Best & Cheapest Homeowners Insurance in Tucson, AZ For May, 2024
State Farm offers the cheapest home insurance option for Tucson homeowners, averaging around $1,178 per year.
After thoroughly evaluating home insurance providers in Tucson, Arizona, we found that State Farm stands out as the most budget-friendly option, with an average annual premium of $1,178. However, it’s important to note that the best insurer for you can vary based on your individual circumstances and needs.
For instance, if your credit score has been affected, Nationwide is the most economical choice, with an average yearly premium of $1,670. Conversely, for owners of older homes, State Farm offers competitive rates at $1,272 annually, along with comprehensive coverage.
On the other hand, for owners of newly constructed homes, USAA proves to be the most affordable option, charging $813 per year. And for individuals with a claims history, Chubb provides an affordable solution at $1,982 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 $1,240 per year.
Our detailed analysis at Insuranceopedia aims to assist you in finding the perfect match for your home insurance needs. We consider 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 Tucson, AZ?
In Tucson, State Farm offers the most affordable homeowners insurance, with an annual cost of $1,178.
As indicated below, the insurance rates in Tucson 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 |
| Tucson | $1,710 |
Recognizing that insurance rates aren’t uniform is essential because they can vary significantly based on several factors.
Cheapest Homeowners Insurance in Tucson, AZ 2024
Our Methodology
In our pursuit of the most affordable home insurance rates in Tucson, we examined data from various home insurance review platforms. These platforms collected rates from public filings acquired through Quadrant Information Services, and we calculated an average of these rates for our analysis. However, it's crucial to understand that rates from each company can change frequently and may vary depending on your individual circumstances. Alongside the aggregated data, our overall rating incorporates a subjective evaluation. This assessment 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
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Cheapest homeowners insurance in Tucson, AZ
State Farm is the leading option for affordable homeowners insurance in Tucson, Arizona, with an average annual rate of $1,178.
| Company | Annual Premium |
| State Farm | $1,178 |
| Chubb | $1,215 |
| Farmers | $1,403 |
| Allstate | $1,899 |
| Travelers | $3,060 |
Your insurance premium is influenced by multiple factors including your location, the value of your home, and your claims history. State Farm offers a balanced blend of affordability and comprehensive coverage options.
Cheapest Homeowners Insurance In Tucson If You Have an Older Home
For homeowners with older properties, State Farm offers the most economical rates, averaging $1,272 per year.
| Insurance Company | Average Annual Premium |
| State Farm | $1,272 |
| Farmers | $1,368 |
| Allstate | $1,564 |
| Progressive | $1,970 |
| Travelers | $4,630 |
Older homes often come with unique risks and maintenance challenges that can lead to higher insurance expenses. Nevertheless, State Farm offers competitive rates and comprehensive coverage tailored to address the specific needs associated with older homes.
Cheapest Homeowners Insurance If You Have Poor Credit
Nationwide offers the most budget-friendly option for individuals with poor credit scores, providing an average annual rate of $1,670.
| Insurance Company | Average Annual Premium |
| Nationwide | $1,670 |
| State Farm | $2,180 |
| Allstate | $2,420 |
| Chubb | $2,661 |
| Auto-Owners | $9,530 |
Your credit score plays a significant role in determining your insurance rates, as insurers utilize it to evaluate risk. Nationwide acknowledges the importance of offering fair coverage to all individuals, 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 $813.
| Insurance Company | Average Annual Premium |
| USAA | $813 |
| State Farm | $1,016 |
| Chubb | $1,078 |
| Allstate | $1,344 |
| Auto-Owners | $2,814 |
Newly constructed homes often require different coverage compared to older properties, and USAA stands out in providing affordable policies tailored to meet these specific needs.
Cheapest Home Insurance Rates for Lots of Personal Property
| Insurance Company | Average Annual Premium |
| State Farm | $1,240 |
| Farmers | $1,456 |
| Chubb | $1,599 |
| Allstate | $2,011 |
| Travelers | $3,548 |
As your personal property grows, your coverage needs also increase, which can potentially result in higher premiums. However, State Farm provides comprehensive coverage at reasonable rates, ensuring that all your belongings are adequately protected.
Cheapest Home Insurance In Tucson for a History of Claims
| Insurance Company | Average Annual Premium |
| Chubb | $1,982 |
| Nationwide | $2,503 |
| Allstate | $2,788 |
| Country Financial | $2,957 |
| Travelers | $4,890 |
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 Tucson, AZ
Choosing the right homeowners insurance isn’t merely a matter of necessity; it’s a strategic decision. Tucson’s homes, rich in history, are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates becomes crucial.
To simplify your decision-making process, we’ve compiled a list of the top homeowners insurance companies in Tucson, Arizona. These companies were assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below to identify the perfect match for your home insurance needs.
| Company | Annual Premium |
| State Farm | $1,178 |
| Chubb | $1,215 |
| Farmers | $1,403 |
| Allstate | $1,899 |
| USAA | $1,189 |
| Country Financial | $1,830 |
| Travelers | $3,060 |
| Auto Owners | $4,199 |
Average Home Insurance Rates by Zip Codes
Home insurance prices in Tucson, 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) |
| 85705 | $1,640 |
| 85719 | $1,652 |
| 85746 | $1,607 |
| 85730 | $1,637 |
| 85756 | $1,608 |
Cheapest Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85748 | $1,579 |
| 85710 | $1,609 |
| 85756 | $1,608 |
| 85715 | $1,604 |
| 85714 | $1,628 |
Most Expensive Zip Codes
| ZIP Code | Average Insurance Premium (Annual) |
| 85712 | $1,670 |
| 85716 | $1,655 |
| 85745 | $1,667 |
| 85705 | $1,640 |
| 85721 | $1,678 |
Average Home Insurance Rates in Tucson, AZ by Deductible Amount
The deductible you opt for in your homeowners insurance policy has a significant impact on premium rates in Tucson, AZ. Here’s a breakdown of how average home insurance rates change depending on different deductible amounts:
| Deductible | Annual Rate |
| $500 | $1,280 |
| $1,000 | $1,230 |
| $1,500 | $1,456 |
| $2,000 | $1,686 |
| $5,000 | $1,909 |
Average Home Insurance Rates in Tucson, 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 | $1,237 |
| $250,000 | $1,424 |
| $300,000 | $1,640 |
| $350,000 | $1,879 |
| $400,000 | $2,008 |
Average Home Insurance Rates in Tucson, AZ by Company
| Company | Annual Premium |
| State Farm | $1,178 |
| Chubb | $1,215 |
| Farmers | $1,403 |
| Allstate | $1,899 |
| USAA | $1,189 |
| Country Financial | $1,830 |
| Travelers | $3,060 |
| Auto Owners | $4,199 |
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 |
| Glendale | $1,878 |
Getting Online Homeowners Insurance Quotes in Arizona
Helpful platforms such as Insuranceopedia simplify the task of finding customized coverage to meet your needs with just a few clicks. By providing quick online quotes from top-rated insurers, Insuranceopedia allows you to easily compare rates.
All you need to do is input your information, and we’ll take care of the rest by presenting a range of options tailored to your needs. This enables you to confidently choose a policy that offers the best value, striking the perfect balance between cost and comprehensive coverage.
FAQs
Who has the cheapest home insurance in Tucson, AZ?
State Farm provides the least expensive homeowners insurance in Tucson, Arizona, with an annual premium of $1,178.
What is the average cost of home insurance in Tucson, AZ?
On average, homeowners insurance in Tucson, Arizona, costs approximately $1,710 per year.
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