Although State Farm is the most expensive option on our best homeowners insurance in Arizona list, it has a lot of perks to offer to homeowners. State Farm has over 19,000 agents nationwide, with local agents available in multiple Arizona cities offering personalized service to the local communities. State Farm may be a good provider for any Arizona homeowner looking for easy policy management. The company offers highly-rated mobile apps and online resources to help you file a claim or manage your policy. Potential discounts for multiple policies, home security systems and even roofing materials could help you earn a lower rate.
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Best homeowners insurance in Arizona for 2023
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At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our .
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our
What To Know First
How Bankrate chose the best home insurance companies in Arizona
Best home insurance companies in Arizona
The average cost of home insurance in Arizona is $1,216 per year for $250,000 in dwelling coverage. Based on data collected from Quadrant Information Services, the J.D. Power 2022 U.S. Home Insurance Study and the attributes reflected in the Bankrate Scores, we determined the top three Arizona homeowners insurance carriers are State Farm, Chubb and Auto-Owners. These data could help you see where a company might fit your needs and where it may fall short. Each company is different, and each homeowner has a unique circumstance, so reviewing several company metrics might help you determine which insurer could be worth a quote.
During your search for the best Arizona home insurance, you may want to compare quotes from three or more of these homeowners insurance companies:
Insurance company | J.D. Power | AM Best | Average monthly premium | Average annual premium | |
---|---|---|---|---|---|
State Farm
3.2
Bankrate Score
|
J.D. Power
829
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$133
|
Average annual premium
$1,593
|
Read review |
Chubb
3.5
Bankrate Score
|
J.D. Power
809
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$98
|
Average annual premium
$1,178
|
Get a quote |
Auto-Owners
3.2
Bankrate Score
|
J.D. Power
825
/1,000 |
AM Best
A++
(Superior)
|
Average monthly premium
$88
|
Average annual premium
$1,054
|
Get a quote |
Nationwide
3.2
Bankrate Score
|
J.D. Power
816
/1,000 |
AM Best
A+
(Superior)
|
Average monthly premium
$63
|
Average annual premium
$759
|
Get a quote |
ASI Progressive
2.8
Bankrate Score
|
J.D. Power
801
/1,000 |
AM Best
A+
(Superior)
|
Average monthly premium
$62
|
Average annual premium
$740
|
Get a quote |
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
*Premiums are for $250K in dwelling coverage

Best home insurance company for complimentary services
3.5 Bankrate ScoreChubb offers homeowners unique complimentary services that could be ideal for some homeowners, such as HomeScan, which can signal potential leaks and electrical hazards, and where more insulation may be needed for maximum home efficiency. The carrier also provides wildfire defense services and a risk consultant who will evaluate homes to ensure you have the coverage and protection you need. Chubb includes water backup coverage and replacement cost on contents in its standard home insurance policies without an additional cost, which is rare for an insurance carrier. Chubb works primarily with high-value homeowners, so it may not be the right fit for everyone. However, its average rates are still below the Arizona average for the $250K dwelling coverage.
Average annual premium
$ 1,054 for $250k dwellingExplore Bankrate's review
Average annual premium
$ 1,054 for $250k dwellingExplore Bankrate's review
In addition to a more competitive average rate than the Arizona average, Auto-Owners also has a robust list of potential discounts homeowners can use to keep their premiums low. Auto-Owners also offers an excellent collection of add-on coverage options, such as guaranteed home replacement cost, water backup of sewers or drains, special personal property, ordinance or law coverage and its signature Homeowners Plus program. However, Auto-Owners scored below average in the 2022 J.D. Power U.S. Insurance Digital Experience Study for service, so homeowners who want to handle their policies online or on their smartphone might want to keep this in mind.

Best home insurance company for property claims satisfaction
3.2 Bankrate ScoreAlthough Nationwide has a lower Bankrate Score than other companies in our study, it still has an impressive amount of policy customizations available. If you want your roof to better withstand high winds, consider Nationwide’s Better Roof Replacement, which helps pay to rebuild your roof with stronger and safer materials after a covered claim. Nationwide also ranks fifth in the J.D. Power U.S. 2022 Property Claims Satisfaction Study. However, Arizona homeowners looking for robust online options may be dissatisfied with Nationwide, as the company ranked second-to-last in the J.D. Power U.S. 2022 Insurance Digital Experience Study.

Best home insurance company for affordable average rates
2.8 Bankrate ScoreASI Progressive may be a good choice if you are looking for the cheapest homeowners insurance in Arizona. This carrier does not have much optional coverage but could be the right fit for homeowners who need basic coverage. Paying in full, getting an advanced quote and going paperless are some ways homeowners may save even more with ASI Progressive. While ASI Progressive ranked above average in the J.D. Power Insurance Digital Experience and Property Claims Satisfaction Studies, it ranked below average in the organization’s Home Insurance Study and has the lowest Bankrate Score on our best Arizona homeowners insurance list. On average, its rates are the most competitive in Arizona for $250K in dwelling coverage.
How much is homeowners insurance in Arizona?
Home insurance in Arizona
Common causes of loss in Arizona
- Flooding: Most of Arizona is at a higher-than-average risk for flooding. The state’s typically dry climate means it is at a high risk for flash floods when heavy rains happen. The ground cannot absorb the moisture quickly enough, causing forceful flows of water.
- Water damage: The same heavy rainfalls that can cause flash floods can also cause other water damage. Rain can find its way into your home via your roof, siding or windows and cause serious damage. Water damage can also happen when sewer and drain lines back up or pipes burst.
- Wildfires: The state of Arizona is highly susceptible to wildfires. In 2021, the Insurance Information Institute estimated that 242,200 properties in Arizona were at-risk of damage caused by a wildfire, an increase from the 2019 projection of 237,900 properties.
Home insurance coverage options in Arizona
- Flood insurance: Flood damage is not covered by standard home insurance policies. Often, you will need to purchase a separate flood insurance policy, although a few companies may offer flood coverage as an endorsement. Because of Arizona’s high risk of flash floods, flood insurance may be well worth considering. This coverage may be optional, but if you live in a flood zone and have a mortgage, you could also be required to have a flood insurance policy.
- Water backup coverage: The same sudden, heavy rains that can lead to flash floods can also overwhelm your sewer and drain lines, causing them to back up into your house. Water backup coverage is a common endorsement and is designed to pay for the damages caused by water backing up into your home.
- Wildfire coverage: Homeowners insurance generally covers fire damage as a common peril, but if you live in an especially high-risk area, you may need a separate policy for higher limits or more extensive coverage against fire damage.
- Replacement cost coverage: Some carriers offer replacement cost as part of the standard coverage package, while others consider it an add-on coverage for which you pay extra. Consider including replacement cost on your dwelling and contents (if available), which will compensate for new building materials and belongings without factoring in depreciation or wear and tear after a covered loss.