Find the Best Homeowners Insurance Rates and Companies in Arizona

The median home price in Arizona is nearly $400,000. If you own a home in Arizona, chances are your home is your most important asset. You’ll want to protect it from threats like fire, theft, vandalism, and severe weather. What’s more, you’ll want to protect your assets from the costs of lawsuits if you are sued for something that happens on your property. You can do this with homeowners insurance in Arizona.

An independent insurance agent can help you find the best home insurance in Arizona. Independent agents can help you get quotes from multiple insurance companies so that you can make the best choice for your needs and budget. 

Best Homeowners Insurance Companies in Arizona

Several insurance companies in Arizona offer home, car, and business insurance. The following are some of the best homeowners insurance companies in Arizona. They are highly rated for their mix of valuable coverage offerings and competitive pricing. 

  • Travelers
    • Travelers offers highly-rated homeowners insurance in Arizona. It can meet your additional personal insurance needs with a full line of products including auto, boat, identity theft, umbrella, and other coverages. 
  • Progressive
    • Progressive is based in Ohio but offers homeowners insurance across all 50 states, including Arizona. Arizona residents can look to Progressive for most of their personal insurance needs. 
  • West Bend
    • West Bend is a relationship-based company with core values that emphasize excellence, integrity, and responsibility. The company offers highly-rated homeowners insurance and other personal insurance in Arizona. 
  • Nationwide
    • Nationwide provides homeowners insurance and other popular types of insurance coverage in Arizona. The company is headquartered in Columbus, OH, and is represented by independent insurance agents in 50 states, including Arizona. 
  • Safeco
    • Safeco has been protecting individuals and families since 1923. The company offers homeowners insurance in Arizona, as well as a comprehensive range of other personal insurance policies. Working through independent agents, Safeco makes it easy to get the best mix of coverage and pricing.

An independent insurance agent in your area can help you learn more about these and other AZ homeowners insurance companies. A local agent can help you get competitive quotes for the coverage that fits your Arizona insurance needs.

What Homeowners Insurance in Arizona Can Cover

Having homeowners insurance in Arizona is the smart way to protect yourself from the worst things that can happen. 

In Arizona, you face potential threats to your property all the time, including a variety of natural disasters. There have been 98 disasters declared in Arizona since 1953. If you live in Arizona, the most common disasters that threaten your home are: 

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

These and many other day-to-day events can damage your home or personal property. What’s more, if you own a dog or have a swimming pool, which is common in Arizona, you face an increased risk of lawsuits. But with homeowners insurance in Arizona, you’ll be prepared to tackle a lawsuit without losing everything. 

Homeowners insurance in Arizona covers a wide range of perils that could potentially damage your home, your belongings, or certain other structures on your property. Technically, if you don’t have a mortgage, you can go without homeowners insurance in Arizona. But that is not a great idea. If something happens to your home, like a fire, a tornado, a burst pipe, or a burglary, you’d have to pay for repairs and for replacing lost or damaged belongings on your own. 

A homeowners insurance policy typically categorizes coverage and coverage limits as follows. If you don’t have homeowners insurance, you put all of this at risk:

  • Dwelling coverageCovers your house and attached structures. It also covers items like plumbing, heating, permanently installed air-conditioning systems, and electrical wiring.
  • Other structures coverage: Protects other structures on the property such as detached garages, tool sheds, retaining walls, and so on. 
  • Personal property coverage: Protects the contents of your home and other personal belongings owned by you or family members who live with you. 
  • Loss of use coverageHelps you with additional living expenses if your home is damaged by a covered peril (e.g., a fire) and you cannot live in your home while repairs are being made. It typically covers expenses like housing, meals, storage, and more, as long as they are in line with your usual living expenses. 
  • Personal liability coverage: Provides coverage if you or a resident of your household is responsible for causing property damage or an injury to someone else. 

You can also customize your policy to cover other risks. You can add coverage for identity theft, sewer, and water backup, scheduled personal property, business property, and more. 

A local independent insurance agent can help you find homeowners insurance in Arizona. 

What Homeowners Insurance in Arizona Will Not Cover

Homeowners insurance in Arizona does not cover everything that can go wrong with your home or on your property. 

First, the liability coverage in your homeowners insurance policy has certain limitations. If you hurt someone because of an intentional act, your liability coverage will not cover you. You can find all the exclusions to your liability coverage in your policy documents.

Moreover, your property coverage will not cover every type of property damage you might encounter. Almost all homeowners insurance policies in AZ exclude coverage for property damage caused by the following:

  • Ordinance or law (e.g., demolition or construction required to bring your house up to code)
  • Earth movement (e.g., earthquakes, sinkholes, landslides)
  • Water damage due to floods, sewer backups, and water that seeps through the foundation
  • Power failure
  • Neglect
  • War
  • Nuclear hazard
  • Intentional acts
  • Governmental action (e.g., destruction, confiscation, or seizure of covered property by any governmental or public authority)
  • Loss to property resulting from faulty zoning, bad repair or workmanship, faulty construction materials, and defective maintenance

To avoid any surprises down the road, be sure to understand what your home insurance in Arizona does and does not cover when you decide to purchase a policy. 

Flood Damage in Arizona

Flooding can be a significant concern for many homeowners, but homeowners insurance in Arizona does not cover flood damage. 

Flooding can be a problem in some areas of Arizona. In fact, it is one of the top five risks for homeowners in the state. Some areas of the state will have a higher likelihood of flooding than others. 

It’s important to discuss your need for supplemental flood insurance with your independent insurance agent. 

If necessary, your agent can help you purchase flood insurance from the National Flood Insurance Program (NFIP), a program established by the federal government to help homeowners recover after a flood event.

Average Cost of Homeowners Insurance in Arizona

Arizona is the 46th most expensive state for homeowners insurance in the US. The average home insurance cost in Arizona is less than the national average. 

  • National average annual homeowners insurance premium: $1,211
  • Arizona average annual homeowners insurance premium: $825

Your home insurance rates in Arizona may be higher or lower than average, depending on your home’s unique characteristics (size, location, age, value, etc.) and other risk factors (crime rate, severe weather risk) in your neighborhood. 

Expect to pay more if your property's location has more weather or disaster hazards than most. You will also pay more if your home costs more to repair or rebuild than others, or if you live in a high-crime ZIP Code.

A local independent insurance agent can help you get home insurance quotes in Arizona. 

How well do Arizona's cities 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 $1,428 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
San Tan Valley$233,2002.14$714

Home Insurance in Arizona FAQ - Quick Answers

The national average homeowners insurance premium is $1,211. Arizona is ranked 46th in the nation for home insurance rates. That means that with an average annual premium of $825, homeowners insurance rates in Arizona are lower than those in most other states. Most homeowners will pay more or less than average, depending on the specific risk factors for their home and neighborhood. 

The main purpose of homeowners insurance is to cover property damage. Home insurance policies in Arizona will include dwelling coverage, other structures coverage, personal property coverage, and loss of use/additional living expenses coverage

Homeowners insurance in Arizona also includes homeowners liability coverage. It protects you when someone claims you have caused an injury or property damage. It covers the injured party's expenses (e.g., medical bills, property repairs) and your legal fees if you're sued. After a lawsuit, it can even cover financial settlements or court-ordered judgments.

You are not required to purchase homeowners insurance in Arizona, but it’s important to understand that your mortgage lender will require you to have homeowners insurance and will require proof that you have it. With over $757 million home insurance claims paid in Arizona in one year alone, proper home insurance protection is necessary to avoid major loss. 

Homeowners insurance costs in Arizona are not one-size-fits-all. Insurance companies calculate your rates by looking at your home, the risk factors for your neighborhood, and your specific coverage needs. 

If, for example, you live in a ZIP Code with a high crime rate or one that is highly susceptible to natural disasters, you can expect to pay more than someone living in a safer area. If your home or neighborhood has a prior history of wildfires (there are 67 per year in Arizona) or tornadoes (5 per year in Arizona), you’d likely pay more than someone who lives in an area where these events happen less frequently or not at all. 

You have a lot of options for your homeowners insurance policy in Arizona. The best home insurance companies in Arizona are Travelers, Progressive, Nationwide, West Bend, and Safeco. These companies are highly rated for their mix of valuable coverage offerings and competitive pricing. 

In Arizona, the most common reported disasters that can damage your home and impact your home insurance premiums are as follows:

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

Searching for the best and most affordable homeowners insurance in Arizona can be frustrating and confusing. That’s why it pays to have an experienced insurance professional in your corner.

Instead of getting an online quote, find an independent insurance agent in Arizona now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice. 

Contact an agent today for a free, no-obligation consultation. 

Do You Know What Your Arizona Home Insurance Covers?

Average Cost of Home Insurance Near You

The average monthly cost of homeowners insurance in Chandler, AZ is $83.

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.

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. 

The average monthly cost of home insurance in Mesa, AZ is $63.

Of course, what you may 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. 

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. 

The average monthly cost of home insurance in Phoenix, AZ is $72.

Homeowners insurance rates in Phoenix 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 where your property is located.

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.

The average monthly cost of home insurance in Scottsdale, AZ is $183.

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.

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. 

The average monthly cost of home insurance in Tucson, AZ is $55.

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. 

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).