Best condo insurance companies in Arizona
In Arizona, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, J.D Power score and customer satisfaction ratings of major insurers in Arizona. Below are the best condo insurance companies in Arizona based on Insurance.com’s analysis.
| Company | J.D. Power Score | AM Best Rating | Average rating (out of 5) |
|---|---|---|---|
| USAA | 884 | A++ | |
| State Farm | 829 | A++ | |
| Allstate | 815 | A+ | |
| Nationwide | 816 | A+ | |
| American Family | 842 | A | |
| Farmers | 792 | A | |
| Travelers | 794 | A++ |
Average cost of condo insurance in Arizona
The average cost of condo insurance in Arizona is $710 a year or $59 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.
To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.
| Average Annual Premium | Average Monthly Premium |
|---|---|
| $710 | $59 |
Condo insurance calculator
Average condo insurance rates in ArizonaMost & least expensive ZIP codes for condo insurance in Arizona
Most expensive
| ZIP Code | City | Highest Rate |
|---|---|---|
| 85931 | Forest Lakes | $1,259 |
| 85006 | Phoenix | $1,157 |
| 85013 | Phoenix | $1,146 |
| 85014 | Phoenix | $1,132 |
Least expensive
| ZIP Code | City | Lowest Rate |
|---|---|---|
| 85342 | Morristown | $714 |
| 85390 | Wickenburg | $716 |
| 85361 | Wittmann | $727 |
| 85348 | Salome | $739 |
Condo insurance rates by company in Arizona
Rates for condo insurance by company in Arizona vary. It’s important to shop around and compare quotes to find the best price.
In the table below, you’ll see condo insurance rates for major companies in Arizona. The cheapest company for condo insurance in Arizona is State Farm. Allstate and Farmers are the second and third cheapest options.
| Company | Average Annual Rate |
|---|---|
| State Farm | $465 |
| Allstate | $551 |
| Farmers | $556 |
| Nationwide | $626 |
| USAA | $691 |
| American Family | $795 |
| Travelers | $1,430 |
Condo insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on condo insurance for your specific city in Arizona.Compare condo insurance rates by city in Arizona
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2022 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2023.
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