Home Insurance in McLean, Texas
With a median home value of $76,000, McLean is 26% lower than the Gray County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in McLean was built around 1952. About 72% of homes were built before 1960, about 23 points above Gray County's 49%.
The housing stock in McLean is 98% single-family homes and 2% mobile or manufactured homes.
In McLean, about 40% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
McLean has an owner-occupancy rate of 83% and a vacancy rate of 30%; unoccupied homes typically need a different coverage form.
67% of homes in McLean are primarily heated with natural gas.
FEMA rates Gray County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Gray County had 5 active NFIP flood policies as of September 2026. See the full Gray 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.
This area lists 2 licensed insurance agencies.
Key figures
| Median home value | $76,000 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Gray County | 5 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in McLean
- HALEY INSURANCE AND CONSULTING LLC, Mclean (General Lines Agency)
- IRON ORCHARD INSURANCE AGENCY, LLC, Mclean (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)