Home Insurance in Meadow, Texas
Homes in Meadow carry a median value of $80,900 - 23% lower than the Terry County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Meadow was built around 1963. About 42% of homes were built before 1960, about 3 points above Terry County's 39%.
In Meadow, the housing stock is 77% single-family homes and 23% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 15% of owner-occupied homes in Meadow have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 19%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Meadow are owner-occupied.
In Meadow, 66% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Meadow? FEMA's National Risk Index points to hail (Relatively High) in Terry County and Terry County had 10 active NFIP flood policies as of September 2026. See the full Terry 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 | $80,900 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 15% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Terry County | 10 |
| 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)