Welcome to Frisco, Texas—one of the fastest-growing suburbs in America and home to 237,324 residents as of 2025. If you've recently moved here or you're settling into a new home in one of Frisco's booming neighborhoods, you've probably noticed something: this isn't your typical Texas town. With a median household income of $146,158 and home values averaging nearly $674,000, Frisco families have significant assets to protect. That's where insurance comes in.
But here's what makes Frisco unique from an insurance perspective: you're living in what insurance professionals call 'Hail Alley.' In 2024 alone, Frisco experienced 30 hail events within 10 miles of the city center, with some stones measuring 2.5 inches in diameter. When you combine frequent severe weather with new construction homes, growing business districts, and thousands of daily commuters, you need insurance coverage that's tailored to this specific environment. This guide will walk you through everything you need to know about auto, home, and business insurance in Frisco.
Auto Insurance in Frisco: What You Need to Know
Texas is an at-fault state, which means if you cause an accident, you're responsible for the other driver's damages. The state requires minimum liability coverage of 30/60/25—that's $30,000 per person for injuries, $60,000 total per accident, and $25,000 for property damage. But here's the reality: these minimums won't cut it in Frisco.
Think about it this way: if you rear-end a new BMW 7 Series at a stoplight on Preston Road, the property damage alone could exceed $25,000. Add medical bills for even a minor injury, and you could be personally liable for tens of thousands of dollars above your policy limits. Most insurance agents in Frisco recommend at least 100/300/100 coverage, and many families opt for 250/500/100 or higher to match their asset levels.
Don't forget comprehensive coverage for hail damage. With 30+ hail events in 2024, your vehicle is at serious risk. Comprehensive coverage typically has a separate deductible (often $500 or $1,000), and filing a hail claim generally won't raise your rates since it's a weather event, not an at-fault accident. The average hail damage claim in North Texas runs around $12,000—far more than most families can afford out of pocket.
Home Insurance: Protecting Your Biggest Investment
Homeowners insurance in Frisco costs between $1,566 and $2,647 annually—about $130 to $220 per month. That's higher than the national average, and for good reason. Frisco sits squarely in Hail Alley, where warm Gulf moisture meets cool Rocky Mountain air from March through June, creating ideal conditions for severe thunderstorms with large hail.
The most important number on your policy isn't your premium—it's your hail deductible. Most Frisco policies have a wind/hail deductible of 1-2% of your dwelling coverage. On a home insured for $700,000, a 2% deductible means you'll pay the first $14,000 of repairs out of pocket. When the average hail claim in North Texas hovers around $12,000, that deductible becomes very real, very quickly.
Here's what surprised many Frisco homeowners in 2024: some major insurers stopped writing new policies in Texas entirely. Progressive, one of the largest carriers, paused new homeowners policies citing exposure to hail-prone states. This means shopping around is more important than ever. Work with an independent agent who has access to multiple carriers—you want options, especially as the market continues to shift.
If you're buying new construction—and many Frisco residents are—make sure your policy includes guaranteed replacement cost coverage. Construction costs accounted for a record 64% of new home prices in 2024, and if your home is damaged, you want enough coverage to rebuild completely, even if costs have increased since you bought. Also verify that your policy covers you during the construction phase if you're building from the ground up.
Business Insurance: Coverage for Frisco Entrepreneurs
Frisco's business community is thriving, and whether you're running a tech startup, a retail shop, or a professional services firm, you need the right insurance protection. Small business owners in Frisco typically pay between $500 and $3,000 annually for basic general liability coverage, though your actual cost depends on your industry, revenue, and specific risks.
General liability insurance is often your first step—it protects you if a customer slips and falls in your office or if your work accidentally damages a client's property. But for many Frisco businesses, a Business Owners Policy (BOP) makes more sense. A BOP bundles general liability, commercial property coverage, and business interruption insurance at a discounted rate, often saving you 20-30% compared to buying policies separately.
If your business owns vehicles, Texas requires commercial auto liability with the same 30/60/25 minimums as personal auto. But just like with personal coverage, those minimums aren't enough. One serious accident involving a company vehicle could bankrupt your business without adequate coverage. Consider commercial umbrella insurance to add an extra layer of protection above your primary policies—it's relatively inexpensive and can cover catastrophic losses.
Professional liability insurance (also called errors and omissions or E&O insurance) is crucial if you provide advice or professional services. This covers you if a client claims your work caused them financial harm. In Frisco's competitive business environment, even a groundless lawsuit can cost tens of thousands in legal fees—E&O insurance covers both your defense and any settlement or judgment.
Smart Insurance Strategies for Frisco Residents
Bundle your policies. Most carriers offer significant discounts—often 15-25%—when you combine auto and home insurance. Some even throw in umbrella coverage discounts when you bundle multiple policies.
Consider an umbrella policy. With home values near $674,000 and median incomes topping $146,000, many Frisco families have assets worth protecting beyond their basic liability limits. A $1 million umbrella policy typically costs $150-$300 per year and provides additional liability coverage across your auto, home, and other policies.
Review your coverage annually. Frisco's rapid growth means your insurance needs are changing too. That home you bought for $500,000 three years ago might cost $650,000 to rebuild today. Your small business might have doubled its revenue. Make sure your coverage keeps pace with your life.
Document everything before storm season. Take photos and videos of your home's exterior, your roof, your vehicles, and your belongings. Store them in the cloud so you have proof of your property's condition before any hail damage occurs. Texas law requires hail damage claims to be filed within one year of the storm date, so don't delay if damage occurs.
Getting Started with Insurance in Frisco
The best time to review your insurance is before you need it. Don't wait until hail is in the forecast or until you're closing on a new home. Start by gathering your current policies—auto, home, business, and any others you have. Look at your coverage limits, your deductibles, and your premiums.
Then, reach out to an independent insurance agent who serves Frisco. There are nearly 28 local agencies in the area, and independent agents can shop your coverage across multiple carriers to find the best combination of price and protection. Ask about discounts for bundling, for home security systems, for good driving records, and for paying your premium in full.
Living in Frisco means enjoying top-rated schools, a thriving economy, and a family-friendly community. But it also means preparing for hail storms, protecting significant assets, and making sure your growing business has the coverage it needs. With the right insurance strategy, you can enjoy everything Frisco offers while knowing you're protected against whatever Texas weather throws your way.
