Getting a Lowell Home Insurance Quote is as Easy as 1-2-3!
Getting the best homeowner’s insurance in Lowell 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
What Does Lowell Home Insurance Cover?
Buying a house is no small investment, and now is the time to protect it as you make it your home. Home insurance policies provide homeowners with coverage for your home’s structure, any additional structures on your property (sheds, garages, fences, etc.), and personal items (various policy limits will apply). Home insurance policies will also include personal financial protection against legal action and medical bills should someone have an accident while on your property.
How Much is Home Insurance in Lowell, Arkansas?
The average cost for home insurance in Lowell is $1,261 among TGS Insurance Agency customers. This average is based on policies with an average home value of $186,256. While every policy is different and dependent on multiple factors, including your home’s value and coverages your choose, we have proudly been able to save our Arkansas customers an average of $870 per year on their home insurance premiums when they switch to us. 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 Lowell By Dwelling Coverage Levels
Several factors go into a carrier’s calculations for your Lowell home insurance quote. One of the biggest 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 Lowell carrying $100,000-$200,000 dwelling coverage costs an average of $1,240, while increasing that coverage level to $300,000-$400,000 will costs you an average of $1,657 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,240
$200,000-$300,000 $1,265
$300,000-$400,000 $1,657
$400,000-$500,000 $2,037
The Age of Your Home and Homeowners Insurance in Lowell, Arkansas
Homeowners in Lowell looking for the most affordable home insurance rates may want to consider looking at newer homes. While older homes may have a certain charm that can be lost on new builds, they also tend to have more problems as elements such as piping or mechanical systems age; this means they are a more considerable risk to insure in the eyes of carriers. In fact, in Lowell, the average home insurance quote for homes that were built more than 15 years ago is 32% more than a home built within the past 15 years. Over the last few years, we have seen homeowners with homes built in the past 15 years pay an average annual premium of $1,045 while those with homes older than 15 years see quotes closer to an average of $1,383 per year.
If you own an older home, there are several steps you can take to help reduce your premiums, such as:
- Bundle your home policy with another policy
- Choose a higher deductible
- Keep your home’s replacement cost estimate up to date
- Stay ahead of repairs and updates to your home by scheduling routine maintenance (and be sure to notify your agent of repairs or upgrades made!)
Cheapest Homeowners Insurance Companies in Lowell
Shopping for home insurance is no easy feat. Insurance carriers set their own rates, so the same coverage will sometimes 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 Lowell, Arkansas, are Encompass and State Auto. Home insurance quotes from TGS Insurance for Encompass average $1,283 annually. Home insurance quotes for State Auto run a little bit higher, averaging $1,429 per year.
Lowell Zip Codes We Insure
- 72745
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.
