How does Arizona home owners insurance rates compare to those of other states? In short, we aren’t the lowest but we aren’t the highest. According to some online sources, the highest home insurance rates can be found in Hawaii with a median annual homeowners’ policy premium of $2,024.40. Compare that to West Virginia which has the lowest median annual homeowners insurance rate of just $348.95.
So how does Arizona compare against other States. Arizona’s median annual rate for homeowners’ insurance is $751.80, Arizona actually doesn’t crack to “top” 10 for lowest rates.
If someone had asked me what the median annual rate is for a homeowners insurance policy in Arizona was, I would have said somewhere between $550 and $650. Maybe that is because we get our clients such good deals I’m used to seeing lower homeowners insurance rates.
If you have not had Insurance Professionals of Arizona shop your homeowners insurance rates, give us a call for a free, no obligation comparison. Call 480-981-6338.