Home Insurance in Hico, Texas
The median home value in Hico is $176,700, 20% higher than the Hamilton County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Hico was built around 1969. About 34% of homes were built before 1960, about 10 points below Hamilton County's 44%.
Housing in Hico breaks down to 86% single-family homes, 2% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Hico, about 47% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hico has an owner-occupancy rate of 77% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
In Hico, 50% of homes are primarily heated with electricity.
FEMA rates Hamilton County's overall risk as Very Low, led by wildfire (Relatively Low). Hamilton County had 7 active NFIP flood policies as of September 2026. See the full Hamilton 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 1 licensed insurance agencies.
Key figures
| Median home value | $176,700 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 47% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Hamilton County | 7 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Hico
- GIESSNER INSURANCE AGENCY, LLC, Hico (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)