The best price for home insurance coverage in Alabama is from farmers, at $817 per year. To help Alabama homeowners get the best coverage possible, we collected hundreds of quotes and evaluated customer satisfaction ratings from the best Alabama insurance companies. The average cost of homeowners insurance in Alabama is approximately $2,089 per year, which is more expensive than the average cost of homeowners insurance in the United States, which is $1,516 per year.
best cheap home insurance in alabama
cheapest homeowners insurance companies in alabama
farmers offers the cheapest home insurance quote in alabama, averaging $817 per year or $68 per month. that’s $1,272 cheaper than the state average of $2,089 per year.
The most expensive homeowners insurance company is auto owners insurance, where coverage can cost upwards of $3,500 per year.
best home insurance for most people: farmers
The best homeowners insurance company for most people in Alabama is farmers. A standard farmers home insurance policy is the cheapest for most people and covers standard risks that might affect typical homeowners, such as fire, storm and theft.
In addition to basic farmer offers, you can also receive one-time discounts based on your policy and residence. For example, Farmers offers an enhanced home discount specifically for Alabama policyholders whose homes have additional protection from severe weather.
farmers also has high customer satisfaction scores according to data reported by the national association of insurance commissioners (naic). farmers scored 0.57 compared to a national average index of 1.00, meaning farmers received 43% fewer complaints than expected based on their size.
One drawback is the farmers’ online quoting tool. farmers do not offer online quotes for everyone. you may need to call an agent to get a quote or sign up for your policy.
best home insurance for hurricane coverage: allstate
The most affordable home insurance policy in Alabama for hurricane and severe storm damage comes from Allstate, which sells policies for an average price of about $2,078 per year. This is almost 12% cheaper than the average cost of severe storm insurance policies in Alabama.
Because there is no standard “hurricane insurance,” Allstate can combine wind and water damage policies to cover hurricane damage at the most economical rate. Allstate is also the second largest home insurer in the US. meaning you get easy access to personalized quotes online or through a network of over 12,000 local insurance agents across the country.
While allstate offers several coverage add-ons, a basic policy doesn’t come with many coverage options by default. you’ll have to pay extra for add-ons like identity theft or water backup, which are included at no extra cost from some home insurance companies.
the best for customer satisfaction: state farm
state farm is the best home insurance option in alabama for customer satisfaction. The company has a complaint ratio of 0.74 naic, meaning it receives 26% fewer complaints than most insurers of its size.
Filing a state farm claim is as simple as clicking a button. You can file claims in as little as 10 minutes online using the easy-to-use app or website, or by calling support or a local agent.
The main disadvantage of state farm is the cost. If you’re looking for the cheapest insurance option, regardless of customer service or convenience, State Farm may not be for you. The average annual state farm rate is $1,984 per year, which is more than double the farmers rate of $817 per year.
best homeowners insurance companies in alabama
alpha did not receive any complaints through the naic about their home coverage and is worth considering if you prefer a smaller local company.
To compare the customer service of Alabama homeowners insurance companies, we used complaint data reported by NAIC and J.D. power customer satisfaction survey.
alabama insurance rates: city-by-city breakdown
the most expensive city in alabama for homeowners insurance is montrose, where coverage costs an average of $3,421 per year. The cheapest city for homeowners insurance is brook highland, where it costs just $1,475 per year.
The average cost of home insurance in Alabama is $2,089 per year.
Most Common Homeowners Insurance Risks in Alabama: Tornadoes, Hurricanes, Lightning
alabama homeowners can experience frequent and devastating severe weather, thanks to the state’s location along the gulf of mexico and in dixie alley, a loop of states that has storm activity comparable to the well-known tornado alley.
While most homeowners insurance policies offer wind and lightning protection, there may be provisions in your policy that limit your coverage. To make sure your home would be protected if you experience a property loss, it’s good to understand how your homeowners insurance treats the perils you’re most exposed to.
is wind damage covered by homeowners insurance?
Wind damage is typically included as an insured risk on your homeowners insurance policy. This coverage applies to gusts, as well as wind from tornadoes and hurricanes. Alabama experienced 67 tornadoes in 2021, according to the National Weather Service. You should also consider purchasing replacement cost coverage if it is available in your area because if your home or possessions are damaged by bad weather, they will be repaired or replaced without deduction for depreciation.
If you’re in a coastal part of the state that’s susceptible to hurricanes, you may also need to consider flood insurance. Although home insurance policies cover damage from a hurricane’s winds, flood damage is almost never covered. Allstate has the best private flood insurance in Alabama, and the National Flood Insurance Program (NFIP) also sells flood policies.
Does homeowners insurance cover lightning?
Lightning is frequent in Alabama, according to reports from the National Oceanic and Atmospheric Administration (NOAA). Most homeowners insurance policies list lightning as a covered peril. In fact, your policy may provide protection against:
frequently asked questions
We collect quotes in every zip code in the state from the largest homeowners insurance companies in alabama. We obtained quotes for a $229,700 property built in 1977, to represent the age and median home value in Alabama.
valuepenguin’s analysis used insurance rate data from quadrant information services. These rates were obtained publicly from insurer filings and should be used for comparison purposes only; your own quotes will be different.
We ranked each company’s customer service scores by comparing the National Association of Insurance Commissioners (NAIC) Complaint Index, J.D. power home insurance customer satisfaction ratings and ratings from our valuepenguin editor.