Report: Arizona homeowners pay more than average for insurance

homeowners-insurance1By Jesica Suerth | KTAR

Arizona homeowners with median credit pay a significant amount more for homeowners’ insurance than those with excellent credit, according to a recent report from InsuranceQuotes.com.

When your credit score drops from “excellent” to “fair,” experts said Arizonans should expect a 54 percent increase in your home insurance rates, making the state one of the worst in the nation for these type of rate increases.

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