Home Insurance in Big Spring, Texas
Homes in Big Spring carry a median value of $140,200 - 10% lower than the Howard County median.
The typical home in Big Spring was built around 1963. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 43% of homes were built before 1960, about 5 points above Howard County's 38%.
The housing stock in Big Spring is 80% single-family homes, 14% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
45% of owner-occupied homes in Big Spring carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Big Spring has an owner-occupancy rate of 65% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Most homes in Big Spring - 55% - are primarily heated with natural gas.
Howard County had 67 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Howard County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).
7 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $140,200 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Howard County | 67 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Big Spring
- CALVIO INSURANCE AGENCY INC, Big Spring (General Lines Agency)
- CERVANTES INSURANCE AGENCY LLC, Big Spring (General Lines Agency)
- CHURCHWELL AGENCY,INC., Big Spring (General Lines Agency)
- KELLY NEWTON INSURANCE AGENCY INC, Big Spring (General Lines Agency)
- PARKS AGENCY INC, Big Spring (General Lines Agency)
- PIRKLE / WEIR INSURANCE AGENCY, INC., Big Spring (General Lines Agency)
- WESLEY BEAUCHAMP INSURANCE AGENCY, INC., Big Spring (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)