HomeInsuranceQts

Home Insurance in Amarillo, Texas

With a median home value of $196,900, Amarillo is 34% higher than the Potter County median.

Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Amarillo was built around 1973. About 32% of homes were built before 1960, about 13 points below Potter County's 45%.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Amarillo is 74% single-family homes, 18% apartments in buildings with 5+ units and 3% mobile or manufactured homes.

54% of owner-occupied homes in Amarillo carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

Amarillo has an owner-occupancy rate of 60% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.

63% of homes in Amarillo are primarily heated with natural gas.

What's the biggest home insurance risk near Amarillo? FEMA's National Risk Index points to winter weather (Very High) in Potter County and Potter County had 196 active NFIP flood policies as of September 2026. See the full Potter 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.

69 licensed insurance agencies are listed for this area.

Key figures

Median home value$196,900
Median year built1973
Owner-occupied share60%
Share of owner-occupied homes with a mortgage54%
Top county hazardWinter Weather (Very High)
Active NFIP policies in Potter County196
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Amarillo, TX

Licensed insurance agencies in Amarillo

...and 9 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