When shopping for a new home insurance policy, it's important to find the best rates for your needs. Home insurance rates in Arkansas are affected by several factors. Your home's location, value and size are some of the factors that will affect your premium. To compare coverage and rates, you can get quotes from multiple insurance companies.
Shelter ranked as the best home insurance company in Arkansas
Shelter provides the best rates for homeowners. It is due to Shelter's strong financial standing and excellent customer service. It also offers a wide range of protections, including reimbursement for fire department charges, property damage protection and credit card fraud.
Liberty Mutual is ranked second for the cheapest home insurance rates in Arkansas
Liberty Mutual offers many discounts, such as discounts for those with low-risk jobs, for good driving records, and for taking safety courses. As an additional discount, Liberty Mutual offers discounts to customers who install security equipment, like burglar alarms and lights that activate on motion.
Chubb ranks seventh for the cheapest home insurance rates in Arkansas
Chubb offers a number of additional features that will protect your home. Providers offer a range of features including dwelling extended cost replacement, which allows you to rebuild your property even if that costs more than what is covered by the policy. The policy allows you to add additional coverages such as identity theft protection, computer and inflation protection.
Allstate Ranks Third for cheapest home insurance in arkansas
Bundling your auto and homeowners policies can save you a substantial amount of money. Allstate for instance offers 25% off a policy when you bundle both your auto and your home policies.
Aside from discounts, an agent will also give you a review of your recent insurance changes. For example, adding items to your home or upgrading your roofing. This can help you lower your premium and protect your biggest investment.
USAA ranks fourth for the cheapest home insurance rates in Arkansas
When you insure your home with USAA you will receive great benefits such as On Your Side(r), a 24/7 customer service, and a review when you need one. In addition, the company offers military-specific services and benefits.
Travelers is ranked fifth in Arkansas for cheapest homeowners insurance
Arkansas homeowners insurance averages $2,890 a year. Although slightly higher than national averages, it does not mean that affordable coverage is impossible in Arkansas. In fact, you can often find low-cost home insurance quotes online.
A deductible represents the amount you will pay out-of-pocket before your insurer begins to cover losses. Home insurance companies usually offer a standard $100-500 deductible.
Your deductible can be reduced by paying on time your premium or by not filing a claim. Insuring your home can be avoided by having a good score on credit.
You can get a quote for home insurance to find out if you're getting the best deal. Each insurance provider has its own underwriting guidelines and pricing models.