Rising Insurance Costs? How You Can Protect Your Home and Move Forward with Confidence in Stephenville & Surrounding Areas

We all know that prices for almost everything seem to be climbing lately. From groceries to gas, to home insurance — the numbers can feel overwhelming. But here’s the good news: even when the costs go up, you don’t have to feel stuck or defeated. With the right information and a smart approach, you can rise above these challenges and protect your home and your future.

If you’re buying or owning a home in Erath, Hood, Bosque, Hamilton counties — or nearby towns like Stephenville, Hico, Glen Rose, Granbury, Comanche, Brownwood, DeLeon, Bluff Dale, Tolar, Clifton, Weatherford, and beyond — understanding home insurance is a key step to feeling secure and confident in your investment.

Why Do You Need Home Insurance?

Home insurance isn’t just a mortgage lender’s requirement — it’s a safety net that helps you rebuild or repair your home if disaster strikes, whether from a storm, fire, theft, or accident. It can cover your home itself, your belongings, landscaping, liability if someone is hurt on your property, and even help with living expenses if you need to temporarily move out.

If you’re in the Stephenville area, agencies like Fraser Insurance Agency can help you find the right coverage—even renters insurance. Granbury and Glen Rose have trusted agencies, too, ready to guide you through your options.

What’s Driving Rising Insurance Rates?

Insurance costs are going up across Texas—and it’s no surprise why. Increasing major weather events like storms, droughts, and hail, combined with inflation and rising home values, mean insurance companies are paying more out than ever before. According to Texas Department of Insurance data, rates increased an average of over 20% in 2023 alone.

But don’t let that discourage you. This shift also means insurance companies are improving how they evaluate and manage risk, creating new products and programs to better protect homeowners like you. And Texas REALTORS® along with state officials are actively working to promote stronger, more resilient home building that could help lower insurance claims—and costs—over time.

What Can You Do Now?

• Start the conversation early. Don’t wait until closing to talk insurance. Knowing what coverage you’ll need helps shape your home search and prevents last-minute surprises.

• Shop around and ask questions. Independent insurance agents, like those in Stephenville and Granbury, can help you find policies tailored to your needs and budget.

• Look for discounts and protections. Some insurers reward homeowners who take preventative steps, like installing storm-resistant features or security systems.

• Consider how much coverage you need. It’s not about just buying the cheapest policy, but about protecting what matters most without overpaying.

We’re Here to Help You Navigate It All

At Preferred Properties of Texas, located right here in Stephenville, we’ve been guiding buyers across Erath, Hood, Bosque, Hamilton, and neighboring counties for over 30 years. Whether you’re looking for your first home, ranch land, or an investment property—no matter if you’re in Hico, Glen Rose, Granbury, or even the DFW metroplex or Austin—we can help you build a solid plan for today and tomorrow.

Markets may feel unpredictable, but with the right strategy and support, you can create your own opportunities and make smart moves even in challenging times.

Ready to take the next step?
📞 Call us today at 254-965-7775
🌐 Visit preferredpropertiestx.com

Credit: This blog draws on insights from Joe Olivieri’s article in Texas REALTOR® Magazine and information from the Texas Department of Insurance and the Insurance Information Institute.