Home Insurance in Bovina, Texas
Homes in Bovina carry a median value of $113,700 - 22% lower than the Parmer County median.
The typical home in Bovina was built around 1972. About 27% of homes were built before 1960, about 2 points above Parmer County's 24%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Bovina is 77% single-family homes, 4% apartments in buildings with 5+ units and 18% mobile or manufactured homes.
13% of owner-occupied homes in Bovina carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 68% of occupied homes in Bovina are owner-occupied. The vacancy rate is 20%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Bovina - 66% - are primarily heated with natural gas.
What's the biggest home insurance risk near Bovina? FEMA's National Risk Index points to hail (Relatively Moderate) in Parmer County and Parmer County had 4 active NFIP flood policies as of September 2026. See the full Parmer 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 home value | $113,700 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 13% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Parmer County | 4 |
| 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)