Home Insurance in Richland Hills, Texas
The median home value in Richland Hills is $248,100, 23% lower than the Tarrant County median.
The typical home in Richland Hills was built around 1959. About 55% of homes were built before 1960, about 42 points above Tarrant County's 13%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Richland Hills, the housing stock is 78% single-family homes, 11% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Richland Hills, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 63% of occupied homes in Richland Hills are owner-occupied.
In Richland Hills, 51% of homes are primarily heated with electricity.
Tarrant County had 5,647 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Very High). See the full Tarrant 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).
1 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $248,100 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Tarrant County | 5,647 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Richland Hills
- ANOVA BENEFITS MANAGEMENT INC, Richland Hills (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)