If you are a homeowner in Arizona, it is important to have homeowners insurance. This is because of the state's hazard risks and the possibility of a home fire or flood happening. To protect your investment, you should get a home policy with one of the top insurance companies in Arizona.
Homeowners' Insurance Cost in Arizona
Arizona homeowners pay an average of $1,602 annually for home insurance. It can be a very different cost from one insurance company to another. But you can still find homeowners' insurance that is affordable in Arizona if your shop around.
Installing protection devices at your home will also help you to save money. They can reduce the amount of claims that you file and keep your rates lower. Some of these include smoke detectors, deadbolts locks and burglar alerts.
For homeowners in areas prone of seismic activity, buying a separate insurance policy for earthquakes is essential. This coverage will pay to rebuild or repair your home if an earthquake strikes and it covers a separate deductible.
Earthquake Insurance is not included with homeowners policies, but it can be purchased separately. Your deductible ranges between 10% and 25 percent of your dwelling's insurance limit if you buy it.
Arizona Homeowners Insurance Policy exclusions
Many different issues can affect your home and its contents. Although the average policy includes most normal events including fires (including sinkholes), floods (including earthquakes), power outages (including insect infestations), and nuclear hazards, some of them are usually excluded.
Floods, sinkholes and earthquakes are usually excluded from a home policy in AZ. Also, vermin and insect infestations, nuclear hazards, war, and normal wear and tear. You should carefully read your policy to know what's covered and what's not.
Best Home Insurance Companies for Arizona Homes of Different Types
Country Financial is the best company to insure your home for an average Arizona homeowner. They offer a great rate and excellent customer service. You can choose from a range of coverages, discounts and offers.
Choosing the Right Arizona Homeowners Insurance Provider
The average Arizona house is worth well over $200,000. The property you own could be at risk of damage due to a wide range of factors. In order to protect yourself and your property, you need to purchase homeowners insurance that covers all types of risks. This includes theft, vandalism, fires and other natural disasters.
A number of factors can influence the cost of homeowner's insurance, including credit scores, home value, and roof quality. You may also see your rate calculated by your insurer based on how much deductible you choose.
Nationwide Insurance offers a homeowners insurance quote for free by calling 1-877-OnYourSide. Our experts can help you figure out your coverage needs and compare quotes from multiple top companies.
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