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Insurance Costs in Frisco, TX

Population: 200,509 | South region | 75% above national average for homeowners insurance

Homeowners
$4,554/yr
State avg: $4,800
Renters
$188/yr
State avg: $204
Auto
$2,492/yr
State avg: $2,627
Landlord
$5,693/yr
State avg: $6,000

Compared to State & National Averages

Homeowners Insurance
$4,554 City
$4,800 State
$2,600 National
Renters Insurance
$188 City
$204 State
$160 National
Auto Insurance
$2,492 City
$2,627 State
$2,497 National
Landlord Insurance
$5,693 City
$6,000 State
$3,250 National

Risk Factors & Details

Local Risk Factors
severe hailtornado
Crime Index
12/100
Total Annual Insurance$12,927
Monthly Insurance Budget$1,077
vs National Total+74%

Insurance Market Analysis: Frisco, TX

Frisco is a large city with a population of 200,509 in the South region. Insurance costs here are shaped by a combination of Texas's regulatory environment, local risk factors, and the city's specific demographic profile.

Homeowners in Frisco face significantly elevated insurance costs at $4,554/yr — 75% above the national average. Over a 30-year mortgage, this premium gap amounts to approximately $58,620 in additional insurance costs compared to the average American homeowner. This is a material factor in the true cost of homeownership here and should be carefully factored into any home purchase decision.

Severe weather — particularly severe hail and tornado — is the primary driver of elevated insurance costs in Frisco. The region experiences multiple severe weather events annually, generating billions in insured losses. Impact-resistant roofing (Class 4) is one of the most effective investments homeowners can make, potentially reducing premiums by 10-30%.

With a crime index of just 12/100, Frisco is significantly safer than the national average. This low crime rate is a positive factor for insurance pricing — fewer theft, vandalism, and property crime claims mean insurers can offer more competitive rates. Auto insurance comprehensive coverage is also more affordable in lower-crime areas.

The total annual insurance budget for a Frisco homeowner with a car is approximately $7,046/yr ($587/mo). This is significantly above the national combined average of $5,097/yr. For anyone relocating to Frisco, budgeting for this higher insurance cost is essential — it can represent the equivalent of one or more extra monthly car payments per year. Bundling homeowners and auto with the same carrier typically saves 15-20%, which could mean $1,198 in annual savings.

Data sources: Insurance cost estimates derived from NAIC reports, Insurance.com, Bankrate, and Insurify (2025-2026). City risk factors from FEMA, FBI UCR, and state insurance department filings. Figures represent average annual premiums for standard coverage and may vary based on individual factors.

In-Depth Insurance Guides for Frisco

Estimate Your Premium in Frisco

Property Details
$
Estimated Annual Premium
$5,600Above Average
$467/month in Texas
Monthly Cost
$467
estimated premium
vs National Avg
+115%
Avg: $2,600/yr
State Average
$4,800
Texas avg/yr
Per $1,000 Value
$16.00
rate per $1K coverage
Cost Factors in Texas
hurricane riskPrimary
tornado riskContributing
severe hailContributing
floodingContributing
high litigationContributing
Top ProviderState Farm

Other Cities in Texas

See all insurance costs for TexasInvesting? Visit CapRateCity.com | Buying? Try MortgageMathLab.com | Relocating? Check TakeHomeTax.com
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