Find the Best Homeowners Insurance Rates and Companies in Arkansas

The median home price in Arkansas is around $186,634. It’s essential for homeowners in Arkansas to protect their homes from threats like fire, theft, vandalism, and severe weather. If you own a home in Arkansas, homeowners insurance can provide coverage for property damage and lawsuits.

An independent insurance agent can help you find the best home insurance in Arkansas. Independent agents can help you get quotes from multiple insurance companies so that you can make the best choice for your needs and budget. 

Best Homeowners Insurance Companies in Arkansas

Many insurance companies in Arkansas offer home, car, and business insurance. The following are some of the best homeowners insurance companies in Arkansas. They are highly rated for their mix of valuable coverage offerings and competitive pricing. 

  • Progressive: Progressive is based in Ohio, but offers homeowners insurance across all 50 states, including Arkansas. Arkansas residents can look to Progressive for most of their personal insurance needs. 
  • Safeco: Safeco has been protecting individuals and families since 1923. The company offers homeowners insurance in Arkansas, as well as a comprehensive range of other personal insurance policies. Working through independent agents, Safeco makes it easy to get the best mix of coverage and pricing.
  • Travelers: Travelers offers highly rated homeowners insurance in Arkansas. It can meet your additional personal insurance needs with a full line of products, including auto, boat, identity theft, umbrella, and other coverages. 
  • Stillwater Insurance Group: Stillwater is a national personal and commercial lines carrier with rock-solid financial stability. The company can help you with your homeowners insurance needs in Arkansas. 
  • Hanover Insurance Group: Together with local independent agents, Hanover Insurance Group offers you tailored home insurance coverage options for your needs with the services and convenience you expect.

An independent insurance agent in your area can help you learn more about these and other homeowners insurance companies in Arkansas. A local independent insurance agent can help you get competitive quotes for the coverage that fits your Arkansas insurance needs.

What Can Homeowners Insurance in Arkansas Cover?

Having homeowners insurance in Arkansas is the smart way to protect yourself from the worst things that can happen. 

In Arkansas, you face potential threats to your property all the time, including a variety of natural disasters. There have been 78 disasters declared in Arkansas since 1953. And there are a variety of other risks to your home and personal property, including: 

  • Burglary and other property crimes
  • Severe storms and lightning
  • Flooding and water damage
  • Tornados
  • Severe ice storms and freezing

Homeowners insurance in Arkansas covers a wide range of perils that could potentially damage your home, your belongings, or certain other structures on your property. And with homeowners insurance in Arkansas, you’ll be prepared to tackle a lawsuit without losing everything. 

Technically, if you don’t have a mortgage, you can go without homeowners insurance in Arkansas. But that's not a great idea. If something happened to your home, like a fire, a severe storm, a burst pipe, or a burglary, you’d have to pay for repairs and for replacing lost or damaged belongings on your own. 

A homeowners insurance policy typically categorizes coverage and coverage limits as follows. If you don’t have homeowners insurance, you put all of this at risk:

  • Dwelling coverageCovers your house and attached structures. It also covers items like plumbing, heating, and permanently installed air conditioning systems, and electrical wiring.
  • Other structures coverage: Protects other structures on the property, such as detached garages, tool sheds, retaining walls, and so on. 
  • Personal property coverage: Protects the contents of your home and other personal belongings owned by you or family members who live with you. 
  • Loss of use coverageHelps you with additional living expenses if your home is damaged by a covered peril (e.g., a fire) and you cannot live in your home while repairs are being made. It typically covers expenses like housing, meals, storage, and more, as long as they are in line with your usual living expenses. 
  • Personal liability coverage: Provides coverage if you or a resident of your household is responsible for causing property damage or an injury to someone else. 

You can also customize your policy to cover other risks. You can add coverage for identity theft, sewer and water backup, scheduled personal property, business property, and more. 

A local independent insurance agent can help you find homeowners insurance in Arkansas.

What Won't Homeowners Insurance in Arkansas Cover?

Homeowners insurance in Arkansas excludes coverage for certain losses. It doesn't cover everything that can go wrong with your home or on your property. 

First, the liability coverage in your homeowners insurance policy has certain limitations. If you hurt someone because of an intentional act, your liability coverage will not cover you. You can find all the exclusions to your liability coverage in your policy documents.

Moreover, your property coverage will not cover every type of property damage you might encounter. Almost all homeowners insurance policies in Arkansas exclude coverage for property damage caused by the following:

  • Ordinance or law (e.g., demolition or construction required to bring your house up to code)
  • Earth movement (e.g., earthquakes, sinkholes, landslides)
  • Water damage due to floods, sewer back-ups, and water that seeps through the foundation
  • Power failure
  • Neglect
  • War
  • Nuclear hazard
  • Intentional acts
  • Governmental action (e.g., destruction, confiscation, or seizure of covered property by any governmental or public authority)
  • Loss to property resulting from faulty zoning, bad repair or workmanship, faulty construction materials, and defective maintenance

To avoid any surprises down the road, be sure to understand what your home insurance in Arkansas does and doesn't cover when you decide to purchase a policy. 

Flood Damage in Arkansas

If you’re a homeowner in Arkansas, it’s important to understand that your homeowners insurance does not cover flood damage. And you may actually reside in an area that is designated as a high-risk flood zone. You need flood insurance to make sure that your home and belongings are covered in the event of a damaging flood.

It’s important to discuss your need for supplemental flood insurance with your independent insurance agent. 

If necessary, your agent can help you purchase flood insurance from the National Flood Insurance Program (NFIP), a program established by the federal government to help homeowners recover after a flood event.

Average Cost of Homeowners Insurance in Arkansas

Arkansas is the 13th most expensive state for homeowners insurance in the US. The average home insurance cost in Arkansas is more than the national average. 

  • National average annual homeowners insurance premium: $1,211
  • Arkansas average annual homeowners insurance premium: $1,373

Your home insurance rates in Arkansas may be higher or lower than average, depending on your home’s unique characteristics (size, location, age, value, etc.) and other risk factors (crime rate, severe weather risk) in your neighborhood. 

Expect to pay more if your property's location has more weather or disaster hazards than most. You will also pay more if your home costs more to repair or rebuild than others, or if you live in a high-crime ZIP code.

A local independent insurance agent can help you get home insurance quotes in Arkansas.

How well do Arkansas's cities measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,428 year

CityAvg. home valueBurglaries / 1,000 ResidentsAnnual 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

Popular Questions about Arkansas Home Insurance

Homeowners in Arkansas pay about $114 per month, on average, for home insurance. Arkansas is ranked 13th in the nation for home insurance costs. That means that many Arkansas homeowners will pay more for their home insurance coverage than residents of other states. But most homeowners will pay more or less than average, depending on the specific risk factors for their home and neighborhood. 

With Arkansas having over $550 million in home insurance claims paid in one year alone, having the right amount of home insurance can save you from financial ruin. Since your homeowners policy is customized, the amount of coverage you need depends on the value of your home, personal property, and other individual risk factors. 

The main purpose of homeowners insurance is to cover property damage. Home insurance policies in Arkansas will include dwelling coverage, other structures coverage, personal property coverage, and loss of use/additional living expenses coverage

Homeowners insurance in Arkansas also includes homeowners liability coverage. It protects you when someone claims you have caused an injury or property damage. It covers the injured party's expenses (e.g., medical bills, property repairs) and your legal fees if you're sued. After a lawsuit, it can even cover financial settlements or court-ordered judgments.

Homeowners insurance rates in Arkansas are unique to you. Insurance companies calculate your rates by looking at your home, the risk factors for your neighborhood, and your specific coverage needs. 

If you live in a ZIP code with a high crime rate or one that is highly susceptible to natural disasters, you can expect to pay more than someone living in a safer area. If you live in an area of Arkansas that has a lot of severe storms (there are around 28 severe storms per year in the state, on average), your home insurance costs may be higher than others. 

You have a lot of options for your homeowners insurance policy in Arkansas. The best homeowners insurance companies in Arkansas are TravelersProgressiveStillwater Insurance GroupSafeco, and Hanover Insurance Group. These companies are highly rated for their mix of valuable coverage offerings and competitive pricing. 

Yes. Arkansas has 220 independent insurance agencies to choose from when selecting home insurance. Independent agents work for you free of charge, ensuring that you get the best options for an affordable rate.

There have been 79 disasters declared in Arkansas since 1953. The most common disasters in Arkansas are:

  • Severe storms
  • Floods
  • Tornadoes

It’s important to have home insurance in Arkansas to protect you when disasters strike. And if you live in a high-risk flood zone, flood insurance is an important part of your insurance protection, as well. 

Searching for the best and most affordable homeowners insurance in Arkansas can be frustrating and confusing. That’s why it pays to have an experienced insurance professional in your corner.

Instead of getting an online quote, find an independent insurance agent in Arkansas now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice. 

Contact an agent today for a free, no-obligation consultation. 

Do you know what your home insurance covers in Arkansas?

Find the Best Homeowners Insurance in Your City

Average Cost of Home Insurance Near You

The average monthly cost of homeowners insurance in Fayetteville, AR is $132. 

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.

Hailstorms can be a problem in Fayetteville. Hailstones that exceed one inch in diameter can do significant damage to roofs, gutters, siding, and windows. In Fayetteville, residents have reported stones measuring up to 4 inches in diameter. The Fayetteville ZIP code with the most hail reports is 72701.

The average monthly cost of home insurance in Fort Smith, AR is $91.

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.

Residents of Fort Smith often experience severe storms. When these storms bring prolonged, heavy rains to the area, 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 any accompanying flood damage.

The average monthly cost of home insurance in Jonesboro, AR is $128.

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 things like 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. 

One of the most common hazards faced by homeowners in Jonesboro is 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.

The average monthly cost of home insurance in Little Rock, AR is $129.

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. 

Severe storms in Little Rock have been known to cause significant damage to area homes. Whether due to lightning strikes, high wind, hail, or toppled trees, this damage can be extremely expensive to repair. Sometimes, area storms even generate tornadoes. On March 1, 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.

The average monthly cost of homeowners insurance in Springdale, AR is $103.

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.

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.