Home Insurance in Surprise, Arizona
The median home value in Surprise is $435,100, close to the Maricopa County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Surprise was built around 2005. About 1% of homes were built before 1960, about 6 points below Maricopa County's 7%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Surprise is 87% single-family homes, 7% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
About 69% of owner-occupied homes in Surprise have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Surprise has an owner-occupancy rate of 79% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
50% of homes in Surprise are primarily heated with electricity.
Maricopa County had 12,101 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Very High). 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.
In Arizona, the statewide average premium for a standard HO-3 homeowners policy is $1,194 per year (NAIC, 2023 data).
Key figures
| Median home value | $435,100 |
|---|---|
| Median year built | 2005 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 69% |
| 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)