bestauto insurancePeoriaCompare the Cheapest Car Insurance Quotes in Peoria, AZ
Auto insurance in Peoria costs an average of $1,283 per year, less than the state average. At an average rate of $752 annually, GEICO is the cheapest widely-available insurer based on MoneyGeek's analysis, which looked at coverage amount and driving history. For drivers looking at quality and cost, MoneyGeek also ranked the best insurers in Peoria.
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Advertising & Editorial DisclosureLast Updated: 1/9/2023
Edited By |
Lilian Mironga
Written By |
Mark Fitzpatrick
In Peoria, GEICO offers the cheapest full coverage auto insurance for an average of $752 per year and state minimum liability coverage for $361 per year. Drivers with a speeding ticket can save the most money with GEICO too, which charges a yearly average of $891. USAA's coverage may be the best option in many instances for military families, but in terms of best overall for affordability and customer service, GEICO is best overall.
bestauto insurancePeoriaThe Cheapest and Best Car Insurance in Peoria
Methodology
MoneyGeek obtained data from J.D. Power, AM Best and the NAIC to determine the best car insurance companies in Peoria.
The Cheapest Car Insurance Companies in Peoria
The cheapest car insurance companies in Peoria offering full coverage insurance are:
- GEICO: $752 per year
- Hartford: $1,007 per year
Former and current military personnel and their families in Peoria will find USAA car insurance an affordable option with an average annual premium of $710.
GEICO is the cheapest among the insurance companies in Peoria. Their rate is 194% (about $1,461) lower than that of Metlife, being the most expensive car insurance in the city with an average annual premium of $2,213.
Full coverage policies include comprehensive and collision insurance; however, rates for full coverage can vary depending on the liability limits you select.
Cheapest Car Insurance in Peoria
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$710
- 2.$752
- 3.$1,007
- 4.$1,056
- 5.$1,073
As explained in MoneyGeek's methodology, the insurance quotes we use in our analysis are for a 40-year-old male driver with full coverage.
A policy that includes comprehensive and collision coverage will cost more than a state minimum or liability-only policy. It may be worth the cost, though, if you're looking for financial protection in the event of an accident. A full coverage car insurance policy pays for covered damage as follows:
- Collision Insurance: Pays for repairs to your car if you’re in an accident.
- Comprehensive Insurance: Pays for repairs to your car due to non-collision-related damage, such as events like fire, theft or adverse weather events.
It is important to keep in mind that if your vehicle is older, full coverage car insurance may cost more than the vehicle's replacement value. You can save money on insurance premiums by opting for liability-only coverage or a state minimum policy.
Compare Car Insurance Rates in Peoria
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Peoria for Minimum Coverage
The cheapest car insurance is always state minimum or liability only. In Peoria, the most affordable options are offered by:
- GEICO: $361 annually
- CSAA: $469 annually
For eligible military families, USAA is the cheapest option in Peoria. The average minimum coverage policy from this provider costs $346 per year. When it comes to minimum coverage policies, GEICO’s rate is $764 less than the city’s most expensive provider, Metlife.
Minimum coverage policies have the cheapest rates but they also have the lowest coverage limits and don't include collision and comprehensive insurance. All of that means you risk not being fully covered if you’re in an accident.
The table below illustrates how rates change when liability limitations increase.
Cheapest Minimum Liability Car Insurance in Peoria
State Minimum
- CompanyState Minimumper year
- 1.$346
- 2.$361
- 3.CSAA$469
- 4.$526
- 5.$545
Arizona law requires drivers to carry 25/50/15 state minimum liability insurance. This is the cheapest vehicle insurance, which translates into lower monthly premiums. If you are involved in an accident, though, you will almost probably be obliged to pay additional out-of-pocket expenses, which can be substantial.
For instance, if you cause an accident and the other driver’s medical bills total $50,000, your minimum insurance will cover just $25,000 of that, leaving you responsible for the remaining $25,000 in medical expenses.
Arizona Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $15,000 for property damage. A more protective level is 100/300/100.
Cheapest Car Insurance in Peoria if You Have Driving Violations
Having a driving violation, be it a speeding ticket, at-fault accident or a DUI, can significantly affect your premiums. Depending on your violation, the cheapest insurers in Peoria are as follows:
- Cheapest after a ticket: GEICO, $891 per year
- Cheapest after an at-fault accident: GEICO, $1,090 per year
- Cheapest after a DUI: American Family, $1,284 per year
If you have traffic violations on your record, you can still reduce your premiums by improving your driving history. That takes time, so after getting a ticket or getting into an accident, it’s a good idea to compare insurance quotes and see which insurers offer the most affordable rates for drivers with bad records.
Cheapest Car Insurance in Peoria With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$891
- 2.$901
- 3.$1,228
- 4.$1,284
- 5.$1,308
Average Cost of Car Insurance in Peoria
Peoria$1,283
Arizona$1,284
U.S.$1,424
The average car insurance rate in Peoria is $1,283 per year. This is 0.1% less than the state average annual premium and 9.9% less than the United States average.
Personalized Quotes to Get You the Cheapest Car Insurance in Peoria
Car insurance companies in Peoria evaluate various factors when calculating their average annual premiums. These can include the driver’s age, location, driving history and gender.
For instance, a 40-year-old driver who qualifies for a policy from USAA pays an average of $710 per year. The same driver could pay $752 annually at GEICO. These rates may change over time.
As your circumstances change, so do your car insurance rates. To get the best price, it is important to regularly compare car insurance quotes from various providers.
Compare Car Insurance Rates in Peoria
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Peoria
MoneyGeek used customer satisfaction, claims, affordability and financial stability ratings to find the top car insurance companies in Peoria, Arizona. The best auto insurers in Peoria are:
- GEICO: MoneyGeek score of 95 out of 100
- AAA: MoneyGeek score of 84 out of 100
We did not include USAA in this analysis, despite its MoneyGeek score of 100 out of 100 because it only applies to military personnel, veterans and their families. USAA is the best car insurance provider in Peoria if you have a military background.
1
GEICO
Score:95
Peoria's best car insurance company is GEICO, with a high score for user satisfaction. GEICO also ranks first for affordability, with a full coverage policy averaging $752 per year. With GEICO, drivers in Peoria can opt for coverages such as mechanical breakdown insurance.
More About GEICO
Mechanical breakdown insurance (MBI) is an add-on to your full coverage car insurance in Peoria, which applies to cars less than 15 months old and 15,000 miles.This coverage provides better protection than a typical dealer warranty by covering all systems and parts of your vehicle.
GEICO's accident forgiveness coverage will ensure your premiums are not hiked after your first at-fault accident. GEICO also offers standard add roadside assistance and rental car and travel reimbursement.
Read MoneyGeek's GEICO auto Insurance Review2
AAA
Score:84
AAA is one of Peoria's top car insurance companies, ranking highly for customer satisfaction and affordability. A full coverage policy from AAA costs an average of $1,205 per year and comes with multiple optional coverages, including identity theft coverage.
More About AAA
If you want protection from identity fraud, you can opt for identity theft coverage as an add-on to your car insurance in Peoria. This coverage is included with AAA membership and ensures your insurer reimburses you if your identity is stolen and used fraudulently.
AAA also offers common optional car insurance coverages, including roadside assistance and rental car and travel reimbursement.
Read MoneyGeek's AAA auto Insurance Review3
Hartford
Score:83
4
State Farm
Score:80
5
Country Financial
Score:79
6
American Family
Score:76
7
Nationwide
Score:76
8
Travelers
Score:76
9
Progressive
Score:74
10
Allstate
Score:68
11
Esurance
Score:59
12
Mercury
Score:58
13
Farmers
Score:53
14
MetLife
Score:24
Average Cost of Car Insurance by Postal Code
Car insurance companies will look at your ZIP code when determining your rates. This is because accident, theft and uninsured motorist statistics can differ between neighborhoods. The higher these statistics are in your community, the more you could pay for insurance.
In Peoria, Arizona, drivers who live in the 85382 ZIP code might pay $56 less than policyholders in the 85345 neighborhood.
- Zip CodeState Minimumper year
- 85382$1,255
- 85345$1,311
Factors That Impact Insurance Costs in Peoria
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Peoria. How Peoria ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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