Mortgage protection insurance in Texas ensures your family keeps the house — even if you don't make it home. Coverage sized to your exact mortgage balance, starting at $20/month.
Thousands of Texas families rely on life insurance to help protect what matters most — their home, their income, and their loved ones.
More Texas families are taking on mortgages than anywhere else in the country — which makes mortgage protection insurance here more important than ever.
Texas consistently ranks first in the U.S. for home purchase loans. Houston, Dallas, and Austin alone account for hundreds of thousands of new mortgages every year.
At a $338,000 median, the average Texas mortgage payment sits around $2,100–$3,200/month. That's the payment your family inherits if you're gone tomorrow.
Under Texas law, life insurance claims must be acknowledged within 15 days and paid within 5 business days of proof. Your family isn't left waiting.
A healthy 35-year-old Texan can lock in $300,000 of 30-year mortgage protection insurance for around $20–$30 per month. Less than one dinner out.
Tower Hill Corp is a Texas-licensed life insurance agency (TX License #2608479TX) serving homeowners across Houston, Dallas, Austin, San Antonio, and all 254 Texas counties. Our carrier network includes 30+ A-rated insurers who specialize in Texas mortgage protection.
Three layers of coverage — stack them based on your budget and risk tolerance.
The core of every mortgage strategy
Every dollar back if you outlive it
Protection while you're still alive
Mortgage protection insurance isn't one-size-fits-all. Here's who benefits most.
This is the single most important moment to lock in coverage. Your mortgage balance is at its highest — and so is the risk to your family if something happens to you.
When you refinance, your loan balance resets — and so does your exposure. Your old policy may not cover the new balance or the extended payoff date.
If your household runs on a single income and that income stops, the mortgage payment doesn't. One death between payday and foreclosure — mortgage protection closes that gap.
Many Texas small business owners use their home as collateral. That makes your family's shelter doubly exposed. A dedicated mortgage protection policy separates the personal risk from the business risk.
No agent appointment. No pushy sales calls. Just a clear, fast process that gets your home protected.
Tell us your age, coverage need, and health basics. Takes about 2 minutes.
Rates from Tower Hill carrier network — Texas's top-rated carrier — appear immediately. No agent required.
Tower Hill carrier network's instant underwriting processes your application digitally. No medical exam for qualifying applicants.
Most applicants receive a same-day decision and active coverage. Your home is protected immediately.
When you close on a home, lenders often push you toward their own insurance products. Here's why that's usually a bad deal — and what to choose instead.
What lenders don't tell you: Bank-placed mortgage protection pays your lender, not your family. The payout shrinks as you pay down the loan — but your premium stays the same. And you can't take it with you if you refinance.
This combination — rare in the market — gives your family a benefit if you die, gives you a benefit if you get sick, and gives you your money back if nothing happens.
Death benefit locked in for the life of your mortgage. Rates fixed at issue.
Access your benefit if diagnosed with a terminal, critical, or chronic illness.
Outlive the policy and receive your eligible premiums back. No loss scenario.
Family protected if you die. You're protected if you get sick. Your money back if you outlive it.
Return of Premium (Endowment Rider) available on 20 & 30-Year terms only. Living benefits reduce remaining death benefit. Chronic & Critical Illness benefits available through issue age 70. State-specific terms apply.
Mortgage protection insurance is a term life insurance policy sized to match your outstanding mortgage balance. If you pass away during the term, the death benefit pays off — or substantially reduces — your remaining mortgage so your family can stay in their home.
No. PMI (Private Mortgage Insurance) protects the lender if you default on your loan. Mortgage protection life insurance protects your family — it pays your beneficiaries, not the bank. They can then use the funds to pay off the mortgage entirely.
The simplest rule: match your outstanding mortgage balance. If you owe $350,000 on your home, a $350,000–$500,000 30-year term policy is the standard starting point. Many clients add extra to cover several years of living expenses above and beyond the mortgage.
In many cases, yes. Tower Hill carrier network's underwriting considers each case individually. Some conditions result in a rated policy (slightly higher premium), while others qualify for standard or preferred rates. The best way to find out is to apply — there's no cost or commitment to get a decision.
Tower Hill's online application uses instant underwriting from our carrier network. Most applicants receive a decision in minutes. Once issued, your policy is active immediately — same day in most cases.
No Texas law requires mortgage protection insurance. However, your mortgage lender may require some form of homeowner's insurance. Mortgage protection life insurance is a separate, voluntary product that protects your family — not your lender. It's your choice, and it's one of the smartest financial decisions a Texas homeowner can make.
Homeowner's insurance covers physical damage to your property (fire, storm, theft). Mortgage protection life insurance covers the financial risk of death — it ensures your family can pay off the loan itself. Both protect your home, but they protect different risks. Most Texas homeowners need both.
Unlike lender-placed insurance, a personal term life policy from Tower Hill follows you — not the house. If you sell your home and buy a new one, your policy stays active and your family is still covered. You can also adjust coverage amounts when you refinance or upsize. You're never locked in.
Yes. Tower Hill's online platform lets Texas homeowners get a quote and apply entirely online — no agent appointment, no sales calls. Our carrier network provides instant underwriting decisions, so you can go from quote to covered in under 10 minutes. A licensed Texas advisor is available if you want guidance, but it's never required.
Get your personalized mortgage protection quote in under 2 minutes. No agent required.