House & Property insurance can have the standard coverage you find in most home insurance policies including coverage for:

• Your dwelling.
• Other structures on the property.
• Your personal belongings.

If you live in the property, you may also get the following coverages:

• Personal liability
• Loss of use
• Medical bills

The policy automatically adjusts for those who don’t live in the property but instead rent it out. You don’t get loss of use, but rather, get loss of rental income. These policies cover the major perils such as fire, wind, hail, and theft. All structures are covered for the replacement costs, which means you're not nickel-and-dimed with depreciated values.

The average cost of homeowners insurance in Arizona is just $866 per year, well below the national average of $1,311. Working with us may help bring that cost down even more. Because our carrier partner's premiums are based on granular insurance data, like your home’s location, age (year built), and construction type, their premiums more accurately reflect your home’s actual risk rather than the general risk for your area.

Rates vary widely within the state, so the best way to see if you can save is to get a quote.

No law requires a homeowner to buy home insurance in Arizona. However, you may be contractually obligated to purchase insurance from your mortgage lender. Lenders want you to have coverage to make sure their financial interest in the home is protected.

On top of standard home insurance, you may also have to get flood insurance if you’re in a Special Flood Hazard Zone (SFHA). Homes in areas designated as a SFHA by the Federal Emergency Management Agency are required to have flood insurance if they want federally backed mortgages. Kin does not currently offer flood insurance in Arizona.

The Grand Canyon State has had only 68 federally declared natural disasters since 1953. For the most part, that makes insuring your home in Arizona less expensive than it is in other states.

One way to save on your homeowners insurance in Arizona is with discounts. Our carrier partner offers discounts and premium credits on our House & Property policies for:

• Installing home security, water detection, or fire prevention devices.
• Living in an incorporated area that uses a private fire company.
• Keeping claims off your history for the past three years.
• Choosing an e-policy.

Arizona also lets insurers use your credit history to help determine your premium, so improving your credit score can help lower your insurance costs.

Another way to lower your premium is to opt for a higher deductible. A higher deductible means you take on more financial responsibility in a claim, and that usually lowers your premiums. One important caveat about going this route: You want to make sure that you can afford the deductible you choose, even if the worst case scenario hits.

Fewer natural disasters isn’t the same as no natural disasters, and Arizona homeowners need to be prepared for what severe storms and wildfires can bring.

To account for extreme weather, House & Property policies have two deductibles in Arizona. The first is the standard deductible, or an “all other perils” deductible, that applies to most claim situations. The other is a wind/hail deductible. Sometimes called a severe convective storm deductible, it applies to damage caused by thunderstorms.