Home Insurance in Melissa, Texas
The median home value in Melissa is $454,000, close to the Collin County median.
The typical home in Melissa was built around 2015. About 1% of homes were built before 1960, about 1 point below Collin County's 2%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Melissa is 93% single-family homes, 4% apartments in buildings with 5+ units and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
82% of owner-occupied homes in Melissa carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 89% of occupied homes in Melissa are owner-occupied.
59% of homes in Melissa are primarily heated with natural gas.
Collin County's top FEMA-rated hazard is tornado (Very High), per FEMA's National Risk Index. Collin County had 1,589 active NFIP flood policies as of September 2026. See the full Collin 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).
4 licensed insurance agencies serve this area.
Key figures
| Median home value | $454,000 |
|---|---|
| Median year built | 2015 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 82% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Collin County | 1,589 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Melissa
- BARRERA INNOVATIVE FINANCIAL SOLUTIONS GROUP L.L.C., Melissa (Pers Lines Prop and Cas Agency)
- BARRERA INNOVATIVE FINANCIAL SOLUTIONS GROUP L.L.C., Melissa (General Lines Agency)
- CLAXTON INSURANCE AGENCY, LLC, Melissa (General Lines Agency)
- PAXMAN INSURANCE AGENCY INC, Melissa (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)