Gianetta Palmer is a freelance writer who lives in the Georgia mountains. Her writing on health and car insurance, has appeared on numerous sites.
Expert reviewed
Expert reviewed
This article has been reviewed by a licensed Policygenius expert to ensure that sources, statistics, and claims meet our standard for accurate and unbiased advice.
Pat Howard is a managing editor and licensed home insurance expert at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.
Scorching summers, drenching monsoons, and choking windstorms make it important for homeowners in Phoenix to have enough home insurance to withstand whatever mother nature throws at them.
The average cost of homeowners insurance in Phoenix is $2,162 per year or $180 a month. This is around 13% higher than the statewide average of $1,897 per year and on par with the national average of $1,899.
However, the cost isn’t the only factor to consider when choosing a home insurance company. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Phoenix.
Best homeowners insurance companies in Phoenix
Of the companies we looked at, USAA has the lowest home insurance rates in Phoenix, with an average annual policy cost of $1,019 per year — about $1,100 less than the state average. American Family has the next lowest average rates at $1,229 per year.
Policygenius analyzed thousands of quotes from the 5 largest Phoenix insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Phoenix residents to find the best homeowners insurance in Phoenix.
Company
Average yearly cost
J.D. Power Rating
State Farm
$1,414
835
Farmers
$2,122
813
USAA
$1,019
882
American Family
$1,229
831
Allstate
$1,822
829
State Farm
There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.
Pros
Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage
Get up to $1 million in personal liability coverage
Score discounts for bundling, installing security devices, and choosing a high deductible
File and track claims online, over the phone, in person, or through its mobile app
High customer satisfaction and financial strength ratings
Cons
No discounts for first-time homebuyers or going a year without a claim
State Farm has high customer satisfaction ratings from J.D. Power, making it one of the top home insurance companies around. Customers can file and track claims online or through the mobile app and earn discounts for bundling home and auto insurance policies or choosing a higher deductible.
How to get a quote
Online through State Farm
Farmers
Farmers is one of the largest and most reputable home insurance providers in the industry, offering special discounts for teachers, nurses, first responders, and non-smokers — plus the option to rebuild your home with green materials after a claim.
Pros
Several discounts and unique ways to save, including claim forgiveness and declining deductibles
3 flexible coverage packages with varying levels of protection for most coverage and budget needs
Offers extended and guaranteed replacement cost coverage options
File claims online, via text, on its mobile app, or by calling its claims center
Cons
Rates are typically more expensive
Below-average customer satisfaction ratings
No repair network to help you find a certified contractor or repair professional after filing a claim
We love the fact that Farmers offer several discounts and numerous additional coverages, including the option to rebuild your home with green materials after a covered claim. Farmers have three flexible coverage options, making it easy for customers to pick and choose which coverages work best within their budget.
How to get a quote
Online through Farmers
USAA
USAA's robust coverages and high marks for customer service and claims satisfaction make it a solid home insurance option for military members and their families.
Pros
Score discounts for zero claims, being a loyal USAA member, opting into e-billing, and more
Base policy includes coverages that cost extra with most other companies
Offers earthquake coverage — which is hard to come by
Get discounted home security systems and a discount on premiums through its partnership with ADT
Industry-best customer service and claims satisfaction ratings
Cons
Only available to military families
Doesn’t offer extended or guaranteed replacement cost dwelling coverage
With its high marks for customer and claims satisfaction, USAA is a great choice for home insurance for those in the military and their family members. USAA’s base policy includes coverages that generally cost extra with other companies, and customers can earn discounts for being a loyal USAA member, and bundling their home and auto insurance policies.
How to get a quote
Online through USAA
American Family
American Family's status as the 7th largest home insurance provider in the U.S. speaks to its popularity and reputation. Our fave perk? Its diminishing deductible program that lets you earn credits for every year you go without filing a claim.
Pros
Unique coverage add-ons, like matching siding insurance and hidden water damage coverage
Save up to 20% on home insurance and 29% on auto insurance for bundling the policies together
Earn a $100 credit toward your deductible for ever year you go without filing a claim
File claims online or on its mobile app — with 24/7 claims support
Cons
Doesn't offer extended or guaranteed replacement cost coverage
Above-average customer complaints according to the NAIC
With its "diminishing deductible" program, American Family policyholders can earn a $100 credit toward their deductible every year they go without a claim. Throw in unique coverage add-ons like matching siding insurance and hidden water damage coverage, it’s no wonder Phoenix homeowners rely on American Family to keep their homes protected.
How to get a quote
Online through American Family
Allstate
Allstate's mix of exceptional customer satisfaction ratings, personalized coverage options, and numerous discount opportunities make it one of the most popular homeowners insurance companies on the market.
Pros
Several coverage add-ons, including ones for roof surfaces, water backup, green improvements, and mold protection
8+ discounts, including autopay, bundling, zero claims, and new homebuyer
Get up to 25% off your premiums when you bundle home and auto insurance
Excellent customer service and claims satisfaction ratings
File and track claims online or through its mobile app
Allstate customers can get up to 25% off their home and auto insurance when they combine the two in a single policy package. In addition to a generous bundling discount, Allstate customers can also score lower rates by opting for autopay or going a certain number of years without filing a claim.
Cheapest homeowners insurance companies by ZIP code in Phoenix
Looking at average home insurance costs for 15 of the most popular companies in Phoenix, we found that the cheapest home insurance in the city can be found in the 80537 ZIP code (Loveland) with USAA. The average USAA rate in this area is $855 per year — $1,200 less than the city average of $2,162 per year.
Homeowners in most areas of Phoenix are likely to have the cheapest rates with American Family and USAA, with rates up to $1,239 per year.
ZIP code
Company
Average yearly cost
85003
USAA
$1,041
85004
USAA
$1,027
85006
USAA
$1,041
85007
USAA
$1,027
85008
USAA
$1,041
85009
USAA
$992
85012
USAA
$1,025
85013
USAA
$1,008
85014
USAA
$1,041
85015
USAA
$996
85016
USAA
$1,104
85017
USAA
$1,039
85018
USAA
$1,104
85019
USAA
$1,026
85020
USAA
$1,014
85021
USAA
$926
85022
USAA
$886
85023
USAA
$864
85024
USAA
$958
85025
USAA
$879
85026
USAA
$879
85027
USAA
$930
85028
USAA
$1,031
85029
USAA
$954
85031
USAA
$925
85032
USAA
$978
85033
USAA
$923
85034
USAA
$1,041
85035
USAA
$888
85037
USAA
$855
85039
USAA
$855
85040
USAA
$992
85041
USAA
$1,043
85042
American Family
$1,231
85043
USAA
$897
85044
USAA
$892
85045
USAA
$1,205
85048
American Family
$1,231
85050
USAA
$1,122
85051
USAA
$995
85053
USAA
$902
85054
USAA
$1,122
85065
USAA
$1,122
85073
USAA
$1,122
85083
USAA
$1,086
85085
American Family
$1,189
85097
Auto-Owners Insurance
$1,036
85254
USAA
$986
85310
USAA
$938
85331
Auto-Owners Insurance
$1,073
85353
USAA
$863
The most affordable areas for homeowners insurance in Phoenix
With an average home insurance rate of $1,760 per year, the 85083 ZIP code (Peoria Preserve) is the most affordable area for home insurance in Phoenix. Median home values of $650,000 make this one of the most affordable neighborhoods to live in the city.
ZIP code
Average yearly cost
85083
$1,760
85310
$1,762
85085
$1,782
85331
$1,802
85353
$1,805
The most expensive areas for homeowners insurance in Phoenix
With an average home insurance rate of $2,544, the 85019 ZIP code (Alhambra) is the most expensive area for home insurance in Phoenix.
ZIP code
Average yearly cost
85019
$2,544
85017
$2,530
85031
$2,470
85008
$2,422
85065
$2,421
Shopping for homeowners insurance in Phoenix
With so many options to choose from, shopping for the right home insurance may seem like somewhat of a time-consuming task. But with the help of the experts at Policygenius, you'll be on your way to comparing quotes from multiple top companies in no time.
In this section, we break down the average annual home insurance rates in Phoenix for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies for dog and pool owners, and those with a low credit score.
Phoenix home insurance costs by coverage amounts
Dwelling coverage is the section of your homeowners insurance that pays to repair or rebuild your home from the ground up after a covered loss.
Phoenix homes with a dwelling coverage limit of $500,000 pay an average of $271 each month for home insurance — over $90 higher than the city average.
Dwelling coverage amount
Average yearly cost
$100,000
$1,125
$200,000
$1,632
$300,000
$2,162
$400,000
$2,688
$500,000
$3,253
Personal liability coverage is the segment of your home insurance policy that pays for medical, legal, or repair bills if you are found legally responsible for an injury or property damage.
Liability coverage amount
Average yearly cost
$100,000
$2,221
$200,000
$2,058
$300,000
$2,162
$400,000
$1,162
$500,000
$2,261
Phoenix home insurance costs by deductible amount
Your deductible is the amount you’re responsible for paying before your home insurance will begin to pay toward a covered claim.
A lower deductible means higher home insurance rates, but out-of-pocket expenses after a covered loss. Phoenix residents can save over $300 on their home insurance policy by choosing a $1,000 deductible over the $500 option.
Deductible amount
Average yearly cost
$500
$2,491
$1,000
$2,162
$2,000
$2,316
Home insurance discounts in Phoenix
Having safety features installed in your home, like deadbolt locks and home security systems, are a great way to protect your house and earn discounts on your premiums.
Here is the average annual rate and average discount percentage for homes in Phoenix with deadbolts, smoke alarms, or burglar alarms.
Discount
Average yearly cost
Dead bolt
$2,161
Smoke alarm
$2,161
Burglar alarm
$2,114
Home insurance companies in Phoenix for dog owners
If your insurance company considers your dog to be an aggressive breed, it may charge you higher rates due to the increased chance of attacks and liability claims.
But some insurance companies don't weigh this factor as heavily as others, so if you have a pit bull, Rottweiler, or another breed that's considered dangerous, make sure to shop around.
With an average rate of $1,019 per year, USAA has the cheapest home insurance rates in Phoenix for a home with a dangerous dog breed, while Farmers’ average yearly premium of $2,122 is the highest.
Company
Average yearly cost
USAA
$1,019
American Family
$1,239
State Farm
$1,414
Allstate
$1,822
Farmers
$2,122
Home insurance companies in Phoenix for poor credit
Your credit score says a lot about you, such as whether you pay bills on time or how much credit you’ve been issued. But to insurance companies, a poor credit score can be an indicator of risky financial behavior and more frequent home insurance claims. For that reason, some insurers will charge you significantly more for home insurance if you have a low credit score.
With an average rate of $1,835 per year, USAA has the cheapest home insurance rates in Phoenix for a homeowner with poor credit, while Farmers’ average yearly premium of $3,048 is the highest.
Company
Average yearly cost
USAA
$1,835
American Family
$2,123
State Farm
$2,422
Allstate
$2,683
Farmers
$3,048
Home insurance companies in Phoenix for pool owners
Swimming pools require tireless upkeep and maintenance to keep them looking and functioning their best, but Phoenix's frequent scorching hot days make it all worth the trouble. However, pool owners may also see higher home insurance rates, as insurance companies consider swimming pools to be an injury and liability risk.
With an average rate of $1,019 per year, USAA has the cheapest home insurance rates for Phoenix homes that have a swimming pool, while Farmers has the most expensive rates at $2,122 per year.
Company
Average yearly cost
USAA
$1,019
American Family
$1,244
State Farm
$1,414
Allstate
$1,822
Farmers
$2,122
How to buy homeowners insurance in Phoenix
Here are some easy steps to take as you shop for home insurance in Phoenix:
Reach out to a licensed Policygenius agent. We’re here to help! Our team of home insurance experts can help you find the best coverage at a price that suits your budget.
Ask if you should purchase additional personal liability coverage. If you have a pool and it attracts frequent houseguests, ask a Policygenius agent about adding additional liability coverage to your policy to be on the safe side.
Figure out if you need a $500 or $2,000 deductible. A lower deductible means you’ll pay more for home insurance, but you’ll also pay less out of pocket on each claim. A Policygenius agent can help you pick out a deductible that works best for you.
Compare quotes from a Policygenius agent. Once you’ve determined which coverage options work best for you, one of our licensed Policygenius agents can send over quotes from several top companies for you to compare.
Sign the policy, and pay your first premium. Policygenius will handle all of the paperwork for you, including canceling your old policy if it isn’t expired yet. All that’s left to do is sign and pay your first premium.
What is the average home insurance cost in Phoenix?
The average home insurance rate in Phoenix is $2,162 a year or $180 a month. That’s about $22 more per month than the statewide average.
Is home insurance mandatory in Phoenix?
Home insurance isn’t required in Phoenix unless you financed your home with a loan or mortgage. Mortgage lenders require home insurance to protect their investment against catastrophic losses.
Is homeowners insurance cheaper in Phoenix?
Compared to other cities in the area, including Tucson and Las Vegas, home insurance rates in Phoenix are higher. One way to lower your home insurance cost is by comparing quotes online with a Policygenius agent.
Methodology
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
