Home Insurance in Palo Pinto County, Texas
The median home value in Palo Pinto County is $198,000, 30% lower than the Texas median.
The typical home in Palo Pinto County was built around 1979. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 24% of homes were built before 1960, about 12 points above Texas's 12%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Palo Pinto County is 73% single-family homes, 5% apartments in buildings with 5+ units and 16% mobile or manufactured homes.
39% of owner-occupied homes in Palo Pinto County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 71% of occupied homes in Palo Pinto County are owner-occupied. The vacancy rate is 26%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Palo Pinto County - 58% - are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
The top hazards for Palo Pinto County, per FEMA's National Risk Index, are hail (Relatively Moderate), wildfire (Relatively Moderate) and strong wind (Relatively Moderate).
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Palo Pinto County has 155 active NFIP flood policies on file.
In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).
9 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $198,000 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top hazards (FEMA National Risk Index) | Hail (Relatively Moderate), Wildfire (Relatively Moderate), Strong Wind (Relatively Moderate) |
| Active NFIP flood policies (county) | 155 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Towns and cities
Licensed insurance agencies in Palo Pinto County
- APRIL MARTIN INS AGCY, INC., Mineral Wells (General Lines Agency)
- CHESTNUT INSURANCE AGENCY, LLC, Mineral Wells (General Lines Agency)
- COMMERCIAL SHIELD INSURANCE, LLC, Mineral Wells (General Lines Agency)
- CULVER COMMERCIAL INSURANCE SERVICES, LLC, Mineral Wells (General Lines Agency)
- E STRANGE HOLDINGS LLC, Mineral Wells (General Lines Agency)
- PLATINUM INSURANCE AGENCY LLC, Graford (General Lines Agency)
- THE BUTLER AGENCY, INC., Mineral Wells (General Lines Agency)
- THE FINK INSURANCE AGENCY LLC, Mineral Wells (General Lines Agency)
- TY HARTLEY INSURANCE AGENCY LLC, Mineral Wells (General Lines Agency)
Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt
Sources
- 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)