Home Insurance in Collinsville, Texas
The median home value in Collinsville is $241,700, close to the Grayson County median.
The typical home in Collinsville was built around 1987. About 15% of homes were built before 1960, about 5 points below Grayson County's 20%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Collinsville is 84% single-family homes and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 71% of owner-occupied homes in Collinsville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Collinsville has an owner-occupancy rate of 61% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Collinsville, 72% of homes are primarily heated with electricity.
FEMA rates Grayson County's overall risk as Relatively Low, led by hail (Relatively Moderate). Grayson County had 332 active NFIP flood policies as of September 2026. See the full Grayson 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.
Key figures
| Median home value | $241,700 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 61% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Grayson County | 332 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
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)