Finding Affordable Fort Smith Home Insurance Is Easier Than You Think
Looking for home insurance can be tedious, boring, overwhelming… you name it, we’ve heard it. And we agree! That’s why TGS Insurance Agency is dedicated to doing the heavy lifting for you, starting with instantly comparing quotes from 35+ A-rated (or better) carriers to find you the best possible price in your area without having to compromise on coverage. We can provide you with your initial quote within 15 seconds with just your address. From there, if you would like to customize your policy, any of our dedicated independent agents are ready to work for you to create a policy that covers everything you need.
We shop. You Save. Yes, it really is that easy.
What Does Fort Smith 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 Fort Smith Homeowners Insurance Cost?
The average TGS Insurance home insurance policy for Fort Smith is $1,499 per year. This average is based on policies with an average home value of $220,712 and includes windstorm and hail coverage with a 2% deductible. Home insurance rates differ considerably due to several constituents, based on you, your home, and your location, among many other things. We offer flexible options to all of our clients so they can find the right policy without paying for too much or too little homeowners insurance coverage. Get started with a free instant home insurance quote by providing your address above.
Average Home Insurance Quotes in Fort Smith By Dwelling Coverage Levels
Dwelling coverage is an essential component of your homeowners insurance policy, and unfortunately, most homeowners aren’t carrying enough. Dwelling coverage refers to the amount it would cost to completely rebuild your home to its current value and is one of the considerations home insurance carriers use to calculate your yearly premium. In Fort Smith, Arkansas, if you need $100,000-$200,000 in dwelling coverage, you’ll pay about an average of $1,227 per year. However, if your home is worth more, you’ll want more coverage, so homeowners wanting $300,000-$400,000 in dwelling coverage will pay an average of $2,045 in Fort Smith, Arkansas.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,227
$200,000-$300,000 $1,630
$300,000-$400,000 $2,045
$400,000-$500,000 $2,322
How Your Home’s Size in Fort Smith Affect Your Home Insurance Rates
When it comes to home insurance premiums, size matters. One of the several factors that insurance companies consider when calculating your premium is the cost of replacement, which is what it would cost to rebuild your home to its current state. Replacement cost looks at the current building prices in your area and the square footage of your home; so, a large home will come with a higher cost of replacement which tends to contribute to higher premiums. Larger homes also typically house more contents, requiring higher personal property coverage limits. In Fort Smith, the average home insurance quote for a home bigger than 2,000 square feet is 41% more expensive than quotes for a home less than 2,000 square feet. For reference, the average home insurance quote from TGS Insurance for homes bigger than 2,000 square feet is $1,758 annually on average, while homes smaller than 2,000 square feet have been running closer to $1,238.
Cheapest Fort Smith Home Insurance Carriers
When considering purchasing a home insurance policy, the price is more often than not the most influential factor. Carriers set their own rates, so your policy premium will vary across different providers, even with the same coverage. Our two most affordable (and popular) insurance providers in Fort Smith, Arkansas, are State Auto and Encompass. On average, TGS Insurance homeowners in Fort Smith, Arkansas, pay $1,586 for State Auto annually and $1,659 for Encompass.
Zip Codes in Fort Smith TGS Insurance Covers
- 72901
- 72903
- 72904
- 72908
- 72916
Don’t see your zip code? We’ve got you covered! Enter your address above for a free instant home insurance quote.
