Best & Cheapest Homeowners Insurance in Mesa, AZ For May, 2024
Nationwide offers the lowest-cost home insurance for homeowners in Mesa, with an average yearly premium of $1,098.
After conducting a thorough review of home insurance providers in Mesa, Arizona, we’ve found that Nationwide stands out as the most cost-effective option, with an average annual premium of $1,098. However, it’s important to note that the best insurer for you can vary depending on your specific circumstances and needs.
For instance, if your credit score is lower, Nationwide remains the most affordable choice, with an average yearly premium of $1,782. On the other hand, for owners of older homes, State Farm offers competitive rates at $1,370 annually, along with comprehensive coverage.
Conversely, for owners of newly constructed homes, USAA emerges as the most economical option, charging $917 per year. And for individuals with a history of claims, Chubb provides an affordable solution at $1,996 annually, while also being understanding of your situation.
Lastly, if you have valuable personal property that requires protection, State Farm remains the recommended choice, providing extensive coverage at a reasonable rate of $1,264 per year.
Our comprehensive analysis at Insuranceopedia is designed to assist you in finding the perfect match for your home insurance needs. We evaluate customer ratings, review personal experiences, and offer comparison charts to provide you with all the necessary information to make a well-informed decision.
How much is homeowners insurance in Mesa, AZ?
Nationwide offers the most affordable homeowners insurance rate in Mesa, with an annual cost of $1,098.
As indicated below, insurance rates in Mesa are higher than the national average but slightly lower than the average rates for the state of Arizona.
| Area | Average Monthly Rate |
| National | $1,820 |
| Arizona | $1,972 |
| Mesa | $1,955 |
Understanding that insurance rates are not standardized is crucial because they can vary significantly based on various factors.
Cheapest Homeowners Insurance in Mesa, AZ 2024
Our Methodology
In our search for the most affordable home insurance rates in Mesa, we conducted an analysis using data from various home insurance review platforms. These platforms gathered rates from public filings acquired through Quadrant Information Services, and we calculated an average of these rates for our evaluation. However, it's essential to understand that rates from each company can change frequently and may vary based on your individual circumstances. Furthermore, our overall rating includes my subjective assessment. This evaluation is based on 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 Mesa, AZ
Nationwide stands out as the top choice for affordable homeowners insurance in Mesa, Arizona, with an average annual rate of $1,098.
| Company | Annual Premium |
| Nationwide | $1,098 |
| State Farm | $1,245 |
| Chubb | $1,278 |
| Allstate | $1,884 |
| Travelers | $3,290 |
Your insurance premium is influenced by several factors, including your location, home value, and claims history. Nationwide offers a balanced combination of affordability and comprehensive coverage options.
Cheapest Homeowners Insurance In Mesa If You Have an Older Home
If you own an older home, State Farm offers the most economical rates, averaging $1,370 per year.
| Insurance Company | Average Annual Premium |
| State Farm | $1,370 |
| Farmers | $1,540 |
| Allstate | $1,782 |
| Progressive | $1,956 |
| Travelers | $6,198 |
Older homes often come with unique risks and maintenance challenges that can lead to higher insurance costs. However, State Farm offers competitive rates and comprehensive coverage specifically designed to address the needs associated with older homes.
Cheapest Homeowners Insurance If You Have Poor Credit
Nationwide offers the most affordable option for individuals with poor credit scores, with an average annual rate of $1,782.
| Insurance Company | Average Annual Premium |
| Nationwide | $1,782 |
| USAA | $2,560 |
| Chubb | $2,639 |
| Allstate | $3,778 |
| Travelers | $10,567 |
Your credit score plays a significant role in determining your insurance rates, as insurers use it to evaluate risk. Nationwide understands the importance of offering fair coverage to everyone, regardless of their financial situation.
Cheapest Homeowners Insurance for Newly Constructed Homes
If you’ve recently bought a newly constructed home, USAA offers the most affordable option, with an average annual rate of $917.
| Insurance Company | Average Annual Premium |
| USAA | $917 |
| State Farm | $1,040 |
| Chubb | $1,097 |
| Allstate | $1,231 |
| Auto-Owners | $3,620 |
Newly constructed homes often require unique coverage compared to older properties, and USAA excels in providing affordable policies tailored to meet these specific requirements.
Cheapest Home Insurance Rates for Lots of Personal Property
| Insurance Company | Average Annual Premium |
| State Farm | $1,264 |
| Farmers | $1,582 |
| Chubb | $1,690 |
| Allstate | $1,931 |
| Country Financial | $2,752 |
As your personal property expands, your coverage needs also increase, which can result in higher premiums. However, State Farm provides comprehensive coverage at fair rates, ensuring that all your belongings are adequately protected.
Cheapest Home Insurance In Mesa for a History of Claims
| Insurance Company | Average Annual Premium |
| Chubb | $1,996 |
| Nationwide | $2,645 |
| Allstate | $3,002 |
| Farmers | $3,186 |
| Travelers | $5,206 |
Having a history of claims can indicate increased risk for insurers, often leading to higher premiums. However, Chubb believes in providing second chances and offers reasonable rates for individuals with previous claims.
Best Homeowners Insurance Companies in Mesa, AZ
Choosing the right home insurance isn’t just about necessity; it’s a strategic decision. Mesa’s homes are diverse, just like its residents. Therefore, finding an insurance provider that offers thorough coverage at competitive rates is crucial.
To simplify your decision-making process, we’ve compiled a list of the top home insurance companies in Mesa, Arizona. These companies were evaluated based on their yearly premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below to find the best fit for your home insurance needs.
| Company | Annual Premium |
| Nationwide | $1,098 |
| State Farm | $1,245 |
| Chubb | $1,278 |
| Allstate | $1,884 |
| Travelers | $3,290 |
| MetLife | $1,407 |
| Farmers | $1,530 |
| Auto-Owners | $5,621 |
Average Home Insurance Rates by Zip Codes
The price of home insurance in Mesa, Arizona, can differ significantly depending on the zip code. Below are tables displaying rates for various zip codes, including the least and most expensive ones for yearly premiums.
| ZIP Code | Average Insurance Premium (Annual) |
| 85209 | $1,248 |
| 85212 | $1,254 |
| 85207 | $1,265 |
| 85201 | $1,439 |
| 85202 | $1,407 |
| 85204 | $1,399 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85209 | $1,248 |
| 85212 | $1,254 |
| 85207 | $1,265 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85201 | $1,439 |
| 85202 | $1,407 |
| 85204 | $1,399 |
Average Home Insurance Rates in Mesa, AZ by Deductible Amount
The deductible amount you select for your homeowners insurance policy has a significant impact on premium rates in Mesa, AZ. Here’s how average home insurance rates vary based on different deductible amounts:
| Deductible | Annual Rate |
| $500 | $1,399 |
| $1,000 | $1,278 |
| $1,500 | $1,192 |
| $2,000 | $1,117 |
| $5,000 | $930 |
Average Home Insurance Rates in Mesa AZ By Coverage Amount
The dwelling coverage amount is a crucial factor influencing your premium, representing the maximum sum your insurance company will pay to rebuild or repair your home in case of damage or destruction.
Here’s a comparison chart illustrating the average annual homeowners insurance premiums for various dwelling coverage amounts.
| Dwelling Coverage Amount | Average Annual Premium |
| $200,000 | $1,084 |
| $250,000 | $1,263 |
| $300,000 | $1,463 |
| $350,000 | $1,612 |
| $400,000 | $1,788 |
Average Home Insurance Rates in Mesa AZ by Company
| Company | Annual Premium |
| Nationwide | $1,098 |
| State Farm | $1,245 |
| Chubb | $1,278 |
| Allstate | $1,884 |
| Travelers | $3,290 |
| MetLife | $1,407 |
| Farmers | $1,530 |
| Auto-Owners | $5,621 |
How Much is Homeowners Insurance for Other Cities in Arizona?
The following is a detailed comparison chart that showcases the cheapest annual premiums across various cities in Arizona.
| City | Annual Rate |
| Glendale | $1,927 |
| Phoenix | $2,365 |
| Scottsdale | $1,938 |
| Tucson | $1,710 |
| Chandler | $1,788 |
Getting Online Homeowners Insurance Quotes in Arizona
Platforms like Insuranceopedia simplify the task of finding customized coverage that fits your requirements with minimal effort. By providing quick online quotes from reputable insurers, Insuranceopedia allows you to easily compare rates.
All you need to do is enter your information, and we’ll take care of the rest by presenting a range of options tailored to your needs. This empowers you to confidently choose a policy that offers excellent value, striking the right balance between cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Mesa, AZ?
Nationwide provides the least expensive homeowners insurance in Mesa, Arizona, with an annual premium of $1,098.
What is the average cost of home insurance in Mesa, AZ?
On average, homeowners insurance in Mesa, Arizona, costs approximately $1,955 per year.
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