Homeowners Insurance in Foley, Alabama (2025)

Foley is a small, historic town on the Gulf Coast of Alabama. Its long summers, lively shopping, and great location have begun to attract many to the area. It’s one of the fastest-growing cities in the fastest-growing county in the state.

As people buy and build homes in Foley, they’ll need a way to protect their investment in their new properties. Homeowners insurance is a must-have.

Below, we’ve broken down what you should know about home insurance in Foley so you can make a well-informed decision on coverage.

The average cost of homeowners insurance in Foley, Alabama, is about $3,017 annually, which is nearly 47% higher than the statewide average premium of $2,058 yearly. Foley’s location on the Gulf Coast likely increases home insurance prices for residents. 

Before we get into the variables, take a look at some average homeowners insurance costs in Foley overall:

Since Foley is near the coast, homes can bear the brunt of hurricane damage. Luckily, qualified homeowners may be eligible for a state-funded program that provides financial assistance for fortifying roofs against weather damage. 

One of the most significant factors in determining home insurance premiums is the value of your home. Generally, the larger and more expensive your home is, the more insurance you need to cover it. A more extensive insurance policy is going to cost more money.

In a coastal city like Foley, another essential consideration for insurance companies is the possibility of wind damage from storms, namely hurricanes. Possibly due to its storm risk in tandem with other factors, many homeowners have struggled to find affordable policies in Foley, with some even struggling to find a policy at all. 

This elevated risk of damage is why many southern states, like Alabama, have legislation that requires insurers to discount premiums of policyholders who have taken proven measures to reduce wind damage on their homes.

These policyholders have done wind mitigation. This consists of having hurricane-proof windows and doors, verifying your roof is attached to your home in a certain way, and more. Look below at the effects of wind mitigation and home value on insurance rates in Foley:

It’s difficult to recommend an outright best homeowners insurance company in Foley because every policyholder has different coverage needs and budgetary constraints. State Farm, Allfa, and Allstate are the largest home insurers in Alabama, but over 140 carriers were included in the state’s annual market share report of writing companies, so there are plenty to choose from.

The best carrier for you is the one that covers all your specific needs at the right price. You should shop for home insurance to find out which insurer caters to your needs best. It’s wise to quote from large, well-known insurers in addition to smaller, regional providers to note differences in price, customer service, and other aspects thay may appeal to you.

Yes, there are independent insurance agents in Foley. The task of comparing policies is easier said than done, which is why insurance agents exist. An agent will work with you to understand what you need and then use their knowledge and connections to insurance providers to find the best policy for you. Agents will also help you maintain your policy sufficiently and can help with claims if needed.

Clovered is an independent insurance agency that would love to help you find an insurance policy in Foley. We partner with several of the nation’s top insurers, and we have helped thousands in the US find coverage. You can compare quotes online with our quoting tool, or you can always chat with one of our team members by calling 833-255-4117 during business hours.

Homeowners insurance policies start with several standard coverages and become more subjective as policyholders alter coverage amounts and add endorsements. Let’s take a look at the standard coverages available on homeowners insurance policies in Foley.

While home insurance defends against many threats to your home, one significant hazard isn’t included in policies: floods. Floods are the most common and the most costly natural disaster. You’d need flood insurance to safeguard your home and belongings against them.

The risk of coastal flooding in the form of a storm surge is a risk in Foley. Some areas can also experience flood damage from heavy rains. The national government maintains flood maps for the country that determine the risk of flooding in areas nationwide. In Foley, for instance, some areas along Wolf Creek and the Magnolia River have been deemed special flood hazard areas.

Special flood hazard areas are high-risk flood zones. Homeowners in SFHA’s are required to get flood insurance by their mortgage lenders. Even if you’re not in a flood zone, getting flood insurance isn’t a bad idea. The National Flood Insurance Program, the country’s largest flood insurer, reports that over 25% of its flood claims come from properties outside of SFHAs.

Clovered can help you find flood insurance. We partner with the NFIP and several other flood insurance companies to give you options for the right flood coverage. Our quote form is simple. It should only take a few minutes to fill out with some basic information, and once you submit it, one of our agents will get back to you as soon as possible.

Here are a few more factors that affect home insurance rates in addition to the ones we’ve already mentioned: 

Claims history: if you’ve filed several home insurance claims in the past 3-5 years, you may pay more for insurance. An insurance company believes that someone who has filed claims in the past is more likely to file claims in the future, which would cost the provider money. To offset this potential financial risk, insurers may raise your rates.

Attractive nuisances: certain features that can raise your home value can also increase your risk level to an insurance company. These features are called attractive nuisances. For example, a pool raises the liability risk of your property, and you may pay more for coverage on your house if you have one.

Certain dog breeds: owning certain historically aggressive or dangerous dog breeds can be a red flag to some insurance companies. They may deny you coverage altogether or charge you higher rates for coverage to offset the increased risk.

Getting homeowners insurance is crucial, especially if you have a mortgage. If you don’t decide on coverage on your own, your lender will force-place insurance on you. Force-placed insurance usually offers poor coverage at high rates.

To make the best decision on a homeowners insurance policy, you should compare quotes from multiple providers. Our team at Clovered can help. Whether you use our online quoting tool, call us, or email us, we’d love to help you find coverage in Foley.