Home Insurance in Mercedes, Texas
Homes in Mercedes carry a median value of $111,800 - 21% lower than the Hidalgo 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 Mercedes was built around 1991. About 15% of homes were built before 1960, about 11 points above Hidalgo County's 4%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Mercedes is 62% single-family homes, 6% apartments in buildings with 5+ units and 14% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
36% of owner-occupied homes in Mercedes carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 63% of occupied homes in Mercedes are owner-occupied. The vacancy rate is 14%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
88% of homes in Mercedes are primarily heated with electricity.
Hidalgo County had 9,570 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hurricane (Very High). See the full Hidalgo 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.
3 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $111,800 |
|---|---|
| Median year built | 1991 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 36% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Hidalgo County | 9,570 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Mercedes
- A. ALANIZ INSURANCE AND FINANCIAL SERVICES P.L.L.C., Mercedes (General Lines Agency)
- CAREBAN INSURANCE GROUP LLC, Mercedes (General Lines Agency)
- TEXAS VALLEY INSURANCE AGENCIES, LLC, Mercedes (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)