Home Insurance in Palestine, Texas
Homes in Palestine carry a median value of $166,000 - 10% lower than the Anderson County median.
The typical home in Palestine was built around 1976. About 22% of homes were built before 1960, about 6 points above Anderson County's 17%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Palestine is 70% single-family homes, 18% apartments in buildings with 5+ units and 7% mobile or manufactured homes.
44% of owner-occupied homes in Palestine carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 55% of occupied homes in Palestine are owner-occupied. The vacancy rate is 13%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
64% of homes in Palestine are primarily heated with electricity.
Anderson County had 48 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively High). See the full Anderson County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
8 licensed insurance agencies serve this area.
Key figures
| Median home value | $166,000 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Anderson County | 48 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Palestine
- BROWN-MCCANN INSURANCE AGENCY, Palestine (General Lines Agency)
- DABB LLC, Palestine (Pers Lines Prop and Cas Agency)
- DOGWOOD INSURANCE AGENCY, LLC, Palestine (General Lines Agency)
- EAST TEXAS AFFORDABLE INSURANCE, Palestine (General Lines Agency)
- ERNIE WILLIAMS INSURANCE AGENCY LLC, Palestine (General Lines Agency)
- JONATHAN HUMBER INSURANCE AGENCY LLC, Palestine (General Lines Agency)
- LIMITLESS INSURANCE GROUP, LIMITED LIABILITY COMPANY, Palestine (General Lines Agency)
- MCMAHAN & GRIMSLEY INSURANCE AGENCY, LLC, Palestine (General Lines Agency)
Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)
- Texas Department of Insurance - licensed agencies (2026)