$$ How much does insurance cost in Galveston? $$

This is a great question and one that I can best answer in general to start with. For a specific insurance quote, please contact one of the local insurance providers (that I've listed below) that is familiar with Galveston property, requirements and special conditions.

Galveston is an Island. Because of that fact, homeowners **must carry a certain amount of insurance to cover any damage
caused by possible flooding (issued by the federal government and provides as much as $250,000 in coverage for a single-family home plus $100,000 for contents) and wind/storm damage

in addition to the standard fire and homeowner's insurance policies required in most areas. **If you are lucky enough to not be carrying a mortgage/loan on your home (if you've since paid it off in full or if you paid cash for it to begin with), you may not be required to carry these coverages on your property - please consult with your insurance provider - DO NOT CANCEL YOUR INSURANCE COVERAGE until speaking with a knowledgeable, local insurance provider who is familiar with your area's requirements.

To estimate, plan for about 1 1/2% of the purchase price of the home to be spent on insurance. For example, for a $150,000 home, you might expect to spend about $2,250 a year (or about $188/month) on insurance on your home. That's for a property "in-town", or behind the Seawall. For properties on the "west end", rates may be higher or lower depending on a home's elevation, age, or again the amount for which you keep it insured. There are also properties here that require NO flood insurance - to check out Galveston's flood maps, please visit the Federal Emergency Management Agency (FEMA) website at:

Want an insurance quote? Check out one of the following insurance agencies - you'll just need (1) the property's physical address, (2) approximate square footage and (3) approximate age!

1) Coady & Lewis Insurance (branch of Nationwide Insurance Agency)
2) Galveston Insurance Associates
3) SMI Agency