Comparison Shop Home Insurance in Maumelle from Multiple Carriers in Minutes!
Less than 50% of homeowners comparison shop when their policy is up for renewal and leave 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!
Maumelle 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 Does Maumelle Homeowners Insurance Cost?
The average TGS Insurance home insurance policy for Maumelle is $1,600 per year. This average is based on policies with an average home value of $232,898 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 adaptable 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.
Comparing Average Home Insurance Premiums in Maumelle 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 Maumelle, carrying $150,000 in dwelling coverage would result in a premium of around $1,385 per year, whereas having dwelling coverage worth closer to $350,000 would cost around $1,896 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,385
$200,000-$300,000 $1,668
$300,000-$400,000 $1,896
$400,000-$500,000 $2,102
The Age of Your Home and Homeowners Insurance in Maumelle, Arkansas
Homeowners in Maumelle 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 Maumelle, the average home insurance quote for homes that were built more than 15 years ago is 11% 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 $1,481 while those with homes older than 15 years see quotes closer to an average of $1,643 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 Maumelle 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 Maumelle, Arkansas, are Encompass and State Auto. On average, TGS Insurance homeowners in Maumelle, Arkansas, pay $1,602 for Encompass annually and $2,138 for State Auto.
Zip Codes in Maumelle We Insure
- 72113
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.
