Home Insurance in Chandler, Arizona
With a median home value of $507,800, Chandler is 12% higher than the Maricopa County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Chandler was built around 1997. About 2% of homes were built before 1960, about 6 points below Maricopa County's 7%.
The housing stock in Chandler is 73% single-family homes, 20% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 72% of owner-occupied homes in Chandler have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Chandler has an owner-occupancy rate of 65% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in Chandler - 64% - are primarily heated with electricity.
What's the biggest home insurance risk near Chandler? FEMA's National Risk Index points to inland flooding (Very High) in Maricopa County and Maricopa County had 12,101 active NFIP flood policies as of September 2026. See the full Maricopa County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Arizona is $1,194 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $507,800 |
|---|---|
| Median year built | 1997 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 72% |
| Top county hazard | Inland Flooding (Very High) |
| Active NFIP policies in Maricopa County | 12,101 |
| Home insurance premium | $1,194 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)