Home Insurance in Bay City, Texas
With a median home value of $160,800, Bay City is 7% lower than the Matagorda County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Bay City was built around 1979. About 18% of homes were built before 1960, about 3 points below Matagorda County's 20%.
In Bay City, the housing stock is 58% single-family homes, 22% apartments in buildings with 5+ units and 8% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 41% of owner-occupied homes in Bay City have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 46% of occupied homes in Bay City are owner-occupied. The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Bay City - 63% - are primarily heated with electricity.
FEMA rates Matagorda County's overall risk as Relatively Low, led by hurricane (Relatively High). Matagorda County had 2,554 active NFIP flood policies as of September 2026. See the full Matagorda 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.
7 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $160,800 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 46% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Hurricane (Relatively High) |
| Active NFIP policies in Matagorda County | 2,554 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Bay City
- ALLISON P&C LLC, Bay City (General Lines Agency)
- AMANDA BISHOP INSURANCE SERVICES LLC, Bay City (General Lines Agency)
- CLANTON ENTERPRISES, LLC, Bay City (General Lines Agency)
- DERRICK LOGAN INSURANCE SERVICES, INC., Bay City (General Lines Agency)
- DOUG LIGHT LLC, Bay City (General Lines Agency)
- FOSS HARDY AND ARBUCKLE INS AGCY INC, Bay City (General Lines Agency)
- JACK HOLLISTER INSURANCE AGENCY INC, Bay City (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)