Popular Questions about Homeowners Insurance in Arkansas

On average, American homeowners pay $1,211 per year for their home insurance coverage. However, in Arkansas, the average annual premium is higher at $1,373 a year. Shopping around for the best price has the potential to save you hundreds of dollars a year.

Even though the cost of home insurance may seem like a lot of money, having this coverage is important because hazards like severe weather, accidental fires, and property crimes can result in expensive losses for Arkansas homeowners who are not insured.

Your home insurance policy is designed to cover against many of the hazards you are likely to face as a property owner in Arkansas. Whether you have been impacted by a tornado, a house fire, or a rash of burglaries, you can gain peace of mind from knowing that a suitable Arkansas homeowners insurance policy can cover the associated costs.

Let’s look at some of the ways that your homeowners insurance policy can protect your finances:

  • Pay to repair or replace your home and your belongings
    • Example: An accidental fire in your kitchen gets out of control and not only damages a significant portion of your house, it also 
  • Pay for someone else's injuries or property damage when it's your fault
    • ExampleA neighbor’s child suffers a serious head injury when he falls off the trampoline in your backyard. Because you allowed unsupervised activity on the trampoline, you are held liable.
  • Pay for your temporary living expenses when your home is damaged
    • Example: A major windstorm causes a tree in your front yard to uproot and it falls onto your house. Because the structural integrity of the house is compromised, you must seek alternate living arrangements until this house is brought to code.

We can’t be 100% certain, but in 2016, insurance companies paid out more than $550 million in home insurance claims in the state of Arkansas alone.

Those are a lot of unfortunate events happening to Arkansas homeowners!

Insurance companies calculate home insurance costs according to how valuable your property is and how likely it is that something bad will happen to it.

The higher the probability that a damaging event will affect your house or personal property, the more expensive your home insurance policy will be. We call these potential damaging events risks or exposures. Let’s take a look at how risky Arkansas is compared to the rest of the US.


The bad news is that the overall burglary rate in Arkansas is significantly higher than the national average. This can have a negative influence on your home insurance rates, particularly if your house is located in a high-crime ZIP code.

  • Average number of burglaries per 1,000 homes in the US: 3.76
  • Average number of burglaries per 1,000 homes in AR: 6.37

There are ways to keep your costs manageable. Many insurance companies offer policy discounts if you have a burglar alarm, deadbolt locks, and other security features installed in your home.


Severe weather events, like tornadoes and hail, can wreak havoc on residential properties in this state. Be sure that your home insurance provides all the coverage you need before disaster strikes.

  • Number of federally declared disasters in AR since 1953: 78
  • Most common causes of disasters in the state:  Severe storms, floods, and tornadoes
  • Average number of tornadoes per year in the state: 38.2
  • Amount paid in home insurance claims in AR in 2016: $550,629,000

Keep in mind that while most disasters are covered by homeowners insurance, flood damage is not. A local independent agent can help you supplement your homeowners insurance coverage with an affordable flood insurance policy through the National Flood Insurance Program (NFIP).

Home values:

The size of your home can affect your home insurance rates since larger homes tend to have more personal property inside them. The estimated cost to rebuild your home will also play a large role in how much your home insurance costs.

In Arkansas, the average home value is lower than the national average. However, in many of this state’s larger cities and their suburbs, properties values tend to be a bit higher.

  • Average home value in the US: $188,900
  • Average home value in AR: $128,500

For help determining how much coverage you need for your house, you can consult a local independent insurance agent.

No single insurance company is best for everyone. The policy that offers the best value to you and your family may not necessarily be the best choice for your next-door neighbor or your best friend.

That is why independent agents compare policies and rates from multiple companies. That way, they are able to find the coverage that is best able to meet your coverage needs and budget.

Yes! There are currently 220 independent insurance agents in Arkansas who are ready to help.

Did you know that independent insurance agents can work with several different insurance providers to find you the best rate for coverage? Working with these agents enables you to buy a policy that meets all your coverage needs at a highly competitive price.

How does home insurance work?

Find the Best Homeowners Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 3.76 per 1,000 homes

National average home value $269,000

National average home insurance cost $1,211 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
Fort Smith$189,1688.05$1,097
Hot Springs$196,29520.00$1,392
Little Rock$211,37010.43$1,544
North Little Rock$147,5226.49$1,218
Pine Bluff$107,12015.76$960
  1. $129
  2. Little Rock, AR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Little Rock is $129.
  4. Because your homeowners insurance is completely customized to specific details about you and your home, your monthly premium may be higher or lower than this average. Insurance companies consider your home’s size, value, location, and other factors when they calculate your monthly rate. 
  5. Severe storms in Little Rock have been known to cause significant damage to area homes. Whether due to lightning strikes, heavy winds, hail, or toppled trees, these damage can be extremely expensive to repair. Sometimes, area storms even generate tornadoes. For example, on March 1 of 1997, 16 tornadoes touched down in Arkansas, two of which were within eight miles of the Little Rock city center. A direct hit by a tornado can completely level your house and destroy all of your belongings.
  6. Fortunately, your home insurance can pick up the tab once your deductible is met. Talk to a local independent agent to learn more about what your policy will and will not cover and for help making sure that your dwelling and contents insurance coverage levels are high enough to enable you to completely rebuild and start over if necessary.

  1. $91
  2. Fort Smith, AR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Fort Smith is $91.
  4. Keep in mind, however, that homeowners insurance rates in can vary from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home; the materials used in your house’s construction; the crime rate in your ZIP code; the size of your deductible; and even your credit score.
  5. Residents of Fort Smith often experience severe storms. When these storms bring prolonged, heavy rains to the area, the banks of the Arkansas River can rise and drainage systems throughout the city can become overwhelmed. This can lead to flash flooding in Fort Smith. It is important to be aware that even though homeowners insurance covers the damage caused by severe storms, it does not cover against any accompanying flood damage.
  6. Because flooding is a concern for many residents of this city, it is a good idea to supplement your home insurance with an affordable flood insurance policy through the NFIP. An independent insurance agent can show you how.

  1. $132
  2. Fayetteville, AR Monthly average home insurance cost
  3. The average monthly cost of homeowners insurance in Fayetteville is $132. 
  4. Of course, some homes cost more to insure than others so rates are determined on a case-by-case basis. This average rate, therefore, can only give you a general idea of what you might be expected to pay. Your costs will be influenced by the size and value of your house, your claims history, your deductible amount, and other factors.
  5. Hailstorms can be a problem in Fayetteville. Hailstones that exceed one inch in diameter can do significant damage to roofs, gutters, siding, and window. In Fayetteville, residents have reported stones measuring up to 4 inches in diameter. The Fayetteville ZIP code with the most hail reports is 72701.
  6. If hail causes damage to your roof, windows, or siding, how will you pay for repairs? With Fayetteville homeowners insurance, you can rest assured knowing that your home can be returned to normal without you needing to face a large personal expense. Talk to a local independent insurance agent to learn more.

  1. $103
  2. Springdale, AR Monthly average home insurance cost
  3. The average monthly cost of homeowners insurance in Springdale is $103.
  4. The price you are quoted by homeowners insurance companies may be different from your neighbor’s because rates are based on several factors such as the size and value of your house, the age of your roof, your claims history, and the size of your deductible. Your quoted rate for home insurance may therefore be higher or lower than this average.
  5. One of the most devastating things that can happen to a homeowner is a residential fire. In addition to damaging the structure of your house, a fire can lead to the total loss of your personal belongings including your furniture, electronics, clothing, kitchenware, and family heirlooms. While homeowners insurance cannot bring back your precious keepsakes, it can give you peace of mind knowing that the disaster will not cause you large financial losses.
  6. Because fire is so destructive, it is important that you ensure that your dwelling coverage is sufficient to enable you to rebuild your home and that your contents coverage is high enough to cover the cost of replacing all of your lost or damaged property. An insurance agent in Springdale can help you review your coverage limits to ensure that they are at appropriate levels.

  1. $128
  2. Jonesboro, AR Monthly average home insurance cost
  3. The average monthly cost of home insurance in Jonesboro is $128.
  4. Of course, the price you may actually be quoted for coverage may differ from this amount depending on a number of factors. Your rate will be calculated according to such things as the age, size, and value of your house, the crime rate and weather risks in your ZIP code, your claims history, and sometimes even your credit score. 
  5. One of the most common hazards faced by homeowners in Jonesboro is that of property crime. This city, in which residents report more than 1,000 burglaries in a typical year, has a burglary rate that is double the state average. Fortunately, your home insurance covers against property loss and damage to your house if you are the victim of a property crime like burglary or vandalism.
  6. If your house is broken into, first make sure you and your family are safe and then call the authorities. You will need a copy of the police report when you file a claim. If you need assistance, your local independent agent can provide guidance throughout the claims process.