You should always shop around to find the most affordable rates when you are looking for new home insurance. There are several factors in Arkansas that will affect the cost of your home insurance. These include your home's size, value, location and your claims history. To compare coverage and rates, you can get quotes from multiple insurance companies.
Shelter ranks #1 for cheapest homeowners insurance in arkansas
Shelter provides the best rates for homeowners. This is because of the financial stability of the company and its high customer satisfaction rating. It also offers a wide range of protections, including reimbursement for fire department charges, property damage protection and credit card fraud.
Liberty Mutual ranks second in Arkansas for home insurance prices
When you choose Liberty Mutual, you can take advantage of its many discount opportunities, including discounts for low-risk occupations, good driving records and discounts for completing safety courses. For example, the company offers discounts when you install security devices like burglar alarms or motion-activated light bulbs to lower your insurance rate.
Chubb Ranks Seventh for cheapest home insurance in arkansas
Chubb is a good option if you're looking to protect your home. Chubb provides a variety of extra features. For example, the dwelling extended replacement costs feature, which covers your home's rebuilding even if its cost exceeds the policy limit. Add identity theft protection to your policy. You can also include home computer coverage, inflation protection or valuable items coverage.
Allstate ranks third in Arkansas's cheapest home insurers
Combining your auto and home insurance policies can help you save money. For instance, Allstate offers 25% off your policy when you bundle your auto and home policies.
If you've made recent insurance changes like upgrading your roof or adding new items, you may also be eligible for a complimentary on-your side review. This can lower your premium and help protect your biggest asset.
USAA ranks 4th for the cheapest insurance on a home in Arkansas
USAA offers a wide range of benefits to its customers, such as 24/7 Customer Service and On Your Side(r) Reviews. It also offers unmatched military benefits and services.
Travelers Ranks Fifth in Arkansas for Cheapest Home Insurance
The average annual homeowners insurance cost in Arkansas is $2,890. Although slightly higher than national averages, it does not mean that affordable coverage is impossible in Arkansas. You can get cheap quotes for home insurance online.
The deductible is what you pay upfront before your insurer pays for losses. Most home insurers offer a standard deductible, which can be anywhere from $100 to $500.
Paying your premium on-time or not making any claim can help you reduce your deductible. By insuring a home with a credit score of 750 or higher, you will be able to avoid higher deductibles.
You can get a quote for home insurance to find out if you're getting the best deal. Each insurance company has its own underwriting criteria and uses different pricing models.