Arizona Home Insurance Questions Answered

Arizona is ranked 4th in the country for the least expensive homeowners insurance rates. That means if you live in Arizona, you'll pay less for home coverage than most other states in the country. The average homeowners policy costs roughly $825 annually, beating the national average of $1,211 per year. 

Home insurance comes with standard coverages on every policy. It will have specific amounts based on your individual information for dwelling value, other structures, personal property, medical payments to others, personal liability, and additional living expenses. The limits will be determined by your risk factors. 

In Arizona, you won't be mandated to carry home insurance by the state. However, even though the law doesn't require coverage, a mortgage or lender will. With Arizona having 757,869,000 home insurance claims paid in one year alone, proper protection is necessary to avoid major loss. 

Arizona home policy rates are calculated by insurance companies using personal and outside information. Two of the most vital factors that determine your pricing are the value of your home and previous damage you may have reported, like fire damage (67/per year) or tornado damage (5/per year).  Both of these items are specific to you and your property, which makes every premium different. Other elements like local catastrophes and crime are also used.    

Your Arizona home insurance will have numerous policy options. The best carriers will be determined state by state. In Arizona, Nationwide, Travelers, Safeco, and State Auto insurance companies provide the most value for your area. They rank high because they are highly rated and have competitive pricing across the board.

In Arizona, the most reported disasters that can impact your home and insurance premiums are listed below:

  • Wildfires and residential fires
  • Flooding and water damage
  • Severe storms and lightning damage
  • Burglary and other property crimes
  • Hurricanes and tropical storms

Do You Know What Your Arizona Home Insurance Covers?

Find the Best Homeowners Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,211 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
San Tan Valley$233,2002.14$714
  1. $72
  2. Phoenix, AZ Monthly average home insurance cost
  3. The average monthly cost of home insurance in Phoenix is $72.
  4. Homeowners insurance rates in can vary from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home, the materials used in its construction, and the crime rate and weather risks in the ZIP code in which your property is located.
  5. One of the most common hazards faced by homeowners in Phoenix is property crimes. With more than 10,000 burglaries reported every year, this city has one of the highest burglary rates in the state. Fortunately, your homeowners insurance covers against property loss and damage to your home if you are the victim of a property crime. 

  1. $55
  2. Tucson, AZ Monthly average home insurance cost
  3. The average monthly cost of home insurance in Tucson is $55.
  4. Tucson has an abundance of affordable housing and this helps to keep the average insurance cost low. Insurance companies consider your home’s size, value, location, and other factors when they calculate your rates. 
  5. This city sometimes sees torrential downpours, particularly during monsoon season. However, it is important to be aware that while homeowners insurance covers damage caused by heavy winds, lightning strikes, and rain falling onto your house, it does not cover against the flood damage that often accompanies these storms. Because many Tucson residents are in danger of experiencing large financial losses due to flooding, it is important to supplement your homeowners insurance with a flood insurance policy through the National Flood Insurance Program (NFIP). 

  1. $63
  2. Mesa, AZ Monthly average home insurance cost
  3. The average monthly cost of home insurance in Mesa is $63.
  4. Of course, what you may be actually be asked to pay is likely to differ from this amount, because rates are based on specific details about your property. Your rate will be calculated according to factors like the size and age of your house, the materials used in its construction, the crime rate and weather risks in your ZIP code, your claims history, and sometimes even your credit score. 
  5. Windstorms can be destructive in Mesa. In August 2020, a powerful windstorm brought dust, lightning, and rain to the area. This storm caused numerous power outages and uprooted trees, and many residents saw damage to their homes and property. Fortunately, homeowners insurance can provide the funds necessary to repair or replace damaged property following a windstorm. 

  1. $83
  2. Chandler, AZ Monthly average home insurance cost
  3. The average monthly cost of homeowners insurance in Chandler is $83.
  4. Your house is not the same as every other house in your neighborhood. While you and your neighbors may face the same crime and weather risks, your homeowners insurance premium is also based on factors like the size, age, and value of your home, the number of people living in it, the amount of liability coverage you want, and the size of your deductible. Your quoted rate for Chandler homeowners insurance may therefore be higher or lower than this average.
  5. One of the most devastating things a homeowner can experience is a house fire. In addition to damaging the structure of your house, a fire can lead to the total loss of your personal belongings. Homeowners insurance can’t bring back your irreplaceable property, but it can give you peace of mind through financial compensation. You will want to be sure that your dwelling coverage is high enough to enable you to rebuild a home of comparable size and that your contents coverage is high enough to cover the cost of replacing your lost or damaged property. 

  1. $183
  2. Scottsdale, AZ Monthly average home insurance cost
  3. The average monthly cost of home insurance in Scottsdale is $183.
  4. Of course, not all Scottsdale homeowners will pay the same for their home insurance. Your monthly rate is based on the crime and weather risks in your ZIP code, the age, size and value of your home, the building materials used in your house’s construction, the amount of coverage you want, your claims history, and more.
  5. Hailstorms in the Scottsdale area have the potential to cause significant damage to local homes. Hailstones that exceed one inch in diameter can damage roofs, gutters, siding, windows, and peripheral property like garages and sheds. Fortunately, damage caused by hailstones is covered by homeowners insurance.