In Waco, Nationwide offers the best home insurance, providing affordability, customer service and coverage options. If you're focused on cost, Farmers has the lowest premium at around $302 per month.
Cheap Home Insurance in Waco
Updated: June 8, 2025
Advertising & Editorial Disclosure
Key Takeaways
Nationwide is the best overall home insurance company in Waco, while Farmers is the cheapest at around $3,619 per year.
Home insurance in Waco costs an average of $559 per month or $6,710 per year for most homeowners.
To get the best and cheapest home insurance in Waco, determine your coverage needs, research costs and companies, and compare multiple quotes on an apples-to-apples basis.
Best Cheap Home Insurance Companies in Waco
| Nationwide | 89 | $429 | $5,145 |
| State Farm | 88 | $375 | $4,503 |
| Amica | 87 | $649 | $7,790 |
| Farmers | 86 | $302 | $3,619 |
| Chubb | 74 | $1,041 | $12,495 |
*Rates are for a 2,500-square-foot home with $250,000 in dwelling coverage and a $1,000 deductible, built in 2000.
How Much Does Waco Home Insurance Cost?
Home insurance costs in Waco fluctuate based on your profile, coverage and home specifics. Prices range from $155 to $1,598 monthly. Explore the table below to find personalized rates according to your home's age and coverage preferences.
Data filtered by:Results filtered by:
Select
Age of Home:Newer Home
Select
Coverage Level:$100K Dwelling / $50K Personal Property / $100K Liability
| $100K Dwelling / $50K Personal Property / $100K Liability | $155 | $1,865 |
How to Get the Best Cheap Home Insurance in Waco
Finding affordable home insurance in Waco can be tough. We've crafted a step-by-step guide to help you discover the best cheap homeowners insurance that suits your needs.
- 1
Decide on Coverage Beforehand
Determining your home insurance coverage needs in advance helps you compare quotes fairly and avoid being upsold.
- 2
Research Cost and Discounts
Researching average home insurance costs in Texas for your city and profile can help you gauge potential savings. Learning about available discounts also helps you find insurers offering lower rates.
- 3
Compare Company Offerings and Reputations
Evaluate add-on coverages and company reputations beyond just pricing. Check resources like J.D. Power, NAIC, Reddit and Trustpilot when assessing reviews and service quality.
- 4
Compare Many Quotes Through Multiple Means
Comparing multiple quotes apples to apples helps you identify the cheapest option for equivalent coverage. Prices can vary, so use online tools, independent agents and captive agents to find the best deal.
Best Home Insurance in Waco: Bottom Line
The top three best and cheapest home insurance providers in Waco are Nationwide, State Farm and Amica. While these are our recommendations, do your own research and compare multiple quotes to get the best deal.
Waco Home Insurance: FAQ
We've gathered answers to the most common home insurance questions in Waco to help you navigate your options.
Who offers the best home insurance in Waco?
We recommend Nationwide as the best home insurance provider in Waco for its competitive rates (starting at $429 monthly), customer satisfaction and diverse coverage options. Also consider getting quotes from State Farm, Amica, Farmers and Chubb.
Who has the cheapest home insurance in Waco?
Farmers offers the most affordable home insurance for the average homeowner, costing about $302 per month or $3,619 per year. Your rates may differ based on individual circumstances and chosen coverage levels.
What does home insurance cost in Waco?
Home insurance in Waco varies, with costs ranging from $1,865 to $19,180 per year.
How We Decided the Best Cheap Home Insurance Companies in Waco
MoneyGeek’s study analyzed home insurance premiums from 10 companies in Waco. The data used was provided in partnership with Quadrant. The customer satisfaction scores used in this study were drawn from J.D. Power surveys. To calculate affordability scores, quotes were collected for a home with varying coverage levels.
In this analysis, MoneyGeek used a base profile for a homeowner with a 2,500 square foot home built in 2000 with dwelling coverage of $250,000, personal property coverage of $100,000, and liability coverage of $100,000. All the policies had the same deductible of $1,000.
Other quotes were also collected for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles, and poor credit scores.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.