Home Insurance in Kermit, Texas
The median home value in Kermit is $151,600, close to the Winkler County median.
The typical home in Kermit was built around 1968. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 27% of homes were built before 1960, about 1 point above Winkler County's 26%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Kermit is 89% single-family homes, 3% apartments in buildings with 5+ units and 7% mobile or manufactured homes.
About 24% of owner-occupied homes in Kermit have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Kermit has an owner-occupancy rate of 85% and a vacancy rate of 17%; unoccupied homes typically need a different coverage form.
59% of homes in Kermit are primarily heated with natural gas.
What's the biggest home insurance risk near Kermit? FEMA's National Risk Index points to wildfire (Very Low) in Winkler County and Winkler County has no active NFIP flood policies on file. See the full Winkler 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).
Key figures
| Median home value | $151,600 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 24% |
| Top county hazard | Wildfire (Very Low) |
| 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)