Comparison Shop Home Insurance in Mountain Home from Multiple Carriers in Minutes!
Did you know less than 50% of homeowners comparison shop when their policy is up? That means more than half of homeowners are leaving 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!
What Does Homeowners Insurance in Mountain Home cover?
The majority of home insurance policies include some level of the following types of coverages.
Coverage A covers damages to your home
Coverage B covers damages to additional structures on your property such as detached garages, sheds, or fences
Coverage C covers damage to personal property such as furniture, electronics, and clothes
Coverage D covers additional living expenses if your home becomes uninhabitable due to a covered loss
Coverage E covers personal liability including coverage for claims arising from accidents on your property
Coverage F covers medical expenses for injuries occurring on your property for those outside of your household
How Much Does Mountain Home Home Insurance Cost?
The average homeowners insurance policy in Mountain Home costs $1,318 per year among TGS Insurance customers. This average is based on policies with an average home value of $206,263 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 saved 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!
Average Home Insurance Quotes in Mountain Home By Dwelling Coverage Levels
One of the biggest mistakes a homeowner can make is not carrying enough dwelling coverage on their home insurance policy. Dwelling coverage refers to the amount it would cost to completely rebuild your home from the ground up to its current value. The dwelling coverage level you select is one of the most significant factors insurance carriers use when determining your home insurance premium. So, for example, if you choose $100,000-$200,000 in dwelling coverage, your home insurance policy in Mountain Home, Arkansas, will cost an average of $1,158. However, if you needed $300,000-$400,000 in dwelling coverage, your home insurance premium would then increase to an average of $1,784. The more dwelling coverage you want, the higher the home insurance premium.
Home Value Average Annual Premium (incl. Wind Coverage)
The Age of Your Home and Homeowners Insurance in Mountain Home, Arkansas
Homeowners in Mountain Home 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 Mountain Home, the average home insurance quote for homes that were built more than 15 years ago is 6% 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 $1,282, while those with homes older than 15 years see quotes closer to an average of $1,350 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!)
Most Popular Mountain Home Home Insurance Carriers
Homeowners in Mountain Home all want the same thing- an excellent home insurance policy that doesn’t break the bank. Cost is one of the most influential things homeowners look at when purchasing insurance, next to the amount of coverage. This is why it’s imperative for homeowners to comparison shop their policy across multiple carriers! Insurance carriers all set their rates, so your premium could vary across numerous carriers with the same coverage. Our two most affordable (and popular) insurance providers in Mountain Home, Arkansas, are Encompass and State Auto. On average, TGS Insurance homeowners in Mountain Home, Arkansas, pay $1,407 for Encompass annually and $1,429 for State Auto.
Mountain Home Zip Codes We Insure
Zip code not listed? Don’t worry! We’re able to help homeowners throughout Arkansas save money on their home insurance. Get started with a free instant quote by providing your address above.