Average homeowners insurance cost in Jonesboro, Arkansas

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Homeowners in Jonesboro pay an average of $3,635 per year for a standard policy with $300,000 in dwelling coverage, $100,000 in liability coverage, and a $1,000 deductible. That’s $1,120 more than the national average of $2,515. In Jonesboro, Farm Bureau Insurance of Arkansas offers the lowest average rate at $2,340 per year.

That said, the average only tells part of the story. Your individual premium could land well above or below that figure based on:

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

Ways to lower your home insurance in Jonesboro

Compare 3+ quotes before every renewal – different companies offer the same coverage at different prices
Raise your deductible from $1,000 to $2,500 to save 10% to 15%
Bundle home and auto for a 10% to 25% multi-policy discount
Ask about discounts for security systems, smart-home devices, and claims-free history
Improve your credit in states where insurers use it

Average homeowners insurance cost per month in Jonesboro

Homeowners in Jonesboro pay an average of $303 per month for coverage, which is $7 more than compared to the state average of $310 and $93 more than compared to the national average.

Comparing quotes from multiple insurers is one of the easiest ways to find lower rates in your area.

A quick look at homeowners insurance costs in Jonesboro

The average home insurance premium in Jonesboro is around $3,635 per year, though your actual cost will depend on the provider you choose and how much coverage you carry. Comparing options and right-sizing your coverage are two of the most effective ways to manage your annual spend.

Homeowners insurance costs $3,635 per year in Jonesboro
At $2,340 per year, Farm Bureau Insurance of Arkansas offers the cheapest homeowners insurance in Jonesboro
Your home insurance rates increase by $873 more annually if you increase your dwelling coverage from $200,000 to $300,000

Average homeowners insurance cost for a $200,000 house in Jonesboro

Homeowners insurance for a $200,000 dwelling in Jonesboro costs an average of $2,762 per year. Rates can vary depending on local risks, such as natural disasters, which may increase rebuilding costs and insurance premiums.

Standard homeowners insurance policies usually exclude flood and hurricane damage because those events can cause widespread, costly losses across entire regions at the same time. Homeowners in high-risk areas may need separate flood or windstorm coverage to fully protect their property.

It’s also important to make sure your coverage limit is high enough to rebuild your home at current construction costs, not just its market value. That’s why it helps to shop around for quotes, review your coverage regularly, and use any discounts available to keep costs under control.

A quick look at homeowners insurance costs in Jonesboro

Home insurance in Jonesboro averages around $3,635 per year, but what you actually pay depends on the coverage level you choose and which insurer you go with. Shopping around and selecting the right limits can make a meaningful difference in your annual cost.

Homeowners insurance costs $3,635 per year in Jonesboro
At $2,340 per year, Farm Bureau Insurance of Arkansas offers the cheapest homeowners insurance in Jonesboro
Your home insurance rates increase by $873 more annually if you increase your dwelling coverage from $200,000 to $300,000

Average homeowners insurance cost for a $300,000 house in Jonesboro

For homeowners with $300,000 in dwelling coverage in Jonesboro, the average annual premium is $3,635. Stepping up from a $200,000 to a $300,000 limit typically adds about $873 per year to your bill.

That increase makes sense: with a higher limit, the insurer takes on more potential liability in the event of a total loss. But the higher premium is often justified. Being properly covered means you won’t be left covering a large portion of rebuild costs yourself after a serious incident.

People also ask:

How much dwelling coverage do you need for your home?

Your dwelling coverage should be enough to fully rebuild your home at today’s construction prices – which is often different from what the home would sell for on the market. According to the Insurance Information Institute (III), a nonprofit organization that provides data and insights on the insurance industry, most policies cover personal belongings at roughly 50% to 70% of the dwelling coverage amount. To find the right number, factor in your home’s size, the materials it’s built with, and local labor costs in Jonesboro.

Is $300,000 enough homeowners insurance coverage?

It depends on what it would cost to rebuild your specific home in Jonesboro. In areas with higher construction costs, $300,000 may not stretch far enough. Compare your coverage to rebuilding costs, not your home’s market value.

Average homeowners insurance cost in Jonesboro by company

Farm Bureau Insurance of Arkansas offers the cheapest homeowners insurance in Jonesboro at an average of $2,340 per year. State Farm and Allstate are also among the most affordable providers in the area.

Comparing multiple insurers is essential, as rates and coverage options vary widely between companies.

Home insurance company	Annual rate
Farm Bureau Insurance of Arkansas	$2,340
State Farm	$2,986
Allstate	$3,148
Nationwide	$3,605
Travelers	$3,706
Farmers	$4,283
Shelter Insurance	$5,247
Auto-Owners	$6,741
USAA*	$2,566

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

What factors affect homeowners insurance rates in Jonesboro?

Insurance companies price your policy based on how likely you are to file a claim and how expensive that claim would be. That calculation pulls from your home’s physical characteristics, your location, your coverage choices, and even your financial history.

Here’s how the biggest factors actually move your rate:

Size of your home. Bigger homes cost more to rebuild, and rebuild cost is what your dwelling coverage has to pay for. A 3,500-square-foot home will almost always cost more to insure than a 1,500-square-foot one on the same street. Insurers calculate this using square footage, construction materials, and local labor rates – not your home’s market value.
Age of your home. Older homes typically cost more to insure because of higher-risk systems like knob-and-tube wiring, galvanized plumbing, and aging roofs. A home built in 1925 with original electrical can cost 20% to 40% more to insure than a comparable new build. Recent updates to the roof, electrical, or plumbing can offset this – but you have to tell your insurer about them.
Amount of coverage you need. Higher dwelling and liability limits mean higher premiums, but your deductible is where you have the most control. Raising it from $1,000 to $2,500 typically saves 10% to 15%; going from $1,000 to $5,000 can save more than 20%. Just don’t pick a deductible you couldn’t actually afford tomorrow.
Location. Two identical homes a few miles apart can have very different rates. Insurers look at your ZIP code’s history of weather damage (hail, wind, flooding), wildfire risk, crime rates, and even how far you are from the nearest fire hydrant or fire station. Homes more than 5 miles from a fire station often pay noticeably more.
Your credit score. In most states, insurers use a credit-based insurance score to predict claim likelihood. Homeowners with poor credit can pay 50% or more than those with excellent credit for the same coverage. Three states – California, Maryland, and Massachusetts – ban this practice for homeowners insurance.
Claims history. Your past claims matter, even if they were on a different home. Filing two or more claims in the past 5-7 years can raise your rate or make it harder to find coverage. Some insurers also pull the CLUE report (Comprehensive Loss Underwriting Exchange) on your address – meaning the previous owner’s claims can affect your rate too.

Frequently asked questions

Is homeowners insurance required in Jonesboro?

There’s no state or local law requiring homeowners insurance in Jonesboro, but mortgage lenders will usually require it as a condition of your loan. And even if you own your home free and clear, going uninsured carries real financial risk – a single fire or major storm could mean six figures in out-of-pocket repair costs.

How much coverage do I need for my home?

Your dwelling coverage should be enough to fully reconstruct your home from scratch if it were completely destroyed. That number is driven by local construction costs, your home’s square footage, and the materials used to build it – not what it’s worth on the open market. A replacement cost estimate from your insurer or an appraiser is a good starting point, and it’s worth revisiting every few years as costs change.

What does homeowners insurance not cover?

Flood and earthquake damage are excluded from standard policies, even though both can cause devastating losses. Homeowners in high-risk areas will need separate policies to be fully covered. Other exclusions include routine wear and tear, pest damage, and sewer backups. These can be added as endorsements instead. Reading your policy thoroughly before you ever need to file a claim is always a good idea.

Methodology

In 2025, Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Jonesboro for $300,000 dwelling coverage, $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

Sources

Insurance Information Institute. How much homeowners insurance do you need? Accessed May 2025.

How much is home insurance in other cities?

See rates in your city

Fayetteville

Fort Smith

Little Rock

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.