Alabama Home Insurance
Quote in 60 SecondsRosa Parks. Helen Keller. Nat King Cole. Harper Lee. These are just a few of the historic people who’ve called Alabama their sweet home. And it’s not hard to see why. Good old country cooking, gorgeous landscapes and that trademark Southern hospitality all help make up the Yellowhammer State. That’s why we love offering homeowners insurance in Alabama because the nicest folks around deserve the best when it comes to proper protection for their homes.
Whether you just moved to Birmingham or have called Huntsville your home for decades, Hippo has your back. We can even save you money on your current Alabama home insurance premiums. Ready to get started? Keep reading for answers to all your questions about insuring your home.
What is the average cost of home insurance in Alabama?
The average cost of Homeowners insurance in Alabama is $1,611 a year, about the same cost for you and two friends to yell “Roll Tide” at Bryant-Denny Stadium all season long. Though compared to the nationwide average of just $1,200, Alabama’s premiums may seem pretty steep. But there's a good reason.
Is hurricane insurance required in Alabama?
Hurricane insurance isn't required in Alabama, meaning you don't have to add it to your policy if you don't want to. But that doesn't mean you shouldn't consider it. Hurricane insurance can help protect you from damaging floodwaters, high winds, and other damaging effects of hurricanes or tropical cyclones, saving you a lot of cash if a hurricane does head your way.
What factors influence my home insurance rate?
Given its tornado-prone location and miles of coastline, Alabama is home to some extreme weather (in fact, it’s the 12th most disaster-prone state in the nation). That’s why you’ll see a 34% increase in premiums from the rest of the country. But you should know that there are other factors outside of weather that can influence your premiums, such as the age, current condition and location of your home.
Alabama Home Insurance Premiums
What does Alabama homeowners insurance cover?
Home insurance in Alabama covers your home’s structure, personal belongings, additional structures on your property and even personal liability. This is pretty standard coverage for home insurance policies across the nation because even the state that built Apollo 11’s rocket doesn’t sway too far from traditional coverage options. Though if Alabamians want to take one giant leap when it comes to their home’s protection, they have options.
These options come in the form of insurance riders, or an elective add-on to a current home insurance policy to enhance or extend its protection. Some examples that may be useful for Alabama homeowners include hurricane insurance, extended replacement cost coverage and catastrophe insurance.
Alabama Insurance Coverage Options
Traditional coverage
Structure
Expenses
Protection
Structures
Possessions
Supplemental coverage
How can I lower my homeowners insurance?
With an average home price of $165,000, it’s no surprise that so many are flocking to Alabama’s shores and buying up property. It is, after all, $100,000 less than the average cost of a home in the U.S.
That being said, those who call the Yellowhammer State their home still deserve to save some cash.
Luckily saving money on your home insurance premiums is as easy as installing smart home devices, keeping up with seasonal home maintenance and working to improve your insurance score over time.
Looking for other ways to save? Chat with your provider to see if you can get discounts based on your veteran status or years as a customer. And if you're not already, consider bundling your policies if possible to save a little more.
Alabama home insurance resources
You can learn a lot inside Alabama’s state lines. From the U.S. Space and Rocket Center to the Birmingham Civil Rights Institute, there are plenty of opportunities to pick up more about our country’s history. In addition to these museums, the Alabama state government also provides The Alabama Department of Insurance to help homeowners learn more about what it takes to properly protect their home, including options like the NFIP and the FAIR program.
National Flood Insurance Program
The National Flood Insurance Program, also known as the NFIP, is a federal program that provides flood protection to homeowners. Though FEMA runs the program, they outsource policies to individual insurance providers, so getting flood protection is easy. Want to learn more about the protection that flood insurance provides? We’ve got an article for that.
Fair Access to Insurance Requirements Plan
While uncommon, homeowners can be dropped from their home insurance policy. This can happen due to a string of late payments, a long history of claims or a recent inspection that finds a home is too high-risk to insure. If you find yourself in this predicament, you can still get the protection you need through Alabama's Fair Access to Insurance Requirements Plan (FAIR). Run by the Alabama Insurance Underwriting Association, FAIR plans provide basic coverage to those who can no longer get insurance through traditional avenues.
You shouldn’t be stuck shopping for home insurance ‘til the cows come home (you’ve got beaches and plenty of historic places to visit, after all). For homeowners insurance made simple — and comprehensive — give us a call. You’ll be amazed at how much you can save.
