Home Insurance in Wise County, Texas
Homes in Wise County carry a median value of $304,900 - 7% higher than the Texas median.
The typical home in Wise County was built around 1996. About 11% of homes were built before 1960, about 2 points below Texas's 12%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Wise County is 72% single-family homes, 2% apartments in buildings with 5+ units and 22% mobile or manufactured homes.
About 55% of owner-occupied homes in Wise County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 81% of occupied homes in Wise County are owner-occupied.
75% of homes in Wise County are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
The top hazards for Wise County, per FEMA's National Risk Index, are wildfire (Relatively Moderate), hail (Relatively Moderate) and tornado (Relatively Moderate).
As of September 2026, Wise County has 209 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
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.
19 licensed insurance agencies are listed for this area.
Key figures
| Median home value | $304,900 |
|---|---|
| Median year built | 1996 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively Moderate), Hail (Relatively Moderate), Tornado (Relatively Moderate) |
| Active NFIP flood policies (county) | 209 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Towns and cities
- Alvord
- Aurora
- Boyd
- Bridgeport
- Chico
- Decatur
- Lake Bridgeport
- New Fairview
- Newark
- Paradise
- Rhome
- Runaway Bay
Licensed insurance agencies in Wise County
- CTS INSURANCE GROUP LLC, Bridgeport (General Lines Agency)
- ELYS SERVICES & INSURANCE AGENCY LLC, Paradise (General Lines Agency)
- GARY S BASS INC, Chico (General Lines Agency)
- GUTIERREZ INSURANCE AGENCY INC., Newark (General Lines Agency)
- HUSTON INSURANCE AGENCY LLC, Decatur (General Lines Agency)
- KRIS HANDLON, LLC, Decatur (General Lines Agency)
- OUTLAND AGENCY INCORPORATED, Decatur (General Lines Agency)
- REDBIRD INSURANCE AGENCY LLC, Decatur (General Lines Agency)
- REDWOOD RISK PARTNERS LLC, Rhome (General Lines Agency)
- RONNIE BAY USELTON INS AGENCY INC, Decatur (General Lines Agency)
- SANDY CREEK AGENCY LLC, Decatur (General Lines Agency)
- STEPHENS BASTIAN & CARTWRIGHT, LP., Decatur (General Lines Agency)
- TAP INSURANCE AGENCY PLLC, Rhome (General Lines Agency)
- THE BASS INSURANCE CONNECTION, Chico (General Lines Agency)
- THE KAKER AGENCY LLP, Bridgeport (General Lines Agency)
- THE MOSLEY GROUP LLC, Boyd (General Lines Agency)
- TRANZRICO, LLC, Newark (General Lines Agency)
- URIBE INSURANCE GROUP LLC, Decatur (General Lines Agency)
- WISE INSURANCE ADVISORS LLC, Boyd (General Lines Agency)
Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt
Sources
- 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)