Arizona Home Insurance Average Cost and Coverages

Are you shopping for home insurance in Arizona?

Whether you own or rent, AAA has the coverage you need for your home. 

You’ve likely heard the adage “hope for the best, prepare for the worst.” It’s sound advice, and is the same idea when opting for home insurance.

Hopefully you’ll never need this kind of coverage, but if a fire damages your home or a tree falls onto your roof, you’ll be glad you have home insurance to compensate you for your losses. Home insurance can also protect you financially if someone is injured on your property and sues you to pay their medical expenses.

While policies vary, it’s important to understand the basics, and few differences, so you can purchase the best coverage for you and your home.

What Does Home Insurance Cover?

Homeowners insurance covers damage sustained by your home and belongings in the event of a fire, lightning, smoke, theft, vandalism, water, wind, and more.

A standard home insurance policy protects:

  • Your home. Your policy’s dwelling coverage reimburses you for the costs of repairing or rebuilding your home when it’s damaged in a fire or any other disaster listed in your policy. Dwelling coverage generally covers the structure of your home and its built-in appliances.

  • Other structures. If structures on your property that aren’t connected to your home get damaged by a covered peril (such as fire)—like a fence, shed, greenhouse, swimming pool, or detached garage—standard home insurance coverage comes to the rescue.

  • Your belongings. If a water pipe bursts or fire damages your home, then your belongings (e.g., clothing, furniture, and portable electronics) may get damaged too. Your policy’s personal property coverage will help reimburse you for the damage. Keep in mind that most policies have limits on rare or valuable items like jewelry or antiques; so if you want to protect your vintage vinyl collection, talk to your agent about special coverage.

  • Housing expenses if you need to vacate. If you need to live elsewhere while your home is being repaired or rebuilt, loss of use coverage—also called additional living expenses coverage—pays for your living expenses in your temporary home. This might include the cost of a hotel or temporary rental as well as things like fuel costs (if you need to flee the area) and pet boarding expenses.

  • Medical bills if someone gets hurt on your property. If a guest slips in your home and breaks their hip, your policy’s personal liability coverage may pay for their medical bills, lost wages, and certain other expenses. And if they take you to court, the policy may handle the defense. Personal liability also swings into action if you visit a friend and damage their home, like if you accidentally knock over a candelabra and set the carpet on fire.

How Much is Homeowners Insurance in Arizona?

The average annual home insurance premium in Arizona is $1,105, although various factors determine your rate, such as your home’s value, when it was built, your personal insurance history, the coverage limits you choose, and even what type of dog you own (especially if your pup’s breed is prone to biting).

See how you qualify with a free home insurance quote from AAA.

Desert Dreams

Scores of people have been relocating to Arizona to enjoy the state’s sunny climate, breathtaking desert landscapes, booming economy, and reasonable cost of living. As an Arizonan, you needn’t venture far to experience a natural wonder—from the Grand Canyon to Sedona to Petrified Forest National Park.

The Phoenix-Mesa-Scottsdale area has become especially popular. In fact, it’s now the country’s fastest-growing metro area, thanks in part to ample job opportunities, especially in the economic, tech, bioscience, and manufacturing industries. As of 2020, three out of four new residents moved to Phoenix from elsewhere; so if you’re thinking of moving to the city, you’ll find lots of other transplants who might be looking for new friends.

Bundle and Save with AAA

AAA offers multi-policy discounts that make it easy to save. Enjoy the convenience of bundling your AAA Home and Auto Insurance and save up to 10 percent on companion auto insurance, for example.

AAA Home Insurance Add-ons

A standard homeowners policy works for many people, but depending on your situation, you may need extra coverage.

Standard policies don’t cover flood damage, so purchasing flood insurance is a smart move. That way, you’ll be compensated if your home, cabinets, carpets, appliances, or belongings are damaged.

If your home is damaged and you need to repair or rebuild it , that new work must meet local building codes, which may result in additional, unexpected costs. Building code coverage, available from AAA, can help offset those additional expenses incurred due to a covered loss.

AAA also offers coverage with increased limits for jewelry and watches in case of theft. So if you own a few treasured pieces, consider this add-on.

Identity fraud is a growing concern, and identity theft coverage can often be added onto your home insurance policy. AAA Home Insurance includes identity theft coverage up to $15,000 for expenses related to a stolen identity.

If you own rental property, you want to make money on your investment—not lose it. So when disaster strikes, landlord insurance can protect you. This type of policy covers building damage from perils like fire, wind, hail, electric malfunction, and vandalism. It also covers damage to kitchen appliances or any furnishings that you provide for tenants. And if a tenant or visitor tumbles down the stairs and gets hurt, your policy’s liability protection may cover their medical expenses too.

AAA offers homeowners insurance you can trust with flexible policies that can be adapted to your needs. To get a free Arizona homeowners insurance quote, talk to an agent today.

Insurance products in Arizona are offered through AAA Arizona Inc., License #8301727 and Sunstate Insurance Agency, LLC, License #17203444. Insurance products in California are offered through AAA Northern California Insurance Agency, License #0175868, in Montana by AAA Montana, Inc., License #9756, in Nevada by AAA Nevada and in Utah by AAA Utah. The provider of AAA Auto and Home Insurance is CSAA Insurance Group, a AAA Insurer. Products and their features may not be available in all states. All policies are subject to policy terms, underwriting, guidelines and applicable laws.