Getting a Fayetteville Home Insurance Quote Has Never Been Easier!
Gone are the days of filling out endless questionnaires about your home or talking on the phone with an insurance agent for over 15 minutes only to wait days to get an insurance quote. At TGS Insurance, we’ve flipped the industry norm upside down to provide customers with a real, accurate home insurance quote in 15 seconds or less, using just your address!
What Does Fayetteville Home Insurance Cover?
A home insurance policy can, and should, be customized to fit your specific needs, but standard policies usually offer:
- Coverage for your home and additional structures on your property such as detached garages, sheds, and fences
- Coverage for your personal belongings such as clothes, furniture, and electronics
- Coverage for personal liability exposures that comes with being a homeowner such as a guest being hurt on your property
- Coverage for living expenses should your home become uninhabitable and you require temporary lodging while it is repaired or replaced
How Much Does Fayetteville Home Insurance Cost?
The average homeowners insurance policy in Fayetteville costs an average of $1,401 per year among TGS Insurance customers. This average is based on policies with an average home value of $226,898 and includes windstorm and hail coverage with a 2% deductible. Our agents know that every homeowner’s needs are different and that’s why we work with you to build the right coverage at the best price on the market. On average, we have been able to save our customers throughout Arkansas $870 a year when they switch to us. Seeing how much you could be saving is quick and free- enter your address above for your instant quote!
Comparing Average Home Insurance Premiums in Fayetteville By Dwelling Coverage Levels
Dwelling coverage helps to rebuild or repair your home in the event of a covered loss. Your dwelling coverage limit must cover the cost to rebuild your home as it is today. Since dwelling coverage is such a large component of your home insurance policy, your limit on the coverage affects your overall premium. In Fayetteville, carrying $150,000 in dwelling coverage would result in a premium of around $1,198 per year, whereas having dwelling coverage worth closer to $350,000 would cost around $1,753 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,198
$200,000-$300,000 $1,483
$300,000-$400,000 $1,753
$400,000-$500,000 $1,901
How the Size of Your Fayetteville Home Impacts Your Homeowners Insurance Rates
Many factors impact your home insurance premium, and one of those factors is the square footage of your home. As the footprint of your home increases, the cost of replacing it should it need to be rebuilt due to covered perils increases. 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. Our data shows that home insurance quotes in Fayetteville for homes that 2,000+ square feet are, on average, 31% higher than homes that are less than 2,000 square feet in size.
Home Size in Square Feet Average Annual Premium (incl. Wind Coverage)
0-2,000 sq ft $1,204
2,000+ sq ft $1,584
Keep in mind that size is not the only factor influencing your premium! Other factors insurers often consider include:
- Location
- Age
- Roof condition and age
- Credit history
- Claims history
- Marital Status
- Breeds of pets
- Attractive nuisances (swimming pools, trampolines, swing sets, etc.)
- And more!
Fayetteville Home Insurance Rates by Insurer
Choosing your home insurance provider is about more than just price, but the cost is undoubtedly an essential factor. Because each carrier sets its own rates, sometimes the same coverage will vary in price among carriers. Two of our most popular insurance providers in Fayetteville, Arkansas, are Encompass and State Auto. Home insurance quotes from TGS Insurance for Encompass average $1,430 annually. Home insurance quotes for State Auto run a little bit higher, averaging $1,715 per year.
Zip Codes in Fayetteville We Insure
- 72701
- 72703
- 72704
Don’t see your zip code? Not a problem! We’re able to help homeowners throughout Arkansas find the best home coverage for their needs. Get started with a free instant quote by providing your address above.
