Tempe Insurance Rates:

Tempe, AZ homeowners insurance is approximately $534 to $725, about $44-$60/month. Our complete guide reveals consumers can save upto $252 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Homeowners Insurance Rates in Tempe, AZ

Tempe is home to approximately 1.64.139 residents. It is a city that fosters incredible local food, family-friendly attractions, arts, and cultural programs. Tempe is one of the best places to settle. Even with various resources and programs, Tempe is known for its crime rate. The rate of crime in Tempe is 89.12% of 1,000 residents. The chance of being a victim is as high as 1 in 7. Hence, Tempe residents must take homeowners insurance into serious consideration.

The average homeowners insurance rate in Tempe is $794. Homeowners in Temper can take several precautions to protect their families and houses from burglaries and fires. One way is by installing advanced security features, including deadbolts, fire extinguishers, smoke detectors at home to prevent damage. Here, homeowners can avail of discounts on homeowners insurance rates in Tempe offered by insurance providers.

Refer to the chart below to understand the cost of insurance based on the safety features.

Homeowners_Insurance_Rates_in_Tempe_AZ

Burglars tend to skip homes equipped with certain home safety devices like deadbolts, smoke detectors, and fire extinguishers. Houses with deadbolts and fire extinguishers in Tempe, AZ, pay $723 and $715, respectively. In addition, homes equipped with burglar alarms and lightning protection pay $723and $779, respectively, on homeowners insurance in Tempe, AZ. Hence, insurance companies offer discounts for homeowners who have installed these safety devices.

Insurance providers also offer discounts on premiums for newly constructed homes. The age of the house plays a significant role in determining home insurance rates in Tempe, AZ. For instance, houses constructed 40 or 50 years ago pay a premium of $815 and $825, respectively, in Tempe, Arizona. On the other hand, newly built homes are less prone to damage. Therefore the premium charged by the insurance providers is less. Newly built homes in Tempe can avail of lower insurance of $612.

Other than that, insurance providers consider the material used to construct the home to determine the home insurance rates in Tempe, AZ. The material you choose dramatically influences the total cost of building the house and affects its durability and resilience to natural disasters. For instance, a home constructed of hail-resistant roofing is offered at premiums as low as $770.18 in Tempe, AZ. Homes built with Masonry and Fire resistive Brick are offered at $754.3 and $706.66, respectively. Thus, the premium charged will be higher if you use low-quality materials to construct your house.

Tempe, AZ, Best Home Insurance Companies

The average cost of home insurance in Tempe, Arizona, ranges between $534 to $725. vHome’s analysis reveals that Tempe homeowners can save as much as $252 by comparing quotes from multiple home insurance companies. However, homeowners must also ensure that the coverage value meets their requirements. Below are the top 5 home insurance companies in Arizona by market share.

Tempe_AZ_Best_Home_Insurance_Companies

State Farm

State Farm is the leading home insurance company in Tempe, occupying a market share of 17.97% in Arizona. The renowned home insurance company has written direct premiums worth $303,259 and has earned direct premiums worth $299,049. State Farm holds a financial strength rating of A++ from A.M. Best for its superior financial capacity to grant potential claims of current Tempe policyholders. It also received a customer satisfaction score of 4/5 from J.D. Power based on the feedback collected from policyholders.

Farmers

Farmers is another major player in the insurance segment, holding a market share of 13.01% in Arizona. The company has direct premiums written for a total value of $219,578 and has earned direct premiums worth $220,278. Farmers holds a financial strength rating of A+ for their superior financial ability to grant claims of current Tempe policyholders. According to customer feedback curated by J.D. Power, Farmers received a customer satisfaction score of 3/5.

USAA

Even though USAA only offers its services to veterans, active, and retired military personnel, it has managed to hold a market share of 8.70%. It has direct premiums written worth $146,815, and direct premiums earned worth $142,816. USAA is the only home insurance company to receive a superior financial strength rating of A++ from A.M. Best and a perfect customer satisfaction score of 5/5 from J.D. Power.

Liberty Mutual

According to NAIC, Liberty Mutual holds a market share of 8.64% in Arizona. The home insurance company has direct premiums written worth $145,779, and direct premiums earned worth $140,214. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D. Power.

Allstate

Allstate occupies 8.64% of the home insurance market in Arizona. It has written direct premiums of $145,772 and earned direct premiums of $145,509. Allstate has the superior financial ability in granting potential claims of current Tempe policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power’s customer feedback survey.

Tempe, AZ Homeowners Insurance By Home Value

Tempe, AZ Home Value Total Homes % of Total Average Tempe, AZ 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

Top Home Insurance Agents Near Tempe, AZ

Home Insurance Company Near Tempe, AZ Homeowners Insurance Agency Near Tempe, AZ Address
Liberty Mutual Rebecca Kossmann 4505 E. Chandler Blvd. Ste 145, Phoenix, AZ, 85048
Travelers Bennett Insurance Group Inc 24654 N Lake Pleasant Pkwy # 103-575, Peoria, AZ, 85383
Travelers Burski Insurance Agency Llc 7347 N 43RD LN, GLENDALE, AZ, 85301
Allstate Don Stoll 3030 S Rural Rd Ste 104, Tempe, AZ, 85282
Travelers Lebaron & Carroll Llc 1350 E SOUTHERN AVE, MESA, AZ, 85204

Tempe, AZ Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Tempe, AZ

Streets in Tempe Area Homeowners Insurance Cost
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

Tempe, AZ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Tempe$94 to $96
Guadalupe$89
Phoenix$92
Paradise Valley$129

Tempe, AZ Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Guadalupe town, Arizona $89 $119 $179
Phoenix CCD, Maricopa County, Arizona $92 $123 $185
Paradise Valley town, Arizona $129 $172 $258

Tempe, AZ Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Tempe, AZ3.4%12.2%
Guadalupe5.26%14.67%
Phoenix3.39%12.31%
Paradise Valley1.79%7.17%

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

Average Cost Of Home Insurance By Company In Areas Nearby Tempe For Different Scenarios

Home value ($) Construction type Coverage Company Average homeowners insurance premium ($)
Other structure coverage ($) Contents coverage ($) Additional living expenses coverage ($)
300,000 Frame 30,000 225,000 60,000 Aca Ic 510
500,000 Frame 50,000 375,000 100,000 Farmers Ins Exchange 1,159
500,000 Frame 50,000 375,000 100,000 Great Northwest Ic 1,277
500,000 Masonry 50,000 375,000 100,000 Hartford Fire Ic 1,547
300,000 Masonry 30,000 225,000 60,000 Nationwide Ic Of America 946
100,000 Frame 10,000 75,000 20,000 Praetorian Ic 393
100,000 Frame 10,000 75,000 20,000 Secura Supreme Ic 345
300,000 Frame 30,000 225,000 60,000 Unigard Ic 673
500,000 Masonry 50,000 375,000 100,000 Union Ic Of Providence 1,808
300,000 Masonry 30,000 225,000 60,000 Universal North America Ic 794

Tempe, AZ Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$500$1,500
Yearly Tempe Homeowner Insurance Premium Example $800$600
Out of Pocket Expense During Claim$500$1,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $6,900$6,300
Net Savings to Tempe Home Owner from High Deductible Plan $600

Tempe, AZ Home Insurance Costs With Home Replacement Value Scenarios

Scenario Tempe, AZ Home Replacement Value MORE than Home Value Tempe, AZ Home Replacement Value LESS than Home Value
Replacement Value $432,000 $271,000
Insurance Premium based on Replacement Value $1,075 $675
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $72,000 Risk Exposure from Under Insuring Coverage is $89,000
Premium Impact Insurance cheaper by $225/year Insurance costlier by $175/year

Example Tempe Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Nationwide InsuranceAllstateTravelers
Monthly Premium 433545
Year Built 200819861994
Home Details 2 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 1 Baths
Coverage Amount $200000-$250000$250000-$300000$200000-$250000
Deductible $1000-$2500 Deductible> $10,000 Deductible$2500-$5000 Deductible

Sample Home Insurance Rates for Tempe, AZ from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2013 260,000 Wood Shake Roof 2,140 4 > $10,000 Deductible 530 10 Stone Siding yes
1996 120,000 Slate Shingles Roof 980 2 $500- $1000 Deductible 90 3 Stucco siding yes
2010 255,000 Tile Roof 2,160 4 $5000 to $10,000 Deductible 340 9 Brick siding yes
2010 185,000 Metal Roof 1,790 4 $500- $1000 Deductible 470 12 Stucco siding yes
1981 250,000 Membrane Roof 2,020 3 $5000 to $10,000 Deductible 410 9 Wood siding yes
1993 255,000 Asphalt Shingles Roof 2,320 3 > $10,000 Deductible 350 12 Brick siding No
1984 240,000 Slate Shingles Roof 2,290 5 $500 Deductible 540 8 Stucco siding No
2003 180,000 Slate Shingles Roof 1,900 3 $5000 to $10,000 Deductible 260 10 Brick siding yes
1998 175,000 Slate Shingles Roof 1,510 2 $1000-$2500 Deductible 30 1 Stucco siding yes
1977 210,000 Asphalt Shingles Roof 2,120 5 $5000 to $10,000 Deductible 260 7 Stone Siding No
1984 175,000 Shingles Roof 1,380 3 $500 Deductible 110 3 Stucco siding yes
1983 230,000 Shingles Roof 2,250 5 > $10,000 Deductible 90 3 Stone Siding yes
2004 225,000 Membrane Roof 1,800 5 $2500-$5000 Deductible 80 2 Fiber-Cement Siding yes
1973 160,000 Wood Shake Roof 1,600 2 $500 Deductible 340 10 Fiber-Cement Siding yes
1989 150,000 Shingles Roof 1,330 2 $500- $1000 Deductible 250 7 Stone Siding No
2012 205,000 Shingles Roof 1,760 4 $1000-$2500 Deductible 410 12 Brick siding No
2011 140,000 Shingles Roof 1,270 2 $1000-$2500 Deductible 230 6 Stucco siding yes
2007 280,000 Tile Roof 2,370 3 $5000 to $10,000 Deductible 320 8 Stone Siding No
1983 160,000 Asphalt Shingles Roof 1,480 3 $500 Deductible 260 6 Stucco siding yes
2010 335,000 Membrane Roof 3,330 4 $500- $1000 Deductible 740 10 Brick siding yes
1986 520,000 Tile Roof 3,980 5 $5000 to $10,000 Deductible 640 7 Stucco siding No
1995 285,000 Asphalt Shingles Roof 2,260 4 > $10,000 Deductible 260 10 Stone Siding No
1974 135,000 Asphalt Shingles Roof 1,290 2 $2500-$5000 Deductible 30 1 Stone Siding No
1987 260,000 Metal Roof 2,280 3 $500 Deductible 420 5 Wood siding yes
1978 510,000 Metal Roof 4,100 5 $1000-$2500 Deductible 530 5 Wood siding No
1987 290,000 Slate Shingles Roof 2,160 3 $5000 to $10,000 Deductible 370 10 Wood siding yes
2011 225,000 Slate Shingles Roof 1,680 3 $500- $1000 Deductible 420 8 Stone Siding yes
2007 180,000 Metal Roof 1,340 2 $2500-$5000 Deductible 100 3 Wood siding yes
2012 220,000 Membrane Roof 1,580 3 $500- $1000 Deductible 650 12 Vinyl siding No
1974 110,000 Slate Shingles Roof 960 2 $1000-$2500 Deductible 60 3 Wood siding yes
1997 115,000 Asphalt Shingles Roof 887 1 $500 Deductible 490 12 Vinyl siding No

Latest Home Insurance Reviews

Allstate
Premium is about the same as others. No strong feelings about this either way
Liberty Mutual
I don't like that our homeowner's insurance is a third party that makes for a little bit of confusion especially in regards to whom we have to talk to take care of her home and whom we have to talk to you to take care of our cars.
American Family
I like everything about my insurer. Having over 25 years of experience doing commercial brokerage insurance myself, I recognize quickly if an agent just wants to get numbers or are they really interested in doing business with you.
Progressive
Progressive's customer service is the main reason why since they will help you through any confusion you may have about your policy.
Progressive
I have been with this insurance company for almost 10 years and there customer service is excellent and their prices are fair in comparison to other insurance policies.
Usaa
The claims process is easy and quick. you can make claims via telephone or through the company's web page. this is very convenient.
Usaa
I feel that usaa does have my best interest at heart and offers me the best deal they have. their staff is extremely nice and accommodating.
Progressive
I would recommend it,but I don't know how much weight my recommendation would carry, since I haven't actually had to file a claim with them. So far, I do like their customer service as far as answering any questions I have.
Farm Bureau
Coverage seems to be about standard, with me choosing level of coverage by limits. Again, as I've had no need to use them, it's hard to say if they offer something another company would.
Usaa
My experience with the customer service has been great. I have never had an issue when calling in with questions, or when I am updating my coverage. I will gladly continue to use them.
State Farm
I have no problem with State Farm's home owners policy offerings. I have no special needs. What they suggest and what I buy are completely adequate for my property.
Metlife
Overall I would give Met Life a three. Customer Service is alright and the overall price point is acceptable. To increase this score, Met Life can lower price.
Progressive
A best way to improve insurance policy on future plan and very interesting to going on my life and be better to nothing any issues. A growth life is nothing fear because i have put policy from home insurance.
Farmer's Insurance
Farmers insurance seems to have some rules pertaining to how they issue their policies. for example, if the outside of the property needs some touch-up paint, they won't insure the property.
State Farm
Paying online was somewhat of a task. we now have automatic payments and that has proven much better for us.
Nationwide
I've never had to use their website except to look up the phone number of the company to contact them and that's been the extent of it
Usaa
I recently thought I was paying too much, went to state farm for a comparison. Turns out I would be paying 600 more a year for the same type of coverage. Very happy that IÃḃ€™m with USAA
Farm Bureau
I like that they called me back when I had to file a claim to see how things were going. The guy was very knowledgeable.
Usaa
They offer multiple options to communicate with them. The wait time on the phone is always reasonable and the website has a great deal of information.
American Home Shield
A home warranty is a service contract designed to protect your household budget from unexpected, costly repairs on home systems and appliances.
Usaa
There is nothing that I dislike about the company. They obviously value the customer and provide a good balance of service versus cost.
American Family
Nice, friendly. They are big and cheap. Good coverage for a good price. Good customer service. I am pretty happy overall with all the services that they provide, and I don't even really shop around for competitors anymore.
Usaa
I recommend this company to anyone who may have military family. They're so friendly and helpful, it's worth paying a little more for the better customer service.
Allstate
They have terrible customer service and their website/apps are low quality. I don't understand my policy well either.
Usaa
The company is expensive. I have searched other options and they are cheaper, even if they are not the same level of coverage. I feel like I am in a club with them and that keeps me staying.
Liberty Mutual
The website can be improved and their technology is a bit behind the ball. It is difficult to find what exactly is covered under these policies.
Usaa
Because of their dedication to serving their customers, I would recommend USAA home insurance to anyone who was eligible for membership. I have never been treated with so much respect and empathy when I contacted them after sustaining flood damage.
Country Financial
I actually have recommended this company to several of my friends because I have been so pleased with it. I will continue to do so!
Usaa
I rate them a 5 I've had nothing but good experiences with them they've come out and give me roadside assistance multiple times and have worked with me when times got tough.

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