Home Insurance in Sherman, Texas
The median home value in Sherman is $243,500, close to the Grayson County median.
The typical home in Sherman was built around 1980. About 24% of homes were built before 1960, about 3 points above Grayson County's 20%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Sherman breaks down to 71% single-family homes, 20% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
55% of owner-occupied homes in Sherman carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Sherman has an owner-occupancy rate of 53% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
57% of homes in Sherman are primarily heated with electricity.
What's the biggest home insurance risk near Sherman? FEMA's National Risk Index points to hail (Relatively Moderate) in Grayson County and 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.
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 13 licensed insurance agencies.
Key figures
| Median home value | $243,500 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Grayson County | 332 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Sherman
- AMMERMAN INSURANCE AGENCY, LLC, Sherman (General Lines Agency)
- ASPECT INSURANCE SERVICES LLC, Sherman (General Lines Agency)
- ATIA ENTERPRISES, Sherman (General Lines Agency)
- CMRP, INC., Sherman (General Lines Agency)
- CORY HERNANDEZ INSURANCE AGENCY, INC., Sherman (General Lines Agency)
- CS&J LLC, Sherman (General Lines Agency)
- HEJNY ENTERPRISES LLC, Sherman (General Lines Agency)
- KIMBERLIN CONSULTING LLC, Sherman (General Lines Agency)
- SEGUROS CON BURGOS INSURANCE AGENCY LLC, Sherman (General Lines Agency)
- THE JAMMI PALMER AGENCY, LLC., Sherman (General Lines Agency)
- THE SANTOS AGENCY, LLC, Sherman (General Lines Agency)
- TJIA, LLC, Sherman (General Lines Agency)
- TURNER INSURANCE SOLUTIONS LLC, Sherman (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)