Best & Cheapest Homeowners Insurance in Chandler, AZ For May, 2024
Nationwide offers the cheapest home insurance choice for Chandler homeowners, with an average annual premium of about $1,025.
After thoroughly assessing home insurance providers in Chandler, Arizona, we’ve determined that Nationwide is the most cost-effective option, with an average yearly premium of $1,025. However, keep in mind that the best insurer for you may depend on your specific circumstances and requirements.
For example, even if your credit score is affected, Nationwide still offers a relatively affordable choice, with an average annual premium of $1,690. Conversely, if you own a newly constructed home, USAA might be the most economical, charging $702 annually.
Moreover, if you have valuable personal belongings needing protection, Nationwide remains a recommended choice, providing comprehensive coverage at a reasonable rate of $1,104 per year.
Our in-depth analysis at Insuranceopedia aims to help you find the ideal home insurance match. We take into account customer ratings, personal experiences, and offer comparison charts to equip you with all the necessary information for a well-informed decision.
How much is homeowners insurance in Chandler, AZ?
In Chandler, Nationwide offers the most affordable homeowners insurance, with an annual cost of $1,025.
As indicated below, the insurance rates in Chandler are lower than both the national average and the average rates for the state of Arizona.
| Area | Average Monthly Rate |
| National | $1,820 |
| Arizona | $1,972 |
| Chandler | $1,788 |
Understanding that insurance rates are not uniform is crucial because they can vary significantly based on several factors.
Cheapest Homeowners Insurance in Chandler, AZ 2024
Our Methodology
In our quest to find the most budget-friendly home insurance rates in Chandler, we gathered data from several home insurance review platforms. These platforms obtained rates from public filings sourced through Quadrant Information Services, and we calculated an average of these rates for our analysis. However, it's important to note that rates from each company can fluctuate frequently and may differ based on your specific circumstances. In addition to the compiled data, our overall rating includes a subjective assessment. This evaluation draws from my fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest homeowners insurance in Chandler, AZ
Nationwide stands out as the top choice for affordable homeowners insurance in Chandler, Arizona, offering an average annual rate of $1,025.
| Company | Annual Premium |
| Nationwide | $1,025 |
| State Farm | $1,232 |
| Chubb | $1,281 |
| Allstate | $1,571 |
| Travelers | $3,024 |
Your insurance premium is influenced by various factors, such as your location, the value of your home, and your claims history. Nationwide provides a well-rounded mix of affordability and comprehensive coverage options.
Cheapest Homeowners Insurance If You Have Poor Credit
Nationwide provides the most budget-friendly option for individuals with poor credit scores, offering an average annual rate of $1,690.
| Insurance Company | Average Annual Premium |
| Nationwide | $1,690 |
| USAA | $2,339 |
| Chubb | $2,641 |
| State Farm | $2,752 |
| Auto-Owners | $5,006 |
Your credit score is a crucial factor in determining your insurance rates, as insurers use it to assess risk. Nationwide recognizes the importance of providing equitable coverage to everyone, irrespective of their financial circumstances.
Cheapest Homeowners Insurance for Newly Constructed Homes
For those who have recently purchased a newly constructed home, USAA provides the most affordable option, with an average annual rate of $702.
| Insurance Company | Average Annual Premium |
| USAA | $702 |
| State Farm | $930 |
| Chubb | $1,142 |
| Country Financial | $1,545 |
| Travelers | $1,680 |
Newly constructed homes often have different coverage needs compared to older properties, and USAA excels in offering affordable policies tailored to meet these specific requirements.
Cheapest Home Insurance Rates for Lots of Personal Property
| Insurance Company | Average Annual Premium |
| Nationwide | $1,104 |
| State Farm | $1,261 |
| Allstate | $1,593 |
| Chubb | $1,698 |
| Travelers | $3,542 |
As your personal property grows, your coverage needs also expand, which can lead to higher premiums. However, Nationwide offers comprehensive coverage at reasonable rates, ensuring that all your belongings are adequately protected.
Best Homeowners Insurance Companies in Chandler, AZ
Selecting the right homeowners insurance isn’t just about fulfilling a need; it’s a strategic choice. Chandler’s homes, steeped in history, are as distinctive as its residents. Thus, finding an insurer that provides comprehensive coverage at competitive rates becomes essential.
To streamline your decision-making, we’ve assembled a list of the top homeowners insurance companies in Chandler, Arizona. These companies were evaluated on criteria like annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Review our comparison chart below to pinpoint the ideal fit for your home insurance requirements.
| Company | Annual Premium |
| Nationwide | $1,025 |
| State Farm | $1,232 |
| Chubb | $1,281 |
| Allstate | $1,571 |
| Travelers | $3,024 |
| Country Financial | $2,350 |
| Farmers | $1,457 |
| Auto-Owners | $5,007 |
Average Home Insurance Rates by Zip Codes
Home insurance prices in Chandler, AZ can differ significantly based on the zip code. Below are tables displaying rates for various zip codes, including both the cheapest and most expensive ones for annual premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 85249 | $1,216 |
| 85212 | $1,258 |
| 85224 | $1,304 |
| 85142 | $1,292 |
| 85248 | $1,223 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85249 | $1,216 |
| 85212 | $1,258 |
| 85248 | $1,223 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85224 | $1,304 |
| 85142 | $1,292 |
| 85225 | $1,280 |
Average Home Insurance Rates in Chandler, AZ by Deductible Amount
The deductible you opt for in your homeowners insurance policy has a significant impact on premium rates in Chandler, AZ. Here’s a breakdown of how average home insurance rates change depending on different deductible amounts:
| Deductible | Annual Rate |
| $500 | $1,288 |
| $1,000 | $1,197 |
| $1,500 | $1,117 |
| $2,000 | $1,057 |
| $5,000 | $860 |
Average Home Insurance Rates in Chandler, AZ By Coverage Amount
The amount of dwelling coverage is a critical factor that affects your premium, representing the maximum sum your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.
Below is a comparison chart illustrating the average annual homeowners insurance premiums for various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $982 |
| $250,000 | $1,197 |
| $300,000 | $1,240 |
| $350,000 | $1,479 |
| $400,000 | $1,682 |
Average Home Insurance Rates in Chandler, AZ by Company
Here’s a comparison of annual premiums from some of the leading insurance companies in Chandler.
| Company | Annual Premium |
| Nationwide | $1,025 |
| State Farm | $1,232 |
| Chubb | $1,281 |
| Allstate | $1,571 |
| Travelers | $3,024 |
| Country Financial | $2,350 |
| Farmers | $1,457 |
| Auto-Owners | $5,007 |
How Much is Homeowners Insurance for Other Cities in Arizona?
Here’s a detailed comparison chart displaying the most budget-friendly insurance companies and their annual premiums across different cities in Arizona.
| City | Annual Premium |
| Scottsdale | $1,938 |
| Phoenix | $2,365 |
| Mesa | $1,955 |
| Tucson | $1,710 |
Getting Online Homeowners Insurance Quotes in Arizona
Platforms like Insuranceopedia make it easy to find tailored coverage that meets your needs with just a few clicks. By offering fast online quotes from top-rated insurers, Insuranceopedia allows you to compare rates effortlessly.
Simply enter your information, and we’ll handle the rest by presenting various options customized to your needs. This empowers you to confidently select a policy that provides the best value, balancing cost and comprehensive coverage effectively.
FAQs
Who has the cheapest home insurance in Chandler, AZ?
Nationwide provides the least expensive homeowners insurance in Chandler, Arizona, with an annual premium of $1,025.
What is the average cost of home insurance in Chandler, AZ?
On average, homeowners insurance in Chandler, Arizona, costs approximately $1,788 per year.
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