Best Homeowners Insurance in Arkansas
We analyzed data from more than 150 insurance companies to help you find affordable home insurance in Arkansas.
We analyzed data from more than 150 insurance companies to help you find affordable home insurance in Arkansas.
The average cost of home insurance in Arkansas is $195 per month ($2,342 per year). The easiest way to find a cheap home insurance policy in Arkansas is to compare rates and consider policies from as many insurance companies as you can.
Unlike car insurance, homeowners insurance isn't controlled by state legislation. But major gaps exist in home insurance rates on a state-by-state basis, including in Arkansas. Policy prices in states may vary based on the total number and value of homeowners claims filed in that particular state, and depend on the value of the belongings and structures covered by the policy.
Get an idea of average home insurance rates in Arkansas by reviewing the below data. Remember: your rates may vary, depending on your coverage details.
Home insurance rates in Arkansas vary based on the insurance company you use. Farmers offers the cheapest home insurance policies in Arkansas at $138 per month, on average. This compares favorably to the state average price, offering a $57 monthly discount versus the statewide average rate.
Start searching for affordable home insurance coverage by reviewing the best Arkansas home insurance companies, listed below.
| Insurance Company | Average Monthly Rate | Average Yearly Rate |
| Farmers | $138 | $1,665 |
| Shelter | $140 | $1,678 |
| USAA | $162 | $1,938 |
| Farm Bureau | $167 | $2,000 |
| State Farm | $174 | $2,084 |
The amount of homeowners coverage you elect determines the insurance premiums you pay. In Arkansas, carrying $200,000 dwelling coverage costs an average of $1,670 per year, while maintaining coverage up to $400,000 costs as much as $3,120 per year.
| Coverage Level | Average Monthly Cost | Average Annual Cost |
| $100,000 Dwelling | $137 | $1,649 |
| $200,000 Dwelling | $195 | $2,342 |
| $300,000 Dwelling | $254 | $3,043 |
| $400,000 Dwelling | $311 | $3,731 |
| $500,000 Dwelling | $379 | $4,550 |
| $600,000 Dwelling | $452 | $5,418 |
Arkansas homeowners have a lot of decisions to make when buying a homeowners insurance policy, including how much their deductible should be. A deductible is the amount for which a homeowner is responsible before an insurance company steps in to cover costs. The deductible that you choose can have a big impact on home insurance rates.
When selecting a deductible, remember that the higher your deductible is, the lower your insurance rates will be. Therefore, you may want to think about setting a higher deductible if you're seeking lower home insurance premiums. Bear in mind your homeowners deductible should not be set at an amount that you would have difficulty paying in the event of a loss.
Take a look at the typical deductibles offered by home insurance companies and an approximation of average homeowners insurance rates.
| Deductible Tier | Average Monthly Rate | Average Annual Rate |
| $500 | $192 | $2,303 |
| $1,000 | $179 | $2,143 |
| $2,000 | $158 | $1,895 |
| $5,000 | $154 | $1,847 |
Not all Arkansas cities have the same home insurance rates. Policies are often priced on locally specific variables such as the number of claims filed in the immediate area, lending your ZIP code plenty of weight in deciding how much you pay.
The cheapest homeowners insurance in Arkansas is found in Bella Vista. A typical home insurance term in Bella Vista totals just $1,998 annually — $407 less than the average Arkansas rate. Reference the below table to see the cheapest cities in Arkansas for home insurance.
| City | Average Monthly Rate | Average 12-Month Rate |
| Cammack Village | $154 | $1,851 |
| Bethel Heights | $160 | $1,914 |
| Cave Springs | $160 | $1,917 |
| Tichnor | $160 | $1,919 |
| Brookland | $160 | $1,925 |
If you want to save on insurance, consider purchasing your homeowners and car insurance policies from the same company. Bundling auto and homeowners insurance in Arkansas can lead to substantial savings on your auto insurance bill. Bundling policies in Arkansas can lead to a monthly price break of $35.
|
Avg. Monthly Rate (No Bundle) |
Avg. Monthly Rate (w/ Bundle) |
Monthly Savings ($) |
Savings (%) |
| $179 | $144 | $35 | 24% |
Progressive agents currently do sell homeowners policies in Arkansas.
In addition to renters and auto insurance, GEICO provides home insurance in Arkansas.
Flood insurance is a necessity for many in Arkansas. Flood damage — whether a byproduct of a downpour or a hurricane — is not covered by homeowners insurance policies. To insure your home against flood damage, acquire insurance through FEMA's National Flood Insurance Program (NFIP) or via a private insurer.
Flood insurance coverage from private companies may vary, but NFIP flood insurance covers:
If the value of your personal property and home exceeds these limits, consider purchasing a flood insurance policy from our partners at Neptune for additional protection.
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.
The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.
