Homeowners Insurance in Phoenix, AZ

For a home at Phoenix's median value of $420,700, we estimate about $1,270 a year — +6% versus the Arizona NAIC average of $1,194.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Phoenix

Est. premium

$1,270

$106/mo · median home

Median home value

$420,700

Arizona: $394,500

Median year built

1985

Census ACS

Owner-occupied

57.3%

of households

Hazard score

82.2

state ref. 80.6

Phoenix's estimate reflects its home values (7% higher than the state median) and FEMA's hazard profile for Maricopa County.

Natural hazard risk in Phoenix

FEMA National Risk Index — Maricopa County
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Very High	99.5	Comprehensive (car); roof claims (home)
Tornado	Relatively Moderate	84.0	Comprehensive; dwelling
Hurricane	Very Low	26.6	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Very High	99.9	Comprehensive; home needs a separate flood policy
Coastal flooding	Not rated	—	Comprehensive; home needs a separate flood policy
Strong wind	Very High	99.1	Comprehensive; dwelling
Winter weather	Relatively Low	38.7	Collision (icy roads); frozen pipes (home)
Wildfire	Relatively High	99.6	Comprehensive; dwelling
Earthquake	Relatively Moderate	96.8	Home needs a separate earthquake policy
Lightning	Relatively High	95.5	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Phoenix

Dwelling value	Wood frame	Brick / masonry
$200,000	$700	$645
$300,000	$970	$890
$500,000	$1,455	$1,340
$750,000	$2,015	$1,855

Home Insurance Estimator

Estimated annual premium

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Per month

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Homeowners insurance by ZIP code in Phoenix

ZIP	Median home value	Owner-occupied	Est. premium
85032	$416,800	57.8%	$1,260
85041	$347,100	72.5%	$1,090
85008	$358,000	31.3%	$1,115
85033	$292,800	57.5%	$950
85037	$330,200	59.9%	$1,045
85022	$425,200	52.3%	$1,280
85035	$275,600	46.6%	$905
85009	$236,100	51.1%	$800
85029	$345,600	54.5%	$1,085
85353	$388,700	69.3%	$1,190
85017	$286,700	44.4%	$935
85042	$398,000	67.6%	$1,215
85051	$326,300	55.2%	$1,035
85254	$785,700	72.0%	$2,090
85086	$598,900	85.2%	$1,685
85015	$345,000	34.6%	$1,085
85043	$343,400	65.6%	$1,080
85021	$470,400	39.4%	$1,390
85027	$354,800	56.5%	$1,105
85044	$474,800	62.4%	$1,400
85018	$862,000	56.4%	$2,255
85016	$564,900	51.1%	$1,605
85023	$391,200	59.6%	$1,195
85020	$447,200	54.6%	$1,335
85048	$592,100	75.4%	$1,670
85040	$329,800	47.9%	$1,045
85050	$618,600	79.1%	$1,730
85085	$669,100	60.0%	$1,840
85031	$294,800	66.1%	$955
85053	$367,000	61.5%	$1,140
85019	$305,200	54.2%	$980
85024	$471,000	65.9%	$1,390
85014	$476,100	39.9%	$1,400
85013	$567,700	40.3%	$1,615
85006	$408,100	38.2%	$1,240
85083	$612,700	89.5%	$1,715
85310	$552,900	88.2%	$1,580
85028	$642,200	82.7%	$1,780
85007	$480,600	45.8%	$1,410
85004	$417,400	21.1%	$1,260
85003	$616,800	27.8%	$1,725
85054	$687,200	36.9%	$1,880
85012	$735,000	39.5%	$1,985
85045	$634,600	91.2%	$1,765
85034	$422,200	22.5%	$1,275

Homeowners insurance in Arizona · Car insurance in Phoenix · Insurance offices near Phoenix

Frequently asked questions

How much is homeowners insurance in Phoenix?

For a home at Phoenix's median value of $420,700, we estimate about $1,270 a year for a standard HO-3 policy with a $1,000 deductible. The Arizona NAIC average is $1,194.

What are the biggest natural hazards in Phoenix?

FEMA's National Risk Index rates Maricopa County relatively high or very high for hail, inland (river) flooding, strong wind, wildfire, and lightning.

Does the age of homes in Phoenix affect insurance?

Yes. The median home in Phoenix was built in 1985 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for Arizona, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Maricopa County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page