Average Homeowner Insurance Rates for McKinney, Texas
| Average Annual Insurance Rate |
| $2427 |
The Cheapest Homeowner Insurance Rates for McKinney, Texas
The Most Popular Home Insurance Providers in McKinney, Texas
Does credit score affect McKinney home insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$3044 |
| average |
$2427 |
| good |
$2120 |
Yes! Your credit rating can impact the price you pay for McKinney homeowners Insurance up to
$924 per year. Our analysis shows McKinney home insurance shoppers with poor credit will pay up to
44% higher rates than shoppers with good credit. Poor credit shoppers will pay rates that are
29% higher than people with average credit and average credit rate shoppers will pay
14% higher rates than shoppers with good credit.
Does Building Construction affect McKinney home insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$2065 |
| Stucco/Hardie |
$1925 |
| Brick Veneer |
$1877 |
Your home construction style may also impact the price you pay for McKinney homeowners Insurance up to
$188 per year. McKinney home insurance shoppers with frame style construction pay up to
10% higher rates than homes made with brick while homeowners with homes constructed with Stucco or Hardieboard will pay
3% higher rates than homes made with Brick Veneer.
Is homeowners insurance higher for older homes in McKinney?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$1343 |
| 10 Year(s) Old |
$1877 |
| 35 Year(s) Old |
$2151 |
Your home age impacts the price you pay for McKinney homeowners Insurance up to
$808 per year. McKinney home insurance shoppers with older homes pay
60% higher rates than new homes while homeowners with homes less than 30 years old will pay
40% higher rates than new construction homes.
