Home Insurance in Boyd, Texas

The median home value in Boyd is $264,900, 13% lower than the Wise County median.

The typical home in Boyd was built around 1983. About 27% of homes were built before 1960, about 16 points above Wise County's 11%. 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 Boyd is 74% single-family homes, 3% apartments in buildings with 5+ units and 14% mobile or manufactured homes.

About 49% of owner-occupied homes in Boyd have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Boyd has an owner-occupancy rate of 77% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.

Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Boyd, 64% of homes are primarily heated with electricity.

What's the biggest home insurance risk near Boyd? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Wise County and Wise County had 209 active NFIP flood policies as of September 2026. See the full Wise 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).

2 licensed insurance agencies are listed for this area.

Key figures

Median home value$264,900
Median year built1983
Owner-occupied share77%
Share of owner-occupied homes with a mortgage49%
Top county hazardWildfire (Relatively Moderate)
Active NFIP policies in Wise County209
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Boyd, TX

Licensed insurance agencies in Boyd

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29