According to 2021 rates, the average cost of homeowners insurance in Arizona is $1355 per year and $113 per month. Arizona homeowners insurance rates are 43 per year less then the national average and about 3% less annually. When compared to the other US states that makes the cost of homeowners insurance in Arizona the 20th most expensive in the country, based on 2021 data.
For shoppers, the best way to find a homeowners insurance policy in Arizona is to evaluate all of the quotes from individual insurance providers and then decide on the policy that fits your requirements and budget level. Fortunately finding the right homeowners insurance coverage is easy with a tool like Insurify.
Insurify provides easy and fast home insurance quote comparisons for all kinds of homeowners nationwide. Insurify has helped thousands of customers receive accurate homeowners quotes for your property in Arizona in minutes.
|Average Cost Per Month||$113|
|Average Annual Premium||$1355|
|State Rank (Most Expensive)||20th|
For homeowners in Arizona, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for your home.
To simplify comparing companies, Insurify has analyzed rates from top insurance providers in Arizona. The following are the best insurance rates from carriers that offer homeowners insurance in Arizona.
Purchasing a home will be one of the largest financial investments of your lifetime. With that investment, inevitably, comes risk. However, there are steps homeowners can take to minimize risk and protect their investment, including finding the right home insurance policy.
The first step to protecting your property is homeowners insurance. Though not required by law, home insurance provides financial liability for your property and belongings from natural disasters or theft. Different coverage levels are available for different property types, locations, and other factors.
Homeowners insurance rates aren’t designed with savings in mind. That’s where Insurify comes in.
The price of homeowners insurance varies greatly from city to city. The following quotes are general estimates of annual home insurance premiums throughout Arizona, insurance companies offer different coverage levels and some even offer bundling options for your home and auto insurance.
Average prices for standard homeowners insurance for a 7-15 year old home, $200,000 in coverage
As of 2021, the average home insurance premium in Arizona costs $1,803 annually—far more than the national average. The median Arizona home is valued at $299,900.
Rates throughout Arizona can be relatively high or low compared to the state average—it all depends on which town you live in. Here are the most and least expensive ZIP codes in Arizona to buy and insure a home. Average rates within these ZIP codes tend to increase relative to property cost. In wildfire- or earthquake-prone areas, rates are often higher.
There are several types of home insurance. Specific terms of insurance policies may vary by state, but in general, the standard policy types are as follows:
HO-7 type coverage is the best option for mobile homeowners. Even though home insurance is not mandatory in Arizona, mortgage lenders will require some sort of proof of insurance as a prerequisite to a loan.
Similar to traditional home insurance, mobile home insurance protects your investment from a plethora of risks, including dwelling coverage, personal property, and liability protection in case of an accident or natural disaster. Mobile home coverage levels can be higher than those of a traditional home, likely because mobile homes are more susceptible to storm damage. Depending on the level of coverage you choose when insuring your mobile home, your annual premiums may fluctuate.
As Arizona residents know all too well, natural disasters can be catastrophic to property and livelihoods. In Arizona, especially, homeowners and renters alike face increased flash floods, landslides, and earthquakes each season.
What’s covered and what’s not when it comes to homeowners policies and natural disasters in Arizona? Damage due to uncontrollable circumstances may still be covered—your level of coverage will determine how much your property is actually protected through your policy.
With such risk, home insurance providers often charge higher premiums to cover potential disasters like wildfires. That being said, with the right tools, you may still be able to find competitive home insurance rates in your area. To choose from the best homeowners insurance companies, use Insurify to compare home insurance quotes all in one place.
Unique elements of your home may affect homeowners insurance prices. Check out these quotes for some special situations that may impact your home insurance in Arizona.
If your home is within a certain distance from a fire department or fire hydrant your rates may decrease. The same applies for the opposite. If your home is far from fire safety, you may pay more for homeowners insurance.
Swimming pools fall under a category called attractive nuisances. Sure, they offer a fun way to cool off during warm summer months, but they also pose a major injury risk. For that reason, having a swimming pool in your yard could increase rates.
Just like groceries or clothes shopping, you can find a good bargain on home insurance, without sacrificing sufficient coverage to protect your investment. Protect your home from water damage to burglars and everything in between. With a little research and the right tools, you’ll be on your way to big savings.
Use Insurify to compare free quotes for home insurance premiums for your property in Arizona.
Arizona homeowners may find themselves paying higher home insurance premiums due to the increased commonality of natural disasters involving intense weather with high winds and flood risk. Arizona homeowners, especially those flood-prone areas and along the coastline, may have higher-than-average home insurance premiums. When insurance companies take on increased risk, as they do in disaster-prone areas of Arizona, they increase their chances of having to pay out customers when disaster strikes. There are ways, though, that you can cut home insurance costs, even if you live on the water. Use Insurify to compare premiums in your area.
Yes, USAA insures home in Arizona. However, policyholders must be active military members, veterans, or the family members of those in the armed forces.
Short answer: it depends. Of course, in times of crisis, like wildfires or earthquakes, many of your neighbors will also be filing claims with their insurance companies, crowding the systems, and slowing down the claims process. The amount of time it takes to file a claim in Arizona will vary from case to case. To find the best home insurance companies in your area, use Insurify to compare reviews and quotes.
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.