The average annual cost for Arizona homeowners is $2,623, still slightly below the national average. Wildfires and other natural disasters are major factors contributing to rising insurance costs. The ...
PHOENIX — While rising home prices and mortgage rates have taken center stage over the last few years, insurance premiums are also contributing to housing affordability challenges in Arizona.
Arizona home insurance costs are soaring, and a growing number of homeowners near wildfire risk areas can’t even get insurance. Wildfires are a big driver behind the state’s growing home insurance ...
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