Home Insurance in Arizona
Quote in 60 SecondsWhile traveling the country, you may have noticed that seemingly all U-haul trucks have an Arizona license plate, but don’t panic. Even though Sedona is known to be quite the spiritual hub, you aren’t just seeing things. Most U-hauls are registered in Arizona because the company’s main headquarters is in Phoenix, not because everyone is leaving the state in a hurry. Quite the opposite, in fact. Arizona was the seventh most popular state Americans moved to during 2020.
If you’re one of those people that moved to The Grand Canyon State during the COVID-19 pandemic, or you’re just looking for more comprehensive home insurance in Arizona, Hippo has your back (we even have a phoenix home insurance article too).
How much is home insurance in Arizona?
Home insurance in Arizona costs an average of $927 a year, making The Grand Canyon State one of the cheapest places to buy home protection in the US. Arizona is home to such a low premium in part because of its low-risk levels for natural disasters as well as its tendency for bright, sunny days. Arizona has an average of 286 sunny days every year and only receives about 12 inches of rain during that same timeframe.
What factors influence my home insurance rate?
While the cost to insure a home in Arizona is relatively low, that premium can change depending on where you live as well as the age and current condition of your home. For example, if you live in a city with high property crime rates, like Coolidge or Glendale, you can expect to pay more than if you lived in Florence or Oro Valley, two of the safest cities in Arizona.
Arizona Home Insurance Premiums
What does Arizona homeowners insurance cover?
When you set out for a hike on Arizona’s National Scenic Trail, you want to be prepared for anything. From rain ponchos and hiking boots to solar chargers and an extra-large water bottle, a hike along this 800-mile trail is no joke. And your home protection shouldn’t be either.
To ensure you have proper protection for your Spanish mission or bungalow home, you’ll need a policy that covers your home’s structure, all your belongings and personal liability. You can even choose to add more coverage to your policy with insurance riders or extended fire or flood insurance, the two most common natural disasters in the Copper State. Live a more nomadic lifestyle? Learn how to insure your mobile or modular home with our guide.
Arizona Insurance Coverage Options
Traditional coverage
Structure
Expenses
Protection
Structures
Possessions
Supplemental coverage
Tips to lower your homeowners insurance premium
Though Arizona beckons you to get outside to enjoy the natural beauty it has to offer — some options include hundreds of miles of trails, plenty of waterfalls and even The Grand Canyon — it's still worth spending time to update your home.
Prepping your home for severe weather, adding in smart home protection devices and updating your roof or HVAC system when needed can not only help your home run more smoothly, but it can also help save you money on your home insurance premiums.
Arizona home insurance resources
Arizona does things differently. Not only do they not observe daylight savings time (more outdoors time and lower energy bills? Sign us up!), but they also don’t have a Fair Access to Insurance Requirements Plan. But what they do have is a state insurance department to educate residents on their home insurance options.
National Flood Insurance Program
While there are some private flood insurance programs out there, most flood policies are distributed by the National Flood Insurance Program (NFIP). While the coverage is similar, financially protecting your home and belongings from water damage due to flooding, private companies can decide not to renew your policy if they deem that you’re too high risk (while the NFIP can’t). This can be a dangerous route if you live in a flood plain, making NFIP your best option.
Arizona is known for five C’s that help boost their economy: Copper, Cattle, Cotton, Citrus and the Climate. Now, Arizona has a sixth C to add to their list, comprehensive home insurance. Ready to get started? Get your quote now.
