Home Insurance in Montgomery, Alabama
National vs. Montgomery Home Insurance Rates
The national average cost of home insurance is $1,400 per year, but in Montgomery, homeowners pay slightly less at $1,550 per year. Lower severe weather risks compared to coastal cities like Mobile contribute to this.
Home Insurance Rates by Home Age in Montgomery
| Home Age | Average Annual Premium |
|---|---|
| 0-10 years | $1,400 |
| 10-20 years | $1,500 |
| 20-30 years | $1,550 |
| 30+ years | $1,650 |
- Newer homes (0-10 years): Benefit from modern construction techniques, resulting in lower premiums.
- Older homes (30+ years): As homes age, their risk factors increase, particularly with outdated systems like roofing, plumbing, and wiring.
Home Insurance Rates by Credit Tier in Montgomery
- Excellent Credit (750+): $1,400/year
- Good Credit (700-749): $1,500/year
- Fair Credit (650-699): $1,600/year
- Poor Credit (Below 650): $1,900/year
Cheapest Home Insurance Providers in Montgomery
- Nationwide: $1,500/year
- State Farm: $1,520/year
- Allstate: $1,540/year
- USAA: $1,500/year (available to military families)
Home Insurance Rates by Deductible Amounts in Montgomery
- $500 Deductible: $1,700/year
- $1,000 Deductible: $1,600/year
- $2,000 Deductible: $1,450/year
- $5,000 Deductible: $1,250/year
Comparing Montgomery to Other Alabama Cities
Huntsville: More affordable at $1,500/year.
Birmingham: Slightly higher at $1,600/year.
Mobile: Higher due to coastal exposure at $1,800/year.
- About the Author
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Autumn Cafiero Giusti is a licensed life and health insurance broker and award-winning journalist with more than 20 years of experience. She writes extensively about flood, Medicare, home, and life insurance for publications like U.S. News and CBS News.
