As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.
3+ years experience in insurance and personal finance editing
NPN: 20564519
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
University of Chicago graduate with statistics degree
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
Save up to $1,025† by comparing quotes from the top 120+ insurance companies
Excellent
Secure. Free. Easy-to-use.
Advertiser Disclosure
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
The average cost of Arizona home insurance is $1,977 per year for a policy with a $1,000 deductible and $300,000 in dwelling coverage. One of the main concerns for Arizona homeowners is wildfires. Compared to other U.S. states, Arizona has the fifth-most housing units at risk for extreme wildfires, with nearly 122,000 homes at risk. This makes finding home insurance in Arizona important.[1]
Always compare home insurance quotes from at least three insurance companies before buying a policy. Here’s what you need to know about finding coverage in Arizona.
Quick Facts
Armed Forces Insurance Exchange, American Family, State Farm, and Travelers are some of the cheapest home insurance companies in Arizona.
You’ll pay more for coverage if you have a lower deductible. Arizona homeowners with $300,000 in dwelling coverage and a $500 deductible pay $2,175 annually.
Basic home insurance in Arizona typically covers wildfire damage, though insurers may exclude this coverage if you live in a high-risk zone.
Best home insurance companies in Arizona
You have many excellent choices for home insurance in Arizona, but the best choice for you won’t always be the cheapest option. Look for insurers that combine affordability with thorough coverage and reliable service. You want an insurer that you can fully trust to protect your personal property, not just the one with the lowest rates.
Check out these insurers to start your search — each is the best insurer for a specific category in Arizona. The average annual premiums below reflect costs for a $300,000 dwelling coverage policy with a $1,000 deductible.
Insurance Company
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
Average Annual Premium
Best For
Armed Forces Insurance Exchange
N/A
$928
Cheapest rates
State Farm
4.1
$1,392
Customer service
Travelers
3.9
$1,392
Discounts
American Family
4.3
$1,347
Young homeowners
Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.
We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.
Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.
Cheapest rates: Armed Forces Insurance Exchange
Armed Forces Insurance Exchange has the cheapest homeowners insurance rates by far in Arizona, and it offers reliable and extensive coverage. The company sells coverage only for military members and their families. Arizona has one of the highest populations of veterans in the country, with more than 465,000 veterans.[2]
Pros
Numerous add-on coverages
Cheap rates
Cons
Only available to active military, veterans, and their families
Poor AM Best financial strength rating of B (Good)
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
8.2/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
643
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$121/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$162/mo
State Farm is the best insurance company for customer service in Arizona. It also offers excellent coverage, but it’s not quite as affordable as its competitors. It has a below-average number of complaints on the National Association of Insurance Commissioners (NAIC) National Complaint Index, making it a great option for Arizona residents looking for reliable coverage and steady customer service after a severe incident.
Pros
High ranking in J.D. Power’s 2023 U.S. Home Insurance Study
Large network of local agents
Cons
Not as affordable as other Arizona insurers
Offers fewer discounts than other insurance companies
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
7.8/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
609
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$124/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$208/mo
Travelers is the best insurer for discounts in Arizona. It offers a variety of discounts to make home insurance more affordable for savvy homeowners. Some discounts Travelers offers include homebuyer, loss-free, green home, protective device, and multi-policy discounts. It’s an excellent insurer for involved homeowners ready to go the extra mile to save money.
Pros
Numerous discounts
Affordable rates
Cons
Higher-than-average number of complaints on the NAIC National Complaint Index
Lower Insurify Quality (IQ) Score than some competitors
Best insurer for young homeowners: American Family
young homeownersAmerican Family
Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
8.6/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
638
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$102/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$138/mo
American Family is the best insurer for young homeowners in Arizona. The company offers numerous insurance products and bundling options for homeowners. The insurer also earned an A (Excellent) financial strength rating from AM Best. Young homeowners in Arizona can secure reliable and affordable coverage for their homes, cars, pets, and more all through American Family.
Pros
Generational discounts for homeowners whose parents have American Family
Fewer-than-average complaints on the NAIC National Complaint Index
Cons
Restricts liability coverage for owners of certain dog breeds
Android app users have cited issues in online reviews
Find Cheap Home Insurance in Arizona
Check quotes from 120+ top insurance companies
Secure. Free. Easy-to-use.
Based on 7,669+ reviews
4.8/5
Cheapest home insurance in Arizona
USAA offers the cheapest home insurance in Arizona, with an average monthly rate of only $98.
Take a look at some of the other cheap home insurance companies in Arizona in the table below. The average premiums reflect costs for a $300,000 dwelling policy with a $1,000 deductible.
The below rates are estimated rates current as of: Tuesday, August 19 at 12:00 PM PDT.
The average cost of homeowners insurance in Arizona is $2,175 per year for a $500 deductible policy with dwelling coverage of $300,000. But your rate depends on your location, how much coverage you need, and the insurance company you choose. The higher your coverage limits are, the higher your premiums will be.
Other factors that can affect your premium include your home’s size, age, local building costs, your policy’s deductible, your ZIP code, and even your credit history. It’s essential to compare home insurance quotes from multiple companies before buying a policy.
Cost of homeowners insurance by dwelling coverage amount
The factor that most significantly sways how much you pay for home insurance is your dwelling coverage amount. Dwelling coverage is the most important part of your home insurance policy, covering property damage in the event of a covered loss, such as a wildfire. The higher your dwelling coverage limit is, the higher your premium will be.
Take a look at how much your average annual premium can increase when you choose higher dwelling coverage limits for your home. The average monthly premiums below are for policies with a $1,000 deductible.
The below rates are estimated rates current as of: Tuesday, August 19 at 12:00 PM PDT.
Your home insurance deductible is the amount you need to pay out of pocket for a claim before your homeowners insurance coverage kicks in. Home insurance deductibles typically range between $500 and $2,000. Your deductible will also affect your premium. The lower your deductible is, the higher your premium will be.
See how your premium for a policy with $300,000 in dwelling coverage can vary based on your deductible below.
Deductible Amount
Average Annual Premium
$500
$2,175
$1,000
$1,977
How to get cheap homeowners insurance in Arizona
You can secure cheap homeowners insurance in Arizona in various ways, including:
Compare home insurance quotes. Comparing quotes from multiple companies is the best way to save money on home insurance. Insurers weigh various rating factors differently, so you should compare quotes from at least three different companies to find the best coverage for your specific situation.
Apply for discounts. Discounts are a great way to save money on home insurance. Almost all insurers offer a wide variety of home insurance discounts. Just ask for the information. Bundling your auto insurance with your home insurance is a common discount that can save you hundreds.
Increase your deductible. Increasing your deductible will automatically lower your premiums, but you’ll have to pay more out of pocket if there’s a claim. Make sure you can afford to pay your new, higher deductible before increasing it.
Improve your credit. Improving your credit can reduce your home insurance premiums. Insurers consider your credit history when determining premiums. A higher credit score indicates a smaller likelihood of filing a claim, so you’ll pay lower premiums than homeowners with bad credit.
How much homeowners insurance do you need in Arizona?
Though you don’t legally need to carry homeowners insurance in Arizona, it’s a good idea to purchase it. Home repair and replacement expenses can be very costly for homeowners without help from an insurer. Also, if you have to take out a mortgage on your home, your mortgage lender will require you to carry home insurance.
The 80/20 rule is a good guideline to follow for home insurance coverage. You should carry coverage equal to or greater than 80% of your home’s replacement cost.[3] No matter how much dwelling coverage you choose, it’s important to know what your home insurance policy covers.
Shop for Arizona Home Insurance
Insurify partners with 120+ top insurers for real-time quotes
Secure. Free. Easy-to-use.
Based on 7,669+ reviews
4.8/5
What are some of the biggest risks when owning a home in Arizona?
Owning a home in Arizona comes with a few key risks that homeowners should be aware of:
Extreme heat
Arizona is a desert state that naturally experiences extreme heat. Having air conditioning in your home is essential. It’s also worth considering a backup generator to keep you cool if you lose power.
Wildfires
Arizona experienced 1,432 wildfires in 2022, which burned 124,165 acres.[1] Homeowners should make sure their home insurance includes coverage for wildfire damage.
Floods
Though you may not think of Arizona as prone to flooding, regional and flash floods do still occur in the state. Basic home insurance doesn’t cover flood damage, so you may need to purchase additional flood coverage either from your home insurance company or through the National Flood Insurance Program (NFIP).
Arizona homeowners insurance FAQs
The following information can help answer your remaining questions about finding cheap home insurance in Arizona.
How much is home insurance in Arizona?
The average cost of home insurance in Arizona for $300,000 in dwelling coverage with a $1,000 deductible is $1,977 per year. For the same coverage with a $500 deductible, the average cost of coverage is $2,175 annually. If you live in an area where you need a separate flood insurance policy, you’ll need to pay another premium.
Which company has the cheapest homeowners insurance in Arizona?
USAA has the cheapest homeowners coverage in Arizona, with an average monthly cost of $98. American Family, State Farm, and Travelers also sell cheap home insurance.
Does Arizona require homeowners insurance?
No. Arizona state law doesn’t require homeowners to purchase home insurance, but your mortgage company will require it if you have a mortgage. Even if you don’t need home insurance because of a mortgage, you should buy coverage to protect your finances in the event of damage to your home. Coverage can also protect you if someone incurs an injury on your property.
What is the most common homeowners insurance policy type?
An HO-3 (special form) policy is the most common homeowners insurance policy type. This policy type provides more protection by covering more perils. It includes dwelling and other structures coverage for perils not specifically excluded.
Methodology
Insurify data scientists analyzed rates from more than 180 home insurance companies sourced directly from Insurify’s partner companies and Quadrant Information Services. Rates span all 50 states and Washington, D.C., and quote averages represent the mean price for a given coverage level and geographic area. To ensure data reliability, only insurers meeting minimum quote thresholds were included in the analysis.
Unless otherwise specified, quoted rates reflect the average cost for homeowners with no prior claims and good credit with a home construction year of 1980. The default coverage assumptions include:
Default Coverage Assumptions
Dwelling coverage: $300,000
Deductible: $1,000
Personal property limit: $25,000
Liability limit: $300,000
Additional data points beyond these default values are sourced from Insurify’s proprietary database. Rates are updated monthly.
Danny is a Brooklyn-based writer with a producer’s license for property and casualty insurance. A former editor at Insurify, he specializes in auto, home, and pet insurance. He works to translate his insurance expertise into digestible, easy-to-understand content for drivers, homeowners, and pet owners alike.
Danny has been a contributor at Insurify since March 2022.
3+ years experience in insurance and personal finance editing
NPN: 20564519
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
University of Chicago graduate with statistics degree
Chase spearheads analytics for Insurify’s data insights team. With his deep expertise in insurance data, Chase is often interviewed on industry trends.
)
)
){kind=small}
)
)
){kind=small}
)
)
){kind=logo}
){kind=small}
){kind=small}
)
)
){kind=small}
){kind=small}
State Farm
Travelers
American Family
)
)
)
)
)
)
)
)
