Peoria ,AZ Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Peoria, AZ homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Peoria, AZ is $1678. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Peoria, AZ. VHome Insurance will help you navigate the world of homeowners insurance coverages in Peoria, AZ.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $671 |
| $200,000 | $1,141 |
| $300,000 | $1,410 |
| $400,000 | $2,148 |
| $500,000 | $2,702 |
Home insurance costs in Peoria can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 085381 | $1,585 |
| 85382 | $1,580 |
| 85345 | $1,528 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Peoria, AZ, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,720 |
| $1000 Deductible | $1,539 |
| $1500 Deductible | $1,451 |
| $2500 Deductible | $1,309 |
| $5000 Deductible | $1,107 |
| Home Insurance Company Near Peoria, AZ | Homeowners Insurance Agency Near Peoria, AZ | Address |
|---|---|---|
| State Farm | Bryce Crawford | Ste 335 16150 N Arrowhead Fnt Ctr Dr, Peoria, AZ, 85382-1491 |
| Travelers | Chandler Insurance Agency | 2040 S ALMA SCHOOL RD STE 1-189, CHANDLER, AZ, 85286 |
| Travelers | Cynthia Fisher Agency Llc | 20100 N 51ST AVE STE F-640, GLENDALE, AZ, 85308 |
| Travelers | Olivares Business Group Llc | 5050 NORTH 40TH ST STE 100, PHOENIX, AZ, 85018 |
| Nationwide | Pro Financial Ins Agy Inc | 4425 E AGAVE RD STE 136, PHOENIX, AZ, 85044 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Sun City West CDP, Arizona | $93 | $124 | $186 |
| Deer Valley CCD, Maricopa County, Arizona | $98 | $130 | $195 |
| Anthem CDP, Arizona | $96 | $128 | $192 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Peoria, AZ | 3.2% | 12.0% |
| Sun City West | 4.81% | 15.16% |
| Deer Valley | 2.66% | 11.15% |
| Anthem | 2.55% | 10.56% |
| Peoria Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 406 | 2.0% | $1251 |
| $500 to $749 | 1,469 | 10.0% | $1926 |
| $750 to $999 | 3,512 | 24.0% | $2676 |
| $1,000 to $1,499 | 5,391 | 38.0% | $3801 |
| $1,500 or more | 3,197 | 22.0% | $5451 |
| Streets in Peoria Area | Homeowners Insurance Cost |
|---|---|
| 88th Dr, W Sheena Dr, W Wedgewood Dr, W Jessie Ln, 297th Ave, W Quail Run Rd, W Villa Chula Ln, N 97th Ln, W Maya Dr, 86th Dr | $675 |
| W Judson Dr, Buckhorn Trl, W Prickley Pear Trl, N 124th Gl, N 237th Ave, W Corte del Sol Este, Hillcrest Blvd, W Monte Lindo Ct, N Paseo Laredo Ln, Lucia Dr | $639 |
| W Cliffrose Rd, W Sonnet Dr, W Fern Dr, W Scotland Ave, W Hower Rd, W Continental Dr, Ridgeline Rd, N 98th Dr, 121st Ave, Hedge Hog Pl | $669 |
| W Pineridge Dr, W Morning Vista Dr, N Mine Rd, County Rd, Honeysuckle Dr, W Challenger Trl, W Pima Ct, Running Deer Trl, W Sequoia, N Appaloosa Dr | $634 |
| 84th Ln, 87th Ln, W Denton Ave, W Cedar Dr, 114th Ave, W Willow Haven Ct, N 295th Ave, W Dynamite Blvd, W Campana Dr, N 95th Ln | $673 |
| Stone Hedge Ranch Rd, W White Wing Rd, W Forrester Dr, W Overlook Rd, W New River Rd, 171st Ave, W Ocotilla Ln, 67th Dr, N Wrangler Dr, W Newport Dr | $633 |
| N Shiprock Dr, W Saddle Horn, W Rodgers Cir, Rydin Rd, Maya Way, Rees Jones Bl, Staghorn Rd, W Dale Rd, W Pioneer Camp Ground Rd, Tonopah Dr | $673 |
| W del Mar Ln, N Fairway Ct E, W Clair Dr, 123rd Ln, Kings Ave, 98th Ave, W Mobile Ave, W Whitehorn Way, W Alda Way, W Adela Dr | $599 |
| W Cimarron Blvd, W Evergreen Ter, W Trails Dr, W Lake Pleasant Pkwy, W Desert Harbor Dr, N Welk Dr, N Matador Ct, W Devil Springs Rd, Paso Trl, 67th Dr | $612 |
| N Fallen Leaf Ln, W Mary Ann Dr, W Elkhorn Dr, 125th Ln, Red Hawk Dr, W Pinehurst Dr, N Riviera Ct, W Chucks Ave, W Lazy K Ranch Rd, N 172 Ave | $641 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Peoria | $93 to $95 |
| Sun City West | $93 |
| Deer Valley | $97 |
| Anthem | $96 |
| Home value ($) | Construction type | Coverage | Company | Average homeowners insurance premium ($) | ||
|---|---|---|---|---|---|---|
| Other structure coverage ($) | Contents coverage ($) | Additional living expenses coverage ($) | ||||
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | American Commerce Ic | 455 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | Arizona Home Ic | 184 |
| 500,000 | Masonry | 50,000 | 375,000 | 100,000 | California Cas Ind Exchange | 1,649 |
| 500,000 | Masonry | 50,000 | 375,000 | 100,000 | Country Mutual Ic | 1,769 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | Electric Ic | 693 |
| 100,000 | Masonry | 10,000 | 75,000 | 20,000 | Metropolitan P&C Ic | 254 |
| 300,000 | Masonry | 30,000 | 225,000 | 60,000 | Nationwide Ic Of America | 794 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | Pacific Ind Co | 720 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | Pharmacists Mutual Ic | 353 |
| 500,000 | Masonry | 50,000 | 375,000 | 100,000 | United Heritage P&C Co | 1,779 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $4,000 |
| Yearly Peoria Homeowner Insurance Premium Example | $1,200 | $700 |
| Out of Pocket Expense During Claim | $1,000 | $4,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $10,600 | $9,600 |
| Net Savings to Peoria Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Peoria, AZ Home Replacement Value MORE than Home Value | Peoria, AZ Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $259,500 | $181,500 |
| Insurance Premium based on Replacement Value | $800 | $550 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $48,000 | Risk Exposure from Under Insuring Coverage is $30,000 |
| Premium Impact | Insurance cheaper by $100/year | Insurance costlier by $150/year |
| Insurance Company | Liberty Mutual | Allstate | Nationwide Insurance |
| Monthly Premium | 23 | 50 | 81 |
| Year Built | 2004 | 1996 | 2014 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $150000-$175000 | $200000-$250000 | $400000-$500000 |
| Deductible | $5000 to $10,000 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |