Home Insurance in Lancaster, Texas
With a median home value of $246,300, Lancaster is 19% lower than the Dallas County median.
The typical home in Lancaster was built around 1991. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 12% of homes were built before 1960, about 5 points below Dallas County's 17%.
The housing stock in Lancaster is 83% single-family homes, 13% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Lancaster, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 68% of occupied homes in Lancaster are owner-occupied.
Most homes in Lancaster - 65% - are primarily heated with electricity.
What's the biggest home insurance risk near Lancaster? 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.
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).
8 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $246,300 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 64% |
| 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 Lancaster
- A-PLUS FINANCIAL GROUP, INC, Lancaster (General Lines Agency)
- CASSANDRA PRESTON INSURANCE AND FINANCIAL SERVICES, INC., Lancaster (General Lines Agency)
- FINANCIAL FREEDOM MARKETING AND INVESTING COMPANY LLC, Lancaster (General Lines Agency)
- JBH INSURANCE GROUP PLLC, Lancaster (General Lines Agency)
- KEN ALLEN INSURANCE AGENCY, Lancaster (Pers Lines Prop and Cas Agency)
- LOUIS TAYLOR INSURANCE AGENCY INC, Lancaster (General Lines Agency)
- MARIO LOPEZ INSURANCE SERVICES LLC, Lancaster (General Lines Agency)
- PROXIMITY LEGACY INSURANCE SERVICES LLC, Lancaster (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)