The vehicle requiring coverage is probably the largest consideration that determines whether or not you find low-cost auto insurance for 20 year old guys. Vehicles with limited speed and performance, excellent safety ratings, or a track record of few liability claims will cost quite a bit less to insure than fast, unsafe models.
The information below features auto insurance costs for some of the cheapest vehicles to insure in Arizona.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V EX 2WD||$3,845|
|Ford Escape XLT 4WD||$3,903|
|Ford Explorer Eddie Bauer 2WD||$4,282|
|Toyota Tacoma 2WD||$4,510|
|Jeep Grand Cherokee Laredo 4WD||$4,567|
|Chevrolet Equinox LT 2WD||$4,572|
|Toyota Camry LE||$4,567|
|Toyota RAV4 Sport 4WD||$4,577|
|Volkswagen Jetta S 4-Dr Sedan||$4,567|
|Dodge Grand Caravan SXT||$4,622|
|Ford Focus SEL 4-Dr Sedan||$4,798|
|Chevrolet Impala LTZ||$4,856|
|Honda Odyssey EX-L||$4,863|
|Hyundai Elantra GLS 4-Dr Sedan||$4,856|
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Prices based on single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in zip code location which can influence premiums noticeably.
Looking at the rates, you can expect makes and models like the Honda CR-V, Ford Escape, Toyota Prius, and Ford Explorer are most likely to be some of the cheapest vehicles to insure for young men. The cost of a car insurance policy will tend to be higher just because there is a higher risk for 20 year old guys, but in general those models will tend to have the cheapest rates compared to all other vehicles.
Determining which company quotes the lowest-priced insurance rates for 20 year old guys calls for a little more work in order to find coverage that fits your budget.
Each auto insurance company used slightly different criteria for determining rates, so let's examine the insurance companies with the overall cheapest rates in Mesa, AZ. It's important to know that Mesa, AZ insurance rates are based on many factors which can substantially decrease or increase the price you pay for coverage. Simply improving your credit, filing a claim, or getting a few speeding tickets can cause premium changes that can cause some rates to be cheaper than others.
Find the Cheapest Car Insurance for Men Age 20
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,247|
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The Hartford quotes some of the lowest car insurance rates in Mesa at around $845 per year. This is $583 less than the average rate paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers also are some of the more affordable Mesa, AZ car insurance companies.
In the above rates, if you are currently insured with USAA and switched to Auto-Owners, you could earn yearly savings of about $192. Policyholders with Travelers could save as much as $231 a year, and Progressive insureds might lower prices by up to $242 a year.
To find out how your current rates compare, click here to get quotes or feel free to get quotes from the companies below.
These policy prices are averaged for all drivers and vehicles in Arizona and do not take into consideration a specific vehicle garaging location for 20 year old guys. So the auto insurance company that can offer you the best price may not even be in the top 28 companies in the list above. That helps illustrate why you need to get rate quotes using your own personal information and vehicle type.
One of the more important components that are looked at to help calculate the cost of insurance is your address in Mesa. Areas with more people or higher crime rates will most likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims tend to receive cheaper rates.
The table below shows the highest-priced places in Arizona for 20 year old guys to buy an auto insurance policy in. Mesa shows up at #9 having an annual price of $1,125 for the average insurance policy, which is about $94 each month.
|Rank||City||Premium Per Year|
|4||San Tan Valley||$1,185|
|25||Lake Havasu City||$844|
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Rate information is estimated as the specific Mesa residence address can raise or lower rates considerably.
The diagram below illustrates how your deductible choice can affect annual premium costs when getting quotes for cheap insurance for 20 year old guys. The rate quotes are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
As shown above, a 40-year-old driver could reduce rates by $244 a year by increasing from a $100 deductible to a $500 deductible, or save $370 by using a $1,000 deductible. Even younger drivers, like the 20-year-old example, could save $808 or even more just by choosing larger deductibles.
When choosing a higher deductible, it is necessary to have plenty of discretionary funds to satisfy the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Impact of speeding/accidents on insurance rates
A great way to get good insurance rates for young men is to be a safe driver and maintain a clean driving record. The information below demonstrates how speeding tickets and accidents increase car insurance costs for each different age category. The data assumes a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are factored in.
In the example above, the average cost of car insurance in Mesa per year with no violations or accidents is $1,813. Add in two speeding tickets and the average cost swells to $2,445, an increase of $632 each year. Now add two accidents along with the two speeding tickets and the annual cost of insurance for 20 year old guys goes up to an average of $4,587. That's an increase of $2,774, or $231 per month, just for not being attentive to the road!
What is the best insurance company in Arizona?
Picking a highly-rated insurance provider can be challenging considering how many companies there are in Arizona. The rank data below can help you decide which car insurance companies you want to consider when trying to find cheaper insurance for 20 year old guys.
The rankings below include companies with a nationwide focus, so companies that focus mainly on Arizona business will not be included in these rankings. If you would like to check rates from these top-rated insurers and more, just click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
Low rates can quickly become overpriced
Mesa insurance rates are impacted by many things that control the cost of your policy. Improving your credit rating, moving to a different location, or getting a ticket for careless driving can cause premium changes that can cause some rates to be cheaper than competitors. Not only may your risk profile change, but companies file new Arizona auto insurance rates every year to adjust for gains or losses. A period of increased losses can cause a rate increase, while profitable underwriting may result in cheaper Mesa car insurance rates.
As an example, the graph below shows the company with the cheapest car insurance in Mesa, AZ for a 45-year-old female driver with no accidents or violations, and excellent credit. If we look at prices based on her current risk factors, The Hartford may offer the most affordable car insurance rates in Mesa at $1,114 each year. This is $314 less than the average premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA round out the rest of the most affordable Mesa, AZ auto insurance companies.
The example below compares rates after we give the driver from the first rate comparison a claim surcharge, a lower credit rating, and a few traffic violations. Since every car insurance company uses their own method for determining prices, comparing insurance quotes may result in a substantially altered list of cheap Mesa auto insurance companies as shown below.
Ameriprise Group now has the best auto insurance rate in Mesa, AZ with GEICO, CSAA, Allied, and Farm Bureau Mutual also being competitive. This example demonstrates why Mesa drivers need to compare lots of rates when trying to get the best insurance rates for 20 year old guys. Car insurance prices are calculated by many factors and can decrease or increase without notice, so the cheapest option two years ago may now be one of the more expensive options.