Home Insurance in Dripping Springs, Texas
The median home value in Dripping Springs is $635,600, 59% higher than the Hays County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Dripping Springs was built around 2013. About 0% of homes were built before 1960, about 4 points below Hays County's 4%.
Housing in Dripping Springs breaks down to 58% single-family homes, 29% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Dripping Springs, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 49% of occupied homes in Dripping Springs are owner-occupied.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Dripping Springs, 69% of homes are primarily heated with electricity.
FEMA rates Hays County's overall risk as Relatively Moderate, led by hail (Relatively High). Hays County had 1,734 active NFIP flood policies as of September 2026. See the full Hays 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).
10 licensed insurance agencies serve this area.
Key figures
| Median home value | $635,600 |
|---|---|
| Median year built | 2013 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Hays County | 1,734 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Dripping Springs
- ACTION UNDERWRITING LLC, Dripping Springs (General Lines Agency)
- CLN VENTURES CORPORATION, Dripping Springs (General Lines Agency)
- GTT INSURANCE L.L.C., Dripping Springs (General Lines Agency)
- KINCANNON INSURANCE AND FINANCIAL SERVICES, INC., Dripping Springs (General Lines Agency)
- KPJ INSURANCE AGENCY, INC., Dripping Springs (General Lines Agency)
- LAUREL TYLER, FARMERS INSURANCE AGENCY LLC, Dripping Springs (General Lines Agency)
- LENDPROTECT, LLC, Dripping Springs (General Lines Agency)
- MARK HANDLEY INSURANCE AGENCY, INC, Dripping Springs (General Lines Agency)
- SUMMIT RISK PARTNERS, LLC, Dripping Springs (General Lines Agency)
- TRINITY RIVER FINANCIAL INSURANCE AGENCY, LLC, Dripping Springs (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)