The 5 Best Alabama Homeowners Insurance Companies
In most instances, finding homeowners insurance in Alabama boils down to a proper combination of cost, coverage, and discounts. However, to find the best homeowners insurance in Alabama, it is important to pay attention to the unique needs of your area. For instance, if you own property on the Gulf Coast, you should be aware of special disaster insurance called “beach and windstorm protection.” Finding the best Alabama homeowners insurance companies that offer a good mix of the features above is the key to ensuring you are adequately protected.
Alfa Mutual Insurance Company
Alfa earned a spot among the best homeowners insurance companies in Alabama by offering a superb mix of coverage and discounts. Headquartered in Montgomery, AL, Alfa boasts an AM Best credit rating of A+, and its Property and Casualty companies service over one million policies across 11 states. They offer discounts for Burglar alarms, smoke alarms, dead bolt locks and fire extinguishers, claims free discounts, auto insurance bundling, and higher deductible options. In terms of coverage, only the best, HO-3 coverage is available, so Alfa may not be suitable for those seeking absolute bare minimum coverage. However, windstorm damage is included in the standard policy. With personal liability and medical payment and special valuables add-ons, Alfa shines in the Alabama home insurance market.
One huge benefit to choosing a national carrier is that they are usually at the forefront of market innovations. Allstate has a great home inventory tool as well as smartphone apps to help manage your policies. Discounts are widely available including multi-policy, claim-free, early renewal, auto payment, smoke free discounts and more. Standard coverages include dwelling and other structure protection, personal property protection, liability and medical payment coverage and reimbursed living expenses. Allstate also boasts enhanced features to protect your premium from rate increases if you file a claim. Finally, additional coverage options can help with identity theft recovery, electronic data recovery and “Green Improvement” reimbursement. The many options and benefits make Allstate a great choice for your homeowners insurance in Alabama.
Country financial has come a long way in the 80 years since it started offering fire and lighting insurance in 1925. With an AM Best A+ rating, Country is a solid choice amongst Alabama homeowners insurance companies. Country offers three tiers of coverage. We found few companies that offered its Premier coverage, which provides protection for things not excluded in the policy such as countertop burns, paint spillage and power surge damage. Country also offers liability coverage up to $1,000,000, and medical payment coverage up to $25,000. Additional options include identity theft coverage, umbrella coverage, replacement cost coverage and inflation protection. Discounts are also widely available including for multi-policy, alarm and safe heat. However, some unique discounts such as age of wiring and hail resistant roof are not available for Alabama home insurance. Country does provide a household inventory checklist in document format, but it is not an interactive feature of its website.
Nationwide is definitely on your side in Alabama. In addition to its standard dwelling and property coverage, Nationwide offers several enhancements to fit your unique situation. After some of the recent natural disasters, many policyholders took advantage of features like water back up sewer coverage, replacement cost plus, which pays an additional amount over the policy limit, and ordinance or law insurance, which pays to bring your new home up to code after a covered loss. These are rare features in the Alabama homeowners insurance market. Deep discounts are also available. According to the Nationwide website, policyholders can get up to 20% multi-policy discount, 15% protective device discount and up to 30% age of construction discount. If you are married, take another 5% discount. Finally, so many retirees are flocking to the state, that those 60 and up can tack on another 15% savings.
State Farm makes sure you’re getting the best bang for your buck by automatically checking for discount savings with its Discount Double Check feature. In addition to many standard discounts, State Farm offers discounts for utilities ratings plans and fire sprinklers. Standard coverage for Alabama does include windstorm, and additional add on coverage help to protect in the case of bodily harm, injury or accidents that are comparable to most national carriers. In the cool features department, State Farm offers a Premier Service Program that connects you with reputable local contractors after a loss, and a home inventory tool. These extra services, coupled with an AM Best A+ rating, puts State Farm among the top providers of Alabama homeowners insurance.