If you’re shopping for homeowners insurance in Huntsville, Alabama, the average annual cost of a standard policy is much cheaper than the state average of $4,317. Huntsville homeowners pay an average of $2,912 annually for $300,000 worth of coverage with a $1,000 deductible, and $2,963 annually for the same coverage amount with a $500 deductible.

Severe thunderstorms, flooding, and tornadoes can occur in Huntsville.1 Huntsville homeowners don’t experience the same hurricane risks as the state’s coastal cities, which may make your home a lower risk to insure and result in lower premiums.

Here’s what you should know if you’re looking for a home insurance policy in Huntsville.

Best home insurance companies in Huntsville

The best home insurance company for you will depend on your unique needs, home characteristics, budget, and more. You can start your search with three of the best insurance companies in Huntsville below.

Best company for cheap coverage: Allstate

Best company for veterans: USAA

Best company for customer satisfaction: State Farm

Cheapest home insurance companies in Huntsville

Allstate, Centauri Specialty, and Cincinnati Insurance are three of the cheapest home insurance companies in Huntsville on average. That said, you should always compare quotes from multiple insurance companies to make sure you find the best coverage at the most affordable price.

Compare average quotes from different insurance companies below. Annual premiums reflect costs for a policy with $300,000 in dwelling coverage and a $1,000 deductible.

How much is home insurance in Huntsville?

On average, homeowners in Huntsville pay $2,912 per year for a home insurance policy with $300,000 in dwelling coverage and a $1,000 deductible. The same coverage with a $500 deductible costs a bit more annually, at $2,963.

But you could end up paying more or less for home insurance depending on the amount of coverage you need, your past claims history, credit history, and more. Your home’s value, size, age, and condition will also affect how much you pay for coverage.

Cost of home insurance by dwelling coverage in Alabama

Opting for more coverage for your home will result in higher premiums. That said, you’ll want to align your total dwelling coverage with your home’s value.3 It’s smart to make sure you have sufficient coverage in the event of significant home damage.

Here’s a look at statewide average annual premiums in Alabama based on coverage limits.

Cost of homeowners insurance by deductible amount

You’ll have to pay a deductible before your insurance company covers your claim. Homeowners insurance deductibles of $500 and $1,000 are common. Opting for a higher deductible generally results in lower premiums, and vice versa. Just make sure that you can afford to pay more out of pocket in the event of a claim if you’re considering a higher deductible.

Compare average annual premiums below for policies with $300,000 in dwelling coverage.

Average cost of home insurance in other cities in Alabama

The cost of homeowners insurance can vary depending on your ZIP code within Huntsville, and it also differs in other Alabama cities. Insurers look at factors like weather events, local crime, proximity to public services like police and fire stations, and more when determining your home insurance rate.

This table highlights the average cost of home insurance in other Alabama cities. Annual premiums reflect costs for a home insurance policy with $300,000 in dwelling coverage and a $1,000 deductible.

What to know about owning a home in Huntsville

The average home value in Huntsville is higher than the average home value in the state of Alabama and significantly higher than in Birmingham, the state’s second-largest city, according to Zillow. Higher property values can lead to higher home insurance costs, which is something to keep in mind if you’re thinking of moving to Huntsville.

Huntsville does have occasional severe weather events, including thunderstorms and tornadoes. If you have concerns about wind damage to your home, it’s important to discuss your coverage with an insurance agent.

While many standard home insurance policies cover wind damage, certain insurers may have exclusions or offer supplemental coverage for homeowners in high-risk areas. Understanding what a potential policy covers and doesn’t cover can help ensure you have enough home protection.