Protect Your Home With Homeowners Insurance in Arkansas
Arkansas is known for its natural beauty – from the mountains of the north and west to the lowlands of south and east, it lives up to its nickname, “The Natural State.” Unfortunately, Arkansas also has its share of extreme weather events, so having the right home insurance coverage is essential for Arkansas homeowners. Whether you live in Little Rock, Fort Smith, Fayetteville, Springdale, Jonesboro or anywhere else in the state, The Hartford can help protect your home in Arkansas.
Arkansas
homeowners insurance helps protect your house and personal property from damages. Our home insurance policies can give you peace of mind, knowing your Arkansas home is covered so you don’t have to worry about paying for expensive damages out of pocket if the unexpected happens.
Is Homeowners Insurance in AR Required?
Most homeowners with mortgages are required by their bank to have home insurance. Arkansas residents who don’t have a bank loan for their home should still consider having it, though. Having good AR home insurance coverage can protect your home from serious risks like fires, property damage and burglary.
However, standard homeowners insurance coverage won’t protect your house from everything. For example, certain natural disasters like floods or earthquakes are not covered. The Hartford also offers additional coverage like flood insurance or an earthquake endorsement to protect your home against natural disasters like these. And in Arkansas, where you never know what the weather will bring, it’s always a good idea to have extra coverage.
What Does Homeowners Insurance in Arkansas Cover?
Arkansas homeowners insurance** comes with standard coverages, including:
Dwelling coverage to help protect your home and the structures directly attached to it. So, if a tree falls during a storm and lands on your roof, your home insurance can help cover your repair costs.
Personal property coverage, which helps protect your belongings if they’re damaged or destroyed after a covered loss. For instance, if someone breaks into your home and steals your computer, this coverage can help replace it.
Other structures coverage to cover things on your property that aren’t attached to your home. For example, if someone drives into your fence, your Arkansas home insurance can help cover your repairs.
Personal liability coverage to help protect you from claims alleging you’re responsible for someone else’s injury or property damage. For example, if you overthrow a baseball while playing catch and it breaks your neighbor’s window, this coverage can help cover the damages.
Medical payments coverage, which helps pay someone else’s treatment costs if they get hurt on your property. So, if your neighbor slips and falls on your front walkway, this coverage can help cover their hospital bill, up to your home insurance policy limits.2
Loss of use for help covering your living expenses if your home becomes unlivable. For example, if a fire damages your house, this coverage can help pay your hotel bills, up to your policy limits.
Additional Arkansas Homeowners Insurance Options
If you want to add more coverage on top of your base home insurance policy, we make it easy for you to do that. The following additional coverages can help increase your home’s protection:
“New for Old” Protection,‡‡ which helps replace your destroyed possessions with new ones of the same quality.
Personal injury liability coverage to help cover damages from a libel or slander claim.
Reimbursement for replacing locks if you lose your keys or they’re stolen. This coverage covers up to $500 to replace your locks, with a $100 deductible.
Identity fraud expense coverage, which reimburses you for out-of-pocket expenses up to certain limits (see your policy for limits) to help you recover from identity theft or fraud.
Disappearing Property Deductible‡‡ to reduce your deductible every year, when you go three consecutive years without an insurance loss.
Homeowners equipment breakdown coverage to help cover your repair or replacement costs if your appliances suffer from an electrical or mechanical breakdown. It also provides coverage if you want to make “green” upgrades. It pays up to 125% of your cost to replace any covered equipment with items that are similar, but more energy efficient or environmentally friendly. Keep in mind that normal wear and tear is not covered.
What Is the Average Cost of Homeowners Insurance in Arkansas?
For homeowners insurance, Arkansas’ average cost was higher than the national average in 2018 according to the Insurance Information Institute:3