In Mesa, Arizona, homeowners pay an average insurance rate of $736. Mesa homeowners can make use of discounts offered by home insurance companies to further reduce their insurance rates. Below are some of the discounts offered to Mesa homeowners.
Newly constructed Mesa homes can avail of discounts of up to $191 on homeowners insurance. New homes have less propensity to damage. As a result, home insurance companies offer substantial discounts to newly built homes. On the other hand, older homes attract higher insurance rates. Mesa homes older than 40 years and 50 years receive an additional charge of $28 and $35, respectively, on home insurance.
Home insurance companies consider the lifestyle of homeowners to determine insurance rates. If all the residents of the household are non-smokers, insurance companies offer special discounts on home insurance rates. Mesa homeowners who own a swimming pool attract an additional insurance cost of up to $44. Installing a fence around the pool with self-latching and self-closing gates will help homeowners get discounts from home insurance companies. Additionally, senior citizens in Mesa also receive discounts on home insurance.
Although most of the factors to avail discounts are not under the control of homeowners, they can benefit most by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles. Mesa homeowners opting for a high deductible of $2,500, can avail of a discount of $4207 on homeowners insurance. Homeowners receive discounts of $173 and $116, respectively, on deductibles of $2,000 and $1,500. Mesa homeowners can save an average of $600 if they opt for a high deductible of $1,700 instead of a standard deductible of $700 on a lock-in period of 8 years.
Home insurance companies provide discounts to homeowners who have a claims-free history. On the other hand, homeowners with claims attract additional home insurance rates. The cost of home insurance in Mesa increases by up to 44% based on the nature and number of claims. Mesa homeowners who have a history of two fire claims and two water claims attract additional insurance rates of $309 and $242, respectively.