Average homeowners insurance cost in Fort Smith, Arkansas

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In Fort Smith, homeowners pay an average annual rate of $3,877 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $1,295 more than the national average of $2,582 .

Homeowners insurance premiums can vary significantly from one property to another. In Fort Smith, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read our guide to discover the monthly homeowners insurance cost in Fort Smith, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in Fort Smith.

Key Takeaways

In Fort Smith, homeowners insurance costs $3,877 annually.
State Farm offers the most affordable homeowners insurance in Fort Smith with an average annual premium of $2,997 .
If you increase your dwelling coverage from $200,000 to $300,000, your annual home insurance premium will be $506 higher.

Average homeowners insurance cost in Fort Smith per month

Residents of Fort Smith pay an average of $323 a month for homeowners insurance. It’s $6 less than the state average of $329 and $108 more than the national average for home insurance across the nation.

The cost of your homeowners insurance policy in Fort Smith may change based on location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house

Homeowners insurance with $200,000 in dwelling coverage and $100,000 in liability protection costs about $3,371 per year in Fort Smith. Your rate can vary based on a number of factors, especially the risk of natural disasters in your area. Places more prone to floods, hurricanes, or tornadoes often face higher rebuilding costs, which leads to higher insurance premiums.

It is important to note that your insurance plan may not cover flood or hurricane damage. So, if you live in an area prone to flooding, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house

Fort Smith residents pay an average of $3,877 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. To increase your dwelling coverage from $200,000 to $300,000, you’ll pay an additional $506 per year.

The smartest approach is to carry enough insurance to cover the full cost of rebuilding your home.

Average homeowners insurance cost in Fort Smith by company

Among the carriers we analyzed, State Farm is the cheapest homeowners insurance company in Fort Smith. Its average annual rate for Fort Smith homeowners is $2,997 , while Farm Bureau Mutual Ins Co of AR ranks second.

Before picking a homeowners insurance policy, it’s a good idea to do a little homework on the company. To make it easier, our experts reviewed all the top insurers in Fort Smith and put together a list of the most affordable options. Below, you’ll find the average annual premiums for each provider in the area.

Home Insurance Company	Annual rate
State Farm	$2,997
Farm Bureau Mutual Ins Co of AR	$3,589
Farmers	$3,888
Shelter Insurance	$4,074
Allstate	$4,766
Auto-Owners	$5,581
Nationwide	$4,305
USAA*	$3,356

*USAA is only available to military community members and their families.

Bundling your home insurance with other policies, such as auto insurance, can result in substantial savings. Many insurers offer discounts to policyholders who combine multiple policies. It will help you lower your premiums and simplify policy management.

Natural disasters in Arkansas that can impact your home insurance

Living in Arkansas means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

Arkansas is commonly affected by Ice storm and Winter weather.

How home insurance protects you against natural disasters

Home insurance protects your property and belongings from the financial impact of natural disasters. Home insurance can help pay for structural damage repairs, replace lost or damaged items, and provide funds for temporary housing if you can’t live in your home. This coverage provides financial relief, making it easier for homeowners to recover quickly from the effects of natural disasters.

While standard policies generally cover damage from windstorms, hail and lightning, additional coverage is required for disasters like floods, earthquakes and wildfires.

These types of damage are usually not covered by homeowners insurance, so homeowners need to buy separate flood or earthquake insurance to ensure complete protection.

Make sure your coverage is disaster-ready

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Fort Smith for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.