Home Insurance in Canyon, Texas
Homes in Canyon carry a median value of $240,300 - close to the Randall County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Canyon was built around 1983. About 17% of homes were built before 1960, about 4 points above Randall County's 13%.
In Canyon, the housing stock is 66% single-family homes, 20% apartments in buildings with 5+ units and 6% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Canyon, about 55% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Canyon has an owner-occupancy rate of 54% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Canyon - 55% - are primarily heated with natural gas.
Randall County had 313 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Randall 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).
10 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $240,300 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Randall County | 313 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Canyon
- ASHLEY LITTLE INSURANCE AGENCY LLC, Canyon (General Lines Agency)
- C G F M, LLC, Canyon (General Lines Agency)
- CANYON INSURANCE ASSOCIATES INC, Canyon (General Lines Agency)
- CARTWRIGHT INSURANCE AGENCY, LLC, Canyon (General Lines Agency)
- DIAMOND M INSURANCE AGENCY, LLC, Canyon (General Lines Agency)
- DON MOORE INSURANCE SERVICES, LLC, Canyon (General Lines Agency)
- GRIGGS INSURANCE AGENCY, INC., Canyon (General Lines Agency)
- RAMPY INSURANCE SERVICES INC, Canyon (General Lines Agency)
- ROGER GIST INSURANCE AGENCY, LLC, Canyon (General Lines Agency)
- WARD INSURANCE AGENCY OF CANYON INC, Canyon (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)