Homeowners’ insurance was once an afterthought when purchasing a home; something you would briefly consider when calculating your monthly mortgage. However, times are changing. Take a look at this graph by the Texas Comptroller of Public Accounts and Texas Department of Insurance showing a trend in insurance premiums over the past 8 years:
Because of the increase in the number and severity of storms along with inflation and the rising costs of materials and labor, Texas single family homeowners insurance premiums are skyrocketing. According to an article published by AARP in June of 2025, “The average homeowners insurance premium in the state climbed about 57 percent from 2015 to 2023.”
That’s not chump change. This increase impacts your buying power and disposable income.
The Grenadier Solution
One of the major benefits of purchasing a Grenadier townhome is the break in exorbitant rates on insurance. Instead of a traditional HO3 policy, which is standard for a single family home, Grenadier homeowners carry an HO6 policy, known as a Townhome or “Walls In” insurance. The “Walls In” nomenclature aptly describes the coverage that an HO6 provides – insuring from studs in. Meanwhile, the community’s HOA master policy insures the exterior of the townhome. You can find a nuts and bolts breakdown of coverage at the end of this article. But let’s get to the interesting part: what the difference in policies means for your wallet. Let’s hear from the experts on H06 savings.
The Savings of an HO6 Policy
Frank Brandt from Planet Home Lending, one of our esteemed preferred lenders, dives into the savings: “This ‘Walls In’ coverage will be a lot less than a traditional policy. Because you are only insuring the inside, these premiums have not been impacted; prices have stayed the same, and you don’t see as much change over time as you do on a traditional policy/coverage.” In his experience, single family homeowners start really noticing increases to their policy premiums in year 3 of the home loan.
According to NerdWallet, the average home insurance for Wylie, TX is $4,895 a year, coming out to $407 a month. However, when asked about the amount our homeowners spend on their homeowners’ insurance, the costs range from $60-$150 a month, depending on square footage and chosen limits. Taking into account the five most recent loans Frank closed with Grenadier, the average amount for homeowners’ insurance came out to just $64.40 a month!
But don’t take our word for it; hear from some of our homeowners yourself!
Grenadier Homes • Homeowner Testimonials • Homeowners’ Insurance
Savings In Action
What do HO6 savings look like in reality? Take for example the recent hailstorm that occurred in March of 2025. Homes across Wylie suffered hail damage to their roofs and gutters. A quote from a local roofing company estimated roof replacements for a 1,500 sq. ft., two-story home to cost between $20,000 and $27,000. Depending on insurance, that could mean paying out of pocket—or seeing premiums rise. For many single-family homeowners, the storm’s impact didn’t end with the weather. They faced it again through deductibles, comparing roofing quotes, juggling schedules, and managing the actual repairs.
Grenadier homeowners only had to experience the hail storm once: with the HOA’s dedicated reserve fund and the master policy covering full replacement of roofs and gutters, residents saved time and headaches, not to mention thousands of dollars, with zero special assessments placed on them.
Roofers replacing and repairing roofs at the Woodbridge Townhomes in Wylie
Roofers replacing and repairing roofs at the Woodbridge Townhomes in Wylie
Coverage You Can Trust, Savings You Can Keep
Insurance premiums are soaring everywhere due to changes in weather patterns and costs of material and labor. But when you purchase a Grenadier townhome, you don’t have to worry. With the HOA covering your exterior, you are responsible for just insuring your interior. That means lower premiums and more time, energy, and money back in your hands to spend on what matters most.
Explore how much moving into a Grenadier home could save you by visiting one of our DFW communities today!
Deeper Dive: The Nuts and Bolts of an HO6 Policy
- Dwelling Coverage
Protects and pays for repairs to interior pieces of your home, such as flooring, cabinets, lighting, and interior walls, also covering damage resulting from:
- Freezing of plumbing
- Accidental discharge or overflow of water from your plumbing
- Theft, vandalism, and malicious mischief
- Explosions
- Fire & Lightning
- Sudden, accidental damage from smoke
- Weight of snow, ice, and sleet
- Sudden, accidental tearing, cracking, burning or bulging of a steam pipe or hot water heating system.
- Personal Property Coverage
Insures your personal belongings, such as clothing, furniture, appliances, electronics, etc. Think of it this way: if it is not attached to your home, it is considered personal property.
- Liability Coverage
Protects you against legal expenses, lawsuits, and medical costs if someone gets injured inside your unit or if you cause damage to another unit.
Pro Tip: The recommended limit from multiple insurance providers is $500,000.
- Loss of Use Coverage
Covers your temporary housing expenses, meals, and other expenses while repairs are being made.
- Loss Assessment Coverage
Helps pay your share of loss or damage to shared areas that the HOA master policy does not fully cover or falls below the master policy’s deductible.
Frequently Asked Questions
- What kind of insurance do I purchase for my Grenadier townhome?
Homeowners should carry an HO6 policy, often called “Walls In” insurance, which covers the interior of your home, including personal belongings, interior walls, flooring, and fixtures. Unlike a traditional HO3 policy for standalone homes, the HOA’s master policy covers the exterior and shared structures, which helps keep your insurance premiums lower and more predictable over time.
- How much can I realistically save on homeowners insurance with a Grenadier townhome?
While savings vary by location and home size, Grenadier homeowners in our DFW communities often pay $60–$100 per month for HO6 coverage — compared to the local average of over $400 per month for standalone homes. Over time, these savings can add up to thousands of dollars, especially when factoring in the reduced risk of special assessments for exterior damage.
- How does an HO6 policy simplify my life?
With an HO6 policy, you only insure the interior of your home — the HOA handles the exterior and shared spaces. This means fewer decisions, less paperwork, and lower premiums, giving you more time and energy to focus on the things you enjoy, from travel to hobbies or spending time with family.
