Damage caused by a storm to your home is covered by normal home contents insurance, but wind damage is not. Wind damage, whether related to tornadoes or other seasonal storms, is one of the most common types of home damage in Arkansas. Fortunately, wind damage is almost always covered by homeowner's insurance.
Private insurance offers more flexibility when it comes to coverage limits and waiting times, but homes at high risk of flood damage may be denied coverage. Farm Bureau's coverage options are not quite as robust as our main selection, so you can get the right policy from them if you have very specific coverage needs.
Campbell & Company Insurance helps you find the right solution for your needs by providing quality service and affordable rates. If you have a claim, you need an Arkansas insurance agent who can find the best company that fits your needs and settle your claim quickly. We have access to many companies with top ratings so you can find a good fit at a fair price, no matter what your insurance needs.
We have top tips that we think are best for most people, as well as some people who need more specialized insurance. One of our rates is $180 more per year than our top rate, and you will probably spend more on equivalent coverage.
You may also be entitled to other benefits that many wish to consider, such as health insurance, life insurance or disability insurance. Your homeowner's policy will differ depending on the cover you choose and also where you live. USAA waives the deductible if you make a claim while on active duty or in uniform.
The main difference between the two types of insurance is that almost everyone is entitled to NFIP-backed flood insurance, regardless of the flood risk. There are policies sold as completely private policies supported by the insurance company, but there are policies sold with federal assistance, such as the National Flood Insurance Program.
At Campbell & Company Insurance, we have home insurance specialists who can tailor a package to your needs and risks. Farm Bureau insurance is primarily available in Arkansas, which means you need to work with an agent to buy and manage your policy. An agent with Campbell and Company Insurance can help you understand your other risks and help you evaluate additional insurance benefits for your Arkansas home insurance.
If you are looking for homeowner insurance, we always recommend you seek a broker with Campbell & Company Insurance, not just an insurance broker. We have someone who can answer your questions, give you guidance and help you with insurance and claim collection if you need it. Our general recommendation for homeowner insurance in Arkansas is Travelers because it offers the best customer service and most comprehensive coverage in the state of Arkansas. They have one of the highest rates of home insurance cover, which means we receive a higher percentage of claims from our customers than most other insurance companies, but we also have a well-respected customer service. I think that is an advantage for people who want high-quality insurance with good coverage for their home.
We have a NAIC complaints index of 0.39, which is higher than our main recommendation, and we have had the highest home insurance claims rate in the state of Arkansas in recent years.
A high value indicates that the company had good financial practices and would be able to withstand a number of high-risk events such as natural disasters, hurricanes and floods.
With that in mind, here are some of the most important ways to measure the quality of a home insurer. To determine which companies offer the best rates, we've collected the offers of the 10 largest insurance companies in Arkansas for each ZIP code in the state. We found that Farmers Insurance offers the best value for homeowner insurance across Arkansas, with an average statewide cost of $858. If farmers give us an average annual rate on a one-year policy of $958 a year, you are well on your way to choosing the most affordable insurance for homeowners.
The company has a slightly lower average price, with a typical annual rate of $1,191, but what sets it apart is its average prices across Arkansas, which are well below the average statewide price for a one-year policy.
If your home is at risk of flooding, you will need to take out separate flood insurance to protect your property. If you serve in the U.S. military or are someone who has USAA insurance, buy home insurance from USaa. The US AAA, specifically designed for the needs of members of the armed forces, has a range and benefits that could make it particularly attractive to soldiers. Well-rated customer service, high quality products and affordable prices set it apart for soldiers and their families.