Home Insurance in Wood County, Texas

Homes in Wood County carry a median value of $216,500 - 24% lower than the Texas median.

The typical home in Wood County was built around 1990. About 11% of homes were built before 1960, about 1 point below Texas's 12%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

The housing stock in Wood County is 75% single-family homes, 4% apartments in buildings with 5+ units and 16% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

In Wood County, about 40% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Wood County has an owner-occupancy rate of 80% and a vacancy rate of 17%; unoccupied homes typically need a different coverage form.

In Wood County, 74% of homes 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.

FEMA's National Risk Index lists strong wind (Relatively High), hail (Relatively Moderate) and wildfire (Relatively Low) as the leading hazards for Wood County.

Wood County had 69 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.

In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).

16 licensed insurance agencies serve this area.

Key figures

Median home value$216,500
Median year built1990
Owner-occupied share80%
Share of owner-occupied homes with a mortgage40%
Top hazards (FEMA National Risk Index)Strong Wind (Relatively High), Hail (Relatively Moderate), Wildfire (Relatively Low)
Active NFIP flood policies (county)69
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)

Towns and cities

Licensed insurance agencies in Wood County

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

Sources