Renters insurance in Arizona: Cost, best companies and how to save

What is the average cost of renters insurance in Arizona?

The average renters insurance cost in Arizona is $252 per year. Rates vary based on factors such as location, coverage amount, deductible, and claims history.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Best renters insurance company in Arizona: State Farm

State Farm ranks as the best renters insurance company in Arizona, earning a top score among the carriers we surveyed. Its average rate is $149 per year.

Allstate and Travelers are also among the top insurance companies for renters insurance in Arizona.

Renters insurance rates vary significantly among providers, so you should compare options before choosing. You should also select a company with a good reputation to ensure it will be there if you have a claim.

To help you find the best renters insurance in Arizona, we evaluated average rates, NAIC complaints ratio, and AM Best financial ratings. We calculated the total Insurance.com score out of five using these factors.

Here are the best renters insurance companies in Arizona.

Cheapest renters insurance in Arizona

Our analysis shows that State Farm is the cheapest renters insurance company in Arizona, with an average annual premium of $149.

Renters insurance rates can differ greatly between providers, so it's best to compare quotes to find affordable coverage that meets your needs.

Here is the list of the cheapest renters insurance companies in Arizona along with their average annual premiums.

Arizona renters insurance: The least and most expensive ZIP codes

Where you live in Arizona directly affects the cost of your renters insurance. The most expensive ZIP code in Arizona is 85931, where the average annual premium is $551. This is $299 more than higher than the average rate.

In contrast, the least expensive ZIP code for renters insurance is 86053, offering coverage at $217 a year.

The table below shows the most and least expensive ZIP codes in Arizona for renters insurance.

Renters insurance cost in Arizona by city

Renters insurance rates vary widely across cities in Arizona, driven by factors such as weather risks, crime rates, and other factors. To find the best deal in your city, you should consider these factors and compare quotes from multiple insurers before choosing a policy.

How to save on renters insurance in Arizona

You can lower the cost of renters insurance in Arizona in several simple ways without reducing the coverage you need:

• Bundle your policies. Many insurers give a discount when you purchase renters and auto insurance together.
• Increase your deductible. Selecting a higher deductible lowers your monthly or yearly premium, but you should make sure you can afford it.
• Ask about discounts. Many insurance companies offer discounts for having smoke alarms, security systems, or a claims-free history.
• Compare quotes. Since prices vary widely between companies, getting quotes from multiple insurers helps you find the best deal.
• Pay annually. Some insurers provide a small discount if you make yearly payment instead of paying monthly.