Personal factors like your driving needs and habits will determine which company is the cheapest for you. In Peoria, Travelers offers the cheapest minimum and full coverage policies. Auto-Owners Insurance is the best overall and the cheapest if you have a driving offense. If you are in the military, USAA is an excellent option.
Cheapest and Best Car Insurance in Peoria, AZ
Cheapest Minimum Liability Car Insurance in Peoria
The cheapest car insurance companies for a minimum coverage policy in Peoria are:
- Travelers: $343 per year
- Auto-Owners Insurance: $350 per year
Although Travelers has the lowest rates in Peoria, Mercury provides the cheapest car insurance in Arizona. Its average premium is slightly lower than Travelers at $325 and illustrates how location can affect rates. The General has the costliest minimum car insurance in Peoria at $1,619 per year as of October 2022.
By Arizona law, a minimum coverage car insurance policy must include:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $15,000 property damage liability per accident
If a policyholder gets into an accident, the insurer will cover medical bills up to $25,000 per person with a limit of $50,000 per accident, regardless of how many persons are injured. Any costs over $50,000 are the policyholder’s responsibility.
Cheapest Full Coverage Car Insurance in Peoria
In Peoria, these are the most cost-effective providers of full coverage auto insurance:
- Travelers: $720 per year
- Auto-Owners Insurance: $735 per year
The General offers the most expensive full coverage car insurance policy at $3,190 per year. Root Insurance Company offers the cheapest full coverage car insurance in Arizona with premiums of $715 per year, although its average rate in Peoria is $741 as of October 2022. This rate difference illustrates how location can affect rates.
A full coverage auto insurance policy will include not just liability coverage but also comprehensive and collision coverage.
- Collision Insurance: Pays for damages if you crash into someone else's car or property.
- Comprehensive Insurance: Pays for damages caused by non-collision events, like vandalism, theft, fire and flooding.
If you own an older vehicle, purchasing a full coverage insurance policy may not be cost-effective. You can end up paying more per year in premiums than the car’s value.
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Cheapest Car Insurance in Peoria After a Driving Offense
The cheapest car insurance options for those with driving violations in Peoria are:
- Speeding ticket: Auto-Owners Insurance ($735 per year)
- At-fault accident: Root Insurance Company ($930 per year)
- DUI: Root Insurance Company ($819 per year)
The General offers the most expensive rates after an at-fault accident ($4,523), speeding ticket ($3,831) and DUI ($4,161). Having a bad driving record will likely impact your rates. Even the cheapest company’s rates will increase for those with poor records.
Rates for car insurance tend to increase based on the severity of the violation. For example, rates in Peoria increase by an average of $383 after a speeding ticket but by $789 after a DUI. You can still find the cheapest car insurance with a poor driving record by shopping around.
Cheapest Car Insurance in Peoria for Teens and Their Families
The cheapest car insurance companies for teens on a family policy in Peoria are:
- Travelers: $1,709 per year for female teens and $2,040 per year for male teens
- Nationwide: $2,472 per year for female teens and $2,681 per year for male teens
Allstate is the most expensive, costing $4,062 for female teens and $5,633 for male teens. Insurers often charge male teens higher rates because they are considered high-risk. However, this gender-based difference falls off in early adulthood.
Adding a teen to your existing family policy is generally more cost-effective than purchasing a separate policy. In Peoria, individual coverage for a male 16-year-old costs $5,905, while coverage under a parent's plan costs $3,011, a savings of $2,894. In addition, comparing quotes is the best way to find the cheapest car insurance for teens.
Cheapest Car Insurance in Peoria for Military Drivers
Peoria military families will find the best full coverage auto insurance rates from the following companies:
- USAA: $645 per year
- Travelers: $720 per year
USAA and Travelers also provide the cheapest full coverage policies and are the best options for those who want low-cost military auto insurance in Peoria.
How to Compare Cheap Peoria Car Insurance Quotes Online
Getting online quotes in Peoria, Arizona, can take 15 minutes or longer for each company and requires you to enter a lot of personal information. Get a quote fast by using MoneyGeek’s car insurance calculator. All you need to do is input your age, vehicle type, coverage level and driving record to get quick premium estimates.
Auto Insurance Calculator
See how the Average Annual Auto Insurance Rates vary with the options chosen.
Best Car Insurance in Peoria: Summary
The best insurance for you will depend on your affordability, coverage and customer service needs. Here are the best providers in different categories:
- Best overall: Auto-Owners Insurance (MoneyGeek score of 81 out of 100)
- Best for service: Auto-Owners Insurance (MoneyGeek score of 66 out of 100)
- Best cheap: Auto-Owners Insurance (MoneyGeek score of 84 out of 100)
Auto-Owners Insurance is also the best car insurance company throughout Arizona. Additionally, a company's overall MoneyGeek score can change as we give different weights to criteria in certain categories. Scoring 85 out of 100, USAA is another top option for military personnel and their families.
Best Overall Car Insurance in Peoria
The best car insurance providers in Peoria offer a balance of affordability and great customer service. The following are MoneyGeek’s picks:
- Auto-Owners Insurance: MoneyGeek score of 81 out of 100 ($735 per year)
- Travelers: MoneyGeek score of 78 out of 100 ($720 per year)
Auto-Owners Insurance earns a spot at the top for providing coverage at a competitive price and having fewer customer complaints, according to J.D. Power and National Association of Insurance Commissioners customer satisfaction studies. USAA is another great option, with a MoneyGeek score of 85 out of 100. However, its services are only available to the military community.
How was this MoneyGeek score calculated?
High scores in affordability and customer service
Offers diminished value coverage and accident forgiveness
Doesn’t offer original equipment manufacturer or airbag reinstallation coverage
Auto-Owners Insurance has a good customer satisfaction track record, which means it gets fewer complaints than other insurance companies. The provider also offers several coverage add-ons.
The company's diminished value coverage protects your investment. If your car is in an accident, it won't be worth as much as pre-accident, even after repairs. Diminished value coverage compensates you for the car's reduction in value. In addition, the at-fault accident forgiveness coverage waives the surcharge after your first at-fault accident. Drivers must not have claims or violations for three years before purchasing this add-on.
Auto-Owners Insurance also offers the Personal Automobile Plus Package, which conveniently bundles more than 10 coverages under one rate. The package includes identity theft protection, lock-rekeying, cell phone replacement and more.
Best Car Insurance in Peoria for Customer Service
The insurance companies offering the best customer service in Peoria, regardless of cost, are:
- Auto-Owners Insurance: MoneyGeek score of 66 out of 100 ($720 per year)
- Country Financial: MoneyGeek score of 65 out of 100 ($1,537 per year)
Auto-Owners Insurance is known for offering a positive customer experience and does so at an affordable price.
How was this MoneyGeek score calculated?
Low customer complaints and above-average claims handling score
Offers roadside assistance and gap insurance
Does not offer identity theft coverage, new car replacement or mechanical breakdown insurance
Drivers in Peoria frequently choose Auto-Owners Insurance because of its reputation for dependability at reasonable rates. It consistently delivers a smooth customer experience and has above-average claims handling, coverage and customer satisfaction scores.
Auto-Owners Insurance offers gap insurance that gives protection in the event of a total loss. This endorsement covers the difference between the current value of your vehicle and the amount you still owe on your lease or loan. The company will waive your deductible if you get into an accident with another vehicle insured by Auto-Owners.
Additional coverages include roadside assistance for emergency road service, including flat tires and dead batteries, and rental car reimbursement if you need a rental while your car is in the shop due to a covered incident.
Best Cheap Car Insurance in Peoria
The best companies in Peoria for minimum coverage policy that meets Arizona’s standards are:
- Auto-Owners Insurance: MoneyGeek score of 84 out of 100 ($350 per year)
- Travelers: MoneyGeek score of 80 out of 100 ($343 per year)
While minimum coverage policies are the most affordable, they offer limited liability protection and don’t cover damages to your car.
How was this MoneyGeek score calculated?
An affordable minimum coverage policy costs $350 per year
High affordability and claims score
Bundling, multiple car and responsible discounts available
Claims handling could use some improvement
Auto-Owners Insurance ranks at the top when it comes to offering affordable insurance. It consistently receives high marks from industry reviewers, and its MoneyGeek ratings show that it’s a dependable company with a nice track record for making good on its promises, although it could improve some areas of claims handling.
Policyholders who wish to save even more can take advantage of several discounts. These include discounts for bundling, students who maintain a “B” average, insuring multiple cars and having a clean driving history. Safety equipment, such as anti-theft systems, airbags and anti-lock brakes, also qualify for discounts.
If you request a quote before your current policy expires, opt for paperless billing, pay your annual policy bill in full or pay premiums on time for 36 consecutive months, you can score a discount.
Average Cost of Car Insurance in Peoria
Full coverage car insurance in Peoria costs $1,216 per year on average as of October 2022. Full coverage includes up to $100K in bodily injury liability per person, $300K in bodily injury liability per accident and $100K in property damage liability per accident.
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