Question 1

Does homeowners insurance cover tornado damage in Granbury?

Accepted Answer

Yes, standard Texas homeowners insurance includes wind and hail coverage, which protects against tornado damage. You don't need separate tornado insurance. However, you'll have a wind/hail deductible (typically 1-2% of your dwelling coverage) that you must pay before insurance kicks in, which can be $5,000-$7,000 or more depending on your home's value.

Question 2

Do I need flood insurance for a Lake Granbury waterfront home?

Accepted Answer

If you have a mortgage, your lender may require it based on FEMA flood maps—about 15% of lakefront properties nationwide fall into required zones. Even if it's not required, flood insurance is strongly recommended because standard homeowners policies don't cover water damage from flooding. Lake levels can rise during heavy rain, and without flood coverage, you'd pay for all damage out of pocket.

Question 3

How much does home insurance cost in Granbury compared to the rest of Texas?

Accepted Answer

Granbury homeowners pay an average of around $1,426 per year, which is significantly lower than the Texas average of $4,585. However, rates are rising quickly—Texas premiums increased 21% in 2023 and another 19% in 2024 due to severe weather losses. Your actual cost will depend on your home's value, age, construction type, and deductible choices.

Question 4

Are boat docks and detached garages automatically covered on my Granbury home insurance?

Accepted Answer

Not always. Some policies automatically cover detached structures up to 10% of your dwelling coverage, but others require you to specifically list each structure with its own coverage limit. Boat docks, boathouses, sheds, and guest houses should be explicitly itemized on your policy declarations page to ensure they're protected.

Question 5

What's the difference between a regular deductible and a wind/hail deductible?

Accepted Answer

Your standard deductible (typically $1,000-$2,500) applies to most claims like fire, theft, or vandalism. Your wind/hail deductible (usually 1-2% of dwelling coverage) only applies to wind and hail damage, which includes storms, tornadoes, and hurricanes. Many Texas insurers are shifting from 1% to 2% wind/hail deductibles, effectively doubling what you pay out of pocket for storm damage.

Question 6

Why are insurance companies nonrenewing policies in Granbury?

Accepted Answer

Texas experienced record hail and tornado activity in 2024, leading to massive claim payouts. Insurers are responding by nonrenewing policies in high-risk areas to limit their exposure—nonrenewal complaints in Texas more than doubled from 79 in 2023 to 190 in 2024. Granbury's hail history makes it a higher-risk area that some carriers are avoiding or limiting coverage in.

Insurance Agents in Granbury, Texas (TX)

Insurance agencies serving Granbury

AAIA - All American Insurance Associates

ALL-TEX Insurance Agency

Insurance Agents in Granbury, Texas (TX)

Insurance agencies serving Granbury

AAIA - All American Insurance Associates

ALL-TEX Insurance Agency

American Truck Insurance

Insco Insurance Agency

Insurnorth Corp

Insurnorth Corp

Justin Insurance

Patriot Insurance Services

Simco Insurance

Insurance Guides for Granbury

Home Insurance in Granbury

Auto Insurance in Granbury

Insurance Guide for Granbury

Frequently asked questions