While Texas is home to many well-known attractions, you’ll find favorites like the River Walk, the Alamo, and SeaWorld in San Antonio. The city has a colorful culture that includes vibrant history and nightlife that can appeal to new and existing homeowners. 

However, the city can experience flooding, wildfires, and tornadoes. There’s also the threat of theft or vandalism, though San Antonio‘s crime index is lower than cities of a similar size. Potential homebuyers in San Antonio must carefully consider their home insurance policy. The right coverage can protect you financially from damage to your home and personal belongings.

Luckily, finding the right coverage is easy when you use Insurify to get a quote. Compare home insurance quotes from half a dozen or more home insurance companies to find the best home insurance in San Antonio.

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How to Find Cheap Home Insurance in San Antonio

If you’ve purchased a home in the past, you know how stressful the process can be. It’s also a significant financial investment. In fact, buying a home may be one of the largest financial investments of your lifetime. 

As with any investment, you must consider the potential risk. While homeowners have several options to minimize risk and protect their investment, the first step is to purchase homeowners insurance

It isn’t required by law, but home insurance is a crucial consideration for homeowners because it provides financial liability protection for your property and belongings from natural disasters or theft. 

Keep in mind that different coverage levels are available for various property types, locations, and other factors. Comparison shopping can help you find the right coverage at the right price.

Keep reading for a full guide on San Antonio home insurance

MORE ON TEXAS HOME INSURANCE
For general information on Texas home insurance, check out our guide to the best homeowners insurance in Texas. For more city-specific information, here are our guides to Dallas homeowners insurance, Houston homeowners insurance, and Austin homeowners insurance.

Cheapest Home Insurance in San Antonio by Company

Homeowners insurance rates aren’t always designed with savings in mind. That’s where Insurify comes in. Our free home insurance comparison tool allows you to find the best policy for the best rate fast. And your information stays private and protected.

As of 2021, the average home insurance premium in San Antonio costs $1,709 annually, and the median home value is $198,162. 

Fifty-four percent of housing in San Antonio is owner-occupied, making homeowners insurance a top concern for more than half of the city’s residents. As you review the cheapest insurance companies in the area, here’s what you might expect when getting a quote.

Average Home Cost in San Antonio Average Annual Insurance Premium in San Antonio
$198,162 $1,709

Cheapest ZIP Codes in San Antonio for Home Insurance

San Antonio is the second most populated city in Texas, with Houston being the first. More than 1.5 million people call San Antonio home. Depending on your interests and how much house you can afford, you could move into one of the city’s several neighborhoods. 

However, like property costs, home insurance varies in price from city to city. Pricing is determined by ZIP code–specific variables, such as the volume of claims filed nearby, crime rates, and property costs, and risk variables, such as natural disaster frequency. Even your specific neighborhood may determine if you pay more or less on our annual premiums. 

Rates in San Antonio can be relatively high or low compared to the national average; it all depends on which area you live in.

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Home Insurance Coverage Types in San Antonio

There are several types of home insurance. Specific terms of insurance policies may vary by city, but in general, the standard policy types are as follows:

HO-1

Basic

  • The simplest and least comprehensive type of homeowners insurance
  • Provides coverage for a handful of potential problems, including
    • Dwelling coverage for damages from some natural disasters (storms, fires, wind, lightning, volcanic eruption), 
    • explosions, 
    • theft, 
    • damage from vehicles, 
    • or civil commotion. 
HO-2

Broad Form

  • Broad form homeowners insurance policies include all basic form coverage, plus protection from:
    • falling objects, 
    • damage from the weight of ice, snow, or sleet, 
    • freezing of household systems including HVAC and pipes, 
    • sudden and accidental damage to pipes and other household systems from artificially generated electrical current, 
    • accidental discharge or overflow of water or steam,
    • sudden and accidental damage. 
  • HO-2 policies typically cover both dwelling protection and personal property.
  • In some cases, broad form coverage may also include liability coverage. However, it still only covers the specific damages listed in the policy.
HO-3

Special Form

  • The most common form of homeowners insurance is known as a “special form” policy.
  • While HO-1 and HO-2 policies are “named peril” policies (meaning they only cover dangers that are specifically listed in the policy), HO-3 policies are “open peril” policies meaning they’ll cover all dangers except those specifically excluded in the policy documents.
HO-4

Tenant’s Form

  • HO-4 policies, also known as renters insurance, are for people who lease rather than own their homes. 
  • Tenant’s form policies typically cover all the same dangers as HO-2 policies. 
  • These policies include personal property coverage and liability coverage but don’t cover the physical structure of the house. 
  • Some HO-4 policies may also include loss of use coverage for the tenants.
HO-5

Comprehensive

  • Comprehensive form policies are usually the broadest and provide the highest level of coverage; not surprisingly, they also tend to be the most expensive type of homeowners insurance policy.
  • The biggest difference between HO-3 and HO-5 policies is that most HO-3 policies are “actual cash value” policies, whereas typically HO-5 policies are “replacement cost value” policies.
  • An actual cash value policy will only reimburse you for the actual value of a damaged or destroyed item, while a replacement cost value policy will reimburse you for however much it would cost to completely replace or repair the damaged or destroyed item (up to the coverage limits on the policy). 
  • HO-5 policies also provide personal property coverage against a wider range of dangers than the typical HO-3 policy. Many HO-5 policies also have extra coverage for high-value personal property, such as jewelry and artwork.
HO-6

Condo Form

  • Not surprisingly, condo form insurance is for condominium owners. HO-6 policies generally protect against the same types of dangers as HO-3 policies. 
  • They provide dwelling protection coverage with a twist: HO-6 policies cover the walls, floors, and ceiling of the condo unit but not the rest of the building. 
  • These policies also include personal property and liability coverage and may include loss of use coverage.
HO-7

Mobile Home Form

  • If you own a mobile home or manufactured home, you likely have an HO-7 policy. 
  • Mobile home form policies are typically identical to HO-3 policies, except they’re designed specifically for mobile and manufactured homes.
  • Like HO-3 policies, they provide dwelling protection coverage, other structures coverage, personal property coverage, liability coverage, and possibly loss of use coverage as well. 
  • HO-7 policies generally only protect the home when it’s stationary; if you plan to move your mobile or manufactured home, you’ll need to get a special policy to cover it while it’s in transit.
HO-8

Older Home

  • Older homes have generally been built to less stringent code standards than recently built homes, and so insurers have designed a specialized type of homeowners insurance policy for them. 
  • HO-8 policies often only cover the basic perils listed in HO-1 policies and generally apply to homes that are registered landmarks or otherwise deemed historic homes. 
  • Owners of registered landmarks are typically forbidden from making the updates to HVAC, electrical, and other parts of the home that would enable them to qualify for a standard HO-3 policy, so an HO-8 policy is often the only option for them.

Natural Disasters and Homeowners Insurance San Antonio 

Floods, fires, tornadoes, and windstorms affect homeowners throughout the U.S. Of the natural disasters, flooding is a threat in San Antonio year-round. The local ABC station, KSAT12, reports, “In San Antonio, it’s not a matter of if flooding will occur every year, it’s a matter of when.”

Unfortunately, standard homeowners policies don’t cover insurance claims to your Texas home or personal belongings from flooding. You must purchase flood insurance through the National Flood Insurance Program (NFIP).

Talk to your insurance agent about adding flood insurance to protect your home. Also ask about mitigation options to reduce your flood risk, which could lower your premiums. Your insurer might suggest elevating your furnace or other utilities off the floor, installing flood openings, or filling in basements.

Getting Mobile Home Insurance in San Antonio

If you’re house shopping, a mobile or manufactured home can offer a lower-cost option compared to a stick-built home. Mobile home insurance is a different insurance product than a standard homeowners policy.

The most common homeowners policy is an HO-3. For a mobile home, you’ll need an HO-7 policy. Even though they’re different, mobile home insurance provides coverage for dwelling protection, other structures, personal property, liability, and sometimes loss of use.

There’s one downside: mobile and manufactured home insurance offers coverage only when the home is stationary. If you’re going to move it to a new location, purchase additional coverage to protect your home while in transit.

Buying a house is stressful enough—don’t let insurance get in the way of enjoying your new home.

Frequently Asked Questions - San Antonio Homeowners

How can I pay less for homeowners insurance in San Antonio?

Many factors go into determining your insurance costs, some you have no control over. However, installing a new roof or avoiding trampolines and swimming pools can help lower your premium. A higher deductible can also cause you to pay less for home insurance. And don’t forget about the cost savings you could find when you bundle your policies and shop around to compare rates with Insurify.

Can I bundle home and auto insurance in San Antonio?

Yes, many Texas homeowners insurance companies—like State Farm, Allstate, and USAA—allow you to combine your home and car insurance to qualify for insurance discounts. Bundling can include life insurance and renters insurance products, too. Talk to your insurance agent about coverage options to see if bundling is right for you.

Does homeowners insurance cover condos?

A condo is an excellent option if you’re ready to be a homeowner but don’t want to worry about a larger home's care and upkeep. You can get home insurance for your condo, but you’ll want a policy type HO-6 instead of the more common HO-3 for stick-built homes. Condo insurance provides many of the same protections and coverage levels as a standard homeowners policy, but it limits coverage to the walls, floor, and ceiling of the condo unit (and not the rest of the building).

How do I find the best homeowners insurance?

When you’re looking for home insurance quotes, it can be tough to know which is the best insurance agency. Your choice is about more than your insurance cost. Credible rating agencies, like A.M. Best and Moody’s, evaluate the operating performance and financial stability of insurers. The higher the rating, the better. 

How to Find the Cheapest Home Insurance in San Antonio

San Antonio’s rich culture and history make it a magnificent place to live. If you’re looking to buy a house or are shopping for quotes to replace your existing policy for your Texas property, Insurify can help. Finding the best home insurance can give you peace of mind knowing your home is protected.

Use Insurify to find the best homeowners insurance for your property in San Antonio.

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Updated June 4, 2021

Amy is a content marketing writer who specializes in personal finance and technology. With a background in the legal field, she has a talent for transforming complex topics into content that’s easy to understand. When she’s not writing, she enjoys reading and playing board games with her family. You can learn more at amybeardsley.com.