UPDATED: JUNE 28, 2023 | 3 MIN READ
Are you looking for cheap car insurance in Phoenix, Arizona? You’re in the right place! Finding affordable auto insurance that meets your needs can be daunting, but fret not. We’ll guide you through securing budget-friendly car insurance without compromising essential coverage.
Whether you’re a seasoned driver or a new resident of the Valley of the Sun, we’ve covered you with expert tips and strategies to help you save money while safeguarding your vehicle. Let’s dive in and discover how you can find the best car insurance deals in Phoenix!
How do the average car insurance rates in Phoenix, Arizona, compare to the state and U.S. averages?
Phoenix, Arizona, has its own dynamics regarding auto insurance rates. On average, residents of Phoenix pay around $2,210 per year for car insurance. This figure is higher than the state average of $1,704 and the national average of $1,550.
However, considering factors influencing these rates, such as population density, traffic patterns, and local insurance regulations, is essential. Understanding the context of these average rates will help you navigate the insurance landscape more effectively as you search for affordable coverage in Phoenix.
|Average Annual Car Insurance Rates In Phoenix||Average Annual Car Insurance Rates In Arizona||Average Annual Car Insurance Rates In the United States|
How do the city’s average rates compare to other Arizona cities?
When comparing car insurance rates across different cities in Arizona, it’s interesting to note the variations. The average annual car insurance cost in Phoenix is $2,064, 18% higher than the state average. However, when looking at neighboring cities, Chandler boasts an average rate of $1,687, representing a 3% decrease from the state average.
Mesa and Scottsdale, on the other hand, have rates that align with the Arizona average. Tucson stands out with an average rate of $1,666, reflecting a 4% decrease. These city-to-city variations emphasize the importance of shopping around and exploring options to find the most affordable car insurance in Phoenix, Arizona.
|City||Average Arizona Car Insurance Cost||Difference From the Arizona Average|
Best cheap car insurance in Phoenix, Arizona
Several insurance providers in Phonix offer competitive rates and valuable coverage options. By comparing quotes and considering factors such as discounts, customer reviews, and customer service, you can discover the city’s top contenders for affordable car insurance. In the next section, we’ll delve into the details and highlight some of the best insurance companies that provide budget-friendly options for Phoenix residents.
Cheapest Phoenix, Arizona liability-only auto insurance
Discover the cheapest liability-only auto insurance options in Phoenix, Arizona, with rates starting at $39 per month from companies like Travelers and State Farm.
Travelers offer a monthly rate of $39, while State Farm follows closely at $42 monthly. GEICO and Progressive both offer liability-only coverage at $75 per month. Allstate comes in at $82 per month, and Farmers rounds out the list with a monthly rate of $90. These rates provide an overview of the affordability options available
Arizona minimum liability requirements
In Arizona, it’s important to understand the minimum liability requirements for auto insurance coverage. These requirements dictate the minimum amount of coverage you must have to drive in Arizona legally. For bodily injury liability, the minimum limits are set at $25,000 per person and $50,000 per accident. This means that if you cause an accident and someone is injured, your insurance coverage must be able to compensate up to $25,000 per person, with a maximum limit of $50,000 for the entire accident. Additionally, the minimum property damage liability limit is set at $15,000.
|Minimum Liability Requirements in California|
|Bodily Injury||$25,000 per person, $50,000 per accident|
While these minimums provide a legal baseline, it’s worth considering higher coverage limits to ensure adequate protection in an accident. By complying with Arizona’s requirements and exploring additional coverage options, you can have peace of mind knowing that you’re financially protected on the roads of Phoenix, Arizona.
Cheapest Phoenix, Arizona full-coverage auto insurance
The cheapest full coverage auto insurance options in Phoenix, Arizona, start at $94 per month from companies like State Farm, offering affordable, comprehensive protection.
When securing full coverage auto insurance in Phoenix, Arizona, insurance companies offer affordable rates while providing comprehensive protection. State Farm stands out with a monthly rate of $94, followed by Travelers at $124 monthly. Progressive offers full-coverage options at $134 monthly, while GEICO is $158. Allstate and Farmers complete the list with monthly rates of $213 and $229, respectively. These rates highlight the affordability options available for full coverage auto insurance in Phoenix. The next section will explore the specific details and benefits these insurance providers provide.
While liability-only coverage may be the most affordable choice for drivers in Phoenix, Arizona, it does not necessarily mean it is optimal. If you opt for liability-only coverage, consider raising your limits and incorporating uninsured/underinsured motorist coverage. However, if your vehicle is valued at least $5,000 or is less than ten years old, it is likely more prudent to acquire full-coverage car insurance.
Average monthly car insurance cost by zip code
The average monthly car insurance costs vary by zip code in Phoenix, Arizona, ranging from as low as $175 to as high as $236.
The average monthly cost can vary in Phoenix depending on your zip code. Each zip code has its own unique factors that can influence insurance rates. For instance, in zip codes such as 85044, 85045, and 85048, the average monthly cost is lower, ranging from $175 to $179.
On the other hand, zip codes like 85031, 85033, and 85035 have higher average monthly costs, ranging from $223 to $236. Other zip codes, such as 85008, 85014, and 85021, fall within the mid-range, with average monthly costs ranging from $203 to $216.
|Zip Code||Average monthly cost|
Phoenix car insurance premiums for people with previous incidents
Car insurance premiums in Phoenix, Arizona, can be influenced by previous incidents on your driving record. The average annual premium for individuals with a DUI/DWI is approximately $4,204. Reckless driving incidents result in an average premium of $3,734.
At-fault accidents with damages less than $1,000 lead to an average premium of $3,054, while damages less than $2,000 result in an average premium of $3,264. Lastly, a speeding ticket for going 16-20 mph over the speed limit has an average premium of $2,848. These figures highlight how different incidents can impact insurance premiums in Phoenix, emphasizing the importance of safe driving to maintain affordable car insurance rates.
|Citation Type||Average Annual Premium|
|At-fault Accident (damages less than $1,000)||$3,054|
|At-fault Accident (damages less than $2,000)||$3,264|
|Speeding Ticket (16-20 mph over the speed limit)||$2,848|
Cheapest car insurance options after a speeding ticket
Discover affordable car insurance options in Phoenix, Arizona, after a speeding ticket, with rates as low as $100 per year from companies like State Farm.
If you’ve received a speeding ticket in Phoenix, Arizona, and are looking for the cheapest car insurance options, insurance companies offer affordable rates despite the violation. State Farm is the most affordable option, with an average annual premium of $1,200, followed by Travelers at $1,860 annually.
Progressive offers competitive rates at $2,112, while GEICO follows closely at $2,268. Allstate and Farmers complete the list with average annual premiums of $3,780 each. These rates showcase the available cost-effective choices for car insurance after a speeding ticket in Phoenix, allowing you to maintain coverage without breaking the bank.
|Company||Average Annual Premium|
Cheapest car insurance options after an accident
After an accident, State Farm boasts the lowest premium in Phoenix, Arizona, starting at $109 monthly.
If you’ve had an accident in Phoenix, Arizona, and are searching for the most affordable car insurance options, insurance companies offer competitive rates despite the incident. State Farm is the cheapest option, with an average annual premium of $1,308, followed closely by Travelers at $2,040 annually.
GEICO and Progressive also provide budget-friendly choices, with average premiums of $2,052 and $2,268, respectively. However, it’s worth noting that Allstate and Farmers have higher average annual premiums of $3,732 and $4,068, respectively. By exploring these options, you can find affordable car insurance coverage in Phoenix even after an accident.
|Company||Average Annual Premium|
Cheapest car insurance options after a DUI
After a DUI, you can find affordable car insurance options in Phoenix, Arizona, with rates as low as $154 per year from companies like Progressive.
Insurance companies offer competitive rates despite the offense if you’re searching for the most affordable car insurance options after a DUI in Phoenix, Arizona. Progressive stands out as the cheapest option with an average annual premium of $1,848, closely followed by Travelers at $2,064 annually.
State Farm provides a cost-effective choice at $2,484, while GEICO and Farmers offer slightly higher average annual premiums of $3,252 and $3,672, respectively. Allstate completes the list with an average annual premium of $4,188. Considering these options, you can find affordable car insurance coverage in Phoenix even after a DUI incident.
|Company||Average Annual Premium|
Average Phoenix car insurance rates by gender and marital status
Regarding car insurance rates in Phoenix, Arizona, gender and marital status can play a role in determining premiums. Women pay around $1,845 per year for car insurance, while men pay slightly less at $1,820.
Marital status also influences rates, with single individuals having an average annual premium of $1,667 and married individuals enjoying a slightly lower average of $1,658. Widowed individuals fall in between with an average premium of $1,724, while divorced individuals have a slightly higher average of $1,815. These variations emphasize the importance of considering these factors when obtaining car insurance in Phoenix.
|Gender/Marital Status||Average Annual Car Insurance Premium|
Average Phoenix car insurance rates by credit score
Your credit score can impact car insurance rates in Phoenix, Arizona. Individuals with poor credit scores can expect to pay around $3,258 per year for car insurance. Those with fair credit scores may see a decrease in premiums, with an average annual premium of $1,980. As your credit score improves, the rates become more favorable.
Individuals with good credit scores can expect an average annual premium of $1,810, while those with excellent credit scores enjoy even lower rates, with an average premium of $1,584. These figures highlight the influence of credit scores on car insurance rates and emphasize the importance of maintaining a good credit score to secure more affordable premiums in Phoenix.
|Credit Score||Average Annual Premium|
Cheapest car insurance options in Phoenix by age
Insurance rates can vary significantly depending on age, with certain demographics benefiting from more affordable premiums. The following section will explore the average car insurance rates for different age groups in Phoenix, providing insights into the most cost-effective options.
Best car insurance for young drivers
The lowest cost for young drivers in Phoenix, with an average annual rate of $1,116, is Travelers for liability-only coverage.
Several insurance carriers offer options tailored to the needs of young drivers. Travelers stand out as a budget-friendly choice, with average annual rates of $1,116 for liability-only insurance coverage and $3,576 for full-coverage insurance. State Farm provides competitive rates at $1,716 for liability-only coverage and $3,468 for full coverage.
GEICO follows closely with average annual rates of $2,076 for liability-only coverage and $3,996 for full coverage. Allstate and Progressive have higher rates at $2,784 and $3,324 for liability-only coverage, respectively. Farmers complete the list with average annual rates of $4,644 for liability-only coverage and $10,992 for full coverage.
|Insurance Carrier||Average Annual Rates for Liability-Only Insurance Coverage||Average Annual Rates for Full-Coverage Insurance|
Factors impacting Phoenix car insurance premiums
Several factors impact car insurance premiums in Phoenix, Arizona. The city’s high number of fatal accidents, 30 out of 300, and car thefts, 127 out of 300, contribute to higher insurance rates.
Additionally, Phoenix experiences significant rainfall, with the most annual rainfall at 290 out of 300 and the most rainy days at 260 out of 300. These weather conditions can increase the risk of accidents, leading to higher insurance premiums. Moreover, the number of drivers without insurance in the state, with 24 out of 55, further influences insurance costs.
- Most Fatal Accidents: 30 out of 300
- Most Car Thefts: 127 out of 300
- Most Annual Rain Fall: 290 out of 300
- Most Rainy Days: 260 out of 300
- Number Of Drivers Without Insurance (By State): 24 out of 55
What factors contribute to higher car insurance premiums in Phoenix?
Several factors impact car insurance premiums in Phoenix, including fatal accidents, car thefts, significant rainfall, and a significant percentage of drivers without insurance.
Does living in an area with frequent rain increase car insurance rates?
Living in an area with high annual rainfall and many rainy days, such as Phoenix, can contribute to higher car insurance rates due to increased accident risks caused by wet road conditions.
Are car theft rates a factor in determining insurance premiums?
Yes, areas with higher car theft rates, like Phoenix, often experience increased insurance premiums as the risk of vehicle theft affects the overall insurance costs.
Why do cities with more fatal accidents have higher insurance rates?
Cities with a higher number of fatal accidents, like Phoenix, typically have higher car insurance rates because the frequency of accidents and associated risks impact the overall insurance costs.
How does the percentage of drivers without insurance affect car insurance rates?
In areas where there is a significant percentage of drivers without insurance, like Phoenix, insurance rates tend to be higher as the risk of accidents involving uninsured drivers increases, leading to increased overall costs.
Find cheap car insurance in Phoenix, Arizona
Ready to find the best car insurance rates in Phoenix, Arizona? Fill out our online rate form to discover personalized insurance rates tailored to your area. With just a few simple steps, you can compare quotes from top insurance providers, ensuring you get the most competitive rates. Take control of your car insurance today and enjoy peace of mind knowing you have the coverage you need at a price that fits your budget.
AgileRates extracted and analyzed data from the following to provide data in this article.
- “Minimum Coverage Required for Arizona Drivers” (Arizona Dept of Insurance and Finance)
- “Who Has the Cheapest Car Insurance Quotes in Arizona? (2023)” (Value Penguin)
- “Car Insurance in Phoenix, AZ (June 2023)” (Way.com)
- Best Car Insurance Rates in Arizona
- Affordable Car Insurance For High-Risk Drivers In Arizona
- Find Affordable SR22 Insurance In Arizona
- Arizona Car Insurance Laws & Requirements
- 10 Types of Car Insurance Policies & How They Work