Ames Homeowners Insurance

Your Complete Guide to Ames, IA Homeowners Insurance

(And where to find an independent agent in town.)

Home to Iowa State University, Ames is a college town with a lot of grit. It leads the way in agricultural studies, engineering, and veterinary medicine. 

As a resident of this university town, you'll want proper home protection. A local independent insurance agent can help you find the coverage you need. 

Is Owning a Home in Ames, IA Safe?

Ames, IA has a resident population of 66,498, making it a mid-sized town. Typically, the smaller the city, the less crime you will have due to fewer people occupying it. Of course, there are exceptions. So let's take a look at the number of burglaries per 100,000 homes:

  • National average: 376.00
  • Iowa average: 352.60
  • Ames average: 367.60

Ames is lower than the national average and just above the state average when it comes to burglary. The crime rate in your area will impact your home insurance premium. The carriers look at property crime claims to determine how much additional cost is incurred. To know your exact pricing, connect with your Ames independent agent. 

Crime Rates and Your Homeowners Premiums:

  • Higher crime rate: The carriers will charge higher premiums for policyholders who live in cities with higher crime rates. Since your chances of being the victim of a crime are greater, they need to make up their losses.
  • Lower crime rate: If you live in city with lower crime rates, you will be charged lower premium on your policy. The less risk you transfer to the insurance companies, the more they discount your policy.

Connect with your local agent to see how the crime rates in Ames will impact your home insurance premium. 

Homeowners Insurance Claims in Ames, IA

Natural disasters, fire, and theft are some of the most common insurance claims reported. If you experience any of these losses, you'll want to make sure your home policy responds. Take a look at the most frequent threats to your home in Ames, IA:

  • Floods
  • Storms
  • Tornadoes
  • Winter storms
  • Hurricanes

The Number 1 threat in Ames is flooding. To ensure your home is well protected, you'll want to discuss flood insurance with your independent agent. 

Flood Insurance in Ames, IA

Contrary to popular belief, your homeowners policy does not provide insurance for flood damage. A separate flood policy is needed to have any coverage at all. To get a flood policy, follow these simple steps:

  1. Get your independent agent to check your flood zone.
  2. Run quotes with FEMA-approved carriers through your agent.
  3. Obtain flood insurance from your independent agent.

No matter what zone your home is in, each property is at risk for flooding. When you have flood insurance, you won't have to worry about the thousands of dollars in damage that could occur.

Liability Insurance and Your Ames, IA Home

Liability insurance will protect against lawsuits resulting from injury or property damage caused by you and your household members.

Situations Where Your Liability Insurance Will Apply:

  • A tree falling on a neighbor's property, causing damage
  • Claims of slander online or in person, whether by you or a household member
  • A dog bite claim
  • A person injuring themselves on your property

Additional liability insurance can be purchased through your independent agent. This coverage is known as umbrella insurance. When your underlying home limits have been exhausted, an umbrella policy will kick in. Umbrella insurance is usually used in a larger loss. Contact your Ames agent for coverage options.

The Cost of Homeowners Insurance in Ames, IA

Your premiums will be customized to you and your home's specifications. Since every person and home is different, your premiums will be different. The comparison game doesn't work too well when you're talking about home insurance. However, knowing the averages will show where you fit in: 

  • National average annual premium: $2,305
  • Iowa average annual premium: $2,540

Rates for your home insurance may be above or below the state and national figures. The best way to know where your cost stands is to have your agent run quotes.

Factors Your Insurance Company Uses to Determine Cost:

  • Address
  • Crime rate
  • Credit score
  • Loss history
  • Insurance score
  • Condition of the home
  • Square footage 
  • Replacement cost of home
  • Year built and materials used in the home

Call your Ames independent agent to get a quote based on your home's characteristics today. 

Find an Ames, IA Independent Agent

If you're on the hunt for homeowners insurance that won't break the bank, an independent insurance agent can help. They work with local carriers, so you have options and competitive pricing. 

When you choose an independent agent, they do the comparison shopping on your behalf. Go to TrustedChoice.com to find a local agent to get started.

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