HomeInsuranceQts

Home Insurance in Addison, Texas

The median home value in Addison is $482,000, 59% higher than the Dallas 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 Addison was built around 1998. About 2% of homes were built before 1960, about 15 points below Dallas County's 17%.

The housing stock in Addison is 17% single-family homes and 73% apartments in buildings with 5+ units.

About 63% of owner-occupied homes in Addison have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 18% of occupied homes in Addison are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

78% of homes in Addison are primarily heated with electricity.

What's the biggest home insurance risk near Addison? FEMA's National Risk Index points to hail (Very High) in Dallas County and Dallas County had 6,674 active NFIP flood policies as of September 2026. See the full Dallas 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).

24 licensed insurance agencies serve this area.

Key figures

Median home value$482,000
Median year built1998
Owner-occupied share18%
Share of owner-occupied homes with a mortgage63%
Top county hazardHail (Very High)
Active NFIP policies in Dallas County6,674
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Addison, TX

Licensed insurance agencies in Addison

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

Nearby towns

Sources

Data last updated: 2026-09-29