Best and Cheapest Home Insurance Companies in Arkansas (2026)
Find Cheap Home Insurance Quotes in Arkansas
Who has the best cheap home insurance in Arkansas?
Who has the cheapest home insurance in Arkansas?
State Farm, Farmers and Farm Bureau offer the cheapest homeowners insurance in Arkansas.
Find Cheap Home Insurance Quotes in Arkansas
- Farmers has the cheapest rates for affordable homes in Arkansas. A Farmers policy with $200,000 of dwelling coverage is 37% less than the statewide average.
- State Farm has the cheapest home insurance rates for people with midpriced homes. A State Farm policy with $350,000 of dwelling coverage costs 27% less than the Arkansas average, while a policy with $500,000 of coverage is 30% cheaper than average.
- Farm Bureau has the most affordable home insurance for expensive homes in Arkansas. A Farm Bureau policy with $1 million of coverage costs 45% less than the state average.
Cheapest home insurance companies in Arkansas by dwelling coverage amount
$200,000
$350,000
$500,000
$1 million
Key takeaways
-
Home insurance rates in Arkansas went up by nearly 9% in 2025. That's about 3 percentage points higher than the average increase across the U.S. Additionally, Arkansas homeowners have seen their rates go up 59% over the last five years, 11 percentage points more than the national average.
This is partially because Arkansas has frequent, severe storms that cause a lot of damage to homes. Between 2020 and 2024, Arkansas had an average of six storms per year that caused over $1 billion in damage each. Those storms account for 26% of the billion-dollar disasters across the country each year, despite Arkansas making up less than 1% of the total U.S. population.
-
State Farm not only has some of the cheapest home insurance in Arkansas, but it also has fewer rate increases than average. Over the last five years, State Farm has raised rates by around 45%, which is 14 percentage points less than the Arkansas state average.
- Although Farmers and Farm Bureau also have affordable rates, both companies have had very high rate increases over the last five years, at 81% and 77%, respectively. So if you choose either of these companies, it's important to compare quotes each year to make sure it's still the best and most affordable choice for you.
- While wind causes the most damage to Arkansas homes, hail is also a major problem for homeowners across the state. Home insurance generally covers damage to your home from wind and hail. However, it won't usually pay for cosmetic damage, so you may need to pay to upgrade your coverage if you're worried about your home's curb appeal.
Best for most people: State Farm
Pros & cons
- Cheapest quotes in AR
- Low car insurance rates in AR make it great for bundling
- Lots of local agents
- Few coverage options and discounts
- Mediocre customer service
Why is State Farm the best?
State Farm is typically one of the most affordable home insurance companies in Arkansas. It has the cheapest rates for midpriced homes.
How much is State Farm insurance in Arkansas?
State Farm is also a great choice for bundling your home and auto insurance.
It's one of the cheapest car insurance companies in Arkansas and then also offers a generous discount for combining your policies.
You can save around 27.4% on your home insurance policy when you buy home and auto insurance from State Farm. That's a savings of around $706 per year on a policy with $350,000 of dwelling coverage.
Potential issues
State Farm has a reputation as a dependable, longstanding home insurer. However, its customer service reviews have been going downhill recently.
- State Farm earned a good score on J.D. Power's customer satisfaction survey
- The company scored below average on J.D. Power's claims satisfaction survey
- State Farm also gets 23% more complaints than other major insurance companies
That means it may take State Farm longer to send you a check after your home is damaged.
Another drawback of State Farm is that it doesn't offer many extra coverage options beyond the basics. You'll need to look elsewhere if you want your insurance company to pay for matching siding after hail damage or replace your landscaping.
Best home insurance coverage options in AR: Farmers
Pros & cons
- Helpful coverage add-ons
- Cheapest rates for affordable homes
- Lots of discounts
- Poor customer service
- Major rate increases over the last 5 years
Why is Farmers the best?
Farmers has useful coverage options if you want home insurance that goes beyond the basics.
For example, Farmers offers matching of undamaged property coverage.
With this coverage, if a hailstorm damages just a portion of your roof or siding, Farmers will pay to replace everything so you don't have mismatched materials. Arkansas homeowners can really benefit from this coverage because severe storms and hail are so common across the state.
Farmers also offers glass coverage, which means it will replace broken windows without you having to pay your deductible first.
Home insurance at Farmers is typically affordable, too. Its average price for $200,000 of coverage is 37% less than the state average.
How much is Farmers insurance in Arkansas?
Potential issues
Farmers' customer service is poorly rated. It scored below-average on both J.D. Power's customer satisfaction survey and its claims satisfaction survey. That means you'll probably have a better customer service experience with another company.
Farmers home insurance rates remain affordable, but the company has raised rates by nearly 81% over the last five years. That's 22 percentage points more than average in Arkansas.
If you choose Farmers, be sure to shop around for quotes each year to make sure it's still the best choice for you.
Best mobile home insurance in Arkansas: Foremost
Pros & cons
- Great coverage options for mobile homes
- No online quotes
- Mixed customer service reviews
Why is Foremost the best?
Foremost is a good option to cover mobile homes, which are common in Arkansas.
One of Foremost's best benefits is extended replacement cost coverage. This means that if your mobile home is destroyed, Foremost will pay up to 20% above the value of your policy limit to replace it. They will also replace your damaged belongings without considering any wear and tear, a rare benefit for mobile home insurance.
In addition, Foremost covers older mobile homes that you may have a hard time insuring elsewhere.
Potential issues
One downside to Foremost is that it doesn't offer instant online quotes. You can apply online, though, and an agent will email you a quote within 24 hours.
Additionally, Foremost gets mixed customer service reviews.
- Foremost was ranked 24th out of 27 companies on J.D. Power's customer satisfaction survey
- However, Foremost gets 34% fewer complaints than similar companies
That makes it difficult to predict what your experience with Foremost will be like if your mobile home is damaged in the future.
Best for military families in Arkansas: USAA
Pros & cons
- Excellent customer service
- Affordable rates
- Basic policy comes with extra coverage
- Only available to homeowners with military ties
Why is USAA the best?
USAA's customer service is top-notch, if you qualify.
For members of the military and their families, USAA home insurance is a strong option to consider.
- USAA earned the top score on J.D. Power's customer satisfaction survey
- J.D. Power ranked USAA second out of 16 companies for claims satisfaction
- USAA gets 64% fewer complaints than a typical home insurance company its size
That means customers are generally happy with the service they get from USAA.
Since it was founded specifically to meet the needs of members of the armed forces, USAA has some coverage benefits that may make it especially appealing to service members.
For example, USAA's personal property coverages apply worldwide, even in war zones. Most home insurance policies exclude war zones. Plus, if your uniform or military-issued equipment is lost, stolen or damaged while on active or reserve duty, USAA will waive your deductible if you need to make a claim.
USAA also tends to be cheaper than average. And, although it's not the absolute cheapest company, it could be worth spending a little extra for the additional coverages it includes.
How much is USAA insurance in Arkansas?
Potential issues
The biggest downside to USAA is that it's not available to the general public. You can only buy a home insurance policy from USAA if you have served in the military or if you're a direct family member of a military or USAA member.
Best-rated homeowners insurance companies in Arkansas
USAA and Farmers are the best-rated home insurance companies in Arkansas.
USAA has excellent customer service and affordable costs; however, you must be affiliated with the military to buy a policy.
Farmers offers a great combination of cheap quotes, useful coverage add-ons and helpful discounts. Nationwide has much better customer service reviews than Farmers, but it's also significantly more expensive.
How much is home insurance in Arkansas?
The average cost of homeowners insurance in Arkansas is $3,538 per year.
That's 48% more expensive than the national average of $2,395 per year.
Average cost of home insurance in AR by dwelling coverage
Arkansas is the sixth-most expensive state in the country for home insurance.
However, homeowners insurance in Arkansas is about average compared to its neighboring states. Missouri and Mississippi are slightly cheaper, at around $2,700 and $2,800 per year, respectively. But Oklahoma, where a typical policy costs $5,298 per year, is significantly more expensive.
Arkansas home insurance rates by city
Cammack Village is the cheapest city for home insurance in Arkansas.
This small town near Little Rock has an average rate of $3,013 per year.
Van Buren, a small city on the Arkansas River, near the Oklahoma border, is the most expensive city for home insurance. Home insurance in Van Buren costs an average of $4,054 per year. This is likely due to serious storms and tornadoes. For example, a June 2025 tornado damaged 46 buildings in Van Buren.
Although State Farm has the lowest overall rates in Arkansas, it's only the cheapest company in one-third of cities across the state. Many of these cities are in the eastern part of Arkansas.
Farmers is the cheapest option in the remaining 67% of cities and towns.
Find Cheap Home Insurance Quotes in Arkansas
Cheapest home insurance in Arkansas by city
What home insurance coverage do I need in Arkansas?
The most common natural risk in Arkansas is tornadoes, so it's important to have a policy that covers windstorm damage.
Arkansas experienced nearly 300 tornadoes between 2020 and 2025 that caused over $715 million in property damage. Tornadoes can cause more than just wind damage, though. The severe thunderstorms that produce tornadoes often cause hail or flooding damage as well.
Is wind damage covered by AR homeowners insurance?
Wind damage is almost always covered by homeowners insurance. Wind damage is one of the named insurance perils that appear on the majority of insurance policies. This is true whether the wind damages your home directly, such as by tearing shingles off your roof, or if it causes damage indirectly by knocking a tree onto your house.
Is hail damage covered by home insurance in Arkansas?
Homeowners insurance typically covers hail damage, but only if the hail causes a leak or structural damage. Basic home insurance won't usually pay to fix cosmetic damage.
Hail can cause major damage to Arkansas homes. In 2025, more than 13,000 homes across the state were damaged by hailstones with a 2-inch diameter or larger. That's roughly the size of a golf ball. Hail that size can break windows, dent siding, destroy your roof and even cause power outages.
Is flood damage covered by homeowners insurance in AR?
Flood damage is an increasing concern for Arkansas homeowners, especially those who live near a major river.
Unfortunately, flooding is almost never covered by standard homeowners insurance. If your home is at risk of flooding, you'll need to buy a separate flood insurance policy to protect your property. Homeowners in high-risk areas may be required to buy a policy in order to qualify for a mortgage.
In 2025, the National Flood Insurance Program (NFIP) paid over $13 million to fix or rebuild 241 Arkansas homes damaged by floodwater. That's an average of $56,564 of damage per claim.
There are two main types of flood insurance: policies sold through the National Flood Insurance Program (NFIP), which are backed by the federal government, and private policies sold and backed by insurance companies.
The average cost of a National Flood Insurance Program (NFIP) policy in Arkansas is $1,032 per year.
The main benefit of NFIP-backed flood insurance is that nearly anyone can buy a policy, regardless of how likely their home is to flood. However, there's normally a waiting period of 30 days, and you can only buy up to $250,000 of dwelling coverage.
Private insurance policies offer more flexibility when it comes to coverage limits and waiting periods, but homes at high risk of flood damage may be denied coverage.
How to get cheaper home insurance in Arkansas
There are three main ways to get cheaper home insurance in Arkansas: compare quotes, qualify for discounts and change your coverage.
Shopping for rates from multiple companies is the best way to lower your home insurance payments.
There's a difference of $2,029 per year between the cheapest and most expensive home insurance companies in Arkansas. And rates change every year, so it's a smart idea to shop around regularly.
Most home insurance companies offer at least a few discounts to help you save on home insurance.
The best and easiest way to get a discount is to bundle your home insurance with a cheap auto insurance policy in Arkansas. Some companies also offer discounts for military members, government employees or retirees.
You can also lower your home insurance rates by raising your deductible or lowering your coverage limits.
A higher deductible means the insurance company will pay you less money to fix your damaged home. It's important to choose a deductible you can easily pay in an emergency.
You can also adjust your coverage limits and get rid of extra coverages you may not need. However, make sure your limits are high enough to cover the cost of rebuilding your home and replacing your belongings if you have a major accident.
Cost of Arkansas home insurance over time
Home insurance rates in Arkansas are up nearly 59% over the last five years.
Home insurance rate hikes in Arkansas, 2021-2025
USAA had the smallest rate increase over the last five years, at 37%.
The most significant rate increase over the last five years was from Progressive, at 108%. Auto-Owners trailed with a 95% increase.
Frequently asked questions
What is the average cost of home insurance in Arkansas?
The average cost of homeowners insurance in Arkansas is $3,538 per year, or $295 per month. That's nearly 50% higher than the national average of $2,395 per year.
Who has the cheapest homeowners insurance in Arkansas?
State Farm offers the cheapest home insurance in Arkansas. The company’s average rate of $2,575 per year is 27% cheaper than the state average.
Who has the best homeowners insurance in Arkansas?
State Farm is the best choice for most people in Arkansas due to its cheap rates and great bundling discount.
USAA and Farmers are the top-rated home insurance companies in Arkansas. USAA combines affordable rates with excellent customer satisfaction reviews, but it's only available to homeowners with military ties. Farmers offers helpful coverage add-ons and lots of discounts, but it's typically more expensive than State Farm.
Methodology
To find the best homeowners insurance in Arkansas, ValuePenguin collected quotes from the top companies across every residential ZIP code in the state. Rates are for a 45-year-old married man with no prior insurance claims. Quotes are for a 1,860 square foot home built 43 years ago, based on the average home age and size in Arkansas.
Quotes include the following coverage limits:
- Dwelling coverage: $200,000, $350,000, $500,000 or $1 million
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $1,000
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. Quadrant's rates were publicly sourced from insurer filings and should only be used for comparative purposes.
Home insurance ratings are based on complaint data from the National Association of Insurance Commissioners (NAIC), the J.D. Power customer satisfaction survey and ValuePenguin's ratings.
Sources:
About the Author
Senior Writer
Lindsay Bishop is a Senior Writer at ValuePenguin, where she educates readers about home, auto, renters, flood and motorcycle insurance.
Lindsay began her career in the insurance and financial industry in 2010. She was a licensed auto, home, life and health insurance agent and held Series 6 and 63 financial licenses.
After a hiatus from the financial sector, Lindsay returned to the industry as a content writer for ValuePenguin in 2021. She enjoys having the opportunity to help readers make smart decisions about their insurance so they can be prepared for anything life throws their way.
When Lindsay isn't writing about insurance, you can find her spending time with family, enjoying the outdoors on Sunday long runs or riding her Peloton.
How insurance helped Lindsay
As a homeowner for 15 years located in South Carolina, Lindsay has plenty of experience navigating the coastal insurance market and managing the claims process. That includes successfully negotiating a full roof replacement claim.
Expertise
- Home insurance
- Car insurance
- Flood insurance
- Renters insurance
- Motorcycle insurance
Referenced by
- CNBC
- Yahoo Finance
- Miami Herald
Education
- BS/BA Economics, University of Nevada Las Vegas
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
