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Affordable Home Insurance in Arizona

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What drives home insurance rates in Arizona

Average homeowners premium, 2023

$1,194

The average homeowners policy in Arizona cost $1,194 for a year of coverage in 2023, against $1,737 nationally.

Claims paid per premium dollar, 2023

70.3¢

Home insurers in Arizona paid 70.3 cents in claims for every premium dollar in 2023; the median state was 64 cents.

Severe weather events, 2024

94

NOAA logged 7 tornado, 22 large-hail and 65 flash-flood event reports in Arizona in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.

Natural-hazard loss rank

#10

FEMA ranks Arizona #10 of 51 for expected annual loss from natural hazards; flood accounts for 55% of that loss, and flood damage needs a separate flood policy.

  • Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
  • Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
  • Severe weather events, 2024: NOAA Storm Events Database, 2024
  • Natural-hazard loss rank: FEMA National Risk Index

Largest home insurers in Arizona

The ten insurer groups that wrote the most home premium in Arizona in 2025, with their share of the state total of $3.7 billion.

#Insurer groupMarket sharePremiums written
1State Farm Group17.98%$660 million
2United Services Automobile Association Group9.82%$360 million
3Farmers Insurance Group9.56%$351 million
4Allstate Insurance Group9.29%$341 million
5American Family Insurance Group9.19%$338 million
6Liberty Mutual Group8.8%$323 million
7Travelers Group6.95%$255 million
8Progressive Group2.9%$106 million
9Auto Owners Group2.31%$85 million
10Csaa Insurance Group1.94%$71 million

Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.

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