Des Moines ,IA 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 Des Moines, IA 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 Des Moines, IA is $1771. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Des Moines, IA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Des Moines, IA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $708 |
| $200,000 | $1,204 |
| $300,000 | $1,488 |
| $400,000 | $2,267 |
| $500,000 | $2,851 |
Home insurance costs in Des Moines 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 |
|---|---|
| 050316 | $1,636 |
| 50314 | $1,644 |
| 50321 | $1,751 |
| 50312 | $1,761 |
| 50320 | $1,707 |
| 50310 | $1,700 |
| 50309 | $1,844 |
| 50315 | $1,664 |
| 50313 | $1,654 |
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 Des Moines, IA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,816 |
| $1000 Deductible | $1,624 |
| $1500 Deductible | $1,532 |
| $2500 Deductible | $1,381 |
| $5000 Deductible | $1,169 |
| Home Insurance Company Near Des Moines, IA | Homeowners Insurance Agency Near Des Moines, IA | Address |
|---|---|---|
| NA | Hometown Insurance Inc | 317 State Street Guthrie Center, Guthrie Center, IA, 50115 |
| Travelers | Ab & J Insurance Services | 101C WEST STATE ST, MARSHALLTOWN, IA, 50158 |
| State Farm | Chuck Freeman | 5000 Ep True Pkwy Ste A, Wdm, IA, 50265-2965 |
| State Farm | John Adamson | 3210 Hubbell Ave, Des Moines, IA, 50317-3750 |
| Travelers | Target Employees | 12421 MEREDITH DR, URBANDALE, IA, 50398 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lee township, Polk County, Iowa | $82 | $109 | $164 |
| Bloomfield township, Polk County, Iowa | $83 | $110 | $165 |
| Pleasant Hill city, Iowa | $87 | $115 | $173 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Des Moines, IA | 4.6% | 12.6% |
| Lee | 4.96% | 13.49% |
| Bloomfield | 4.55% | 12.5% |
| Pleasant Hill | 3.67% | 11.27% |
| Des Moines Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 491 | 1.0% | $337 |
| $200 to $299 | 974 | 3.0% | $787 |
| $300 to $499 | 2,864 | 9.0% | $1237 |
| $500 to $749 | 12,282 | 41.0% | $1912 |
| $750 to $999 | 7,946 | 26.0% | $2662 |
| $1,000 to $1,499 | 4,581 | 15.0% | $3787 |
| $1,500 or more | 470 | 1.0% | $5437 |
| Streets in Des Moines Area | Homeowners Insurance Cost |
|---|---|
| Depot St, 85th St, N Alice Ave, Pinehurst Cir, 94th Ln, Lyle Murphy Dr, Fairfax St, N 3rd St, SE 80th Ave, County Line Rd | $704 |
| Carter Trl, N 44th St, 105th Ln, Oakwood Dr, County Line Rd, S 8th St, NW 97th St, 98th Ave, Old Orchard Dr, 43rd Pl | $713 |
| 61st Ln, 4th St, Crescent Dr, N 8th St, Villa Dr, Fulton St, Crestview Dr, Warren Ave, 53rd Ave, Greenlee Ave | $708 |
| Skyline Dr, Rinard Rd, Albany Trl, W Co Rd R57, Veterans Memorial Dr, 88th Ave, Railroad St, Co Rd G24, Patterson Dr, Pinehurst Dr | $713 |
| 91st Ln, Co Rd R45, Clover Hill Dr, N Dawson Ave, Carter St, 33rd Ave, East St, Co Rd G14, N Greenlee Ave, W County Line Rd | $714 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Des Moines | $99 to $101 |
| Lee | $98 |
| Bloomfield | $99 |
| Pleasant Hill | $104 |
| Coverage ($) | Premium ($) | Company |
|---|---|---|
| 1826 | 250000 | Allied Property and Casualty Insurance Company |
| 459 | 150000 | Travelers Home and Marine Insurance Company |
| 668 | 100000 | USAA General Indemnity Company (GIC) |
| 1194 | 250000 | United Services Automobile Association (USAA) |
| 913 | 150000 | Allied Property and Casualty Insurance Company |
| 104 | 25000 | Allstate Prop & Cas Ins Co |
| 548 | 70000 | Farm Bureau Property & Casualty Insurance Company |
| 678 | 70000 | Nationwide Affinity Insurance Company of America |
| 1410 | 150000 | Shelter Mutual Insurance Company |
| 363 | 100000 | Travelers Home and Marine Insurance Company |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,600 | $3,600 |
| Yearly Des Moines Homeowner Insurance Premium Example | $1,200 | $800 |
| Out of Pocket Expense During Claim | $1,600 | $3,600 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $10,000 | $9,200 |
| Net Savings to Des Moines Home Owner from High Deductible Plan | $800 | |
| Scenario | Des Moines, IA Home Replacement Value MORE than Home Value | Des Moines, IA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $231,500 | $164,000 |
| Insurance Premium based on Replacement Value | $1,350 | $950 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $46,500 | Risk Exposure from Under Insuring Coverage is $21,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $275/year |
| Insurance Company | State Farm | Amica Mutual Insurance Company | Nationwide Insurance |
| Monthly Premium | 51 | 142 | 96 |
| Year Built | 1961 | 1976 | 1988 |
| Home Details | 3 Beds, 1 Baths | 5 Beds, 3 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $250000-$300000 | $150000-$175000 |
| Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |