Best Homeowners Insurance in Alabama for 2022 Bankrate Caret RightMain Menu Mortgage Mortgages Financing a home purchase Refinancing your existing loan Finding the right lender Additional Resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Bank Banking Compare Accounts Use calculators Get advice Bank reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Credit Card Credit cards Compare by category Compare by credit needed Compare by issuer Get advice Looking for the perfect credit card? Narrow your search with CardMatch Caret RightMain Menu Loan Loans Personal Loans Student Loans Auto Loans Loan calculators Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Invest Investing Best of Brokerages and robo-advisors Learn the basics Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Home Equity Home equity Get the best rates Lender reviews Use calculators Knowledge base Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Loan Home Improvement Real estate Selling a home Buying a home Finding the right agent Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Insurance Insurance Car insurance Homeowners insurance Other insurance Company reviews Elevate your Bankrate experience Get insider access to our best financial tools and content Caret RightMain Menu Retirement Retirement Retirement plans & accounts Learn the basics Retirement calculators Additional resources Elevate your Bankrate experience Get insider access to our best financial tools and content Powered by Coverage.com (NPN: 19966249) Advertiser Disclosure
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Best homeowners insurance in Alabama for 2022
Carol Pope is an insurance writer for Bankrate and prior to joining the team, she spent 12 years as an auto insurance agent. During this time, she sold, serviced and underwrote auto insurance for people across the country. She also has experience selling supplement coverage such as umbrella insurance. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance. Updated Nov 07, 2022 Find your perfect provider
Get quotes from top home insurance companies in your area. Where you live influences how much you pay for homeowners insurance. Compare carriers Explore offers from trusted carriers +more Bankrate logo The Bankrate promise
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure. Bankrate logo The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first. Bankrate logo Editorial integrity
Bankrate follows a strict , so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers. Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate logo How we make money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Bankrate logo Insurance Disclosure
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Book What to know first Menu List On this page Bankrate logo The Bankrate promise editorial integrityhow we make moneyInsurance Disclosure What To Know First
Collapse Caret Up Alabama home insurance costs an average of $1,597 per year for a policy with $250,000 in dwelling coverage, which is more than the national average of $1,383 per year. Bankrate knows, though, that there's more to insurance than price. Our research into the best homeowners insurance in Alabama includes an analysis of several key metrics in addition to average rates. We can help you find Alabama homeowners insurance companies that rank highly for customer satisfaction, have numerous coverage options and discounts, and are financially strong, which could help you find the best insurer for both your coverage needs and your budget. Collapse On This Page
Collapse Caret Up The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first. On This Page
Alabama home insurance costs an average of $1,597 per year for a policy with $250,000 in dwelling coverage, which is more than the national average of $1,383 per year. Bankrate knows, though, that there's more to insurance than price. Our research into the best homeowners insurance in Alabama includes an analysis of several key metrics in addition to average rates. We can help you find Alabama homeowners insurance companies that rank highly for customer satisfaction, have numerous coverage options and discounts, and are financially strong, which could help you find the best insurer for both your coverage needs and your budget. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Alabama home insurance costs an average of $1,597 per year for a policy with $250,000 in dwelling coverage, which is more than the national average of $1,383 per year. Bankrate knows, though, that there's more to insurance than price. Our research into the best homeowners insurance in Alabama includes an analysis of several key metrics in addition to average rates. We can help you find Alabama homeowners insurance companies that rank highly for customer satisfaction, have numerous coverage options and discounts, and are financially strong, which could help you find the best insurer for both your coverage needs and your budget. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Alabama home insurance costs an average of $1,597 per year for a policy with $250,000 in dwelling coverage, which is more than the national average of $1,383 per year. Bankrate knows, though, that there's more to insurance than price. Our research into the best homeowners insurance in Alabama includes an analysis of several key metrics in addition to average rates. We can help you find Alabama homeowners insurance companies that rank highly for customer satisfaction, have numerous coverage options and discounts, and are financially strong, which could help you find the best insurer for both your coverage needs and your budget. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Key takeaways Bankrate's research revealed that USAA, State Farm and Auto-Owners are among the best home insurance companies in Alabama. Alabama homeowners pay an average of $1,597 per year for home insurance with $250,000 in dwelling coverage. Common causes of home damage in Alabama include hurricanes, tornadoes and flooding. Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X How Bankrate chose the best home insurance companies in Alabama
We looked at several aspects of each carrier in our search for the best Alabama homeowners insurance. First, we obtained average rates from Quadrant Information Services. Next, we analyzed each carrier's coverage offerings, discounts and digital tools, to help you find a company that offers the financial protection you need and the functionality you may want. We also factored in third-party ratings from the for customer satisfaction, the National Association of Insurance Commissioners (NAIC) for complaint frequency and AM Best for financial strength. We combined all of this research to create a proprietary Bankrate Score for each company. The Scores are on a scale of 0.0 to 5.0, with higher scores indicating a higher ranking in each category. Knowing the Bankrate Score for each company can help you quickly analyze the overall quality of that carrier's home insurance product. This might make it easier to find the for you.
Bankrate utilizes Quadrant Information Services to analyze 2022 current rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $250,000 Coverage B, Other Structures: $25,000 Coverage C, Personal Property: $125,000 Coverage D, Loss of Use: $50,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required). These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Bankrate Scores are calculated on a five-point scale and primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody's had the most impact on the companies' Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. Best home insurance companies in Alabama
Based on our analysis of the Alabama homeowners insurance market, USAA, State Farm and Auto-Owners are among the top choices for coverage. Both USAA and State Farm offer average rates lower than the state average of $1,597 per year. If you're shopping for the best home insurance in Alabama, you may want to start with quotes from these companies: Insurance company J.D. Power AM Best Average monthly premium* Average annual premium* Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. J.D. Power 884 /1,000 AM Best A++ (Superior) Average monthly premium* $63 Average annual premium* $750 Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. J.D. Power 829 /1,000 AM Best A++ (Superior) Average monthly premium* $111 Average annual premium* $1,329 Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. J.D. Power 825 /1,000 AM Best A++ (Superior) Average monthly premium* $141 Average annual premium* $1,697 Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. J.D. Power 829 /1,000 AM Best A+ (Superior) Average monthly premium* $132 Average annual premium* $1,589 J.D. Power Not rated AM Best A+ (Superior) Average monthly premium* $62 Average annual premium* $746 Powered by Coverage.com (NPN: 19966249) This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. *Premiums are for $250K in dwelling coverage **Not officially ranked by J.D. Power due to eligibility restrictions This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview With a near-perfect Bankrate Score of 4.8, USAA tops our list of best home insurance companies in Alabama. However, coverage is only available to current and former and select family members, so it won't be an option for everyone. If you do qualify, though, you may be able to take advantage of the USAA's low average rates, excellent customer satisfaction and coverage options tailored to the needs of military families. Pros and cons CheckmarkPros Unique military-focused coverage options Consistently high customer satisfaction ratings Close XCons Strict eligibility requirements Only available over-the-phone and online for policy and claims management Average annual premium by city Alabama city USAA average annual premium for $250K dwelling Birmingham $712 Huntsville $760 Mobile $803 Montgomery $708 Tuscaloosa $697 Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview State Farm, the largest home insurance company in the country by market share, could be a great option for Alabama homeowners who prefer doing business with local agents rather than by phone or online. State Farm also offers an array of endorsements and discounts to help you personalize your policy. The company does have a with the National Association of Insurance Commissioners (NAIC), though, indicating that the NAIC receives more complaints than average about State Farm. Pros and cons CheckmarkPros Hundreds of agencies located throughout Alabama Scored above industry average for property claims satisfaction in J.D. Power 2022 U.S. Property Claims Study Close XCons Higher-than-average number of complaints with the NAIC Not as many potential discounts as some competitors Average annual premium by city Alabama city State Farm average annual premium for $250K dwelling Birmingham $1,198 Huntsville $1,082 Mobile $1,101 Montgomery $1,112 Tuscaloosa $1,008 Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview If you're looking for a policy that can be highly personalized, Auto-Owners could be the best choice. The company offers numerous endorsements to broaden your coverage, including guaranteed home replacement cost (for qualifying homes), , equipment breakdown and home cyber protection. Auto-Owners' average premium is the highest on our list, though, so it might not be the best fit for homeowners on a tight budget. Pros and cons CheckmarkPros Robust coverage options allow for a highly-personalized policy Fewer overall complaints with the NAIC Close XCons May not be the cheapest option on average Digital tools are available but not highly-rated Average annual premium by city Alabama city Auto-Owners average annual premium for $250K dwelling Birmingham $1,540 Huntsville $1,760 Mobile $1,264 Montgomery $1,567 Tuscaloosa $1,759 Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Allstate has the second-highest average premium on our list, but the company might balance that out with plenty of savings opportunities. You might save with Allstate's welcome discount if you from another carrier, and with the loyalty discount if you maintain your coverage. Other savings include buying a newly constructed home or purchasing a new-to-you home, having home security devices or signing up for an Allstate policy at least seven days before your current policy expires. Pros and cons CheckmarkPros Coverage options available that may be unavailable with other companies Numerous discount opportunities could help you save Close XCons Average premium more expensive than state average Scored below segment average for overall customer satisfaction in the J.D. Power 2022 U.S. Home Insurance Study Average annual premium by city Alabama city Allstate average annual premium for $250K dwelling Birmingham $1,543 Huntsville $1,806 Mobile $1,078 Montgomery $1,626 Tuscaloosa $1,345 Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Cincinnati might not be the most well-known insurance carrier, but Alabama homeowners who are looking for the may want to get a quote. Cincinnati's average annual premium of $746 is 53% lower than the state's average home insurance premium. Cincinnati isn't rated by J.D. Power, though, so you may want to do additional research on customer satisfaction before buying a policy. Pros and cons CheckmarkPros Low average premiums Superior financial strength rating according to AM Best Close XCons Not rated by J.D. Power Quotes not available online Average annual premium by city Alabama city Cincinnati average annual premium for $250K dwelling Birmingham $532 Huntsville $577 Mobile $1,048 Montgomery $607 Tuscaloosa $609 Explore Bankrate's review How much is homeowners insurance in Alabama
The is $1,597 per year for $250,000 in dwelling coverage. Compared to the national average of $1,383 for the same coverage, Alabama homeowners pay about 15% more each year. Average rates in Alabama may be higher than the national average due to the state's position near the coast and relatively high likelihood of being hit with strong storms. Home insurance is less in Alabama than it is in neighboring states, though; Mississippi homeowners pay an average of $1,840 per year and Florida's average home insurance rate is $1,648 per year.
Alabama city Average annual premium for $250K dwelling coverage $1,442 Huntsville $1,477 Mobile $1,812 $1,340 Tuscaloosa $1,466 Home insurance in Alabama
Alabama residents should know that the state can experience severe weather, including hurricanes and tornadoes. Understanding the common causes of damage in Alabama may help you better choose coverage options that fit your needs. Common causes of loss in Alabama
Alabama only has a small section of coastline, but much of the southern part of the state is only separated from the coast by a hundred miles (or less) of Florida's panhandle. This means that many of the causes of damage in Alabama are related to coastal weather. : Due to its location on the Gulf Coast, Alabama is at risk for damage if a hurricane develops. Hurricanes can cause widespread and devastating damage. : Part of the damage associated with hurricanes is flooding. Floods are common in many parts of the state, with most counties experiencing at least per year, according to the Federal Emergency Management Agency (FEMA). : Despite not being in "Tornado Alley," Alabama had the second-highest incidence of confirmed tornadoes in 2021, according to the Insurance Information Institute (Triple-I). The state saw 100 tornadoes last year, and seven people lost their lives to the storms. Home insurance coverage options in Alabama
If you are shopping for Alabama homeowners insurance, it's important to understand the different available and what kind of protection they offer. In addition to standard coverage types like dwelling, personal property and liability, you may want to consider some optional add-ons for more financial protection: : This endorsement means you'll get the full replacement cost for your damaged roof rather than just the depreciated cash value. Not all roofs qualify, but if yours does, it could be a helpful option. : Damage to service lines - like your water, gas and electric lines - is generally not covered in basic homeowners insurance policies. You may want to consider adding this type of coverage to your policy in case of damage by an excluded peril. : Damage caused by flooding isn't covered by standard home insurance policies. While a few companies offer an endorsement, you'll generally need to buy a separate flood insurance policy from the National Flood Insurance Program (NFIP) or from a private carrier that sells flood insurance. Frequently asked questions
Homeowners insurance is not in any state. However, most mortgage lenders require homeowners to carry a policy. Even if you own your home outright, a home insurance policy is usually a good purchase. Home insurance is designed to protect your finances from the financial fallout of losses.
Our study revealed that Cincinnati and USAA have the lowest average home insurance rates in Alabama. However, the cheapest homeowners insurance for you depends on a variety of factors, including the specific features of your house, the coverage types you're looking for, the discounts you apply and your claims history.
Getting homeowners insurance is simple. You can often get a quote online or by phone, or you can visit a local agency. You'll need your name, date of birth, and likely your Social Security number. You'll also need details about your home, like the address, year built and age of the roof. An agent can help you determine . When shopping for coverage, it can be helpful to from several companies so you can find the right coverage for you and your budget.
To , you may want to start by shopping around to find the most competitive price for the coverage you need. You can then take advantage of discounts, like savings for policies, having a home security system or having a newer roof. Written by Carol Pope Insurance Writer Carol Pope is an insurance writer for Bankrate and prior to joining the team, she spent 12 years as an auto insurance agent. During this time, she sold, serviced and underwrote auto insurance for people across the country. She also has experience selling supplement coverage such as umbrella insurance. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.