bestauto insurancePhoenix2022Compare the Cheapest Car Insurance Quotes in Phoenix, AZ
The average car insurance rate in Phoenix is $1,430 annually, which is more expensive than the state average. The cheapest widely-available insurer in the city is GEICO with an average annual rate of $857. MoneyGeek evaluated the cheapest options by coverage amount and driver profile. MoneyGeek also recommended the best companies for drivers who want affordability and quality service.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 11/8/2022
Written By |
Mark Fitzpatrick
GEICO offers the cheapest car insurance in Phoenix at $857 per year for full coverage and $400 for a minimum coverage policy. At $1,021, it is also the most affordable option for drivers with speeding tickets. USAA may be the cheapest option if you’re from a military family. Overall, GEICO is MoneyGeek’s top pick for insurance in Phoenix as it balances service and affordability.
bestauto insurancePhoenix2022The Cheapest and Best Car Insurance in Phoenix
The Cheapest Car Insurance Companies in Phoenix
The two companies that offer the cheapest car insurance in Phoenix are:
- GEICO: $857 per year
- Progressive: $1,137 per year
At $845 per year, USAA is the most affordable option for current and former military members and their families.
GEICO has the most affordable full coverage car insurance in Phoenix, with an annual premium that is $1,245 cheaper than the most expensive policy offered by MetLife. Full coverage policies include comprehensive and collision insurance, but yearly premiums vary depending on how much liability insurance you select, your personal profile and your driving history.
Cheapest Car Insurance in Phoenix
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$845
- 2.$857
- 3.$1,137
- 4.$1,241
- 5.$1,283
Based on MoneyGeek’s methodology, our analysis used a 40-year-old male as the sample driver, carrying a full coverage policy in Phoenix.
In addition to liability insurance, full coverage car insurance also includes the following coverages that are not provided with minimum coverage policies:
- Collision Insurance: Pays for your car’s damages if you hit another vehicle or a stationary object.
- Comprehensive Insurance: Protects against expenses to your car from non-collision damages and loss.
Although costlier than minimum coverage policies, full coverage insurance provides protection in case of any damage to your vehicle.
If you own an older vehicle, choosing a policy that meets state minimum requirements may be a better option. This is because the premiums for full coverage insurance may wind up costing more than the replacement value of your car.
Compare Car Insurance Rates in Phoenix
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Phoenix for Minimum Coverage
The cheapest insurance options in Phoenix are those that offer only minimum coverage. The insurers that provide the most affordable minimum coverage policies in the city are:
- GEICO: $400 per year
- Progressive: $547 per year
USAA offers the cheapest state minimum insurance in Phoenix at $415 per year, but it is available only for military members and their families.
GEICO’s policy is $633 cheaper than the most expensive minimum coverage policy provided by MetLife. Although minimum coverage policies are the most affordable, you don’t get comprehensive and collision coverage with such policies. The lower liability limit also increases your risk of financial burden in the event of an accident.
You can check the table below to see how rates differ with higher liability limits.
Cheapest Minimum Liability Car Insurance in Phoenix
State Minimum
- CompanyState Minimumper year
- 1.$400
- 2.$415
- 3.$547
- 4.$599
- 5.CSAA$620
Arizona drivers are required by state law to have minimum auto insurance with 25/50/15 in liability limits. This is the cheapest auto insurance option and will reduce your premiums, but you may have to pay a large amount unexpectedly in the event of an accident.
For instance, if you’re at fault in an accident and the other driver’s medical bills total $50,000, a minimum coverage policy would only cover up to $25,000. You would be responsible for paying the balance, in this case $25,000, yourself.
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 Phoenix if You Have Driving Violations
Your driving record is an important factor that determines the cost of your car insurance premiums. Having prior violations such as speeding tickets, DUIs and at-fault accidents will increase the cost of insurance.
In Phoenix, the insurers with the cheapest policies for drivers with violations are:
- Cheapest after a ticket: GEICO, $1,021 per year
- Cheapest after an at-fault accident: GEICO, $1,247 per year
- Cheapest after a DUI: American Family, $1,330 per year
If you have violations on your record in Phoenix, you may get cheaper car insurance by improving your driving history over time. Meanwhile, you can look around for the best cheap car insurance for drivers with bad records.
Cheapest Car Insurance in Phoenix With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$1,021
- 2.$1,080
- 3.$1,330
- 4.$1,423
- 5.$1,558
Average Cost of Car Insurance in Phoenix
Phoenix$1,430
Arizona$1,284
U.S.$1,424
The annual average car insurance rate in Phoenix is $1,430. This is 11.4% higher than the average rate in the state of Arizona, with Glendale next at $1,412, and Chandler and Gilbert the lowest at $1,195. In comparison to the average national car insurance cost, Arizona is 0.4% higher.
Personalized Quotes to Get You the Cheapest Car Insurance in Phoenix
Car insurance companies offer personalized quotes that allow drivers to get custom rates based on their needs. Auto insurance quotes in Phoenix, much like in other cities, rely on factors such as the type of car, the driver’s age and experience, gender, credit score, ZIP code and driving history.
Every car insurance company has its own formula when computing its quotes, so it is best to inquire and compare the prices of different companies. At the same time, drivers should regularly request personalized quotes as they may qualify for discounts, rebates or other savings.
The driver’s age is a major factor in how car insurance companies determine their rates in Phoenix. A younger driver will pay a higher premium because they are less experienced, and therefore, are considered a financial risk as they can lead to higher insurance claims. Young drivers also have a high tendency for distracted driving, reckless and dangerous behavior behind the wheel.
Another component of a quote is the driver’s credit score. Insurers assess a driver’s credit score with the assumption that good credit scores result in fewer insurance claims. A driver with a bad credit rating can pay up to $1,428.36 more than another driver with an exceptional credit score.
Compare Car Insurance Rates in Phoenix
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Phoenix
MoneyGeek ranked the top insurance options for drivers in Phoenix that offer a balance of affordability and quality service. The best auto insurance companies in Phoenix for most drivers are:
- GEICO: MoneyGeek score of 90 out of 100
- State Farm: MoneyGeek score of 85 out of 100
USAA scored highest as per MoneyGeek’s rating system. It may be the best car insurance option for veterans, military members and their families in Phoenix.
MoneyGeek evaluated user satisfaction, affordability and insurer financial stability to calculate the final scores. We also used data from data analytics and consumer intelligence company J. D. Power and other independent outfits.
1
USAA
Score:100
2
GEICO
Score:96
3
CSAA
Score:83
4
Liberty Mutual
Score:83
5
Safeco
Score:78
6
American Family
Score:76
7
State Farm
Score:74
8
Progressive
Score:72
9
Travelers
Score:72
10
Nationwide
Score:70
11
Allstate
Score:60
12
Farmers
Score:43
Average Cost of Car Insurance by Postal Code
One of the major factors insurance companies use when determining your rates is your ZIP code. Insurers will often quote higher prices for a driver who lives in a densely populated neighborhood or an area with a high number of claims.
In Phoenix, drivers in the 85032 ZIP code will pay an average annual premium of $1,276, which is nearly $300 cheaper than drivers in the 85009 area.
- Zip CodeState Minimumper year
- 85032$1,276
- 85022$1,325
- 85008$1,407
- 85037$1,426
- 85041$1,439
Factors That Impact Insurance Costs in Phoenix
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 Phoenix. How Phoenix ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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