Robertsdale, Alabama
22905 State Hwy 59
Robertsdale, AL 36567
(251) 947-3607

3 Factors That Affect Homeowners Insurance Costs February 6, 2020

Robertsdale, Baldwin
3 Factors That Affect Homeowners Insurance Costs, Robertsdale, Alabama

Homeowners insurance rates can vary significantly from one policy to the next, depending on several different variables. Knowing what these are will help ensure your most valuable asset is adequately covered for the best price possible, and it can also help you make important decisions about your property. Consider some of the following factors that affect coverage costs.

What Influences the Price You Pay for Homeowners Insurance?

1. Where You Live 

It’s common for insurance companies to charge more for coverage if you live in an area that experiences quite a bit of criminal activity or is prone to natural disasters. This means you have a higher likelihood of filing a claim. Additionally, your proximity to a fire station and police department will make a difference in how much you pay. The closer you are, the faster they can respond and mitigate your losses, which can help lower your homeowners insurance rates. 

2. Home Characteristics

homeowners insurance AlabamaThe age of your home is one of the first factors that providers will take into account when calculating policy premiums. Older structures tend to cost more to insure, as they may be in a declining condition, and the materials they’re constructed with are often more difficult and expensive to repair or replace. A home’s size will be another determinant since the more square footage there is, the more it will cost to rebuild if disaster strikes. Any upgrades you’ve made that boost your property value will increase your home’s replacement costs, and in turn, cause your rates to rise.

3. High-Risk Features

Certain features put you at a higher risk for filing a claim, and you can expect to pay more for coverage. Having a swimming pool, hot tub, or trampoline on your premises will raise your liability risk, causing your insurance premiums to go up. These types of features are considered attractive nuisances, and they present potentially dangerous situations where someone visiting or trespassing on your property could get injured.


Whether you’re buying homeowners insurance for the first time or renewing a policy you currently have, turn to Russell Insurance Agency for help securing the best available rate on coverage. They’ve remained committed to providing residents throughout the Lower Alabama communities with reliable and affordable products for more than 20 years. With their assistance, you can confidently put together a comprehensive plan that offers maximum protection for your investment. Call (251) 947-3607 today to schedule an appointment, or visit them online to request a quote.

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