There are an amazing number of Arizona homeowners insurance companies that serve the market in the Grand Canyon State. It can leave a homeowner scratching his head wondering how to choose one amongst all those out there wanting his business. With a little research, you can be comfortable in choosing the right Arizona homeowners insurance company to meet your needs. Before entering into business with any company in AZ offering homeowners insurance, you need to be confident that they will meet your needs.
You make a long-term commitment in order to protect yourself from loss and you want that company to be around to take care of you should you need it. Therefore it is important to make a wise decision when selecting your Arizona homeowners insurance company.
Let us help you compare the various AZ homeowners insurance companies. Use our free tool at the top of the page to get started finding Arizona home insurancenow!
Resources For Choosing An Arizona Homeowners Insurance Company
There are a variety of resources available to the Arizona consumer when he or she is trying to decide upon which insurance company to use. The state government has compiled data on the multitude of home insurers covering the state and has made it available to the public. You can research any company you are considering using and find out how they fare in comparison with other companies on premiums. Considering the sheer volume of homeowners insurers in the state, anything that helps to separate them is useful.
Another great resource is the insurance ratings companies. These companies include:
- A.M. Best
- Moody’s
- Standard & Poor’s
Each gives insurance companies a rating based on their financial stability and their outlook for the future, amongst other things. They look at how able an insurance company is to meet the obligations it currently has and how likely it is that they will continue to be able to meet them in the future. These ratings will help you make an educated decision about which insurance company to choose. If the rating given to the company you are interested in using is not good, then you may want to consider another insurance company. It would be unfortunate to pay premiums to a company that may not be able to provide you with the coverage you’ve signed on for, should you actually need it.
8 Questions To Ask Your Arizona Homeowners Insurance Company
- How long has your company been in business?
- How long have you offered homeowners insurance in Arizona?
- What is your claims procedure?
- What are your ratings with the insurance rating companies?
- How often have you done rate increases in the past ten years?
- Are you offering me an all-risk or named peril policy?
- Does your quote give me replacement cost or actual cash value for my home and possessions?
- What discounts do you offer? Have the ones I’m eligible for already been included in the price?
Any honest agent will be happy to answer your questions.
If you have received a great rate from a company, and you feel like it is too good to be true, it probably is. Be careful that you are comparing the same coverage when comparing price. Sometimes it can be something simple, like an insurer is quoting you on a half-year price. Other times there are exclusions written into a policy that may make it a much less risky proposition for the company. They may have quoted you on less coverage than you need or with unreasonably high deductibles. Be sure to make sure you understand exactly what the policy is covering and not covering before you sign on the dotted line.
Homeowners Insurance Companies Serving The State Of Arizona
- Farmers
- State Farm
- AMCO
- Federal
- Scottsdale
- Arizona Home
- Fidelity National
- Allstate
- Middlesex
- Bankers
- Teachers
- American
- Owners
- Balboa
- West American
- Sentinel
- Central Mutual
- And more than 30 others
Compare Arizona Homeowners Insurance Companies Now!
With such diverse selection in the Arizona homeowners insurance marketplace, it is important to be armed with the right information to make the best choice.
Go back to the top of the page and use our quote tool now to get a variety of the top Arizona homeowners insurance company quotes in no time.
Get started comparing Arizona homeowners insurance companies now!