Home Insurance in Floyd County, Texas
Homes in Floyd County carry a median value of $89,600 - 68% lower than the Texas median.
The typical home in Floyd County was built around 1962. About 45% of homes were built before 1960, about 33 points above Texas's 12%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Floyd County is 92% single-family homes and 2% mobile or manufactured homes.
21% of owner-occupied homes in Floyd County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Floyd County has an owner-occupancy rate of 73% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
53% of homes in Floyd County are primarily heated with natural gas.
FEMA's National Risk Index lists hail (Relatively High), wildfire (Relatively Low) and winter weather (Relatively Low) as the leading hazards for Floyd County.
Floyd County had 3 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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.
This area lists 4 licensed insurance agencies.
Key figures
| Median home value | $89,600 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 21% |
| Top hazards (FEMA National Risk Index) | Hail (Relatively High), Wildfire (Relatively Low), Winter Weather (Relatively Low) |
| Active NFIP flood policies (county) | 3 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Towns and cities
Licensed insurance agencies in Floyd County
- ASSITER AG-RISK, L.L.C., Floydada (General Lines Agency)
- ASSITER INSURANCE AGENCY, L.L.C., Floydada (General Lines Agency)
- J & K INSURANCE AGENCY INC, Lockney (General Lines Agency)
- QUALITY RISK MANAGEMENT SOLUTIONS, LLC, Floydada (General Lines Agency)
Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt
Sources
- 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)