Gulf Shores, AL Homeowners Insurance Rate Quotes!

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Homeowners have recently discovered a quick and easy ways to compare homeowners insurance rates in Gulf Shores from the comfort of their own home. GetHomeInsuranceQuotes.com (GHIQ) has professional agents standing by to help you find the best policy for your needs. Our fast quoting process is simple and has been used successfully by thousands of homeowners just like you who want to quickly compare insurance rates and buy a policy without any hassle. On average, rates are around $89 per month, shop now to save on Gulf Shores homeowners insurance.

We will provide premium quotes from up to 12 or more insurers so you can compare the cost and coverage of your new policy. All of the insurers we work with are national companies that are highly rated A+ by A.M. Best so you can be confident they will be there to help if you need to make a claim.

Average Gulf Shores Home Insurance Rates

For homeowners in the Gulf Shores area, the average home insurance premium is around $1,065 per year. Most HO-3 homeowners policies are paid annually for insurance coverage on a single-family home. For smaller homes rates can be as low as $815 per year. More expensive homes that are larger in square footage cost more to rebuild so the replacement cost value is higher which makes the premium higher, so rates for more expensive homes are around $1,365 per year or more.

Best Way to Shop Home Insurance

When we work with new customers at GHIQ we take the time to investigate your needs and discuss all of the available policy options. We will search for additional discounts and examine your coverage levels to make sure you are fully protected. In many cases, we can help you save up to 40 percent on your current rates, all from the comfort of your own home.

What does a policy cover?

All of our homeowner policies not only cover your Gulf Shores home and your possessions but any detached structures on your property as well. This includes detached garages, sheds, barns and other outbuildings. In addition, all of our standard policies offer loss of use coverage which will help cover your day to day living costs if you are forced out of your home due to a covered peril. Liability and medical costs are also standard coverages.

We will make sure that you have a complete understanding of your policy before you sign on the dotted line and are always available to answer any questions you have. Our agents will guide you through the entire process and evaluate your current coverage to make sure you are fully protected against all risks including flooding or earthquake damage. We will also do a full discount review to make sure you are receiving all available discounts.

For additional help, please visit our homeowners insurance blog for helpful articles, tips and customer related questions.

Compare Homeowners Insurance Rates in Gulf Shores, AL!

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

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

Average Rates Nearby Gulf Shores

Are you looking for homeowners insurance in a city near Gulf Shores? 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 Gulf Shores, AL

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

36542,     

Gulf Shores, AL Home Insurance Average Premiums

Local Gulf Shores, AL home insurance quotes comparison

$815 /yr.

Shows Gulf Shores's lowest average rates with discounts applied.

For the city of Gulf Shores, 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)		$815 /yr.
Average Coverage:$1065 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1365 /yr.

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

  • • The average homeowners insurance premium paid annually for a home in Gulf Shores is around $1065 per year.

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

  • • Homeowners in Gulf Shores pay an average cost per month around $89.00 for insurance coverage.

Gulf Shores, AL Coastal Wind, Hail & Flood Information

Gulf Shores 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 Gulf Shores 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 Gulf Shores, AL.

Gulf Shores, AL - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $431,285 $405,928
February $430,925 $412,549
March $432,463 $418,507
April $433,720 $425,568

Homeowners insurance will help cover the cost to repair or replace your Gulf Shores 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 Gulf Shores
  • 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 Gulf Shores, AL homeowners insurance rates all in one place!

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

Saving Money Tips on Gulf Shores Home Insurance

A great way to save money on Gulf Shores 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 Gulf Shores 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
0 ft. This is the average home elevation in Gulf Shores, 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 Gulf Shores, 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 Gulf Shores, 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 […]

Gulf Shores, AL Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Gulf Shores 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 Gulf Shores, AL?

- The average square footage in Gulf Shores is around 2,366 Sq. Ft. which would cost you around $246,100 to replace the home if you base the home on the price to build per square foot of $104.

Minimum Replacement Cost Total: $246,100

Location: Gulf Shores, Alabama (Baldwin County)

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

Average Square Footage in Gulf Shores: 2,366 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$104$246,100
Some Additional Upgrades$130$307,625
Major Home Updates or Advancements$156$369,150

The dwelling coverage is calculated by the average cost per square foot ($104) in Gulf Shores, 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.