If you're buying a home in Frisco, you've probably noticed two things: the city is growing like crazy, and homeowners insurance isn't exactly cheap. The good news? Frisco's insurance landscape has some unique advantages, especially if you're looking at newer construction. The challenge? Understanding how North Texas weather patterns—particularly those spring hailstorms—will affect your wallet.
Here's what you need to know about homeowners insurance costs in Frisco, from what you'll actually pay to how living in one of those master-planned communities can work in your favor.
What You'll Actually Pay in Frisco
Let's start with the numbers. Homeowners insurance in Frisco typically runs between $1,566 and $2,647 per year—that's about $130 to $220 per month. To put that in perspective, you're looking at costs that are more affordable than what homeowners pay in Houston or Corpus Christi, but definitely higher than the national average.
Why the range? Your actual premium depends on several factors: your home's value, its age, the materials it's built with, your coverage limits, your chosen deductible, and your claims history. A brand-new home in one of Frisco's master-planned communities will cost less to insure than a 20-year-old home with an aging roof.
It's worth noting that Texas as a whole has seen insurance rates climb dramatically. Premiums rose 21% in 2023 and another 19% in 2024, making Texas the fifth most expensive state for homeowners insurance. The statewide average is now around $3,851 annually for $300,000 in dwelling coverage, so Frisco residents are actually getting a relative bargain compared to other parts of the state.
The New Construction Advantage
Here's where Frisco homeowners can catch a break: if you're buying new construction, you're likely to qualify for significant discounts. Insurance companies love new homes, and for good reason. A home that's less than 10 years old typically has a newer roof, updated electrical systems, and modern plumbing—all of which dramatically reduce the likelihood of claims.
Given that Frisco is one of the fastest-growing cities in the country with thousands of new homes being built each year, this is a real advantage for many buyers. When you're shopping for insurance, make absolutely sure your agent applies the new home discount to your policy. This isn't always automatic, and it can save you hundreds of dollars annually.
If you're building or buying new, consider upgrading to impact-resistant roofing materials. The upfront cost is higher, but the homeowners insurance discount can be substantial and permanent—you'll see savings for decades. In Texas, where hail damage claims are a major issue, this upgrade can pay for itself over time.
Understanding Frisco's Hail and Wind Exposure
Let's talk about the elephant in the room: hail. Frisco sits right in the bullseye of the North Texas hail track, especially during spring storm season. Hail is the number one claim type in Frisco, and the average hail damage claim in North Texas hovers around $12,000—higher than national averages due to storm severity and property values.
This is why wind and hail coverage is absolutely essential in Frisco. The good news is that if you live anywhere in Texas except along the coast, you probably already have wind and hail coverage included in your homeowners policy. This typically covers roof damage, window breakage, and siding repairs from hail and wind events.
What you need to pay close attention to is your deductible. Many Texas homeowners are seeing their storm deductibles jump from 1% to 2% of their home's insured value. For a home insured at $350,000, that's the difference between a $3,500 deductible and a $7,000 deductible. Insurance companies are shifting more financial risk back to homeowners to control claim costs, so you need to understand what you'd owe out-of-pocket after a major hail event.
Texas experienced 20 billion-dollar disasters in 2024 alone, indicating just how severe the weather risk has become. This is driving up everyone's premiums, but it also means having the right coverage and deductible structure is more important than ever.
Master-Planned Community Considerations
Frisco is famous for its master-planned communities, and living in one can actually work in your favor when it comes to insurance. These communities are designed with built-in risk-reduction features that enhance safety and can lower the likelihood of claims.
Many master-planned communities include thoughtfully planned infrastructure to minimize damage from extreme weather: elevated roadways, underground utilities, and advanced stormwater management systems. The strategically planned green spaces can help mitigate flooding, while modern building codes enhance structural durability. About 7% of buildings in Frisco face significant flood risk, so these drainage and stormwater features aren't just nice to have—they're genuinely protective.
Additionally, many of these communities have security features like gated entries and neighborhood watch programs. If your master-planned community has a monitored security system or you install one in your home, you can save up to 20% on your homeowners insurance. Combined with the new construction discounts many of these homes qualify for, you're looking at potentially significant savings.
How to Lower Your Premiums
Even with Frisco's favorable position in the Texas insurance market, you'll want to take every discount you can get. Here are the most effective ways to reduce your premiums:
Bundling your home and auto insurance is the easiest win. Most insurers offer 15-25% discounts when you combine policies, which can translate to hundreds of dollars in annual savings. If you haven't gotten a bundled quote recently, you're probably leaving money on the table.
Maintaining a claims-free record matters more than most people realize. If you haven't filed a claim in the last three years, you likely qualify for a claims-free discount that increases the longer you go without filing. This is why it's often wise to pay out-of-pocket for smaller repairs rather than filing a claim that could cost you more in premium increases over time.
Installing a security system can save you up to 20% depending on your insurer and the type of system. Even basic monitored alarm systems often qualify for discounts. Given that Frisco is generally a safe community, the theft protection may be secondary to the insurance savings.
Finally, shop around annually. The insurance market in Texas is volatile right now, and rates can vary significantly between companies. What was the best rate last year might not be competitive this year. Getting multiple quotes takes time, but it's the single most effective way to ensure you're not overpaying.
Getting Your Coverage Right
One critical mistake many Frisco homeowners make is confusing their home's market value with the cost to rebuild it. Your dwelling coverage should equal the cost to rebuild your home from the ground up, not what you could sell it for. In Frisco, given current construction costs and median home values, you're typically looking at $300,000 to $600,000 or more in dwelling coverage.
This number should increase over time as construction costs rise. Many policies include inflation protection that automatically adjusts your coverage, but you should still review your dwelling coverage annually to make sure it keeps pace with actual rebuilding costs.
Don't forget about flood insurance. While 7% of Frisco buildings face significant flood risk, many homeowners assume they're not in a flood zone and skip this coverage. Standard homeowners policies don't cover flood damage, so if your home is anywhere near a creek or drainage area, seriously consider adding a separate flood policy through the National Flood Insurance Program.
Homeowners insurance in Frisco doesn't have to break the bank, especially if you're strategic about discounts and coverage. Take advantage of new construction benefits, understand your hail exposure, leverage master-planned community features, and shop around regularly. The right policy protects your investment without costing more than necessary—and in a city growing as fast as Frisco, that peace of mind is worth its weight in gold.
