Comparison Shop Home Insurance in El Dorado from Multiple Carriers in Minutes!
Did you know less than 50% of homeowners comparison shop when their policy is up? That means more than half of homeowners are leaving potential savings on the table. It’s time to recoup the savings! At TGS Insurance, our team of agents will take away the hassle of comparing insurance providers by doing the hard work for you! As an independent insurance agency, we’re carrier-agnostic, which means we don’t work for one insurance provider; we work for you! When you input your address, we’ll shop our bank of 35+ top carriers to find you the best policy at an exceptional rate in just 15 seconds!
El Dorado Home Insurance Coverage: The Basics
Several standard forms of homeowners insurance offer various levels of protection from varying perils depending on the needs of the home and homeowner. The majority of these forms include coverage (at some level) for:
- Your home’s structure
- Additional structures on your property (detached garage, shed, fence, etc.)
- Your personal belongings
- Liability for injuries on your property
How Much is Home Insurance in El Dorado, Arkansas?
The average cost of homeowners insurance in El Dorado is $1,692 among TGS Insurance Agency customers. This average includes windstorm and hail coverage and is based on policies with an average home value of $202,760. Every policy is unique based on the characteristics of the home and coverage needs, so rates will vary from home to home and even carrier to carrier. By comparison shopping policies, we can find the right policy at the best price without compromising on coverage. On average, we’ve been able to save our customers more than $850/year when they switch to TGS Insurance Agency. Finding out how much you can be saving is as easy as providing your address above for an instant quote– really!
Average Home Insurance Premiums in El Dorado By Dwelling Coverage Levels
Several factors go into a carrier’s calculations for your El Dorado home insurance quote. One of the most significant factors is the level of dwelling coverage that you select. Dwelling coverage is based on the value of your home’s structure if you were to rebuild it to its current condition today. For instance, in El Dorado, carrying $100,000-$200,000 dwelling coverage costs an average of $1,374, while increasing that coverage level to $300,000-$400,000 will cost you closer to $2,646 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
El Dorado Home Insurance Quotes and Home Size by the Numbers
The estimated cost of rebuilding your home plays a significant role in the home insurance premium you can expect to pay. The square footage of your home directly impacts the cost of rebuilding your home since a larger home will require more building materials and will generally be more expensive to rebuild than a smaller home. For this reason, insurers view bigger homes as a more significant risk and will often come with a higher home insurance premium to reflect that more substantial risk. In El Dorado, the average home insurance quote for a home bigger than 2,000 square feet is 56% more expensive than quotes for a home less than 2,000 square feet.
Home Size in Square Feet Average Annual Premium (incl. Wind Coverage)
0-2,000 sq ft $1,392
2,000+ sq ft $2,182
Cheapest Homeowners Insurance Companies in El Dorado
Shopping for home insurance is no easy feat. Insurance carriers set their rates, so the same coverage will vary in price across multiple carriers. How do you know you’re getting the best deal? By comparison shopping your policy, you can see what the market has to offer and select the policy that works best for your coverage needs and budget. Two of our most popular insurance providers in El Dorado, Arkansas, are State Auto and Encompass. Home insurance quotes from TGS Insurance for State Auto average $1,746 annually. Home insurance quotes for Encompass run a little bit higher, averaging $2,019 per year.
El Dorado Zip Codes We Insure
Don’t see your zip code? Don’t panic! We’re ready to help homeowners throughout Arkansas save money on their home insurance. See how much you could be saving by providing your address above for a free home insurance instant quote.