Birmingham ,AL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Birmingham, AL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Birmingham, AL is $1676. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Birmingham, AL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Birmingham, AL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $670 |
| $200,000 | $1,140 |
| $300,000 | $1,408 |
| $400,000 | $2,145 |
| $500,000 | $2,698 |
Home insurance costs in Birmingham can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 035212 | $2,246 |
| 35217 | $2,150 |
| 35206 | $2,146 |
| 35228 | $2,115 |
| 35208 | $2,125 |
| 35224 | $2,110 |
| 35211 | $2,132 |
| 35204 | $2,107 |
| 35218 | $2,105 |
| 35221 | $2,107 |
| 35207 | $2,109 |
| 35234 | $2,098 |
| 35213 | $2,834 |
| 35223 | $2,899 |
| 35242 | $2,556 |
| 35243 | $2,576 |
| 35244 | $2,463 |
| 35209 | $2,544 |
| 35216 | $2,440 |
| 35226 | $2,461 |
| 35203 | $2,403 |
| 35222 | $2,487 |
| 35233 | $2,377 |
| 35205 | $2,337 |
| 35210 | $2,255 |
| 35235 | $2,198 |
| 35215 | $2,178 |
| 35214 | $2,184 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Birmingham, AL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,718 |
| $1000 Deductible | $1,537 |
| $1500 Deductible | $1,450 |
| $2500 Deductible | $1,307 |
| $5000 Deductible | $1,106 |
| Home Insurance Company Near Birmingham, AL | Homeowners Insurance Agency Near Birmingham, AL | Address |
|---|---|---|
| NA | James Kirk Enterprises, Llc Dba Complete Insurance Coverage | 137 Business Center Dr Birmingham, Pelham, AL, 35244 |
| Allstate | Cynthia Stuman | 4308 Center Point Rd, Pinson, AL, 35126 |
| Liberty Mutual | David Mcmillan | 100 Corporate Parkway Suite 225, Birmingham, AL, 35242 |
| State Farm | Doug Camp | 719b Battle St E, Talladega, AL, 35160-2546 |
| State Farm | T K Smith Chfc | 1500 Southlake Park, Birmingham, AL, 35244 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Homewood city, Alabama | $158 | $211 | $317 |
| Jefferson County, Alabama | $146 | $194 | $291 |
| Mountain Brook city, Alabama | $182 | $242 | $363 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Birmingham, AL | 6.6% | 19.6% |
| Homewood | 5.05% | 17.17% |
| Jefferson County | 6.19% | 20.16% |
| Mountain Brook | 3.73% | 10.53% |
| Birmingham Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 1,165 | 1.0% | $360 |
| $200 to $299 | 3,021 | 4.0% | $810 |
| $300 to $499 | 7,904 | 11.0% | $1260 |
| $500 to $749 | 21,926 | 30.0% | $1935 |
| $750 to $999 | 21,050 | 29.0% | $2685 |
| $1,000 to $1,499 | 13,270 | 18.0% | $3810 |
| $1,500 or more | 2,914 | 4.0% | $5460 |
| Streets in Birmingham Area | Homeowners Insurance Cost |
|---|---|
| 7th Ave W, Flight Dr, Old Leeds Ln, Bluemont St, Lakeland Ave, Lane Dr, Valley Lake Dr, Reed Rd NE, Yellowstone Dr, Appleberry Rd | $954 |
| 7th Pl SW, Springs-Republic Rd, Hamilton Ave, 30th Ave N, Highgrove Cir, 55th St, Etna St, Dandridge Cir, 77th Pl S, 4th Place Cir NE | $933 |
| 15th Ct NW, 23rd St SW, Sims Ave, Walnut Grove Rd, Wilkinson Rd, Wabash St, Center Ave, Aspen Run, Georgetown Ln, Turncliff Way | $961 |
| Oak Grove Rd, Courtney St, Woodvale Rd, Grand Rock Ln, Princeton Ave SW, E View Dr, Cooper Hill Ln, Mayfair Cir, 27th St, Selma Way | $1,129 |
| Pine Hill Rd, Lee St, Raleigh Ave, 6th Way NW, Carver St, Washington Ave SW, Mulberry Ave, Shady Dell Ln, 60th St N, National St | $1,086 |
| Loop Rd, Bethany Ave, Ryland Ave, Thompson St, Garrett Dr, Troy Ter, 19th Ter NE, 39th St N, Eadom Pl, Lucinda Robey Pl | $921 |
| Meadow Ct, Hayes Ln SW, Knollwood Dr, Matt Dr, Holt Dr, Old Town Rd, Stonehurst Dr, 87th St N, Edwards St, 25th Ave NW | $918 |
| Wedgewood Dr, Ligon St, N Cove Dr, Camille St, Collier Dr, Linpark Dr, Sterling Ridge Cir, Duster Ln, Springdale Rd N, Grayson Valley Dr | $1,050 |
| Jackson Blvd, 9th Ct SW, Hutson Ave N, Montrose Rd, Cynthia Dr, Birchwood Way, Randolph Pl, 2nd Ct N, Love Rd, 27th Pl S | $1,303 |
| Talmadge Ln, Chrysler Ln, Hamilton Ct, Glen Wood Dr, S Cedar Path Dr, Idaho Ave, Redwing Cir, Walnut Ave SW, E Norman St, 54th St | $1,092 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Birmingham | $143 to $145 |
| Homewood | $158 |
| Jefferson County | $145 |
| Mountain Brook | $182 |
| Deductible | Coverage | Company | Premium ($) |
|---|---|---|---|
| $500 | $150,000 | Allstate Vehicle And Property Insurance Company | 736 |
| $500 | $150,000 | American National Property & Casualty Company | 719 |
| $500 | $150,000 | Armed Forces Insurance Exchange | 744 |
| $500 | $150,000 | Nationwide General Ins Co | 794 |
| $500 | $300,000 | Armed Forces Insurance Exchange | 1399 |
| $500 | $300,000 | Esurance Insurance Company | 1325 |
| $500 | $300,000 | Guideone Specialty Mutual Insurance Co | 1554 |
| $500 | $300,000 | Nationwide Mutual Fire Ins Company | 2369 |
| $500 | $300,000 | Travelers Home And Marine Insurance Company | 865 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Birmingham Homeowner Insurance Premium Example | $800 | $600 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $6,900 | $6,300 |
| Net Savings to Birmingham Home Owner from High Deductible Plan | $600 | |
| Scenario | Birmingham, AL Home Replacement Value MORE than Home Value | Birmingham, AL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $66,000 | $46,500 |
| Insurance Premium based on Replacement Value | $400 | $275 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $10,500 | Risk Exposure from Under Insuring Coverage is $9,000 |
| Premium Impact | Insurance cheaper by $75/year | Insurance costlier by $50/year |
| Insurance Company | Amica Mutual Insurance Company | Allstate | State Farm |
| Monthly Premium | 132 | 24 | 45 |
| Year Built | 1943 | 1978 | 1994 |
| Home Details | 5 Beds, 2 Baths | 2 Beds, 1 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $300000-$350000 | $75000-$100000 | $150000-$175000 |
| Deductible | $500 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |