Alma Insurance Rates:

Alma, AR home insurance is about $936 to $1,281, about $78-$106/month. Our in depth guide indicates shoppers can save upto $443 by getting multiple quotes

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Alma, Arkansas Homeowners Insurance Reviews reveal the good & the bad so that you can compare the cheapest quotes from the best

Alma Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Nationwide Insurance
Home Insurance Rate of $570/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $250,000

4 Beds, 4 Bath 3390 sqft Vacation Property Constructed In 1996 with Linoleum, Tile Roof, Crawl Space Foundation, Stone Siding, Stucco Construction. Home Features Include Fire Extinguisher, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

63 Years old Single Female who is a Freelancer with household income of $50-$75,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $160/3 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $115,000

4 Beds, 4 Baths 1770 sqft Rental Property Constructed In 2003 with Hardwood Flooring, Membrane Roof, Slab Foundation, Stone Siding, Wood Frame. Home Features Include Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

42 Years old Single Male who has a Full Time Job with household income of $75-$100,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $580/8 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $120,000

4 Beds, 4 Bath 1660 sqft Rental Property Constructed In 1989 with Ceramic Tile Flooring, Composition Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Indoor Sprinklers, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

69 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1150/12 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $170,000

4 Beds, 4 Baths 2090 sqft Primary Residence Constructed In 1988 with Ceramic Tile Flooring, Membrane Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

35 Years old Single Female who is Unemployed and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $300/2 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $280,000

4 Beds, 4 Baths 3390 sqft Vacation Property Constructed In 2013 with Carpet over wood flooring, Metal Roof, Crawl Space Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, Deadbolt Locks, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

26 Years old Divorced Female who has a Full Time Job with household income of $75-$100,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $450/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $250,000

4 Beds, 4 Baths 3310 sqft Primary Residence Constructed In 2012 with Ceramic Tile Flooring, Tile Roof, Chainwall Foundation, Brick siding, Stucco Construction. Home Features Include Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

71 Years old Divorced Male who is a Freelancer with household income of $100-$150,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $360/4 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $165,000

4 Beds, 4 Bath 2470 sqft Seasonal Residence Constructed In 1983 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Indoor Sprinklers, Central Air Conditioning, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

41 Years old Single Male who is a Freelancer with household income of $75-$100,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

Home Insurance Rate of $660/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $215,000

4 Beds, 4 Baths 2450 sqft Rental Property Constructed In 1993 with Stone Flooring, Tile Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Deadbolt Locks, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

62 Years old Divorced Male who is Retired with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $600/9 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $120,000

3 Beds, 3 Bath 1970 sqft Vacation Property Constructed In 1999 with Stone Flooring, Membrane Roof, Slab Foundation, Wood siding, Stucco Construction. Home Features Include Fireplace, Indoor Sprinklers, Copper Water Pipes, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Married Female who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $680/5 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $175,000

4 Beds, 4 Baths 2090 sqft Primary Residence Constructed In 2008 with Ceramic Tile Flooring, Shingles Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Fireplace, Fire Extinguisher, Smoke Alarm, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

62 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Alma, AR Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
72921 $107,300 $1,120

Alma Rates & Quotes Analysis:

Alma Area Estimated House Insurance
Fine Way, Meadors Cir, N 28th St, Wilkins Ln, Old Concord Rd, N Lakewood Dr, Figure Five Hts, Clay Acres Loop, Meadors Dr, Co Rd 176$1,107
Peters Dr, E Lincoln Trl, Mallard Ln, Carr Ests, Lovelady Ln, Cross Lanes Rd, E Northbrook Dr, Seals St, Co Rd 52, S Main St$1,106
Church Ave, Green Acres Cir, Otis St, Co Rd 63, Old Freedom Dr, Locke St, Loveland Dr, Shibley Rd, Hwy 71 N, Co Rd 6$1,088
W Red Hill St, Vail Dr, Wornkey Bend, Georgia Ridge Dr, Co Rd 137, Pleasant Hill Rd, Wilder Ln, E Plumwood Rd, W 7th, Pecan Cove Ln$1,107
New Town Rd, Jasmine Ln, S Red Hill St, Valley Ln, US Hwy 64 Bus, US Hwy 71, E 6th St, Industrial Park Dr, Cultivar Rd, Taylor Ln$1,113

Insurance rates are influenced by a number of factors including:

  • Year Built: 495 Homes (18% of total) built between 1970 to 1979 in Alma are paying home insurance between $1,799-$1,815 compared to Rudy (+$15), Vine Prairie (+$24), Lancaster (+$14), Dyer (-$32) and Dean Springs (-$26).
  • Bedrooms: 1,615 3 bedrooms homes (60% of total homes ) in Alma are paying about $1,164 and varies from Rudy (+$10), Vine Prairie (+$16), Lancaster (+$9), Dyer (-$20) and Dean Springs (-$17).
  • Auto Insurance Bundling: 730 Households (44% of all households) in Alma have 2 vehicles available and when it is bundled with home insurance you can save $221 compared to Dyer ($218), Rudy ($223), Dean Springs ($218).
  • Senior Discounts: 742 seniors (more than 55 years) occupied housing units (45% of total) in Alma get discounts between $165 to $167. The comparative concessions in proximate regions such as Dyer, Rudy and Van Buren are $163, $167 and $165 respectively.
  • New Homes discounts: New homes such as the 1,387 homes built between 2000 to 2009 in Alma can save $221 and similar new home insurance discounts in nearby towns and cities like Dyer, Rudy and Dean Springs are $218, $223 and $218 respectively.

Alma Homeowners insurance Facts

  • Alma, AR has 1,623 owner occupied houses which is 63.5% of all units whereas Dyer, Rudy and Dean Springs have 73.86%, 90.2% and 85.29% respectively.
  • Alma, AR homeowners yearly insurance price at $1,109 is 0.99% of the typical house value of $111,800 which is in contrast with 1.22% in Dyer, 0.9% at Rudy & 1.18% in Dean Springs.
  • Homeowners in Alma, AR pay 2.96% of their income ($35,000 to $39,999) in insurance whereas homeowners in Dyer, Rudy and Van Buren pay 2.91%, 2.98% and 2.94% respectively.
  • Alma, AR’s insurance is 9.4% of monthly housing costs of $980/month, for owners with a mortgage compared to 9.29% in Dyer, 9.29% at Rudy & 10.14% in Dean Springs. But, for households without a mortgage, insurance is 30.0% of costs ($308 in Alma, AR) in contrast with 27.2% in Dyer, 22.42% at Rudy & 29.48% in Dean Springs.

Alma, AR Home Values & Insurance rates

For example, insurance for 350 Homes (21.0% of total homes ) valued between $100,000 to $124,999 in Alma, AR is about $1,086. Rates in nearby areas in such as Rudy, Vine Prairie, Lancaster are cheaper by $102, $154, $91 respectively while Dyer and Dean Springs are costlier by $254 and $203 respectively for similar homes.

Alma, AR Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 131 8.0% $243
$50,000 to $59,999 55 3.0% $510
$60,000 to $69,999 108 6.0% $643
$70,000 to $79,999 172 10.0% $743
$80,000 to $89,999 59 3.0% $842
$90,000 to $99,999 121 7.0% $931
$100,000 to $124,999 350 21.0% $1086
$125,000 to $149,999 225 13.0% $1352
$150,000 to $174,999 81 5.0% $1608
$175,000 to $199,999 161 9.0% $1852
$200,000 to $249,999 132 8.0% $2229

Renters Insurance in Alma

  • Average Renters Insurance in Alma :  $284($23/month)

  • Median Gross Rent in Alma :  $558

  • Alma Renters Insurance to Median Rent Ratio:  4.12%

  • Renter occupied housing units in Alma :  933

Alma Renters Insurance as a Percentage of Rent

Alma Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 60 7.0% $371
$200 to $299 38 5.0% $821
$300 to $499 208 27.0% $1271
$500 to $749 249 32.0% $1946
$750 to $999 179 23.0% $2696
$1,000 to $1,499 25 3.0% $3821

Rent Affordability in Alma:

Approximately 51.0% (478) of households are spending more than 35% of their income on gross rent in Alma

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 115 12.0%
15.0 to 19.9 percent 86 9.0%
20.0 to 24.9 percent 64 6.0%
25.0 to 29.9 percent 38 4.0%
30.0 to 34.9 percent 152 16.0%
35.0 percent or more 478 51.0%

Protective device discount in Alma Up to :  $42

Claims-free discount in Alma Up to :  $56