HomeInsuranceQts

Home Insurance in Plano, Texas

Homes in Plano carry a median value of $465,900 - close to the Collin County median.

The typical home in Plano was built around 1993. About 1% of homes were built before 1960, in line with Collin County (2%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

The housing stock in Plano is 64% single-family homes and 32% apartments in buildings with 5+ units.

In Plano, about 60% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 57% of occupied homes in Plano are owner-occupied. The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

Most homes in Plano - 51% - are primarily heated with electricity.

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.

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 201 licensed insurance agencies.

Key figures

Median home value$465,900
Median year built1993
Owner-occupied share57%
Share of owner-occupied homes with a mortgage60%
Top county hazardTornado (Very High)
Active NFIP policies in Collin County1,589
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Plano, TX

Licensed insurance agencies in Plano

...and 141 more licensed agencies.

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

Nearby towns

Sources

Data last updated: 2026-09-29