Fort Wayne Homeowners Insurance

The Zebra
Aug. 26, 2019

How to find cheap homeowners insurance in Fort Wayne


A critical consideration for every homeowner should be their home insurance coverage. Homeowners coverage protects you against fire, wind damage, and theft for your home and the contents inside it. With the relative frequency of such events -- along with the high cost of rebuilding or repairing damages to a home -- having a home insurance policy is a sound investment.

The price of a homeowners insurance policy factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. Location also plays a role in determining the price of your homeowners insurance policy. In areas prone to perils like hail, frozen pipes, volcanoes, or fire, home insurance policies may be more expensive to account for the extra risk. Learn more about what a home insurance policy covers.

Finding cheap home insurance in Fort Wayne starts with shopping around and comparing policies. Check out the below summary of average Fort Wayne homeowners insurance rates to ensure you start your search with as much background info as possible. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.


Fort Wayne, Indiana, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Home insurance in Fort Wayne by insurance company

Fort Wayne homeowners insurance rates will vary depending on which insurance company you choose. Allstate offers the most affordable home insurance in Fort Wayne, at just $970 per year. This compares favorably to the city’s average homeowners premium of $1,195.

To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Fort Wayne, Indiana.


AFFORDABLE HOME INSURANCE COMPANIES IN FORT WAYNE
CompanyAverage Annual Rate
Allstate$970
Nationwide$1,058
Liberty$1,076
Erie$1,102
Farmers$1,134

Average homeowners insurance costs in Fort Wayne by coverage level

How much you spend on home insurance coverage is greatly impacted by the level of coverage you choose. In Fort Wayne, carrying $200K dwelling coverage costs an average of $925, while carrying additional coverage up to $400K costs $1,507/year.


HOMEOWNERS INSURANCE RATES IN FORT WAYNE — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$925
$400K Dwelling$1,507

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Fort Wayne home insurance prices by ZIP code

Depending on which part of Fort Wayne you live in, you might see a dramatic difference in your home insurance costs. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.

To find the cheapest home insurance rates in Fort Wayne, look no further than 46818. In the 46818 area, homeowners coverage usually costs just $1,155 per year — a full $40 less than the Fort Wayne average. Find the best places to live in Fort Wayne for cheap home insurance by looking at the table below.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN FORT WAYNE
ZIP CodeAverage Annual Home Insurance Rate
46818$1,155
46845$1,158
46814$1,159

Other areas of Fort Wayne, however, face homeowners rates that are higher than the city average . Crime rates, fire risk, and even your how close you are to emergency services such as fire and police stations could impact rates the risk level of certain parts of the city, which has the potential to drive up the area's insurance costs. An average annual rate of $1,255 makes 46803 the most expensive ZIP code in Fort Wayne for homeowners coverage.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN FORT WAYNE
ZIP CodeAverage Annual Home Insurance Rate
46803$1,255
46802$1,216
46806$1,215



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Money-saving tip for home and auto insurance in Fort Wayne: bundling

If saving money is your main concern, it might be worth insuring your home and auto through the same insurance company. Bundling homeowners and auto insurance can be a good money-saving option. In fact, bundling policies in Fort Wayne leads to average annual savings of 14%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN FORT WAYNE
CompanyAvg. Annual Auto Insurance Rate (Bundle)
Erie$612
GEICO$726
State Farm$735
American Family$804
Progressive$1,027

A great way to save on insurance is to bundle your home and auto policies with the same insurance company. To speak with an insurance expert, give us a call at 855-493-9728 today.


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