Home Insurance in Elgin, Texas
The median home value in Elgin is $326,400, close to the Bastrop County median.
The typical home in Elgin was built around 1990. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 16% of homes were built before 1960, about 7 points above Bastrop County's 10%.
The housing stock in Elgin is 88% single-family homes, 3% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
65% of owner-occupied homes in Elgin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Elgin has an owner-occupancy rate of 71% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Most homes in Elgin - 62% - are primarily heated with electricity.
FEMA rates Bastrop County's overall risk as Relatively Moderate, led by tornado (Relatively High). Bastrop County had 497 active NFIP flood policies as of September 2026. See the full Bastrop County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).
This area lists 3 licensed insurance agencies.
Key figures
| Median home value | $326,400 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Bastrop County | 497 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Elgin
- BRIGHT SIDE INSURANCE GROUP, LLC, Elgin (General Lines Agency)
- CONFIANZA INSURANCE & TITLE SERVICES LLC, Elgin (General Lines Agency)
- RBANDA LLC, Elgin (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)