Finding Affordable Pea Ridge Home Insurance Is Easier Than You Think.
Looking for home insurance can be tedious, boring, overwhelming… you name it, we’ve heard it. And we agree! That’s why TGS Insurance Agency is dedicated to doing the heavy lifting for you, starting with instantly comparing quotes from 35+ A-rated (or better) carriers to find you the best possible price in your area without having to compromise on coverage. We can provide you with your initial quote within 15 seconds with just your address. From there, if you would like to customize your policy, any of our dedicated independent agents are ready to work for you to create a policy that covers everything you need.
We shop. You Save. Yes, it really is that easy.
What Does Homeowners Insurance in Pea Ridge 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 Pea Ridge Home Insurance Cost?
The average homeowners insurance policy in Pea Ridge costs an average of $1,219 per year among TGS Insurance customers. This average is based on policies with an average home value of $182,768 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!
Comparing Average Home Insurance Premiums in Pea Ridge 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 significant component of your home insurance policy, your limit on the coverage affects your overall premium. In Pea Ridge, carrying $150,000 in dwelling coverage would result in a premium of around $1,190 per year, whereas having dwelling coverage worth closer to $350,000 would cost approximately $1,649 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,190
$200,000-$300,000 $1,256
$300,000-$400,000 $1,649
$400,000-$500,000 $1,915
How Your Home’s Size in Pea Ridge 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, which is 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 larger home will come with a higher cost of replacement which tends to contribute to higher premiums. Larger homes typically house more content, requiring higher personal property coverage limits. In Pea Ridge, the average home insurance quote for a home bigger than 2,000 square feet is 10% 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 $1,191.
Cheapest Homeowners Insurance Companies in Pea Ridge
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 Pea Ridge, Arkansas, are Encompass and State Auto. Home insurance quotes from TGS Insurance for Encompass average $1,229 annually. Home insurance quotes for State Auto run a little bit higher, averaging $1,401 per year.
Pea Ridge Zip Codes We Insure
- 72751
Zip code not listed? Not a problem! We can find incredible rates for homeowners throughout Arkansas. Enter your address above for a free instant home insurance quote.
