A fast-growing West Valley city with a high ownership rate and a lot of recent construction. New construction insures differently from established housing, and not always in the direction people expect.
A new house is not automatically cheap to insure. What it is, is easier to insure correctly if the limit is set from build cost rather than purchase price.
Three things we check on every Goodyear quote, because each one decides what a claim pays rather than whether you have one.
On a new build the two look close enough that people use one for the other. They are not the same: the purchase price includes land, and the rebuild cost includes demolition, debris removal and current code. Setting the dwelling limit from the sale price is the standard error in a new subdivision.
A warranty covers defects for a defined period on defined components. It does not cover a fire, a storm or a liability claim, and it expires. Treating it as cover is how a gap opens in the first few years of ownership.
New construction does not exempt a house from monsoon, haboob or heat. It does often mean a newer roof and better sealing, which helps, and it never means flood is included, because flood is excluded on every homeowners form regardless of the build date.
Across 38,188 households, in one of the fastest-growing municipalities in the state.
Above the Valley median, and on a new build it is the purchase price rather than the rebuild cost that misleads.
More than three quarters own, most of them in construction recent enough that nothing has aged out yet.
Written for Arizona, quoted for your address in Goodyear.
Read moreWritten for Arizona, quoted for your address in Goodyear.
Read moreWritten for Arizona, quoted for your address in Goodyear.
Read moreWritten for Arizona, quoted for your address in Goodyear.
Read moreWritten for Arizona, quoted for your address in Goodyear.
Read moreTell us the year the house was built and what the builder warranty still covers. The two are often confused.
Call and we will set the dwelling limit from rebuild cost rather than from what you paid.
