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Older homes (30+ years): As homes age, their risk factors increase, particularly with outdated systems like roofing, plumbing, and wiring.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.
