Home Insurance in Fate, Texas

Homes in Fate carry a median value of $384,300 - 8% lower than the Rockwall County median.

The typical home in Fate was built around 2013. About 1% of homes were built before 1960, in line with Rockwall County (1%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Fate, the housing stock is 99% single-family homes.

79% of owner-occupied homes in Fate carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

Fate has an owner-occupancy rate of 92% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.

53% of homes in Fate are primarily heated with electricity.

Rockwall County's top FEMA-rated hazard is tornado (Relatively High), per FEMA's National Risk Index. Rockwall County had 179 active NFIP flood policies as of September 2026. See the full Rockwall County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).

5 licensed insurance agencies are listed for this area.

Key figures

Median home value$384,300
Median year built2013
Owner-occupied share92%
Share of owner-occupied homes with a mortgage79%
Top county hazardTornado (Relatively High)
Active NFIP policies in Rockwall County179
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Fate, TX

Licensed insurance agencies in Fate

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29