HomeInsuranceQts

Home Insurance in Lubbock, Texas

Homes in Lubbock carry a median value of $212,400 - close to the Lubbock County median.

Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Lubbock was built around 1984. About 17% of homes were built before 1960, in line with Lubbock County (17%).

In Lubbock, the housing stock is 68% single-family homes, 22% apartments in buildings with 5+ units and 2% mobile or manufactured homes.

In Lubbock, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Lubbock has an owner-occupancy rate of 51% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.

In Lubbock, 54% of homes are primarily heated with electricity.

Lubbock County had 932 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Very High). See the full Lubbock 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 94 licensed insurance agencies.

Key figures

Median home value$212,400
Median year built1984
Owner-occupied share51%
Share of owner-occupied homes with a mortgage57%
Top county hazardHail (Very High)
Active NFIP policies in Lubbock County932
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Lubbock, TX

Licensed insurance agencies in Lubbock

...and 34 more licensed agencies.

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29