Home Insurance in Krum, Texas
Homes in Krum carry a median value of $336,500 - 23% lower than the Denton County median.
The typical home in Krum was built around 2005. About 1% of homes were built before 1960, about 2 points below Denton County's 3%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Krum, the housing stock is 92% single-family homes and 6% apartments in buildings with 5+ units.
87% of owner-occupied homes in Krum carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 76% of occupied homes in Krum are owner-occupied. The vacancy rate is 1%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Krum, 66% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Krum? FEMA's National Risk Index points to tornado (Very High) in Denton County and Denton County had 2,159 active NFIP flood policies as of September 2026. See the full Denton 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.
1 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $336,500 |
|---|---|
| Median year built | 2005 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 87% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Denton County | 2,159 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Krum
- PATTON INSURANCE AGENCY, LLC, Krum (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)