Home Insurance in Gray County, Texas
Homes in Gray County carry a median value of $102,900 - 64% lower than the Texas median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Gray County was built around 1961. About 49% of homes were built before 1960, about 37 points above Texas's 12%.
In Gray County, the housing stock is 89% single-family homes, 6% apartments in buildings with 5+ units and 4% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Gray County, about 39% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Gray County has an owner-occupancy rate of 76% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
In Gray County, 69% of homes are primarily heated with natural gas.
Per FEMA's National Risk Index, Gray County's top hazards are wildfire (Relatively Moderate), hail (Relatively Moderate) and winter weather (Relatively High).
Gray County had 5 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.
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 9 licensed insurance agencies.
Key figures
| Median home value | $102,900 |
|---|---|
| Median year built | 1961 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively Moderate), Hail (Relatively Moderate), Winter Weather (Relatively High) |
| Active NFIP flood policies (county) | 5 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Towns and cities
Licensed insurance agencies in Gray County
- 5-A INSURANCE AGENCY, INC., Pampa (Pers Lines Prop and Cas Agency)
- 5-A INSURANCE AGENCY, INC., Pampa (General Lines Agency)
- CADE TAYLOR INSURANCE SERVICES, LLC, Pampa (General Lines Agency)
- GREAT RATES INSURE LLC, Pampa (General Lines Agency)
- HALEY INSURANCE AND CONSULTING LLC, Mclean (General Lines Agency)
- INSURICA DFB INSURANCE SERVICES, LLC, Pampa (General Lines Agency)
- IRON ORCHARD INSURANCE AGENCY, LLC, Mclean (General Lines Agency)
- LEGACY INS LLC, Pampa (General Lines Agency)
- WHITNEY INSURANCE AGENCY, INC., Pampa (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)