The words “affordable” and “insurance” really don’t belong together, especially when comparison shopping for the lowest insurance rates for drivers over age 60. Because it’s not cheap, let’s teach you a few of the factors that have an effect on insurance rates, and find a way to take the sting out of your next policy.
For older drivers, one of the more important considerations that determine the amount you pay each year for auto insurance is where you keep your vehicle in Mesa. Areas with more people or more claims tend to pay slightly more, whereas areas with less crime or weather claims receive better rates.
The illustration below shows the most expensive cities in Arizona for drivers over age 60 to buy an auto insurance policy in. Mesa is ranked at #11 with a yearly premium of $1,113 on average, which is around $93 monthly.
|Rank||City||Premium Per Year|
|4||San Tan Valley||$1,185|
|25||Lake Havasu City||$870|
|Find Cheaper Insurance Go|
Table data uses approximated as the specific area where the vehicle is garaged can modify coverage prices greatly.
Figuring out which companies offer the best auto insurance rates for drivers over age 60 involves a little more effort in order to find the lowest price. Each auto insurance company uses different criteria for determining prices, so we need to take a look at the auto insurance companies that tend to have lower prices in Mesa, AZ.
It’s important that you understand Arizona auto insurance rates are based on many factors that can increase the policy premium. Getting older, buying higher coverage limits, or getting a DUI can trigger rate changes resulting in some rates now being affordable when they were higher priced.
Best Car Insurance Prices for Age 60+
The Hartford generally has some of the most affordable car insurance rates in Mesa at around $836 a year. This is $592 less than the average premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, USAA, and Travelers also qualify as some of the more affordable Mesa, AZ car insurance companies.
As the rates illustrate above, if you currently have a policy with USAA and switched to The Hartford, you might realize an annual savings of about $255. Insureds with Travelers could save as much as $283 a year, and GEICO customers might see rate reductions of $306 a year.
Understand that those policy rates are averages for all ages of drivers and types of vehicles and are not factoring in a vehicle location for drivers over age 60. So the auto insurance company that can offer you the lowest price may not even be in the top 28 companies in the list above. That is why you need to compare prices as often as possible using your own driver data and vehicle information.
The vehicle requiring insurance is one of the primary factors when quoting cheaper coverage for drivers over age 60. Vehicles with lots of speed or power, poor crash test ratings, or a track record of large liability claims will cost significantly more to insure than more modest models. The data below estimates auto insurance rates for a handful of the most budget-friendly vehicles to insure.
|Vehicle||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$1,318|
|Honda CR-V EX-L 4WD||$1,347|
|Ford Escape XLT 4WD||$1,356|
|Ford Explorer XLT AWD||$1,478|
|Toyota Tacoma 4WD||$1,484|
|Ford Edge SE AWD||$1,534|
|Chevrolet Impala LT||$1,563|
|Jeep Grand Cherokee Laredo 2WD||$1,569|
|Toyota RAV4 Limited 2WD||$1,563|
|Dodge Grand Caravan Crew||$1,592|
|Hyundai Elantra Blue 4-Dr Sedan||$1,618|
|Honda Odyssey EX-L W/Rear Entertainment||$1,647|
|Ford Fusion Sport 4-Dr Sedan||$1,676|
|Chevrolet Silverado LTZ Extended Cab 4WD||$1,685|
|Chevrolet Equinox LTZ AWD||$1,676|
|Toyota Corolla XRS||$1,685|
|GMC Sierra 2500HD SLE Crew Cab 4WD||$1,676|
|Chevrolet Malibu LTZ||$1,685|
|Volkswagen Jetta SE 4-Dr Sedan||$1,676|
|Nissan Altima Hybrid 4-Dr Sedan||$1,683|
|Kia Optima LX||$1,678|
|Nissan Rogue S 2WD||$1,684|
|Start Your Quote Go|
Above prices assume single male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rate information does not factor in specific Mesa, AZ garaging location which can raise or lower price quotes greatly.
Based upon the table data, you can conclude that cars like the Honda Accord, Honda CR-V, and Ford Escape are some of the more affordable vehicles to insure for older drivers.
How to get discounts on Mesa insurance
Insurance providers that offer coverage for drivers over age 60 may have special discounts that could potentially reduce rates by 40% or more if you are eligible. A list of companies and some of the premium reductions they offer are:
- Progressive includes discounts for online quote discount, good student, online signing, continuous coverage, and multi-policy.
- AAA offers discounts including good driver, good student, multi-car, pay-in-full, and education and occupation.
- Farmers Insurance may offer discounts for good student, mature driver, teen driver, switch companies, early shopping, distant student, and alternative fuel.
- GEICO may include discounts for anti-theft, daytime running lights, driver training, air bags, five-year accident-free, defensive driver, and military active duty.
- Esurance policyholders can earn discounts including multi-car, anti-lock brakes, DriveSense, safety device, and online shopper.
- SAFECO has savings for homeowner, teen safety rewards, multi-car, teen safe driver, and bundle discounts.
- State Farm offers discounts for Drive Safe & Save, multiple autos, anti-theft, good driver, and Steer Clear safe driver discount.
The illustration below visualizes the comparison of annual premium costs with and without discounts applied to the rates. The premiums assume a male driver, no claims or driving violations, Arizona state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with accident-free, multiple vehicle, safe-driver, defensive driving course, vehicle safety, and passive restraint discounts applied. When discounts are applied, theaverage amount saved on auto insurance for drivers over age 60 is 30% or $630.
Reckless driving habits raise Mesa auto insurance rates
A great way to score good auto insurance rates in Arizona for older drivers is to be a good driver and avoid accidents and keep your driving record clean. The information below illustrates how violations and accident claims can drive up insurance rates for different age categories. The prices are based on a married male driver, full coverage, $100 deductibles, and no other discounts are factored in.
In the previous chart, the average cost of car insurance in Mesa per year with a clean driving record and no accidents is $1,472. Get written up for two speeding tickets and the average cost increases to $2,034, an increase of $561 each year. Then add in two accidents along with the two speeding tickets and the annual cost of auto insurance for drivers over age 60 goes up to an average of $4,027. That’s an increase of $2,554, or $213 per month, just for not paying attention while driving!
What aren’t you shopping around?
Arizona auto insurance rates are impacted by many factors that may substantially change the price you have to pay for coverage. Simply improving your credit, moving across town, or getting a driving violation can trigger price changes resulting in some companies being much cheaper than others.
Additionally, car insurance companies change prices at least once a year in order to maintain liquidity for claims. A period of increased losses may cause increased policy costs, while a profitable period may result in cheaper Mesa car insurance rates.
For example, the chart below shows the cheapest car insurance in Mesa, AZ for a 30-year-old female driver with no prior claims, no tickets, and good credit. If we estimate prices based on her personal profile, The Hartford has the best car insurance rates in Mesa at $1,067 each year. This is $361 less than the average rate paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are the remainder of the cheapest Mesa, AZ auto insurance companies.
In the next rate comparison, we’ll give the driver from the above example a claim or two, bad credit, and an imperfect driving record. Since each auto insurer has a different formula for setting rates, comparing quotes may now present a different set of the cheapest Mesa car insurance companies as shown below.
GEICO now has the cheapest price in Mesa, AZ with Ameriprise Group, CSAA, Allied, and Auto-Owners also having competitive pricing. This demonstrates why it is important to take the time to shop around when trying to get the lowest insurance quotes for drivers over age 60. Rates are calculated by many risk factors and can change without notice, so the lowest-price company the last time you shopped your coverage around may now be wasting a lot of money.