The Best Homeowners Insurance In Arizona For 2024

State Farm was our number one selection for homeowners insurance in Arizona. It has a stable, strong financial foundation and gets the top most rating from AM Best of A++. J.D. Power also gives State Farm a very good rating–829 of 1000–in customer satisfaction, due to  its numerous positive online reviews from satisfied policyholders. There are numerous local offices, agents and claim representatives in Arizona, State Farm can be counted on to provide fast, convenient service.

This insurer has much to recommend it with multiple positive features and affordable premiums. You get coverage from events such as Identity Protection and credit card fraud, for example. HOA members who must follow rigid codes may find themselves in violation of these codes if they have to rebuild their home after a covered loss. State Farm will provide you with legal assistance if necessary, and the cost of purchasing new materials needed to be in compliance with your HOA. These features and others are examples of the loss protection State Farm provides.

If you decide that State Farm is the insurer you want to go with for your homeowner insurance, it’s quick and easy to go online and get started. You can take the preliminary steps on the internet, but State Farm doesn’t allow you to purchase coverage online, so you’ll have to meet with one of their agents for that. Once you’re a policyholder, you’ll have access to your State Farm account online either via the app or website. Many busy people see online service as a big plus because of its time and hassle free convenience. You’ll be able to enroll in autopay, pay your premium, choose paperless billing, or even file claims online. The website also offers a resource library that has much good information about insurance.

Customers award Farmers high ratings for policy perks and online experience, too. These positive ratings for online experience may be because of this company’s user-friendly explanations of their policy perks, along with how they might affect your coverage and also have a bearing on how much premium you pay. If you need homeowners insurance, Farmers’ policy perks may influence your decision about which carrier you select.

• Discount if Claim Free: Being claim-free for three years or more means you might get a discount
• Deductible Declines: You’ll get $50 taken off the amount of your deductible for each year your policy is active
• Claim Forgiveness: iNo claims for a minimum of 5 years and your premium won’t increase if you do have to file a claim
• Replacement Cost Guaranteed: No matter the price, you will receive the entire cost of rebuilding or repairing your home because of a covered loss
• Multi Line Policies: Insuring multiple types of coverage, such as auto and homeowners, and get a discount of up to 34%

J.D. Power rates Farmers highly with a score of 9.3/10. This rating would probably be  better if not for the higher than average negative reviews from policyholders

AM Best gives Nationwide the highest rating of A++ for its financial strength. Customer satisfaction reviews aren’t quite as high, but this insurer is a top company with a lot to recommend it. The many local offices, agents, and claims adjusters ensure convenient, quick service.

If you prefer to have policy options available, you’ll like the extra options provided by Nationwide, some of which aren’t offered in standard home insurance coverage from similar carriers. You’ll get reimbursement for ID theft and credit card fraud, for example. If you find yourself at the mercy of your HOA and must repair or rebuild your home with extremely rigid codes due to a covered loss, Nationwide will provide you with the service of an attorney to help you get in compliance. It gives you extra coverage for labor and materials necessary, too.

Better Roof Replacement provides added coverage if you must purchase new roofing materials after a covered loss.

Brand New Belongings is a helpful option made available by Nationwide. You get reimbursed for the loss or damage to your belongings, minus depreciation. You just buy replacements for  those items, send your receipts to Nationwide, and receive reimbursement minus the difference between what you paid for the replacements and their depreciation.

Chubb is tops in affordable rates, especially for high-end homes. Its premium costs about  $1,435.00 annually, which is less than the average rate of  $1,530.00 a year in Arizona.

Arizona homeowners have good things to say about Chubb overall. They seem to like its affordable rates and features not often present in standard home insurance. If your house is damaged or destroyed by a covered loss, for example, Chubb won’t force you to rebuild.

You can opt to receive a cash settlement instead. Other features like individualized claims, property management services for a second home, high-tech property inspections, and more are helpful to many people. Besides its features, Chubb also has add-ons, such as options available besides its standard homeowners insurance.

Coverage for replacement of home and personal belongings, breakdown of equipment, water backup, and other incidents. You’ll get additional coverage for the extended replacement cost of your home and property, even if the value has depreciated since it was purchased.

While the average number of discounts for home insurance nationwide is seven, Allstate offers eleven. Discounts are important because they’re a way for you to save money on your premium. Allstate has an excellent reputation within the insurance industry and with customers in Arizona and across the United States. I, along with a lot of home insurance analysts, believe Allstate to be one of the best companies around.

Allstate’s discounts include:

Automatic Payment: If you enroll in auto-pay where your premiums are deducted from your checking account automatically, you get a 5% discount

• Bundle: Purchasing more than one line of coverage—such as auto and home- and get as much as a 25% discount
• New Home Buyer: Buying a new home might mean getting a discount
• Responsible Payment: Pay your premium on time to build a good payment record and get rewarded with discount
• Deductible Reward: When you buy an Allstate insurance policy, you’ll get $100 taken off your existing deductible
• Loyalty: Renew your Allstate policy and get a ten percent discount
• Claims Forgiveness: Allstate has optional coverage that will prevent your premiums from increasing after a claim
• New Home: A newly built home may be eligible for a discount
• Claims Free: Go a year without any claims and get a discount of 5% when you renew your policy
• Early Payment: If you purchase a new policy within one week of the renewal of your old policy, you get a ten percent discount
• Protective Device: The installation of protective theft and fire devices could get you a discount

Allstate has more than the U.S. average number of home insurance policy discounts, with 11 available. In addition to the more basic options such as Identity Theft and credit card fraud, Allstate has other, less common discounts for its customers. For example, you receive coverage for such outdoor things as riding mowers and landscaping.