Home Insurance in Rhome, Texas
The median home value in Rhome is $260,100, 15% lower than the Wise County median.
The typical home in Rhome was built around 2002. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 8% of homes were built before 1960, about 3 points below Wise County's 11%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Rhome is 69% single-family homes, 4% apartments in buildings with 5+ units and 24% mobile or manufactured homes.
In Rhome, about 81% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 88% of occupied homes in Rhome are owner-occupied.
76% of homes in Rhome are primarily heated with electricity.
FEMA rates Wise County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). 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 serve this area.
Key figures
| Median home value | $260,100 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 81% |
| 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 Rhome
- REDWOOD RISK PARTNERS LLC, Rhome (General Lines Agency)
- TAP INSURANCE AGENCY PLLC, Rhome (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)