This is a question that homeowners ask all the time but the answer is unfortunately not a straightforward one. As every insurance carrier has a target market it is going after and a variety of factors that it considers (home size, location, replacement cost, owner insurance score, etc), the only truthful answer you can get is “it depends.” The company that may be the best bang for the buck for you may not be affordable for your neighbor.
It’s also important to realize that cheapest is not always the best value. In a world where saving 15% or more is the message day in and day out, it’s easy to lose sight of the purpose of insurance. Knowing your situation, the factors that may impact your chances of losses, how much risk you are comfortable in retaining in return for lower premiums all should influence what you choose to include or exclude from your policy.
If your goal is to find the best price, then speak with an Scottsdale AZ independent insurance broker along with the brand names that you see everywhere. If this seems like a lot of work, you can always visit a website that will sell the information you input to all of these types of agents, such as a Bankrate insurance site. However you move forward, be sure that you are comparing apples to apples and pick someone you know you can trust to do the job right for you. There’s nothing worse than the realization that the five figure claim you’re looking at in your house isn’t covered because you saved a couple bucks.