Tempe Insurance Rates:

Tempe, AZ home insurance is approximately $534 to $725, about $44-$60/month. Our complete guide reveals consumers can save upto $252 by getting multiple quotes

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Tempe Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Farmers Insurance
Home Insurance Rate of $420/8 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $225,000

3 Beds, 3 Bath 1680 sqft Seasonal Residence Constructed In 2011 with Wood Flooring, Slate Shingles Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Deadbolt Locks, Copper Water Pipes, Smoke Alarm, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

59 Years old Married Male who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

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

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $100/3 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $180,000

2 Beds, 2 Bath 1340 sqft Seasonal Residence Constructed In 2007 with Linoleum, Metal Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Fire Extinguisher, Deadbolt Locks, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

36 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $650/12 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $220,000

3 Beds, 3 Baths 1580 sqft Vacation Property Constructed In 2012 with Hardwood Flooring, Membrane Roof, Piers Foundation, Vinyl siding, Brick Frame. Home Features Include Swimming Pool, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

58 Years old Married Male who is a Freelancer with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $60/3 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

2 Beds, 2 Bath 960 sqft Vacation Property Constructed In 1974 with Wood Flooring, Slate Shingles Roof, Piers Foundation, Wood siding, Metal Frame Construction. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

39 Years old Divorced Female who has a Full Time Job with household income of $50-$75,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $490/12 months for $125,000-$150,000 Coverage
Policy Holder Home Details :

Home Value : $115,000

1 Bed, 1 Bath 887 sqft Primary Residence Constructed In 1997 with Carpet Flooring, Asphalt Shingles Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Married Male who is a Freelancer with household income of $50-$75,000 and has More than 3 Pets and is a Non-Smoker

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

  • 750-799 Credit Score

  • Seniors staying at home

Tempe, AZ Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
85284 $345,600 $680
85283 $201,500 $630
85282 $181,300 $630
85281 $174,300 $630

Tempe Rates & Quotes Analysis:

Tempe Area Estimated House Insurance
S Research Dr, S Shafer Dr, E Cír S Hernandez B, S Indian Bend Rd, E Bohl St, E 13th St, W Madero Ave, E Hopi St, E Cll de Caballos, S 48th Pl$624
E Caroline Ln, E Aspen Dr, S Pvt, S Tonopah Dr, W Morino Ct, N May, S Butte St, W Warner Ranch Dr, E Biehn St, E Stephens Dr$666
E Country Club Way, Anozira S Pkwy, W 14th St, E Alta Mesa Ave, S Sierra Vista Dr, W Osage Cir, E Circle Juan Tavena, W Detroit Ct, E Mesquite Cir, W Plata Ave$615
W Onza Cir, N Champlain Ave, Terrace Cir, N Center Pkwy, W Magdalena Dr, S Cll Moctezuma, S Poplar Dr, E Weber Dr, E Papago Dr, E Keresan St$618
E Ellis Dr, N Brandon Dr, E Cornell Dr, E Sandpiper Dr, W Bolero Dr, N Gene Ave, S Lebanon Ln, W Des Moines Cir, W Greentree Dr, W Project Dr$639
E Spence Ave, S 45th Ct, S Monterey Ave, E Sesame St, S Don Luis, E Zia St, S Pecan Grove Cir, S Torre Molinos Cir, N la Rosa Dr, E Corral Rd$631
W Cll de Arcos, S Shafer Dr, E la Diosa Dr, Shannon Dr, S Orm Dr, S Towers St, S 50th St, S Morrow St, W Kiva Ave, E Chelsea Manor$642
S Birchett Dr, W Sunburst Ln, S Golf Dr, W Dixon St, E Maldonado Dr, S Michele Dr, E Gemini Dr, W del Rio Ct, W 15th St, W Jibsail Loop$699
E Oxford Cir, E Stanford Dr, W Westcourt Way, W Hudson Ln, W 17th St, E Don Carlos Ave, S Albert St, W Willow St, E Circle Dr, S Minton Dr$598
E Knight Ln, S Craver Pl, N Judd Pl, W Erie Dr, E Miami Ave, W Red Mountain Acc, Coconino St, W Kelly Ln, E Alexander Blvd, W Fremont Dr$671

Insurance rates are influenced by a number of factors including:

  • Year Built: 18,512 Homes (25% of total) built between 1980 to 1989 in Tempe are paying home insurance between $940-$949 compared to Paradise Valley (+$345), Chandler (+$13), Fountain Hills (+$62), Guadalupe (-$53) and Phoenix (-$17).
  • Bedrooms: 12,349 1 bedroom homes (17% of total homes ) in Tempe are paying about $328. Areas near to Tempe such as Paradise Valley, Gilbert, Fountain Hills are costlier by $120, $3, $22 respectively whereas Guadalupe and Phoenix are more economical by $24, $6 respectively for similar homes.
  • Auto Insurance Bundling: 12,370 Households (42% of all households) in Tempe have 2 vehicles available and when it is bundled with home insurance you can save $126. Discounts for similar bundling in close by locations such as Guadalupe, Phoenix, Paradise Valley come to $119, $123, $172 respectively.
  • Senior Discounts: 13,575 seniors (more than 55 years) occupied housing units (46% of total) in Tempe get discounts between $94 to $96. The comparative concessions in proximate regions such as Guadalupe, Phoenix and Paradise Valley are $89, $92 and $129 respectively.
  • New Homes discounts: New homes such as the 20,210 homes built between 2000 to 2009 in Tempe can save $126 and similar new home insurance discounts in nearby towns and cities like Guadalupe, Phoenix and Paradise Valley are $119, $123 and $172 respectively.

Tempe Homeowners insurance Facts

  • Tempe, AZ has 29,366 owner occupied houses which is 45.6% of all units whereas Guadalupe, Phoenix and Paradise Valley have 63.96%, 60.46% and 95.77% respectively.
  • Tempe, AZ homeowners yearly insurance price at $630 is 0.29% of the typical house value of $213,700 which is in contrast with 0.63% in Guadalupe, 0.35% at Phoenix & 0.09% in Paradise Valley.
  • Homeowners in Tempe, AZ pay 1.1% of their income ($45,000 to $49,999) in insurance whereas homeowners in Phoenix, Gilbert and Mesa pay 1.08%, 1.11% and 1.07% respectively.
  • Tempe, AZ’s insurance is 3.4% of monthly housing costs of $1,549/month, for owners with a mortgage compared to 5.26% in Guadalupe, 3.39% at Phoenix & 1.79% in Paradise Valley. But, for households without a mortgage, insurance is 12.2% of costs ($432 in Tempe, AZ) in contrast with 14.67% in Guadalupe, 12.31% at Phoenix & 7.17% in Paradise Valley.

Tempe, AZ Home Values & Insurance rates

For example, insurance for 330 Homes (1.0% of total homes ) valued between $60,000 to $69,999 in Tempe, AZ is about $189. Rates in nearby areas in such as Fountain Hills, San Manuel, Camp Verde-Sedona are cheaper by $69, $35, $23 respectively while Guadalupe and Phoenix are costlier by $215 and $40 respectively for similar homes.

Tempe, AZ Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,564 5.0% $69
$60,000 to $69,999 330 1.0% $189
$70,000 to $79,999 382 1.0% $220
$80,000 to $89,999 313 1.0% $245
$90,000 to $99,999 411 1.0% $277
$100,000 to $124,999 2,265 8.0% $321
$125,000 to $149,999 1,787 6.0% $403
$150,000 to $174,999 3,472 13.0% $478
$175,000 to $199,999 2,682 10.0% $548
$200,000 to $249,999 4,916 18.0% $661
$250,000 to $299,999 3,972 15.0% $806
$300,000 to $399,999 4,000 15.0% $1026

Renters Insurance in Tempe

  • Average Renters Insurance in Tempe :  $186($15/month)

  • Median Gross Rent in Tempe :  $920

  • Tempe Renters Insurance to Median Rent Ratio:  1.63%

  • Renter occupied housing units in Tempe :  35,043

Tempe Renters Insurance as a Percentage of Rent

Tempe Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 852 2.0% $1246
$500 to $749 7,891 23.0% $1921
$750 to $999 11,330 33.0% $2671
$1,000 to $1,499 10,091 29.0% $3796
$1,500 or more 3,582 10.0% $5446

Protective device discount in Tempe Up to :  $27

Claims-free discount in Tempe Up to :  $37