Home Insurance in Panhandle, Texas

With a median home value of $161,000, Panhandle is 13% higher than the Carson County median.

The typical home in Panhandle was built around 1958. About 54% of homes were built before 1960, about 3 points above Carson County's 51%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

In Panhandle, the housing stock is 83% single-family homes, 5% apartments in buildings with 5+ units and 6% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

47% of owner-occupied homes in Panhandle carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Panhandle are owner-occupied.

74% of homes in Panhandle are primarily heated with natural gas.

FEMA rates Carson County's overall risk as Very Low, led by wildfire (Relatively Low). Carson County had 9 active NFIP flood policies as of September 2026. See the full Carson 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).

This area lists 2 licensed insurance agencies.

Key figures

Median home value$161,000
Median year built1958
Owner-occupied share77%
Share of owner-occupied homes with a mortgage47%
Top county hazardWildfire (Relatively Low)
Active NFIP policies in Carson County9
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Panhandle, TX

Licensed insurance agencies in Panhandle

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29