Best Home Insurance in Alabama (2023)

Compare personalized Home insurance rates in Alabama

Home Insurance in Alabama

Buying homeowners insurance in Alabama can seem like a difficult process with so many options and types to think about before making a choice. Because of how valuable it is, though, it is worth spending a few minutes finding out about Alabama homeowners requirements and choosing the best policy for your needs. Here, we’ll show you how to get cheap homeowners insurance that fits your needs and your budget.

Home Insurance Companies in Alabama

Finding the top-rated homeowners insurance companies in Alabama can seem a bit challenging, with so many available. However, it’s ideal to contact a few to discuss the specific options available to you and the pricing that fits your goals. The best home insurance companies in Alabama offer comprehensive policies with numerous customization options. You can also work with independent home insurance agents in Alabama that can help you compare policies across numerous insurers.


How to Get the Best Rates for Home Insurance in Alabama

The very best way to save money on home insurance is to compare several policies to each other from various brands. Even if all other factors are the same, insurers can offer different rates. It’s also important to search for rates by your zip code – you can search for available rates using your zip code here to get started.


<zipcode>Find The Cheapest Home Insurance In Your Area:</zipcode>


How Much Does Homeowners Insurance Cost in Alabama?

While finding the cheapest home insurance in Alabama is your goal, it is also important to know what the typical rate is in the area. The average annual premium in Alabama is $1,358, for the most common HO-3 policy. By comparison, the nationwide average for the same policy is $1,173.


<twitter>The average annual premium in Alabama is $1,358, for the most common HO-3 policy. By comparison, the nationwide average for the same policy is $1,173</twitter>


List of Homeowners Insurance Companies in Alabama

You can find the best price on homeowners insurance in the state by comparing policies from various insurers. To do so, type in your zip code here. You’ll then see a list of all of the homeowners insurance companies in Alabama from which you can receive a quote.

How Homeowners Insurance Is Calculated in Alabama

Many factors play a role in determining the cost of home insurance in any given area including the climate, the risk of natural disasters, and home values. Here’s a look at some of the most common factors impacting costs in Alabama.


<qa>1;Crime;Crime is always a factor when determining home insurance rates. The safest cities in the state include Eldridge, Peterman, Haleburg, Five Points, and Akron. By comparison, some of the highest risk areas based on crime statistics include Atmore, Anniston, Wedowee, Mobile, and Evergreen. In these areas, prices for home insurance are higher since crime occurs more commonly.  In violent crimes, Alabama has a rate of 0.08 per 1,000 people. By comparison, the U.S. rate is 0.05 per 1,000.</qa>

<qa>2;Weather/Climate;Storm potential also plays a role in how much you pay for home insurance in Alabama. Alabama does have some risks related to weather events including wildfires and flooding. The area has the risk of both thunderstorms and tornados throughout the year. This can cause insurance rates to be higher than in other areas without these risks.</qa>

<qa>3;Home Values;The value of your home also plays a role in what you will pay for coverage. The average home value in the state is $130,500, as of March of 2019. This is one of the fastest growing markets in the region. Over the last year, home values have increased 6.9 percent over the previous year and are expected to grow over 4% this year. The higher the value, the more coverage you need.</qa>

Home Insurance Requirements in Alabama

If you have questions about home insurance requirements in the state, consider these answers. Be sure to refer back to your policy or your agent for details about your specific needs.

Is Homeowners Insurance Required in Alabama?

The state of Alabama itself doesn’t require individuals to carry home insurance. However, if you have a loan on the home, then your lender may require you to maintain insurance coverage.

What Does Alabama Home Insurance Cover?

Home insurance in Alabama can cover a variety of assets on your property including the structure itself, garages, sheds, and other buildings if the policy identifies them. It should also provide coverage for the contents of your home, which includes your personal belongings. Home insurance here includes both property insurance for those items as well as liability insurance to cover risks of negligence.

Homeowners Insurance for New Properties in Alabama

New properties in Alabama can obtain home insurance to cover their value and to provide liability coverage. Coverage for new properties is commonly straightforward.

Homeowners Insurance for Old Properties in Alabama

Older properties also need insurance. These properties may be at a higher risk due to damage or structural deficiencies.

Renters Insurance in Alabama

With over 382,000 people renting homes and apartments in Alabama, renter’s insurance is an important factor. The cost of renters insurance here is $239 annually on average.  It provides protection from liability risks and protection for your assets.


<zipcode>Compare Renters Insurance in Alabama</zipcode>


Compare Home Insurance in Alabama by City

To find the cheapest home insurance in Alabama, check out the largest states. Compare home insurance quotes in these cities.


<qa>1;Home Insurance Quotes in Jefferson, Alabama;Jefferson is home to 659,197 people. Home values in this large, metro city are $121,000 on average. Home prices have increased 11 percent in the last year.</qa>

<qa>2;Home Insurance Quotes in Mobile, Alabama;Mobile, which is home to 413,955 people, is in the southern portion of the state. Homes are more affordable here, on average worth $119,700 with home values growing 8.1% year-over-year.</qa>

<qa>3;Home Insurance Quotes in Madison, Alabama;The same is true for Madison, Alabama, where the average home value is $216,400, with a 6.3% increase over the last year. About 361,046 people here.</qa>

<qa>4;Home Insurance Quotes in Montgomery, Alabama;Montgomery, which is a very popular community in the heart of the city, has very affordable homes at $83,000 on average, with a 4.9% increase over the last 12 months. It’s home to 226,646 people.</qa>

<qa>5;Home Insurance Quotes in Shelby, Alabama;Shelby is a bit smaller with 213,605 people living in it. Home values here average $216,5000 with a 7.2% increase in the last 12 months.</qa>


Bonus: Most Expensive Homes in Alabama

Think it’s expensive to insure your home? Check out these highest valued homes in the state:

  • 6 Greenbriar Ridge in Birmingham is the most expensive home on the market. It’s valued at $6,995,000.
  • 5400 Saddlecreek Lane in Hoover is second with $6.1 million in value.
  • 2832 Balmoral Road in Mount Brook is worth $4.9 million.