Home Insurance in Farmers Branch, Texas
The median home value in Farmers Branch is $364,600, 20% higher than the Dallas County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Farmers Branch was built around 2001. About 13% of homes were built before 1960, about 4 points below Dallas County's 17%.
Housing in Farmers Branch breaks down to 47% single-family homes and 50% apartments in buildings with 5+ units.
62% of owner-occupied homes in Farmers Branch carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 42% of occupied homes in Farmers Branch are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Farmers Branch - 59% - are primarily heated with electricity.
What's the biggest home insurance risk near Farmers Branch? 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.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Texas carries a statewide average premium of $2,864 per year.
10 licensed insurance agencies serve this area.
Key figures
| Median home value | $364,600 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Dallas County | 6,674 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Farmers Branch
- BEAM INSURANCE AGENCY, INC., Farmers Branch (General Lines Agency)
- BLUEFIRE SPECIALTY INSURANCE SERVICES, LLC, Farmers Branch (General Lines Agency)
- FIVE STAR IA LLC, Farmers Branch (General Lines Agency)
- GLOBAL BROKERS INSURANCE SERVICES, LLC, Farmers Branch (General Lines Agency)
- HG RISK SOLUTIONS LLC, Farmers Branch (General Lines Agency)
- JULIANA VELEZ INSURANCE AGENCY INC, Farmers Branch (General Lines Agency)
- LA FAMILIA AGENCY LLC, Farmers Branch (General Lines Agency)
- LEVY INSURANCE AGENCY LLC, Farmers Branch (General Lines Agency)
- NATIONS INSURANCE BROKERS, LLC, Farmers Branch (General Lines Agency)
- SENADA INC, Farmers Branch (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)