Getting a Jonesboro Home Insurance Quote is as Easy as 1-2-3!
Getting the best homeowner’s insurance in Jonesboro is simple when you use TGS Insurance’s proprietary online quoting tool for a free, no-obligation quote.
- Enter your address
- View your quote
- Customize your coverage with the guidance of one of our expert independent agents
Jonesboro Home Insurance Coverage: The Basics
There are several standard forms of homeowners insurance that 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 Jonesboro, Arkansas?
Jonesboro home insurance costs an average of $1,202 per year among TGS Insurance customers. This average is based on policies with an average home value of $225,990 and includes windstorm and hail coverage with a 2% deductible. Home insurance premiums will vary home to home depending on several factors. Our proprietary tool shops your policy in seconds to find you the best rates with just your address. Our independent agents will work with you to further customize your quote to ensure you have the right amount of coverage for your needs at the best rate on the market!
Comparing Average Home Insurance Premiums in Jonesboro 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 Jonesboro, carrying $150,000 in dwelling coverage would result in a premium of around $1,077 per year, whereas having dwelling coverage worth closer to $350,000 would cost around $1,455 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,077
$200,000-$300,000 $1,247
$300,000-$400,000 $1,455
$400,000-$500,000 $1,561
How Your Home’s Size in Jonesboro 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 or 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 which requires higher personal property coverage limits. In Jonesboro, the average home insurance quote for a home bigger than 2,000 square feet is 21% 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 $1,316 annually on average, while homes smaller than 2,000 square feet have been running closer to $1,082.
Jonesboro Home Insurance Averages by Carrier
Homeowners look at various things when deciding what home insurance policy to buy, coverage and cost being the two most influential factors. It’s important for homeowners in Jonesboro to comparison shop their policy across several different insurance carriers because the same coverage could vary in price. Our two most affordable (and popular) insurance providers in Jonesboro, Arkansas, are Encompass and State Auto. On average, TGS Insurance homeowners in Jonesboro, Arkansas, pay $1,203 for annually Encompass and $1,773 for State Auto.
Zip Codes in Jonesboro We Insure
- 72401
- 72404
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.
