Getting a Newport Home Insurance Quote Has Never Been Easier!
Gone are the days of filling out endless questionnaires about your home or talking on the phone with an insurance agent for over 15 minutes, only to wait days to get an insurance quote. At TGS Insurance, we’ve flipped the industry norm upside down to provide customers with a real, accurate home insurance quote in 15 seconds or less, using just your address! That policy is shopped through our bank of 35+ A-rated (or better) carriers, so you can rest-assure it’s the best policy the market has to offer! We even handle everything from policy inception to payment and anything else in between for the easiest shopping experience ever.
You’re one click away from never having to worry about insurance again!
Newport Home Insurance Coverage: The Basics
You’ve invested in your house; now it’s time to protect it while you make it your home. Most standard policies will provide coverage for the structure of your home, any additional structures on the property, such as a shed or detached garage, and your personal belongings (with varying limits). Coverage will also include financial protection from legal action and medical care in the instance that someone is harmed on your property.
How Much is Home Insurance in Newport, Arkansas?
The average cost of homeowners insurance in Newport is $1,465 among TGS Insurance Agency customers. This average includes windstorm and hail coverage and is based on policies with an average home value of $215,363. Every policy is unique based on the characteristics of the home and coverage needs so that rates will vary from home to home and even carrier to carrier. By comparison shopping policies, we can find the right policy at the best price without compromising on coverage. On average, we’ve been able to save our customers more than $850/year when they switch to TGS Insurance Agency. Finding out how much you can be saving is as easy as providing your address above for an instant quote– really!
Average Home Insurance Quotes in Newport By Dwelling Coverage Levels
Home insurance carriers consider several factors when calculating your home insurance premium. One of the biggest components is how much dwelling coverage you need. Dwelling coverage refers to the amount it would cost to completely rebuild your home from the ground up to its current value. Unfortunately, some homeowners don’t carry enough dwelling coverage. If a disaster were to strike, you wouldn’t have enough financial assistance to help rebuild your home and would be left with the remaining balance. In Newport, homeowners wanting $100,000-$200,000 in coverage should expect to pay about $1,298 per year for homeowners insurance. For $300,000-$400,000 in dwelling coverage, homeowners would see an average of $1,834 in Newport, Arkansas. The more dwelling coverage, the higher the home insurance premium.
Home Value Average Annual Premium (incl. Wind Coverage)
How the Size of Your Newport Home Impacts Your Homeowners Insurance Rates
Many factors impact your home insurance premium, and one of those factors is the square footage of your home. As the footprint of your home increases, the cost of replacing it should it need to be rebuilt due to covered perils increases. For this reason, insurers view bigger homes as a more significant risk and will often come with a higher home insurance premium to reflect that more substantial risk. Our data shows that home insurance quotes in Newport for homes that 2,000+ square feet are, on average, 23% higher than homes that are less than 2,000 square feet in size.
Home Age Average Annual Premium (incl. Wind Coverage)
0-15 Years $1,411
15+ Years $1,478
Keep in mind that size is not the only factor influencing your premium! Other factors insurers often consider include:
- Roof condition and age
- Credit history
- Claims history
- Marital Status
- Breeds of pets
- Attractive nuisances (swimming pools, trampolines, swing sets, etc.)
- And more!
Most Affordable Home Insurance Companies in Newport
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 Newport 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 Newport, Arkansas, are Encompass and State Auto. On average, TGS Insurance homeowners in Newport, Arkansas, pay $1,466 annually for Encompass and $1,909 for State Auto.
Newport Zip Codes We Insure
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.