Home Insurance in New Waverly, Texas
The median home value in New Waverly is $162,500, 28% lower than the Walker County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in New Waverly was built around 1980. About 16% of homes were built before 1960, about 12 points above Walker County's 5%.
In New Waverly, the housing stock is 60% single-family homes, 1% apartments in buildings with 5+ units and 27% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 64% of owner-occupied homes in New Waverly have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 31%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 49% of occupied homes in New Waverly are owner-occupied.
Most homes in New Waverly - 55% - are primarily heated with electricity.
FEMA rates Walker County's overall risk as Relatively Low, led by tornado (Relatively High). Walker County had 475 active NFIP flood policies as of September 2026. See the full Walker County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
This area lists 5 licensed insurance agencies.
Key figures
| Median home value | $162,500 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Walker County | 475 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in New Waverly
- AFFORDABLE INDIVIDUAL MEDICAL INSURANCE AGENCY, INC., New Waverly (General Lines Agency)
- DOLLEY INSURANCE GROUP LLC, New Waverly (General Lines Agency)
- GREGORY INSURANCE SERVICES, LLC, New Waverly (General Lines Agency)
- RISK ASSURE GROUP, L.L.C., New Waverly (General Lines Agency)
- TEXAS PRIDE INSURANCE GROUP LLC, New Waverly (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)