Homeowners insurance in Arizona will protect your home and belongings from a variety of losses. Fire, natural disasters and theft are just a few of the many perils that can cause damage to your home. You are also covered for liability if your actions result in damage to property of another or injuries to third parties.
USAA offers the cheapest homeowners' insurance in Arizona. Its average rates for a $400K house are $1,216 annually, which works out to a monthly rate of $134.
Comparing several Arizona homeowners insurance companies is a good idea before you choose one. Some have better customer service, while others offer more flexibility in how you use your coverage. Some offer discounts for installing security systems and other features.
Check your policy annually.
Every year, you should review your homeowner's insurance to make sure that it is adequate for the risks you may face. Your agent should be informed of any changes made to the home or landscaping, such as renovations, sprinklers, sheds and pools.
Ask your insurance agent about a deductible.
The higher your deductible is, the lower you will pay for premiums. If you have a $1,000 deductable and your kitchen is destroyed, for instance, you will be responsible for paying the contractors that repair the home, but the insurer pays the rest.
You should also consider purchasing replacement cost coverage, which replaces your items at a reasonable price. This is particularly important if you own expensive jewelry, electronics or other valuables.
If you're considering a mortgage, it's likely your lender will require homeowners insurance. If you don't own a home, homeowners insurance will protect you in the event of a disaster.
Get a quote for home insurance from an independent agent in your area. Comparing policies and learning about available discounts can help you lower the cost of your homeowners' insurance.
Shop around for the most appropriate coverage, especially if moving is on your agenda. Get a quote for comprehensive home insurance in your new location. This will protect you from any weather or disaster related damage.
It is also smart to assess your rebuilding costs. Arizona is prone to severe damage caused by wind, hail and monsoons rains.
Mercury can help protect your property and understand the dangers that come with living in your area, whether you're in Phoenix, Tucson or Scottsdale. Your local agent will also conduct a home inspection at no cost to you so that your property is protected.
You are looking to purchase a new property in Arizona.
You should have the proper homeowners insurance when you move to Arizona. The right coverage can save you hundreds of thousands in the end.
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