For young women, one of the more important things that are looked at to determine insurance cost is your address. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with less crime or weather claims tend to receive cheaper rates.
The illustration below rates the most expensive places in Arizona for 20 year old women to buy car insurance in. Mesa ranks #7 with an annual rate of $1,147 for the average insured, which is about $96 monthly.
|4||San Tan Valley||$1,196|
|25||Lake Havasu City||$852|
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Premium amounts are approximated as the garaging address in Mesa can affect rates greatly.
The car, truck, or SUV that is being insured is a large factor when comparing the best cheap auto insurance for 20 year old women. Vehicles with higher performance characteristics, poor crash test ratings, or a track record of large liability claims will cost more to insure than more modest models. The table below illustrates insurance rates for a number of the most economical vehicles to buy coverage for.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$2,842|
|Honda CR-V LX 4WD||$2,849|
|Honda Accord EX 4-Dr Sedan||$2,842|
|Hyundai Elantra SE Touring Station Wagon||$3,064|
|Dodge Grand Caravan SE||$3,188|
|Chevrolet Impala LS||$3,327|
|Toyota Tacoma 2WD||$3,334|
|Chevrolet Silverado LT Extended Cab 4WD||$3,369|
|Toyota RAV4 Sport 2WD||$3,374|
|Ford F-150 SVT Raptor Super Cab 4WD||$3,413|
|Ford Explorer Limited 4WD||$3,419|
|Honda Civic LX-S 4-Dr Sedan||$3,511|
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Prices above based on single female 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. Table data does not factor in specific location information which can modify coverage prices greatly.
Based upon the rates shown, you can conclude that cars like the Ford Escape, Honda CR-V, Honda Accord, and Hyundai Elantra are going to be some of the most budget-friendly vehicles to insure for young women. The price of auto insurance will tend to be more expensive anyway just due to the fact that there is more claim risk for 20 year old women, but generally speaking those specific models will tend to have the cheapest auto insurance rates compared to all other vehicles.
Careless drivers pay higher rates
The easiest method to enjoy the best insurance prices in Arizona for young women is to be a careful driver and avoid traffic citations and accidents. The information below highlights how traffic violations and at-fault claims increase insurance rates for each age group. The data assumes a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.
In the previous chart, the average cost of an auto insurance policy in Mesa per year with no violations or accidents is $1,605. Factor in two speeding tickets and the average cost hikes up to $2,138, an increase of $533 each year. Then add in two accidents along with the two speeding tickets and the annual cost of insurance for 20 year old women goes up to an average of $4,376. That’s an increase of $2,771, or $231 per month, just for not maintaining a clean driving record!
Rate comparison of full coverage and liability-only
Saving on insurance is the goal of the majority of vehicle owners, and a great way to find cheaper insurance for 20 year old women is to only pay for liability coverage. The chart below shows the difference between annual premium costs with liability coverage only compared to full coverage. The rate quotes are based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are applied.
If we average the cost for all age groups, full coverage costs an extra $2,107 per year over liability only. At some point, every insured wonders if you should buy full coverage. There is no exact rule to stop paying for physical damage insurance, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your vehicle’s book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If you are paying over $800 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.
Choosing a high-quality insurer can be challenging considering how many choices there are in Arizona. The company information shown below could help you select which auto insurance companies to look at when shopping car insurance rates for 20 year old women.
The ratings below are only made up of companies that insure vehicles across America, so smaller companies that only insure vehicles in Arizona are not factored into this list. To get rate quotes and find cheaper insurance for 20 year old women, 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
Comparing rates can save you money
Mesa, AZ insurance rates are influenced by many factors that control the cost of a policy. Improving your credit rating, buying a new vehicle, or getting a ticket for careless driving can trigger changes in premium that can cause some rates to be more affordable than others. Not only may your situation change, but car insurance companies change the rates they charge in Arizona as often as every three months in order to offset underwriting gains or losses. An extended period of higher than normal claims may cause higher prices, while a better loss history may produce cheaper Mesa car insurance rates.
To illustrate this point, the bar chart below shows which company has the cheapest car insurance in Mesa, AZ for a 35-year-old female driver with a clean driving record, no accidents, and good financial standing. When comparing rates based on her current rating profile, The Hartford has the lowest car insurance rates in Mesa at $1,079 annually. This is $349 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and Progressive are also included in the top five cheapest Mesa, AZ auto insurance companies.
Now we will pretend the driver from the first example a claim or two, poor credit, and a speeding citation. Due to the fact that every auto insurer has a unique formula to determining premium rates, analyzing rate quotes could result in a substantially altered list of the cheapest car insurance companies in Mesa as shown below.
GEICO now has the lowest car insurance rate in Mesa, AZ with Ameriprise Group, CSAA, Allied, and Farm Bureau Mutual also being competitive. This demonstrates why Arizona drivers need to compare as many rates as possible to find the cheapest auto insurance rates for 20 year old women. Insurance prices can be altered by many factors and change substantially, so the best price the last time you checked may now be quite expensive.
The insurance agencies below can probably provide answers to your questions and help you determine which insurance coverage you need, since some people have coverage questions and would like to have some advice when trying to find the best insurance rates for young women. It can be hard to find coverage yourself, and insurance agents can add comfort knowing your policy gives you sufficient coverage at claim time. To find a Mesa insurance agency using an interactive map, click the button at the bottom.
Pete Evans – State Farm Insurance Agent
5616 E McKellips Rd #105 – Mesa, AZ 85215 – (480) 985-1952
Jayson Hoffer Insurance Agency
1930 South Alma School Road A101 – Mesa, AZ 85210 – (480) 948-6115
The Adams Agency
3851 E Main St – Mesa, AZ 85205 – (480) 924-2600