Home Insurance in Tempe

Responsible homeowners know that home insurance in Tempe can cover the costs to repair or replace a residence damaged by certain events.
Compare, shop and customize quotes from top-rated insurance carriers.

Welcome to the Vale

Tempe is home to over 185,000 residents. located in the eastern part of Greater Phoenix. Named after the Vale of Tempe in Greece, this city has an energy of its own. From unique eateries downtown and in the Mill Avenue District to events at the Tempe Center for the Arts, there's never a dull moment. This city is also home to the main campus of Arizona State University, one of the largest public universities in the nation.

Tempe is considered a college town and scores high marks as an affordable place to call home. The median cost of homes in this city is approximately $321,000, almost five times the median household income of $64,000. Whether you're a professor at Arizona State University or an employee at Wells Fargo or JP Morgan Chase, you'll want insurance to cover the costs of major damage to your property.

Risks to Your Tempe Home

If you're financing your home, your lender will likely require you to have home insurance in Tempe to protect their investment (and yours). Even without a mortgage, you may not have several hundreds of thousands of dollars to repair or replace your residence after major damage from these local risks:

  • Extreme weather: Tempe is in an arid desert region, making homes here susceptible to wildfires, dust storms and heat waves.
  • Property crime: Tempe homeowners experience property crime on a higher average than the rest of the state and the nation.
  • Termites: Various types of termites are found in Arizona, posing a risk to the structural integrity of buildings with wood.

Responsible homeownership means finding an insurance plan that is specific to your needs and wants as a property owner.

The Lowdown on Home Insurance

Tempeans, on average, pay approximately $2,250 for annual home insurance premiums. This is above the state average for Arizona but below the national average of $2,417. The following factors impact your rates for home insurance in Tempe:

  • Zip code: Living near police stations and fire stations can help reduce your premium.
  • Cost to replace: The more expensive your home is to replace, the more you'll pay to cover it.
  • Age and condition: Older homes tend to be more susceptible to perils and often have fixtures that cost more to replace, resulting in higher rates.
  • Claims history: If you've made past claims, you'll pay more for coverage.
  • Credit score: Insurance providers often correlate your history as a borrower with your reliability as a homeowner. A higher score is better for a lower rate.

Many other factors can impact what you pay, including renovations and the type of dog you have. You will likely qualify for discounts that can help reduce your rates. VIU by HUB helps you explore every available option for the best plan.

What's Your Damage

While no two homeowners will have the same needs, your policy for home insurance in Tempe should include these coverages :

  • Dwelling: Includes the cost of repairing or replacing your home's structure
  • Personal property: Covers the cost of certain objects in your home if lost or destroyed through theft, fire or other covered events
  • Personal liability: Protects you financially from third-party injury and property damage
  • Medical payments: Provides coverage for medical bills of anyone injured in your home, regardless of who's at fault
  • Additional living expenses: Used to cover temporary lodging while your home is being repaired following a covered event

VIU by HUB is here to help you explore the details of home insurance in Tempe, including what isn't covered by your policy. Get started today.

This information is intended for general informational purposes only and is not intended to constitute legal advice.


US Census Bureau


Tempe on Data USA

Neighborhood Scout

Arizona Department of Agriculture


Arizona Department of Insurance and Financial Institutions

Home insurance in Arizona by city

Understand risks, minimum state coverage requirements, average costs and other specifics that can impact auto insurance policies and premium rates in your city.