Home Insurance in Bishop Hills, Texas
The median home value in Bishop Hills is $322,900, 119% higher than the Potter County median.
The typical home in Bishop Hills was built around 1969. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 9% of homes were built before 1960, about 36 points below Potter County's 45%.
In Bishop Hills, the housing stock is 100% single-family homes.
52% of owner-occupied homes in Bishop Hills carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 99% of occupied homes in Bishop Hills are owner-occupied.
Most homes in Bishop Hills - 75% - are primarily heated with natural gas.
FEMA rates Potter County's overall risk as Relatively Moderate, led by winter weather (Very High). 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.
Key figures
| Median home value | $322,900 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 99% |
| Share of owner-occupied homes with a mortgage | 52% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Potter County | 196 |
| 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)