Fayetteville Homeowners Insurance

Your Complete Guide to Fayetteville, AR, Homeowners Insurance

(When you're looking for the right coverage at a good price)

Fayetteville Arkansas homeowners insurance

Fayetteville, AR, is known as the "Athens of Ozarks." Praised for its innovative spirit, Fayetteville is an academic epicenter. 

When you're searching for homeowners coverage in this 85,257 resident town, an independent insurance agent can help. Get connected today and find a reliable policy that works for you. 

The Cost of Fayetteville, AR, Home Insurance

The cost of homeowners insurance in Fayetteville, AR, will be different than anywhere else. Every premium is specific to each home and person. The carriers have certain criteria when rating your home policy. Let's look at the average home insurance premium:

  • National average: $1,211
  • Arkansas average: $1,373

Your rates could be above or below the state and national averages. Carriers look at a variety of risk factors when it comes to rating your policy. 

Risk factors the carriers look for:

  • Your claims history 
  • The coverages you select 
  • The local weather
  • Your credit score
  • The local crime rates
  • The year, construction type, and square footage of your home

Homeowners insurance is an important step, and your coverage needs to be accurate. Contact an independent agent to get the right policy in place. 

Does Your Fayetteville, AR, Home Policy Cover Burglaries?

Burglaries are a common occurrence in every city. Fayetteville is a large town with reasonably low rates of crime. Let's take a look at the burglaries per 100,000 households:

  • Number of burglaries per 100,000 homes in the US: 376
  • Number of burglaries per 100,000 homes in Arkansas: 636.8
  • Number of burglaries per 100,000 homes in Fayetteville: 510.3

The number of burglaries in Fayetteville is lower than the state but higher than the national average. Your rates could be impacted negatively, depending on your other risk factors. An independent agent can help quote a homeowners policy to see how crime affects your costs.

Liability Insurance Options in Fayetteville, AR

Your home's liability insurance is one of the most used coverages on your policy. It will insure a variety of things when a lawsuit is presented. Let's look at some occurrences where liability would apply:

  • If a household member is sued for slander
  • If a person injures themselves on your property
  • If a household member causes injury or property damage to another party
  • If your pet harms a person or property

Another policy to have in place is umbrella insurance. When you're dealing with a larger than life claim, you need coverage that will support you. 

Umbrella insurance explained:

An umbrella insurance policy will provide coverage above and beyond your underlying home and auto liability limits. When your primary home limits are exhausted, your umbrella insurance will kick in. Connect with a Fayetteville independent agent to get the right liability insurance for your home. 

Your Risk as a Homeowner in Fayetteville, AR

When catastrophes and natural disasters occur, your homeowners insurance could be your lifeline. When you have inadequate coverage, you'll be responsible for a loss out of pocket. Your home insurance should be there when you need it most. 

Catastrophic events in Fayetteville:

  • Number of federally declared catastrophes since 1953: 78
  • Most common disasters: Severe storms
  • Number of tornadoes per year: 39
  • Homeowners claims paid in 2016: 550,629,000

You should have the protection you need for life's worst moments. A local agent can help you find the home policy you need. 

How Flood Insurance Works in Fayetteville, AR

The majority of homeowners aren't aware that their policy won't cover flood damage. For that, you'll need separate insurance in place. 

How to get flood insurance in three easy steps:

#1  Get connected with an independent agent on TrustedChoice.com

#2  Have your agent pull the flood zone for your property and quote through FEMA-approved carriers

#3  Buy flood insurance from the best option presented by your agent

Whether you live in a mobile home or single-family dwelling, disaster has no favorites. Talk with your independent agent to discuss coverage.

Work with an Independent Agent in Fayetteville, AR

A homeowners policy will give you the coverage you need for a price that fits within your budget. When you work with an independent insurance agent, you can have the best of both worlds.

Go to TrustedChoice.com to find a local agent for your insurance coverage. They can match you in minutes with the right Fayetteville agent.

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