Home Insurance in Decatur, Texas
The median home value in Decatur is $284,500, 7% lower than the Wise County median.
The typical home in Decatur was built around 1988. About 23% of homes were built before 1960, about 12 points above Wise County's 11%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Decatur is 80% single-family homes, 12% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
55% of owner-occupied homes in Decatur carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 71% of occupied homes in Decatur are owner-occupied. The vacancy rate is 11%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
72% of homes in Decatur are primarily heated with electricity.
Wise County had 209 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is wildfire (Relatively Moderate). See the full Wise 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.
8 licensed insurance agencies serve this area.
Key figures
| Median home value | $284,500 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Wise County | 209 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Licensed insurance agencies in Decatur
- 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)
- 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)
- URIBE INSURANCE GROUP LLC, Decatur (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)