Home Insurance in New London, Texas
With a median home value of $150,000, New London is 12% lower than the Rusk 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 New London was built around 1972. About 35% of homes were built before 1960, about 13 points above Rusk County's 23%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in New London is 78% single-family homes, 1% apartments in buildings with 5+ units and 20% mobile or manufactured homes.
In New London, about 43% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
New London has an owner-occupancy rate of 94% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
In New London, 59% of homes are primarily heated with natural gas.
Rusk County had 60 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Rusk 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 | $150,000 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 94% |
| Share of owner-occupied homes with a mortgage | 43% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Rusk County | 60 |
| 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)