How to find affordable homeowners insurance in Tucson
One of the most important aspects of homeownership is home insurance. Along with your personal belongings, homeowners insurance covers your dwelling in the event of many perils, including theft, fire, wind damage, and vandalism. Given the relatively frequent occurrence of these incidents and the significant cost of replacing a home, having a home insurance policy is a solid investment.
What you pay for homeowners insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your home also contributes to the price of your homeowners insurance policy. In areas prone to perils likefrozen pipes, hail, windstorms, or wildfires, home insurance rates may be higher to account for the extra risk. Discover more info about what a home insurance policy covers.
If you want to find cheap homeowners insurance in Tucson, start with looking around and comparing a variety of different policies. . Take a look at the summary below showing average Tucson homeowners insurance rates to ensure you start your search with as much background info as possible. Remember: your homeowners insurance costs may vary based on your coverage limits and other factors.
Tucson, Arizona, homeowners insurance — table of contents:
- Rates by insurer
- Rates by coverage amount
- Rates by neighborhood
- Rates by deductible level
- Bundling discounts
Homeowners insurance in Tucson by company
Homeowners insurance rates in Tucson vary from one insurance company to another. CSAA offers the most affordable home insurance in Tucson, at just $655 per year. This compares favorably to the city’s average homeowners premium of $1,195.
To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Tucson, Arizona.
AFFORDABLE HOMEOWNERS INSURANCE COMPANIES IN TUCSON
|Company||Average Annual Rate|
|Iowa Farm Bureau||$814|
Average homeowners insurance costs in Tucson by coverage levels
The level of homeowners coverage you select has an impact on your insurance rates. In Tucson, carrying $200K dwelling coverage costs an average of $887, while carrying additional coverage up to $400K costs $1,631/year.
HOMEOWNERS INSURANCE RATES IN TUCSON — POPULAR COVERAGE LIMITS
|Coverage Level||Average Annual Rate|
Tucson home insurance prices by ZIP code
Home insurance costs can vary depending on what area of Tucson in which you live. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the neighborhood you live in could have a huge impact in what you pay for homeowners insurance.
The cheapest home insurance rates in Tucson are available in 85739. In 85739, the typical home insurance policy costs $1,067 per year — $128 less than the citywide average in Tucson. The below table shows the best places to live in Tucson if you’re looking for affordable homeowners insurance.
AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN TUCSON
|ZIP Code||Average Annual Home Insurance Rate|
On the other hand, some areas of Tucson face higher homeowners insurance costs, on average. Crime rates, fire risk, and even your how close you are to emergency services could lead insurance companies to see certain neighborhoods as higher risk, which could drive up area rates. With an annual average premium of $1,273, 85713 comes in as the costliest ZIP code in Tucson for home insurance.
EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN TUCSON
|ZIP Code||Average Annual Home Insurance Rate|
Homeowners insurance deductibles in Tucson
Among the plethora of decisions faced by homeowners when buying a homeowners insurance policy is how high or low to set the deductible. A deductible is the amount for which a homeowner is responsible before the insurer will cover a claim. Choosing where to set your deductible can have a major impact on how much you pay for your coverage.
When choosing a deductible, keep in mind that the higher your deductible is, the lower your premiums will be. As such, if you want your insurance rates to remain low, aim for a higher deductible. It's worth remembering that your deductible should only be as high as you can reasonably pay in the event of a loss.
Below you'll find some popular deductibles offered by most home insurance companies alongside with related average insurance premiums.
HOME INSURANCE RATES BY DEDUCTIBLE LEVEL IN TUCSON
|Deductible Level||Average Annual Homeowners Insurance Rate|
Money-saving tip: bundle home and auto insurance in Tucson
If you’re seeking savings on your overall insurance costs, consider purchasing your home and auto policies from the same insurance company. Bundling home and auto insurance can save you a substantial sum each month on your auto insurance bill. Bundling policies in Tucson could, in fact, lead to average annual savings of 16%.
CHEAPEST CAR INSURANCE WITH A POLICY BUNDLE IN TUCSON
|Company||Avg. Annual Auto Insurance Rate (With Bundle)|
It's definitely worth considering bundling both your auto and home policies as a potential way of saving money.