We evaluated homeowners insurance quotes for a sample 2,000 square foot home in 95 cities in the state of Arkansas in order to determine which cities had the highest and lowest annual home insurance costs. Based on this sample property, Arkansas homeowners pay on average $2,065 per year for home insurance. Home insurance prices in Arkansas vary by over 70% between the cities in our study. Below we profile a few cities in the state of Arkansas. Read more about our findings, or use our quote tool above to find homeowners insurance quotes in your area.
- Cheapest Home Insurance Companies
- Homeowners Insurance Rates in Arkansas's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance In Arkansas
- Top 5 Most Expensive Cities for Home Insurance in Arkansas
Cheapest Home Insurance Companies in Arkansas
We gathered quotes for our sample home across 95 cities from State Farm, Farmers, Allstate and Nationwide. Quotes from each company were averaged to find which insurance companies had the best home insurance rates in Arkansas. The graph below shows the average annual costs to insure our sample home by company alongside the state average:
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Best Homeowners Insurance Rates in Arkansas's Largest Cities
We evaluated homeowners insurance rates across the largest cities in Arkansas. Our study implemented control variables to gather quotes that can be compared to one another. On average, homeowners in the ten largest cities pay 9% less than the rest of the state on homeowners insurance. The cost for home insurance in the ten largest cities was an average of $1,880 per year.
Little Rock, AR
Little Rock, the largest city in the state of Arkansas, serves as the state capital. The city is located alongside the Arkansas River. Major employers in the area include the state government, local government and the University of Arkansas for Medical Sciences. The average cost of home insurance in Little Rock is $2,473 per year, which is $408 greater than the state mean.
Allstate offered the most affordable home insurance quote in Little Rock at an annual cost of $1,853. Nationwide, the most expensive insurer in the city, quoted our sample home an annual cost of $3,040, which is $1,187 greater than Allstate. State Farm and Farmers offered home insurance quotes of $2,293 and $2,705, respectively.
Fort Smith, AR
Fort Smith is the second largest city in the state of Arkansas. The city is well known for its various historical sites including the Fort Smith National Historic Site and the Chaffee Crossing Historic District. Residents of Fort Smith pay an average of $2,078 for homeowners insurance annually, which is 1% greater than the state average.
The most affordable home insurance rate in the area was offered by Nationwide at $1,576. The second most affordable rate was offered by Farmers at $1,760, which is $184 greater than Nationwide’s quote. Allstate, the least affordable insurer in the area, offered a quote of $2,758. Fort Smith is ranked near the middle for cheap home insurance in Arkansas.
Fayetteville is the third most populous city in the state of Arkansas. The city is home to the University of Arkansas System’s flagship campus. Fayetteville also boasts over 40 miles of trails and approximately 4,000 acres of parks. Based on our research, the average homeowners insurance quote in the city is $1,796. Residents of Fayetteville pay 13% less for their homeowners insurance than the state mean.
Nationwide, Farmers, and Allstate offered quotes lower than the state mean. The most expensive quote was offered by State Farm at $2,335, which is $270 greater than the state average. Fayetteville is the tenth least expensive city for homeowners insurance in the state of Arkansas.
The city of Springdale was founded in the 1840’s and is now the fourth largest city in the state. Springdale is home to the state’s second-largest school district. The city is located approximately 200 miles northwest of Little Rock. The average annual homeowners insurance quote in Springdale is $1,561 per year, which is 24% less than the state mean.
If you’re looking for affordable home insurance rates in Springdale then we suggest starting with Farmers which quoted our sample home a cost of $1,143 annually. State Farm offered the least affordable rate at $2,234 per year, which is $1,091 greater than Farmers. Based on our research, Springdale ranks as the second most affordable city for home insurance in the state of Arkansas.
Jonesboro is the fifth most populous city in the state of Arkansas. The city is home to the Jonesboro Municipal Airport, which is located approximately 3 miles east of the Central Business District. Downtown Jonesboro features several dining and shopping options. The mean home insurance rate in Jonesboro is $1,911, which is $154 less than the state average.
Allstate quoted the least expensive rate in Jonesboro at $1,435 annually. That is $987 less than State Farm’s quote of $2,422. State Farm is the least affordable insurer in the city. However, Jonesboro is ranked in the first quartile of the most affordable cities for home insurance in the state of Arkansas.
North Little Rock, AR
North Little Rock is the sixth largest city in the state of Arkansas. The city features the downtown district, Argenta, which is home to many of the city’s businesses and restaurants. The Arkansas River Trail is one of North Little Rock’s largest attractions. Residents of North Little Rock pay an average home insurance cost of $1,514.
All quotes offered in North Little Rock were below the state average of $2,065. North Little Rock is the most affordable city in Arkansas for home insurance. Residents of North Little Rock pay 27% less on average for their home insurance than the state mean.
Conway, the seventh largest city in Arkansas, is home to several higher education institutions. As a result, approximately 40% of Conway’s adult residents have a post-secondary degree. Conway is located near multiple bodies of water including Lake Conway, Arkansas River and Beaver Fork Lake. Our research found that the average home insurance premium in Conway was $1,655, which is $410 less than the average in the state of Arkansas.
Conway has the third most affordable rates for home insurance in the state of Arkansas. Nationwide offered a quote of $1,229, which is $267 cheaper than the rate of $1,496 offered by Farmers. State Farm quoted the least affordable rate at $2,234 annually. Home insurance quotes in Conway varied by $1,005.
Rogers, the eighth largest city in Arkansas, was originally founded as a rail town. The city is located in the northwest part of Arkansas and near Beaver Lake. The lake has approximately 30,000 acres of fishing water. We found the mean annual home insurance cost in Rogers to be $1,706. On average, residents of Rogers pay 17% less for their home insurance than the rest of the state.
Farmers offered the lowest quote from the insurance companies sampled at an annual cost of $1,489. The next most affordable home insurance quote was given by Allstate at $1,593, which represents a $104 increase from the quote offered by Farmers. Rogers ranks as the fifth most affordable city in the state of Arkansas for home insurance.
Pine Bluff, AR
Pine Bluff is the ninth most populous city in the state of Arkansas. Agricultural growth in the late 1800’s helped to increase Pine Bluff’s population. Today, Pine Bluff is known for its various murals. The murals project was started in 1992 and so far there are thirteen on display. Residents of Pine Bluff pay an average of $2,062 a year for homeowners insurance.
Farmers offered the lowest quote in the city at a cost of $1,777. The second most affordable homeowners insurance quote gathered was offered by Nationwide at $1,895. Pine Bluff’s home insurance rates are similar to the state average. Residents pay $2 less than the state mean.
Bentonville, the state’s tenth largest city, is home to Walmart’s headquarters. The city’s initial population growth is credited to the poultry and dairy industry. Bentonville has an average annual home insurance cost of $2,041, which is just $23 less than the state average.
Farmers quoted the cheapest home insurance quote in the area at $1,767. State Farm offered the most expensive home insurance quote at $2,330, which is $563 greater than the quote offered by Farmers. Bentonville ranks near the middle for most affordable home insurance rates in the state of Arkansas.
Least Expensive Homeowners Insurance in Arkansas: by City
The graph below shows the five best cities for home insurance of all 95 cities which were part of this study. The cities are listed in order of mean price starting with the lowest average home insurance quote and ascending. North Little Rock is the cheapest city in Arkansas for homeowners insurance. Residents pay $1,514 annually on average, which is $551 lower than the state average.
North Little Rock, AR
North Little Rock is the most affordable city in the state of Arkansas for homeowners insurance. On average, residents pay 27% less for their homeowners insurance policy when compared to the state mean. All quotes gathered in North Little Rock were less than the state mean.
Springdale offers the second most affordable homeowners insurance rates in the state of Arkansas. The mean home insurance quote in the city was $1,561, which is 24% cheaper than the state average. The most affordable quote in Springdale was offered by Farmers at $1,143 annually.
Conway ranks as the third least expensive city in Arkansas for homeowners insurance. The average home insurance quote gathered for the city of Conway was $1,655, which is $410 less than the state mean. On a percentage basis, this represents a 20% discount.
West Fork, AR
West Fork offers the fourth most affordable home insurance rates in the state of Arkansas. Residents pay on average $1,655 per year, which is $409 less than the state average. The lowest rate in the city was offered by Nationwide at $1,281.
Rogers is ranked the fifth least expensive city in Arkansas for home insurance. On average, residents pay $1,706 for home insurance, which represents a 17% lower rate when compared to the state mean. On an annual basis, residents save $359 on homeowners insurance versus the state average.
Most Expensive Homeowners Insurance in Arkansas: by City
The graph below shows the five most expensive places of all 95 cities which were part of this study. The cities are listed in order of price starting with the highest average rate and descending. The figures listed represent the average home insurance rate in each city. The most expensive city for homeowners insurance was Mountain View where our research found an average annual rate of $2,595, which is $530 higher than the state average.
We studied 95 cities, spread out geographically all throughout the state of Arkansas. The sample home we looked at was built in the year 2000 and had 2,000 square feet. The property cost $200,000 and had an attached garage. Quotes for this home were obtained from State Farm, Farmers, Allstate and Nationwide insurance companies. The rates were then averaged to arrive at a mean for each city. To see an alphabetical list of all the cities included in the comparison analysis, please see below. We've displayed all cities from Arkadelphia to White Hall with the average annual cost of insurance for the benchmark property and how much each city costs relative to the statewide average.
|Rank||City||Average Insurance Rate||Cost Compared to Average|
|1||North Little Rock||1,514||-27%|