Salem, AR homeowners insurance is about $962 to $1,319, about $80-$109/month. Our thorough guide indicates shoppers can save as much as $456 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Salem, AR | Homeowners Insurance Agency Near Salem, AR | Address |
|---|---|---|
| Allstate | Black & Assoc. Inc. | 107 S Oak St, Sheridan, AR, 72150 |
| Travelers | Buffalo Agency Inc | 122 NORTH FIRST STREET, CABOT, AR, 72023 |
| Travelers | Gann Agency Inc | 2615 N PRICKETT DR STE 2, BRYANT, AR, 72022 |
| Allstate | Rick Spivey | 1225 Hot Springs Hwy, Benton, AR, 72019 |
| Allstate | Summit Ins Group | 1721 Mlk Blvd Ste M, Malvern, AR, 72104 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Avilla CDP, Arkansas | $177 | $236 | $354 |
| Benton city, Arkansas | $170 | $226 | $339 |
| Saline County, Arkansas | $170 | $226 | $339 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Salem, AR | 7.4% | 27.5% |
| Avilla | 7.69% | 30.92% |
| Benton | 7.43% | 23.84% |
| Saline County | 7.96% | 26.38% |
| Salem Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 75 | 25.0% | $1253 |
| $500 to $749 | 35 | 12.0% | $1928 |
| $750 to $999 | 129 | 44.0% | $2678 |
| $1,000 to $1,499 | 52 | 17.0% | $3803 |
| Streets in Salem Area | Homeowners Insurance Cost |
|---|---|
| Fernwood Dr, Crepe Myrtle Cove, Alcoa Blvd, Chestnut Loop, J W Cove, Lake Norrell Rd, Meyers Rd, Great Hill Rd, Crest Cir, Shirewood Ct | $1,141 |
| Woodland Dr, Carwin Dr, Jefferies Dr, Diana St, Brookwood, Jonny Ln, Fern Creek Dr, Bear Cove, Trickey Ln, E Shenandoah Rd | $1,141 |
| Redcliff Dr, Cow Patty Trl, Windsong, Avilla Heights Dr, Old Stage Coach Rd, Derby Rd, Ruth St, Quartz Dr, English Oak Dr, River Oaks Dr | $1,141 |
| W Greenbrier, Skyline Dr, Sharron Rd, White Oak Dr, Shenandoah Rd E, North Pl, Woodvale Ln, Hickory Ridge, Lakeside Dr, Jeffcoat Ln | $1,135 |
| Westbury Dr, Joyce Dr, Garden Bend Dr, Spuds Ln, N Lakeview, Kenwood Rd, Spring Creek Dr, Janet St, Raney Cv, April Sound St | $1,136 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Salem | $169 to $172 |
| Avilla | $177 |
| Benton | $169 |
| Beaver | $171 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $3,000 |
| Yearly Salem Homeowner Insurance Premium Example | $1,500 | $1,100 |
| Out of Pocket Expense During Claim | $1,000 | $3,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $13,000 | $11,800 |
| Net Savings to Salem Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Salem, AR Home Replacement Value MORE than Home Value | Salem, AR Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $162,500 | $113,000 |
| Insurance Premium based on Replacement Value | $1,350 | $925 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $33,500 | Risk Exposure from Under Insuring Coverage is $16,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $300/year |
| Insurance Company | Farmers Insurance | Allstate | GEICO Insurance |
| Monthly Premium | 70 | 199 | 243 |
| Year Built | 2009 | 1982 | 2010 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $100000-$125000 | $250000-$300000 | $350000-$400000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | $500 Deductible |