Daphne, AL Home Insurance Quotes!

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If your primary focus for shopping online for Daphne, AL homeowners insurance is based on affordable rates, then you have come to the right place. At GetHomeInsuranceQuotes.com, we compare the rates for you amongst 12 different carriers that all have competitive premium prices for homeowners living in the city of Daphne. It's not uncommon for local residendce to want to discover lower home insurance cost. Our long term experience and fast quoting process allows us to compare premiums and coverages, which allows you to benefit from savings and getting the coverage protection you need for your home. It only takes a few minutes to shop the best rates and prices for your home within or nearby the Daphne area.

Average Homeowners Insurance Rates in Daphne, AL

Daphne homeowners often want to know what other homeowners pay on average per month. This is a common question our insurance agents receives from customers that are looking to easily compare and lower rates. Daphne homeowners are paying around $883 per year. The state average is $1,501 per year for a standard policy. Shopping the best companies and offering discounts with a home insurance policy you can depend on and trust is what we enjoy doing for you. We help homeowners in Daphne pay around $1,133.00 per year on average, which is only $94.00 per month for great coverage you can depend on. Smaller homes in Daphne may see even lower prices in the $883.00 per year. Larger homes in the 3,000 square foot range will be more on the higher priced insurance coverage due to the replacement cost of more expensive homes. Rates for higher-end homes are around $1,433.00 per year depending on dwelling coverage, zoning and available discounts. Start shopping your home insurance today to get the best rate!

What's Covered?

The average homeowners insurance rates reflect the cost of a standard homeowners insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and liability coverage. For homeowners living in Daphne, it's important to know that your basic homeowners insurance policy does not protect you from flood damage. You need to purchase a separate policy know as a "flood insurance policy", and best of all our agents can help you determine what's the best fit for your home in terms of protection towards wind, hail and flood zones.

Daphne, AL Housing Data

The city of Daphne has grown to 21,570 residents in population size with 25,192 homes to be established within the city of Daphne. The average house value per zip code in Daphne, AL is $261,775. To help you determine your replacement cost for your home, you can review average and upgraded dwelling coverage options by using our homeowners insurance calculator.

Compare Homeowners Insurance Rates in Daphne, AL!

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Get up to 12 competitive Daphne, AL homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Daphne, AL rates all in one place!

Average Rates Nearby Daphne

Are you looking for homeowners insurance in a city near Daphne? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Daphne, AL

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Daphne.

36526,     36527,     

Daphne, AL Home Insurance Average Premiums

Local Daphne, AL home insurance quotes comparison

$883 /yr.

Shows Daphne's lowest average rates with discounts applied.

For the city of Daphne, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$883 /yr.
Average Coverage:$1133 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1433 /yr.

What is the average home insurance cost for a home in Daphne, AL?

  • • The average homeowners insurance premium paid annually for a home in Daphne is around $1133 per year.

What does it cost on average per month for home insurance in Daphne, AL?

  • • Homeowners in Daphne pay an average cost per month around $94.00 for insurance coverage.

Daphne, AL Coastal Wind, Hail & Flood Information

Daphne is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Daphne is know for it's beautiful beaches and waterways. Because Baldwin County (FIPS: 1003) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Daphne, AL.

Daphne, AL - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $308,007 $284,173
February $308,161 $288,272
March $309,190 $292,477
April $309,809 $296,870

Homeowners insurance will help cover the cost to repair or replace your Daphne home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Daphne
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Daphne, AL homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Daphne, AL rates all in one place!

Saving Money Tips on Daphne Home Insurance

A great way to save money on Daphne homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Daphne area? Check out what homeowners are paying on average for Alabama homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
111 ft. This is the average home elevation in Daphne, AL

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Daphne, Alabama.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Daphne, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Baldwin County.

Alabama Homeowners Insurance News & Information

  • Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024

    While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states.  In most states, insurers are allowed to consider credit scores when setting […]

  • The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024

    If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it.  A.M. Best is a credit rating […]

  • Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024

    A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

  • North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024

    North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

  • How Do Renovations Impact Home Insurance? (2024 Guide) Posted on Friday 15th March, 2024

    Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured.  Major upgrades such as adding square footage to your home or […]

Daphne, AL Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Daphne so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Daphne, AL?

- The average square footage in Daphne is around 2,517 Sq. Ft. which would cost you around $261,775 to replace the home if you base the home on the price to build per square foot of $104.

Minimum Replacement Cost Total: $261,775

Location: Daphne, Alabama (Baldwin County)

Average Building Cost Per Square Foot in Daphne: $104 (low end)

Average Square Footage in Daphne: 2,517 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$104$261,775
Some Additional Upgrades$130$327,219
Major Home Updates or Advancements$156$392,663

The dwelling coverage is calculated by the average cost per square foot ($104) in Daphne, Alabama times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $325,000 (Media price to build of $130 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.