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Homeowners insurance policies come in many different shapes and sizes. Comparing quotes from multiple providers ensures you're getting the best deal around.

Jonesboro, AR Home Insurance Rates

Located on the Crowley’s Ridge, the city of Jonesboro is in the northeastern corner of the state of Arkansas. It is home to the Arkansas State University and is one of the two seats of the county in Craighead County. The city has a humid subtropical climate according to the Koppan climate classification. Being a humid city, it is no stranger to hail, sleet, snow, and rain. The city residents also experience storms that cause damage to their homes, leading to their heavy dependence on homeowners insurance.

Homeowners Insurance Premiums in Jonesboro, AR

Currently, the average monthly premium for Jonesboro is at $126.63 which is $3.4 higher than the Arkansas average monthly premium at $123.23. Jonesboro was found to be the most expensive city among 9 most populated cities in Arkansas. For our study we got rates from 3 popular home insurance providers. The three companies are namely – State Farm, Liberty Mutual and Farm Bureau Insurance. As in most of the cities in Arkansas, Farm Bureau Insurance offers one of the most affordable rates at only $89.72 while the other two are offered at an average of $181.66 and $108.50 respectively.

Jonesboro, AR Homeowners Insurance Monthly Premiums

Zip CodeState FarmLiberty MutualFarm Bureau InsuranceZip Code Average
Company Average$181.66$108.50$89.72Jonesboro Average: $126.63
72401$179.41$97.00$85.50$120.64
72404$183.91$120.00$93.93$132.61

The method used for studying this Jonesboro, AR Homeowners Insurance is based on quotes obtained from 1500 sq ft house that was built back in the year 2000 with two separate bathrooms. The value of the home is estimated at $150,000, given the assumption that the roof of the house has been replaced back in the year 2015. Our study got quotes for 2 of Jonesboro’s zip codes – 72401 and 72404.

Jonesboro, AR Statistics

The population estimates based on the census July 1, 2017, in Jonesboro city is 75,866. The number of housing units in the city that are owner occupied is 53.6% between 2012-2016. This owner occupied housing units are valued at $141,900. The median selected owner costs on a monthly basis with a mortgage are estimated at $1,052, and without mortgage, it is $324. The median gross rent for housing units is $706 between 2012-2016.

The median household income in Jonesboro city between 2012-2016 is $42,732. Their per capita income for the last 12 months is $24,779 with 21.6% of the population living under poverty. The crime rate in the city is rated on a scale of 1 to 100 (1 being the lowest and 100 being the highest.) The violent crime rate in the city is 38.3 while the property crime rate is at 56.0.

Conclusion

Homeowners insurance is an important investment and homeowners should make it a point to choose the best in service. However, there are multiple ways in which a person can save a lot of money while also getting the best insurance in the city. One important tip to keep in mind is to improve the security of your home. Get as high as 5 % discounts on things like dead bolt locks, burglar alarm and smoke detector. There are certain companies offering to cut down your premium to as high as 15 to 20 per cent just for installing a high end sprinkler system and other things like burglar and fire alarm.

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