Gavop's guide to buying homeowners insurance in Bonham, TX covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $44,000 | $40,000 | $25,000-$50,000 |
| 2 Bedroom | $66,500 | $60,000 | $50,000-$75,000 |
| 3 Bedroom | $122,000 | $110,000 | $125,000-$150,000 |
| 4 Bedroom | $209,500 | $180,000 | $200,000-$250,000 |
| 5 Bedroom | $365,000 | $320,000 | $350,000-$400,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$174 | $851 |
| Superior Protection Discount | -$92 | $933 |
| Fire & Security Discount | -$103 | $923 |
| Hail Resistant Roof Discount | -$21 | $1,005 |
| Newly Constructed Home Discount | -$226 | $800 |
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $6,216 |
| Physical Damage | $2,464 |
| Hail Damage | $4,524 |
| Wind Damage | $6,242 |
| Expensive Claims | |
| Fire | $42,442 |
| Smoke | $17,222 |
| Home Insurance Company Bonham, TX | Homeowners Insurance Agency Bonham, TX | Address | Popularity Score | Distance from Bonham (miles) |
|---|---|---|---|---|
| State Farm | Eddie Hall | 7215 I 30 Ste F, Greenville, TX, 75402-7110 | 32.0 | |
| State Farm | John Kraft | 10185 Custer Rd Ste 100, Plano, TX, 75025-7509 | 43.2 | |
| State Farm | Michael Johnson | 5005 Mckiny Rch Pkwy Ste 230, Mckinney, TX, 75070-6866 | 39.1 | |
| State Farm | Dale Johnson | 800 E Campbell Rd Ste 203, Richardson, TX, 75081-1862 | 49.8 | |
| State Farm | Ed Forster | 7227 Main St Ste 120, Frisco, TX, 75034-5718 | 45.6 | |
| State Farm | Ruth Bookhammer | 1106 14th St, Plano, TX, 75074-6202 | 47.0 | |
| Farmers | Mccrea Miller | 2591 Dallas Pkwy Ste 202, Frisco, TX, 75034 | 47.9 | |
| State Farm | Burl Wood | 3608 Preston Rd Ste 200, Plano, TX, 75093-8657 | 49.2 | |
| Allstate | Robert E. Boone | 1506 N Greenville Ave Ste 210, Allen, TX, 75002 | 39.7 | |
| Farmers | Sunni Josey | 1504 N Greenville Ave Ste 110, Allen, TX, 75002 | 39.8 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Texas | $151,500 | $1,709 | $1,130 | $2,630 | $1,500 |
| Fannin County, TX | $98,200 | $1,360 | $900 | $2,090 | $1,190 |
| Bonham, TX | $84,000 | $1,025 | $680 | $1,580 | $900 |
| Westminster, TX | $146,700 | $1,695 | $1,120 | $2,610 | $1,490 |
| Achille, OK | $61,300 | $946 | $650 | $1,310 | $660 |
| Calera, OK | $91,900 | $1,217 | $890 | $1,680 | $790 |
| Southmayd, TX | $56,500 | $1,281 | $850 | $1,970 | $1,120 |
| Durant, OK | $110,500 | $974 | $670 | $1,340 | $670 |
| Preston, TX | $82,100 | $1,432 | $950 | $2,210 | $1,260 |
| Parker, TX | $492,900 | $855 | $560 | $1,320 | $760 |
| Fate, TX | $210,400 | $1,012 | $670 | $1,560 | $890 |
| Northwest Rockwall, TX | $227,900 | $1,517 | $1,000 | $2,340 | $1,340 |
| Hopkins County, TX | $97,200 | $1,355 | $890 | $2,090 | $1,200 |