Phoenix ,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 Phoenix, 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 Phoenix, AZ is $1658. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Phoenix, AZ. VHome Insurance will help you navigate the world of homeowners insurance coverages in Phoenix, AZ.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $663 |
| $200,000 | $1,127 |
| $300,000 | $1,393 |
| $400,000 | $2,122 |
| $500,000 | $2,669 |
Home insurance costs in Phoenix 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 |
|---|---|
| 085040 | $1,521 |
| 85019 | $1,514 |
| 85017 | $1,505 |
| 85033 | $1,513 |
| 85035 | $1,513 |
| 85031 | $1,514 |
| 85009 | $1,493 |
| 85012 | $1,726 |
| 85054 | $1,646 |
| 85018 | $1,775 |
| 85045 | $1,659 |
| 85048 | $1,645 |
| 85028 | $1,662 |
| 85085 | $1,665 |
| 85003 | $1,656 |
| 85086 | $1,644 |
| 85004 | $1,598 |
| 85050 | $1,644 |
| 85044 | $1,605 |
| 85021 | $1,604 |
| 85016 | $1,627 |
| 85007 | $1,584 |
| 85024 | $1,593 |
| 85020 | $1,592 |
| 85013 | $1,626 |
| 85022 | $1,585 |
| 85014 | $1,608 |
| 85023 | $1,566 |
| 85032 | $1,581 |
| 85053 | $1,551 |
| 85008 | $1,545 |
| 85034 | $1,550 |
| 85043 | $1,531 |
| 85029 | $1,542 |
| 85015 | $1,542 |
| 85041 | $1,539 |
| 85006 | $1,574 |
| 85051 | $1,529 |
| 85037 | $1,529 |
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 Phoenix, AZ, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,700 |
| $1000 Deductible | $1,520 |
| $1500 Deductible | $1,434 |
| $2500 Deductible | $1,293 |
| $5000 Deductible | $1,094 |
| Home Insurance Company Near Phoenix, AZ | Homeowners Insurance Agency Near Phoenix, AZ | Address |
|---|---|---|
| Farmers | Allan Connor | 5950 S Cooper Rd Ste 2b, Chandler, AZ, 85249 |
| State Farm | Lisa Ro Ross | 14071 W Bell Rd Ste 105, Surprise, AZ, 85374-2454 |
| Liberty Mutual | Shane R. Lizama | 21448 N. 75Th Ave. Suite 2, Glendale, AZ, 85308 |
| Farmers | Wayne Leavitt | 7254 E Southern Ave Ste 105, Mesa, AZ, 85209 |
| Travelers | Wesselmann Insurance Network Group Llc | 4203 E INDIAN SCHOOL RD STE 301, PHOENIX, AZ, 85018 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Paradise Valley town, Arizona | $129 | $172 | $258 |
| Glendale city, Arizona | $92 | $122 | $183 |
| Tempe city, Arizona | $95 | $126 | $189 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Phoenix, AZ | 3.4% | 12.3% |
| Paradise Valley | 1.79% | 7.17% |
| Glendale | 3.51% | 12.01% |
| Tempe | 3.39% | 12.15% |
| 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 |
| Streets in Phoenix Area | Homeowners Insurance Cost |
|---|---|
| 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 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Phoenix | $92 to $94 |
| Paradise Valley | $129 |
| Glendale | $92 |
| Tempe | $94 |
| Home value ($) | Construction type | Coverage | Company | Average homeowners insurance premium ($) | ||
|---|---|---|---|---|---|---|
| Other structure coverage ($) | Contents coverage ($) | Additional living expenses coverage ($) | ||||
| 100,000 | Masonry | 10,000 | 75,000 | 20,000 | American Security Ic | 483 |
| 300,000 | Masonry | 30,000 | 225,000 | 60,000 | Farm Bureau P&C Ic | 1,183 |
| 100,000 | Masonry | 10,000 | 75,000 | 20,000 | Homesite Ind Co | 413 |
| 500,000 | Masonry | 50,000 | 375,000 | 100,000 | Horace Mann Ic | 952 |
| 300,000 | Masonry | 30,000 | 225,000 | 60,000 | Pacific Ind Co | 1,683 |
| 300,000 | Frame | 30,000 | 225,000 | 60,000 | Pharmacists Mutual Ic | 756 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | Praetorian Ic | 393 |
| 300,000 | Frame | 30,000 | 225,000 | 60,000 | Privilege Underwriters Reciprocal Exchange | 1,944 |
| 100,000 | Frame | 10,000 | 75,000 | 20,000 | United Heritage P&C Co | 497 |
| 300,000 | Frame | 30,000 | 225,000 | 60,000 | Universal North America Ic | 832 |
| Scenario | Phoenix, AZ Home Replacement Value MORE than Home Value | Phoenix, AZ Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $ | $ |
| Insurance Premium based on Replacement Value | $ | $ |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $ | Risk Exposure from Under Insuring Coverage is $ |
| Premium Impact | Insurance cheaper by $/year | Insurance costlier by $/year |