Phoenix Insurance Rates:

Phoenix, AZ home insurance is roughly $526 to $711, about $43-$59/month. Our comprehensive research reveals consumers can save as much as $247 by getting multiple quotes

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Phoenix Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $40/2 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $90,000

2 Beds, 2 Bath 930 sqft Seasonal Residence Constructed In 1997 with Carpet over wood flooring, Shingles Roof, Slab Foundation, Stucco siding, Brick Frame. Home Features Include Deadbolt Locks, Central Air Conditioning, Swimming Pool, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

52 Years old Married Male who is a Freelancer with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $590/7 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $335,000

5 Beds, 5 Bath 3140 sqft Seasonal Residence Constructed In 2011 with Wood Flooring, Composition Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

67 Years old Married Female who is a Freelancer with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $680/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $470,000

5 Beds, 5 Baths 4600 sqft Seasonal Residence Constructed In 2011 with Linoleum, Tile Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

23 Years old Married Male who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $270/10 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $215,000

3 Beds, 3 Bath 1880 sqft Rental Property Constructed In 2003 with Stone Flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Swimming Pool, Indoor Sprinklers, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

72 Years old Married Male who is Retired and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $40/1 month for $125,000-$150,000 Coverage
Policy Holder Home Details :

Home Value : $165,000

2 Beds, 2 Bath 1124 sqft Primary Residence Constructed In 2005 with Ceramic Tile Flooring, Composition Roof, Slab Foundation, Stone Siding, Wood Frame. Home Features Include Copper Water Pipes, Swimming Pool, Fire Extinguisher, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

52 Years old Single Female who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $120/1 month for $700,000 Coverage
Big house built in 1980 with 7 Large Rooms and 2 Full Bath, Hardwood floors, 3 Bedroom with Jacuzzi, Stainless steal appliances. 2 Bedrooms each separate entrance. There is a Parking lot to the left of the House . the property is over 1/3 of an Acre.
Big family with parents staying with us. 2 dogs. Great credit. Old home. 75% through our mortgage.
Home Insurance Rate of $51/1 month for $200,000 Coverage
Our house is worth about $200,000 & is about 5KMs from the fire station & with the latest home security systems for protection.
We have almost paid down the value of our house & we should be done in a few years

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Phoenix Rates & Quotes Analysis:

Phoenix Area Estimated House Insurance
W Signal Butte Cir, S Rico Cir, E 3rd Dr, S Sarnac, E Doris St, N 13th Way, E Graythorn Way, N Hillridge, E Cactus Wren Dr, S Hall Cir$673
S 166th Dr, N Forest Ave, E Todd Dr, S 111th Pl, E Myrtle St, E Savannah Dr, N Granite Pointe, S Playa, N Horseshoe Ln, N Desert Ave$705
N Gardens, W Hansan Dr, 120th Ave, Tara Ln, W Quail Creek, N Desert Flower Dr, S Obispo Ave, E Shadow Rock Rd, E Cll Redonda, E Mc Kellips St$623
E Brentrup Dr, N 172nd Ln, W Emelita, S 104th St, N 56th Way, 112th Ave, E Ranch Circle Dr N, N 62nd, S 79th Ave, E Clubhouse Dr$626
400 W, S 158th Dr, N Gallatin, W Mediterranean Dr, E Valley View Dr, W Frito Ave, W South Fork Dr, E Cowan Cir, W Duluth Ave, W Elm Way$593
S Hunt Dr, W San Pedro St, W Chilton Ave, S Daley, N Mountview Rd, E Royal View Dr N, N Arden Cir, S 86th Ave, N 76th Cir, S Lewis$715
W Apollo Ave, S Almar Cir, W Palm Ridge Dr, N 11th Way, N Buckaroo Ln, S 21st Dr, S 45th Ave, S 101st St, E Boulder Dr, E Powderhorn Dr$625
S Revolta Cir, Lincoln Dr, Northern Ave, N Martingale Rd, W Kumquat Ct, S 72nd Dr, W Erie Dr, E Thunderbird Trl, E Joan D Arc Ave, N Morris$603
E Laguna Dr, E Venue St, W Taro Dr, E Floriade Dr, W Picerne Dr, W Pineaire Dr, N Bonow Dr, N 171st Ave, S 22nd Dr, E Sheridan Ave$580
W Willowbrook Dr, S 74th Ln, N Bluejay Dr, S Sierra Heights Cir, S 113th Way, N Forest, E Shoeman Ln, S Westcourt Way, N Via Serena Cir, W Shangri la Ave$593

Insurance rates are influenced by a number of factors including:

  • Year Built: 239,621 Homes (18% of total) built between 1990 to 1999 in Phoenix are paying home insurance between $893-$902 in contrast with Paradise Valley (+$349), Tempe (+$16), Scottsdale (+$94), Guadalupe (-$35) and Tolleson (-$29).
  • Bedrooms: 362,592 2 bedrooms homes (28% of total homes ) in Phoenix are paying about $335 in contrast with Paradise Valley (+$130), Tempe (+$6), Scottsdale (+$35), Glendale (-$3) and Guadalupe (-$13).
  • Auto Insurance Bundling: 289,537 Households (43% of all households) in Phoenix have 2 vehicles available and when it is bundled with home insurance you can save $123 and varies from Paradise Valley ($172), Glendale ($122), Tempe ($126).
  • Senior Discounts: 310,014 seniors (more than 55 years) occupied housing units (46% of total) in Phoenix get discounts between $92 to $94 and varies from Paradise Valley ($129), Glendale ($92), Tempe ($94).
  • New Homes discounts: New homes such as the 579,962 homes built between 2000 to 2009 in Phoenix can save $123 and similar new home insurance discounts in nearby towns and cities like Paradise Valley, Glendale and Tempe are $172, $122 and $126 respectively.

Phoenix Homeowners insurance Facts

  • Phoenix, AZ has 665,166 owner occupied houses which is 60.5% of all units whereas Paradise Valley, Glendale and Tempe have 95.77%, 59.81% and 45.59% respectively.
  • Phoenix, AZ homeowners yearly insurance price at $619 is 0.35% of the typical house value of $174,400 which is in contrast with 0.09% in Paradise Valley, 0.38% at Glendale & 0.29% in Tempe.
  • Homeowners in Phoenix, AZ pay 0.83% of their income ($75,000 or more) in insurance whereas homeowners in Paradise Valley, Glendale and Tempe pay 1.15%, 0.82% and 0.84% respectively.
  • Phoenix, AZ’s insurance is 3.4% of monthly housing costs of $1,523/month, for owners with a mortgage compared to 1.79% in Paradise Valley, 3.51% at Glendale & 3.39% in Tempe. But, for households without a mortgage, insurance is 12.3% of costs ($419 in Phoenix, AZ) in contrast with 7.17% in Paradise Valley, 12.01% at Glendale & 12.15% in Tempe.

Phoenix, AZ Home Values & Insurance rates

For example, insurance for 23,760 Homes (4.0% of total homes ) valued between $80,000 to $89,999 in Phoenix, AZ is about $297. Rates in nearby areas in such as Paradise Valley, Tempe, Fountain Hills are cheaper by $229, $52, $143 respectively while Glendale and Guadalupe are costlier by $22 and $232 respectively for similar homes.

Phoenix, AZ Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 55,611 9.0% $86
$50,000 to $59,999 12,865 2.0% $185
$60,000 to $69,999 16,032 2.0% $229
$70,000 to $79,999 18,098 3.0% $266
$80,000 to $89,999 23,760 4.0% $297
$90,000 to $99,999 21,584 3.0% $334
$100,000 to $124,999 64,502 11.0% $389
$125,000 to $149,999 53,304 9.0% $482
$150,000 to $174,999 68,503 11.0% $575
$175,000 to $199,999 47,342 8.0% $662
$200,000 to $249,999 77,493 13.0% $798
$250,000 to $299,999 54,452 9.0% $971
$300,000 to $399,999 60,764 10.0% $1238

Renters Insurance in Phoenix

  • Average Renters Insurance in Phoenix :  $219($18/month)

  • Median Gross Rent in Phoenix :  $910

  • Phoenix Renters Insurance to Median Rent Ratio:  1.98%

  • Average household size of renter-occupied unit :  2.67

Phoenix Renters Insurance as a Percentage of Rent

Phoenix Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 4,653 1.0% $804
$300 to $499 18,042 4.0% $1254
$500 to $749 102,640 24.0% $1929
$750 to $999 120,983 28.0% $2679
$1,000 to $1,499 125,640 29.0% $3804
$1,500 or more 45,229 10.0% $5454

Rent Affordability in Phoenix:

Approximately 47.0% (205,078) of households are spending more than 35% of their income on gross rent in Phoenix

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 41,781 9.0%
15.0 to 19.9 percent 49,484 11.0%
20.0 to 24.9 percent 54,998 12.0%
25.0 to 29.9 percent 45,407 10.0%
30.0 to 34.9 percent 38,233 8.0%
35.0 percent or more 205,078 47.0%

Phoenix Renters Insurance Discounts:

Phoenix Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Phoenix, AZ Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 218,595 50.0% $21.9
2 vehicles available 118,909 27.0% $32.85
3 or more vehicles available 30,740 7.0% $43.8

Phoenix Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 24,145 5.0% $91
60 to 64 years 18,440 4.0% $72
65 to 74 years 19,518 4.0% $59
75 years and over 21,966 5.0% $45

Protective device discount in Phoenix Up to :  $32

Claims-free discount in Phoenix Up to :  $43

Phoenix, AZ Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
85040 $97,700 $600
85019 $90,600 $600
85017 $88,100 $590
85033 $81,900 $600
85035 $80,500 $590
85031 $79,600 $590
85009 $74,300 $590
85012 $384,400 $690
85054 $367,400 $690
85018 $360,800 $680
85045 $353,700 $680
85048 $313,300 $660
85028 $301,100 $660
85085 $287,800 $670
85003 $275,000 $660
85086 $272,500 $660
85004 $267,800 $660
85050 $249,200 $650
85044 $237,400 $650
85021 $225,000 $630
85016 $215,600 $640
85007 $213,900 $640
85024 $210,500 $630
85020 $204,200 $630
85013 $197,700 $630
85022 $196,800 $630
85014 $188,400 $630
85023 $172,900 $630
85032 $168,100 $620
85053 $142,000 $610
85008 $127,700 $610
85034 $127,200 $610
85043 $125,400 $610
85029 $125,300 $610
85015 $120,400 $610
85041 $119,000 $610
85006 $118,900 $610
85051 $117,200 $610
85037 $112,000 $600