Home Insurance in Gorman, Texas
With a median home value of $75,300, Gorman is 44% lower than the Eastland County median.
The typical home in Gorman was built around 1951. About 66% of homes were built before 1960, about 20 points above Eastland County's 46%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Gorman is 72% single-family homes, 4% apartments in buildings with 5+ units and 9% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 13% of owner-occupied homes in Gorman have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Gorman has an owner-occupancy rate of 58% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
In Gorman, 71% of homes are primarily heated with natural gas.
Eastland County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Eastland County had 75 active NFIP flood policies as of September 2026. See the full Eastland 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).
This area lists 1 licensed insurance agencies.
Key figures
| Median home value | $75,300 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 58% |
| Share of owner-occupied homes with a mortgage | 13% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Eastland County | 75 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Gorman
- KOKOMO CONSULTING, LLC, Gorman (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)