The average cost of renters insurance in Arizona is $218 a year, according to a rate analysis by Insurance.com. There are a lot of things to consider when looking for the best renters insurance in Arizona. Price is always a consideration, but it's not the only thing you should take into account when deciding on a renters insurance company. You should compare the policies offered by different companies on the basis of the average rate, coverage options, and customer service.
We have put together this guide to help you make the right decision. In this guide, you will find the best and cheap renters insurance companies for Arizona renters. Besides, you can compare the companies based on their average rate and ratings. Keep on reading this resource to find the best renters insurance company in Arizona for your specific needs and budget.
Key takeaways
- Arizona residents pay an average of $218 annually for standard renters insurance policy.
- 86053 is the least expensive ZIP code in Arizona with an average annual rate of $194 per year.
- In Arizona, USAA offers the cheapest renters insurance at $111 annually.
- USAA is the best renters insurance company based on the Insurance.com research, with a J.D.Power score of 886 out of 1,000.
- Best renters insurance companies in Arizona
- Compare best renters insurance companies in Arizona
- How much is renters insurance in Arizona
- 10 Most expensive zip codes in Arizona for renters insurance
- 10 Least expensive zip codes in Arizona for renters insurance
- Cheap renters insurance in Arizona by carrier
- Methodology
Best renters insurance companies in Arizona
When it comes to choosing the best renters insurance company in Arizona, you want to make sure that you are comparing apples to apples. Our experts at Insurance.com have compared quotes, coverage options and J.D Power score from all the major insurers in Arizona. Below is the list of best renters insurance companies in Arizona:
| Company | Average rating(out of 5) |
|---|---|
| USAA | 5 |
| State Farm | 4 |
| Allstate | 3.5 |
| Nationwide | 3.5 |
| Travelers | 2.5 |
Compare best renters insurance companies in Arizona
USAA tops the list of best renters insurance companies in Arizona with 886 J.D. Power scores, the highest among the carriers surveyed. Its average rate for Arizona residents is $111 annually --- $140 less than the national average ($251).
Apart from USAA, you can get a renters insurance policy from companies like State Farm & Allstate. If you want an affordable renters insurance policy, compare these insurance providers on the basis of their J.D. Power score and average rates that are mentioned in the table below.
| Company | J.D. Power Score | Average Annual Premium | AM Best Ratings |
|---|---|---|---|
| Allstate | 837 | $226 | A+ |
| Nationwide | 859 | $337 | A+ |
| State Farm | 836 | $180 | A++ |
| Travelers | 801 | $446 | A++ |
| USAA | 886 | $111 | A++ |
How much is renters insurance in Arizona
The average renters insurance policy in Arizona costs around $218 per year or $18 a month. However, premiums may vary significantly depending on a number of factors, including your coverage limits, the amount of your deductible, and the type of property you want to insure.
Renters insurance policies in Arizona typically provide two types of coverage: personal property coverage and liability coverage. Personal property coverage helps protect your belongings in case they're damaged or stolen, while liability coverage provides protection if someone is injured, or their property is damaged as a result of an accident that occurred at your home.
| Average Annual Premium | Average Monthly Premium |
|---|---|
| $218 | $18 |
10 Most expensive zip codes in Arizona for renters insurance
Renters insurance is a necessary purchase for anyone who rents a home or apartment, but the cost of coverage may vary depending on the zip code. Some zip codes in Arizona are more expensive than others when it comes to renters insurance premiums. The most expensive zip code for renters insurance in Arizona is 85336 and its average annual rate for Arizona renters is $268.
The 10 most expensive zip codes for renters insurance in the state are listed below.
| ZIP code | Average Annual Rate |
|---|---|
| 85336 | $268 |
| 85065 | $267 |
| 85026 | $264 |
| 85025 | $264 |
| 85073 | $263 |
| 85033 | $259 |
| 85035 | $257 |
| 85041 | $256 |
| 85031 | $256 |
| 85097 | $255 |
10 Least expensive zip codes in Arizona for renters insurance
The least expensive zip code for renters insurance in Arizona is 86053, its average annual cost is $194. Below are the 10 least expensive zip codes in Arizona for renters insurance premiums are listed below. These areas may typically have lower property values or fewer risks associated with renting, which results in lower premiums for renters insurance coverage.
| ZIP code | Average Annual Rate |
|---|---|
| 86053 | $194 |
| 86434 | $195 |
| 86045 | $197 |
| 86411 | $197 |
| 86022 | $197 |
| 86044 | $198 |
| 86320 | $198 |
| 86035 | $198 |
| 86040 | $198 |
| 85922 | $198 |
Cheap renters insurance in Arizona by carrier
When it comes to renters insurance, it’s important to shop around and compare rates to make sure you’re getting the best deal possible. Each of these carriers typically offers competitive rates for renters insurance coverage in Arizona. Based on Insurance.com's rate analysis, USAA is the cheapest renters insurance provider. It offers a standard renters insurance policy at an average of $111 annually.
Find below the list of cheapest renters insurance companies in Arizona along with their average annual premium.
| Company Name | Average Annual Premium |
|---|---|
| USAA | $111 |
| State Farm | $180 |
| American Family | $197 |
| Allstate | $226 |
| Nationwide | $337 |
| Travelers | $446 |
Methodology
Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1000 deductible and $100,000 liability coverage for all available ZIP codes. ZIP codes were ranked based on the average rates for personal property coverage of $40,000, liability coverage of $100,000, and a $1,000 deductible and included good credit ratings. Content was updated in 2023.
