Home Insurance in Palisades, Texas
The median home value in Palisades is $267,200, 12% higher than the Randall County median.
The typical home in Palisades was built around 1975. About 23% of homes were built before 1960, about 10 points above Randall County's 13%. 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 Palisades is 84% single-family homes and 16% mobile or manufactured homes.
About 46% of owner-occupied homes in Palisades have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 20%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 99% of occupied homes in Palisades are owner-occupied.
In Palisades, 63% of homes are primarily heated with electricity.
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.
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 | $267,200 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 99% |
| Share of owner-occupied homes with a mortgage | 46% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Randall County | 313 |
| 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)