Life would sure be easier if we could just tell you the one company that has the best auto insurance prices in Arizona. It’s just not that easy, however, as there are a whole slew of unknown aspects like if you have ever had a coverage lapse, the safety ratings of your vehicle, whether you just need liability insurance, and what level of deductibles you need, that all factor into the price you pay. This article delves into these topics and will hopefully give you a solid foundation to find cheaper car insurance in Arizona.
One of the many factors that aid in calculating auto insurance rates is where you normally keep your vehicle in Mesa. Areas with a lot of weather claims or more people are more likely to have higher rates, whereas areas with lower crime rates and fewer weather claims have the luxury of cheap car insurance rates.
The following table ranks the highest-priced areas in Arizona for safe drivers to purchase auto insurance in. Mesa shows up at #9 with an annual cost of $1,113 for coverage, which is approximately $93 monthly.
|Rank||City||Average Per Year|
|4||San Tan Valley||$1,185|
|25||Lake Havasu City||$844|
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Price information shown is approximated as the specific zip code location can decrease or increase insurance rates noticeably.
Shopping around for cheap car insurance is not always easy, and deciding which insurers offer the cheapest insurance rates for safe drivers calls for even more diligence. Each insurer has a proprietary method to set premium rates, so first we will examine the insurance companies that tend to have lower prices in Mesa, AZ.
It’s important to understand that Mesa, AZ insurance rates are impacted by many things that control the cost of coverage. Price variation is why Mesa drivers need to perform an extensive rate comparison when trying to find the cheapest insurance quotes for safe drivers. Auto insurance prices are calculated by many different factors and can decrease or increase without notice, so the cheapest rate a year ago may now be costing you a lot of money.
Find the Cheapest Auto Insurance for Safe Drivers
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,297|
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The Hartford has some of the most affordable car insurance rates in Mesa at around $845 each year. This is $583 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers would also make the list of some of the best Mesa, AZ auto insurance companies.
As shown above, if you currently have a policy with USAA and switched to Auto-Owners, you might achieve savings of about $167. Drivers with Travelers could save as much as $184 a year, and Progressive customers might lower prices by $228 a year.
Be aware that those premium estimates are averages across all drivers and vehicles and do not factor in an exact vehicle garaging location for safe drivers. So the auto insurance company that fits your age and vehicle best may not even be in the top 28 companies in the list above. That underscores the importance of why you need to quote rates from many companies using your own driver data and vehicle information.
The car, truck, or SUV you are trying to insure is one of the main factors in finding the lowest-priced insurance for safe drivers. Vehicles with higher performance, a lack of safety features, or high incidents of liability claims will cost quite a bit more to insure than safer models.
The list below illustrates insurance rates for a selection of the most cost-effective vehicles to insure.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$1,294|
|Honda CR-V EX 4WD||$1,322|
|Dodge Grand Caravan SE||$1,445|
|Ford Explorer XLT AWD||$1,451|
|Ford Edge SE AWD||$1,501|
|Ford Fusion S 4-Dr Sedan||$1,529|
|Toyota RAV4 Limited 4WD||$1,536|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$1,557|
|Nissan Rogue S 2WD||$1,639|
|Jeep Grand Cherokee Limited 4WD||$1,647|
|Kia Optima LX||$1,639|
|Toyota Tacoma 2WD||$1,642|
|Compare Cheap Rates Go|
Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in vehicle location which can impact premiums noticeably.
Based upon the rates shown, you can conclude that models like the Ford Escape, Honda CR-V, Dodge Grand Caravan, and Ford Explorer are likely to be the most affordable vehicles to insure for good drivers.
Cost of full coverage in Mesa
Reducing premiums for insurance should be important to most vehicle owners, and a great way to buy cheap insurance for safe drivers is to buy liability only. The example below compares insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on no violations or accidents, $1,000 deductibles, single status, and no discounts are applied to the premium.
If we average all the age groups together, physical damage coverage on your policy costs $1,366 per year more than carrying just liability coverage. That may make you wonder when is the right time to remove full coverage. There is no clear-cut formula to eliminate physical damage coverage, but there is a general school of thought. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s say your vehicle’s claim settlement value is $6,500 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $5,500 after paying your deductible. If you are paying more than $550 annually for your policy with full coverage, then it may be the right time to buy liability only.
Reckless driving habits raise insurance rates
One of the best ways to score low insurance prices for good drivers is to be a careful driver and avoid accidents and traffic citations. The illustration below demonstrates how citations and at-fault accidents can affect car insurance costs for different age groups. The information is based on a single female driver, full coverage, $1,000 deductibles, and no discounts are applied.
The data charted above shows the average cost of a car insurance policy in Arizona per year with no accidents and a clean driving record is $1,207. Factor in two speeding tickets and the average cost surges to $1,604, an increase of $397 each year. Then add one accident along with the two speeding tickets and the annual cost of insurance for safe drivers jumps again to an average of $2,008. That’s an increase of $801, or $67 per month, just for not keeping your driving record clean!
The illustration below highlights how deductible choice can increase or decrease annual premium costs when searching for cheap insurance for safe drivers. The prices are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
A 40-year-old driver could lower their car insurance rates by $342 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $518 by changing to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could drop their prices as much as $1,138 every year by selecting a higher deductible. When using a larger deductible, it will be required to have enough spare savings to be able to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Why are you paying too much for Mesa car insurance?
Mesa, AZ insurance rates are impacted by many factors that may substantially change the policy premium. Turning one year older, marrying your spouse, or getting a speeding ticket can trigger changes in premium that can now make some companies cheaper than competitors. Not only may your situation change, but companies amend premium rates without warning to reflect underwriting profits or losses. Heavier than normal losses can result in higher prices, while profitable underwriting may result in cheaper Mesa car insurance rates.
The graph below analyzes the cheapest car insurance in Mesa, AZ for a 45-year-old male driver with a clean driving record, no accidents, and a high credit rating. If we estimate prices based on his current risk factors, The Hartford has the most affordable car insurance rates in Mesa at $1,082 a year. This is $346 less than the average rate paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers are also included in the top five cheapest Mesa, AZ auto insurance companies.
The next chart shows rates after we give the driver from the first set of rates some claims, a lower credit rating, and a few blemishes on his driving record. Because every insurance company has their own unique process for setting rates, comparing quotes may result in a new list of cheap Mesa auto insurance companies as shown below.
CSAA now has the cheapest auto insurance in Mesa, AZ with GEICO, Allied, Ameriprise Group, and Farm Bureau Mutual also having competitive pricing. This example demonstrates why drivers need to compare as many rates as possible to get cheap insurance rates for safe drivers. Insurance prices are influenced by many factors and can increase or decrease at any time, so the most economical option a year ago may now cost much more than other companies.