Comparison Shop Home Insurance in Van Buren 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 Van Buren 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 Van Buren Home Insurance Cost?
The average homeowners insurance policy in Van Buren costs an average of $1,444 per year among TGS Insurance customers. This average is based on policies with an average home value of $195,345 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 Premiums in Van Buren By Dwelling Coverage Levels
Several factors go into a carrier’s calculations for your Van Buren home insurance quote. One of the most significant 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 Van Buren, carrying $100,000-$200,000 dwelling coverage costs an average of $1,178, while increasing that coverage level to $300,000-$400,000 will cost you $2,528 per year.
Home Value Average Annual Premium (incl. Wind Coverage)
$100,000-$200,000 $1,178
$200,000-$300,000 $1,780
$300,000-$400,000 $2,528
$400,000-$500,000 $3,046
How Your Home’s Size in Van Buren 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 also typically house more contents which requires higher personal property coverage limits. In Van Buren, the average home insurance quote for a home bigger than 2,000 square feet is 65% 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 $1,965 annually on average, while homes smaller than 2,000 square feet have been running closer to $1,190.
Most Affordable Home Insurance Companies in Van Buren
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 Van Buren 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 Van Buren, Arkansas, are State Auto and Encompass. On average, TGS Insurance homeowners in Van Buren, Arkansas, pay $1,448 for State Auto annually and $1,964 for Encompass.
Van Buren Zip Codes We Insure
- 72956
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.
