement Cost Total: $72,100
Location: Rio Grande City, Texas (Starr County)
Average Building Cost Per Square Foot in Rio Grande City: $129 (low end)
Average Square Footage in Rio Grande City: 559 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $129 | $72,100 |
| Some Additional Upgrades | $161 | $90,125 |
| Major Home Updates or Advancements | $194 | $108,150 |
The dwelling coverage is calculated by the average cost per square foot ($129) in Rio Grande City, Texas times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $403,125 (Media price to build of $161 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.