Home Insurance in Princeton, Texas
With a median home value of $331,000, Princeton is 30% lower than the Collin County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Princeton was built around 2014. About 2% of homes were built before 1960, in line with Collin County (2%).
In Princeton, the housing stock is 88% single-family homes, 5% apartments in buildings with 5+ units and 5% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
78% of owner-occupied homes in Princeton carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 76% of occupied homes in Princeton are owner-occupied. The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Princeton, 64% of homes are primarily heated with electricity.
Collin County had 1,589 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). 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).
3 licensed insurance agencies serve this area.
Key figures
| Median home value | $331,000 |
|---|---|
| Median year built | 2014 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 78% |
| 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 Princeton
- JOTEK INSURANCE GROUP LLC, Princeton (General Lines Agency)
- MARBLE FALLS INSURANCE AGENCY LLC, Princeton (General Lines Agency)
- WALKER INSURANCE SOLUTIONS, LLC, Princeton (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)