Tempe’s average car insurance cost is $1,259 yearly, which is less than Arizona’s state average. While rating the insurers based on the coverage level and driver profile, MoneyGeek found that the cheapest widely available insurer in Tempe is GEICO. If you’re looking for affordable insurance with great quality, MoneyGeek has recommended the best insurers in Tempe.
Compare the Cheapest Car Insurance Quotes in Tempe, AZ
The Cheapest and Best Car Insurance in Tempe
The Cheapest Car Insurance Companies in Tempe
For a full coverage car insurance policy in Tempe, the following insurers have the cheapest rates:
- GEICO: $720 yearly
- USAA: $762 yearly (only serving current and former military members)
With an average annual premium of $720, GEICO provides the most affordable car insurance in Tempe. On the other hand, MetLife is the most expensive provider. On average, a MetLife policy in Tempe costs about $1,937 per year, almost three times the price of a comparable GEICO policy.
For this study, MoneyGeek used a sample driver profile. In this scenario, the driver is a 40-year-old male with a full coverage policy, including liability and comprehensive collision coverage.
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Average Cost of Car Insurance in Tempe
The average cost of car insurance in Tempe comes to $1,259 per year. This is just 1.9% lower than the state average of $1,284 and 11.6% cheaper than the national average of $1,424.
The Best Car Insurance Companies in Tempe
MoneyGeek’s scoring system ranked the best insurance companies in Tempe for drivers looking for a balance of affordable rates and quality service. The best two companies based on the scores for most drivers are:
- GEICO: MoneyGeek score of 90 of 100
- State Farm: MoneyGeek score of 85 of 100
USAA received the highest score in Tempe 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.
MoneyGeek used metrics including J.D. Power user satisfaction, affordability and financial stability to determine scores out of 100 total possible points.
Personalized Quotes to Get You the Cheapest Car Insurance in Tempe
In Tempe, car insurance providers calculate annual premium costs by assessing various individual factors like age, driving record, credit score, location and the vehicle’s make and model. As your situation changes, your auto insurance rates can change and you may be eligible for discounts and rebates.
To ensure that you have the most accurate rate, regularly compare personalized quotes from multiple providers.
Shopping around for car insurance in Tempe could save you $539, which is enough to buy:
Cheapest Car Insurance in Tempe by Coverage Amount
One of the factors that affect the cost of insurance is the amount of coverage that you purchase. A state minimum liability plan covering bodily injuries and property damages in Tempe costs an average of $642 in Tempe. A full coverage policy with higher liability limits costs roughly $617 more at $1,259 yearly on average.
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.
You have several coverage levels to choose from for car insurance in Tempe. If you want the cheapest car insurance option, a state minimum liability-only plan from GEICO would cost you around $349 per year. However, for peace of mind, you can opt for additional coverage. With a 50/100/50 liability-only or full-coverage plan, you can claim $50,000 for medical costs per person, with a limit of $100,000 per accident, along with $50,000 for property damage.
Importantly, a full-coverage plan also takes care of your expenses if an accident occurs. If the price difference between the liability-only and full-coverage options is something you can handle, the latter might be the better option. GEICO’s 50/100/50 liability-only policy costs about $482. For $133 more on average, you can upgrade to GEICO’s 50/100/50 full-coverage plan.
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 Tempe if You Have Driving Violations
Maintaining a clean driving record can do wonders if you want to keep car insurance costs in check. If you have speeding tickets, at-fault accidents or DUIs on your record, your premium costs can skyrocket. For example, your average annual premium for a Progressive policy in Tempe would be about $975 if you have a clean record. With a speeding ticket, you would have to pay about $356 more. If you have been involved in an at-fault accident, your costs will increase by roughly $711.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Where you live in Tempe can also impact your car insurance costs, as rates sometimes vary for different ZIP codes. The difference between the most affordable and most expensive auto insurance neighborhoods in Tempe is about $35. Drivers in ZIP code 85281 pay approximately $1,243 per year, while drivers in ZIP code 85282 pay about $1,278.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Tempe
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 Tempe. How Tempe 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 Tempe 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.
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