Home Insurance in New Deal, Texas
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in New Deal was built around 1985. About 28% of homes were built before 1960, about 12 points above Lubbock County's 17%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in New Deal is 43% single-family homes and 57% mobile or manufactured homes.
In New Deal, about 52% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
New Deal has an owner-occupancy rate of 93% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
57% of homes in New Deal are primarily heated with electricity.
FEMA rates Lubbock County's overall risk as Relatively High, led by hail (Very High). Lubbock County had 932 active NFIP flood policies as of September 2026. See the full Lubbock 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).
Key figures
| Median year built | 1985 |
|---|---|
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Lubbock County | 932 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
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)