The cheapest car insurance provider for you is influenced by your driving profile and needs. In Phoenix, Travelers offers the lowest rates for minimum coverage, full coverage, sports cars, teens and seniors. Root has the lowest rates for young adults and drivers with bad records or poor credit. USAA is the cheapest for military families.
If you want a balance of affordability and service, MoneyGeek ranked the best car insurance providers in Phoenix.
Cheapest Car Insurance in Phoenix, AZ
Cheapest Minimum Coverage Car Insurance in Phoenix
MoneyGeek’s research reveals that the cheapest minimum coverage car insurance providers in Phoenix are:
- Travelers: $358 per year
- Mercury: $367 per year
The most expensive provider in the city is The General, an affiliate of American Family Insurance, that specializes in insuring high-risk drivers. Its minimum coverage policy costs approximately $1,684 per year.
As of October 2022, Mercury offers the most affordable car insurance in Arizona, with an average cost of $333 per year. The difference in Phoenix's and Arizona’s cheapest provider underscores how location and population density impact auto insurance rates.
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To comply with state regulations, auto insurance policies in Arizona must have coverage for bodily injuries and property damage with at least the following limits:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $15,000 property damage liability per accident
If you cause an accident in Phoenix and have a minimum coverage policy, your insurance provider will pay for medical treatment expenses up to $50,000, with a cap of $25,000 per individual. Any additional costs for injuries to the other driver (and any damage to your car) will be your responsibility.
Cheapest Full Coverage Car Insurance in Phoenix
MoneyGeek found that the following companies offer the cheapest full coverage car insurance in Phoenix:
- Travelers: $773 per year
- Root: $789 per year
The General is the most expensive insurer in the city, with an average annual cost of $3,443 for full coverage insurance. It is an affiliate of American Family Insurance and specializes in high-risk driver car insurance.
Root provides the cheapest full coverage car insurance in Arizona, costing approximately $715 per year. Its statewide rates are cheaper compared to its prices in Phoenix, demonstrating how location can affect car insurance costs.
A full coverage policy includes comprehensive and collision insurance.
- Collision insurance: This covers damages to your car resulting from a crash with other vehicles or objects, such as a tree, fence or light pole.
- Comprehensive insurance: This pays for damages to your vehicle that are caused by non-collision incidents, such as falling objects, theft, vandalism, fire, flood and other weather-related hazards.
We recommend full coverage car insurance for most people. However, if you have an older car with minimal value, it may not be worth paying more to get full coverage.
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Cheaper insurers could pocket you hundreds of dollars per year.
Cheapest Car Insurance in Phoenix After a Driving Offense
If you have a driving violation, you might be able to find affordable car insurance in Phoenix from:
- Speeding ticket: Root ($968 per year)
- At-fault accident: Root ($990 per year)
- DUI: Root ($872 per year)
The General, which specializes in insuring high-risk drivers, has the highest prices for motorists with a violation:
- Speeding ticket: The General ($4,135 per year)
- At-fault accident: The General ($4,888 per year)
- DUI: The General ($4,495 per year)
A driving violation can impact your car insurance rates. Even if you choose an affordable provider, you will likely face more expensive rates compared to someone with a clean record.
The severity of your driving violations can sometimes impact your car insurance premiums. In Phoenix, a speeding ticket can increase your average annual premium by $388, while a DUI can add an extra $853. This makes a DUI around $465 more expensive than a speeding ticket.
Finding affordable car insurance coverage with a bad driving record is still possible by shopping around and taking advantage of discounts.
Yes. Root is a legitimate company that does things a little differently to provide low-cost car insurance to good drivers. To get a policy with Root, you must allow its telematics app to gather and analyze data while you drive for a few weeks. It monitors things like how focused you are when driving, whether you brake smoothly or hard and what time of day or night you drive. Then, you receive a car insurance policy quote based primarily on how you drive.
Root may take into account other individual ratings factors, such as motor vehicle record, ZIP code, age, marital status, gender, vehicle type and prior insurance coverage, but how you drive holds the most weight. Plus, unlike other companies, Root does not consider occupation or education level when pricing policies and plans to phase out credit scores from policy pricing by 2025.
Root wants to insure safe drivers and uses its telematics-based app to reward them with a low rate for good driving behavior. After the driving trial, if your behavior behind the wheel isn't a fit for a policy with Root, the company lets you know so you can look elsewhere for car insurance.
Cheapest Car Insurance in Phoenix for Teens and Their Families
If you're a teenager on a family car insurance policy in Phoenix, the cheapest insurers are:
- Travelers: $1,943 per year for female teens; $2,325 per year for male teens
- GEICO: $2,869 per year for male and female teens
Allstate charges the most expensive rates for teens on a family policy at $4,498 and $6,214 for female and male teenagers, respectively.
When it comes to car insurance, female teenagers generally have lower rates than their male counterparts since males are seen as riskier drivers. This trend is evident in Phoenix, where Travelers charges male teenagers $382 more.
As individuals enter early adulthood, this gender-based pricing discrepancy decreases.
Being on a family auto insurance policy is a more cost-effective choice for teenagers compared to buying an individual policy. And in most cases, a teen under age 18 cannot legally purchase car insurance unless a parent or guardian co-signs. In Phoenix, 16-year-old males can get full coverage on a family policy for an average of $3,011 per year. A separate policy for the same teenager would cost $5,905 annually, which is almost twice as much as the family rate.
Families can find cheap car insurance for teens by comparing offers and taking advantage of student-specific discounts.
Cheapest Car Insurance in Phoenix for Military Drivers
MoneyGeek’s research shows that the cheapest full coverage car insurance providers for drivers with military backgrounds in Phoenix are:
- USAA: $755 per year
- Travelers: $773 per year
If you're looking for minimum coverage, USAA and Travelers again offer the lowest rates at roughly $251 and $358 per year, respectively.
How to Compare Cheap Phoenix Car Insurance Quotes Online
To find the most affordable car insurance premium, we recommend that you compare quotes from multiple providers. However, getting an online estimate from one provider can take 15 minutes or more and requires entering a significant amount of personal information.
If you want to get an estimate instantly, MoneyGeek's car insurance calculator can help. It can quickly provide you with a quote based on your age, driving history, vehicle and preferred coverage levels.
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Cheapest Car Insurance in Phoenix for Young Adults
MoneyGeek’s study shows that the cheapest car insurance for young adults in Phoenix are:
- Root: $787 per year
- Travelers: $917 per year
At $5,008 per year, The General, a company that focuses on insuring high-risk drivers, has the most expensive car insurance for young adults in the city.
Car insurance rates for young adults are usually higher than those for older drivers. In Phoenix, drivers who are in their 20s pay approximately $373 more for full coverage auto insurance than those in their 40s.
Cheapest Car Insurance in Phoenix for Seniors
The most affordable car insurance providers for seniors in Phoenix are:
- Travelers: $764 per year
- Root: $851 per year
High-risk insurer The General has an annual premium for seniors looking for full coverage insurance that is $3,591, making it the most expensive choice in the city.
MoneyGeek found car insurance rates for older drivers are slightly more affordable than those for middle-aged drivers in Phoenix, which isn't common nationwide. In Phoenix, a 40-year-old driver pays an average of $1,360 per year, whereas a 65-year-old motorist pays around $1,309 per year. This is a $51 difference.
Cheapest Car Insurance in Phoenix for Poor Credit
If you have a poor credit score, you can find affordable full coverage car insurance in Phoenix from:
- Root: $1,006 per year
- Travelers: $1,069 per year
At roughly $15,107 per year, CSAA has the highest annual rate for drivers with bad credit.
In Phoenix, drivers who have low credit scores usually pay about 139% extra for their auto insurance compared to those with good credit. This means they may have to pay an additional $1,888 annually. You can still find cheap auto insurance despite having bad credit.
If you have poor credit, insurers may consider you more prone to filing claims, which leads to higher insurance rates.
You can use different methods to lower your insurance costs, such as taking advantage of discounts and comparing quotes from different providers. Additionally, improving your credit score can also eventually decrease your premium.
Cheapest Car Insurance in Phoenix for Sports Cars
In Phoenix, you can find cheap car insurance for sports cars from:
- Travelers: $777 per year
- GEICO: $1,078 per year
The General has the highest average annual rate of $4,141.
The car you drive can have a significant impact on your insurance costs. Generally, Phoenix drivers with regular cars pay $1,360 per year for full coverage auto insurance. However, if you own a Mustang, your premium rises by around 16% (or $220) to $1,580 per year.
By researching quotes for a Ford Mustang, MoneyGeek examined how driving a sports car may affect car insurance rates. Premiums may differ depending on the specific vehicle model.
As with other cities, Phoenix's insurance rates are usually higher for luxury cars, electric cars and sports cars.
Average Cost of Car Insurance in Phoenix
On average, car insurance in Phoenix costs approximately $1,360 per year for a full coverage policy with bodily injury liability limits of $100,000 per person and $300,000 per accident and $100,000 in property damage liability per accident.
Car insurance prices may change based on factors like location. Full coverage car insurance in Phoenix is about $167 higher than the average cost of car insurance in Arizona and $95 more expensive than the national average.
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