Car insurance in Gilbert costs an average of $1,195 annually, which is less than the state average. The cheapest insurer for the average driver is GEICO, but MoneyGeek also looked at the cheapest options based on coverage levels and driver profiles. For customers looking for a balance between affordability and quality, MoneyGeek also ranked the best companies in Gilbert.
Compare the Cheapest Car Insurance Quotes in Gilbert, AZ
The Cheapest and Best Car Insurance in Gilbert
The Cheapest Car Insurance Companies in Gilbert
The companies with the cheapest average rates for a full coverage car insurance policy in Gilbert are:
- GEICO: $745 annually
- USAA: $760 annually (only available for current and former military)
Car insurance companies in Gilbert typically offer cheap rates, but when it comes to affordability, GEICO is the cheapest option with an average annual premium of $745. In comparison, this is about $450 less than the city average, and it’s also around 148.7% cheaper than a similar policy from MetLife, which offers the most expensive average annual premium in Gilbert at $1,853.
Rounding out the top five most affordable car insurance companies in Gilbert after GEICO are USAA, Progressive, Nationwide and Hartford.
For this study, MoneyGeek gathered average car insurance rates in Gilbert based on a sample driver profile. The sample driver is a 40-year-old male with a full coverage policy including both liability and comprehensive and collision coverage.
Scroll for more
Average Cost of Car Insurance in Gilbert
On average, car insurance in Gilbert costs around $1,195 per year, which is slightly lower than both the average state and national annual premiums. Drivers in the city pay about 6.9% less than the $1,284 statewide average. Meanwhile, the Gilbert average is about 16.1% cheaper than the $1,424 average annual premium in the United States.
The Best Car Insurance Companies in Gilbert
If you are a driver in Gilbert looking for a balance between affordable prices and quality service, MoneyGeek ranked the best companies in the city. According to MoneyGeek’s data, the best car insurance companies in Gilbert for most drivers are:
- GEICO: MoneyGeek score 90 out of 100
- State Farm: MoneyGeek score 85 out of 100
USAA received the highest score in Gilbert by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To calculate these final scores, MoneyGeek used several factors including J.D. Power ratings for user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Gilbert
To come up with car insurance quotes in Gilbert, carriers evaluate several factors like age, gender, driving history, credit score, marital status, make and model of the vehicle and miles driven per year, among others. All of these will have an impact on the annual premium. Any changes in your circumstances will directly affect how much you will have to pay.
For example, in Gilbert, a middle-aged individual is more likely to get a better deal compared to a teenage driver. A GEICO average policy costs around $745 for a 40-year-old male, while a similar policy will cost an average of $1,617 for an 18-year-old male driver. You should regularly compare personalized quotes from multiple carriers to find out if you are qualified for certain discounts or rebates.
Shopping around for car insurance in Gilbert could save you $450, which is enough to buy:
Cheapest Car Insurance in Gilbert by Coverage Amount
One of the factors that greatly impacts car insurance prices in Gilbert and elsewhere is the coverage level you buy. For example, a state minimum liability policy costs an average of $615 per year, while a full coverage policy with higher liability limits costs $1,195 on average. That is a difference of $580.
Arizona Minimum Liability Requirements
- Bodily Injury and Property Damage$15,000 per person, $30,000 per accident and $10,000 for property damage. A more protective level is 100/300/100.
Auto insurance providers create car insurance quotes in Gilbert based on different coverage levels. You can get a policy with state minimum liability for as little as $360 annually from GEICO. If you want to be able to claim up to $50,000 worth of medical bills, with a $100,000 total per vehicle and $50,000 for property damage liability, you can either purchase a 50/100/50 liability-only or full-coverage plan. If the difference between the two is nominal, then it may be better to get full coverage.
For instance, GEICO offers 50/100/50 liability-only policies for an average of $496 per year. Add around $142 to that and you can upgrade to full coverage. Another option that car insurance companies in Gilbert offer is 100/300/100 full coverage. The cheapest option for this type is a GEICO policy, which costs an average of $745 annually.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Gilbert if You Have Driving Violations
Insurance carriers also check your driving history. If you have no moving violations, then you should be able to get the cheapest deal. For instance, GEICO policyholders with clean records pay an average of $745. Meanwhile, a driver with a speeding ticket pays an average of $883. If you have been in an accident where you were at fault, your annual premium will be $1,080. Those who have DUI convictions will pay an average of $1,506, which is about $761 more than a driver with a clean record.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Where you live also determines the cost of your auto insurance. Regional differences in crime rates, accident occurrences, and the number of uninsured drivers all affect a person's premium from one part of the same city to another. Within Gilbert, however, your specific ZIP code barely matters at all. The most expensive neighborhood for auto coverage is ZIP code 85234, with an average annual premium of $1,214. That is about $31 more than the rate in the cheapest neighborhood for car insurance, 85295.
- Zip CodeState Minimumper year
Top Agents Offering Affordable Car Insurance in Gilbert
Factors That Impact Insurance Costs in Gilbert
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Gilbert. How Gilbert ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Gilbert are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
About the Author