Cheap Car Insurance Companies In Arizona

The average semiannual cost of car insurance in the state of Arizona is $840.13. An insured premiums are influenced by more variables than purely their place of residence. Car insurance underwriters calculate auto insurance rates after assessing a range of criteria such as the policyholder’s age, driving record, marital status, and credit rating. We examined typical car insurance costs in Arizona across each of the predominant rating factors. We aim to provide consumers insight to identify a car insurance policy that meets their needs and budget.

*Data Methodology – Updated 3/3/2024

The Arizona car insurance rates are based on a 35-year-old male with the most popular car (Honda Accord) living in AZ. The Quote is for full coverage with comprehensive at $500 deductible and collision at $500 deductible.

Arizona Minimum Liability Coverage

Arizona requires all drivers to carry minimum liability insurance coverage. This protects you financially in case you’re involved in a crash where you’re found at-fault. Arizona’s minimum liability requirements are:

• Bodily Injury Liability: $15,000 per person and $30,000 per accident. This covers injuries or death to other people in an accident you cause.
• Property Damage Liability: $10,000. This covers damage to other people’s vehicles or property in an accident you cause.
• Medical Payments Coverage: $5,000. This optional coverage pays for medical expenses of people injured while in your vehicle, regardless of fault.

It’s important to consider carrying more than the state minimums, especially if you have assets you want to protect. The cost of injuries, medical bills and vehicle repairs from an accident can easily exceed Arizona’s minimum requirements.

For just a few dollars more per month, you can increase your limits to $50,000 or $100,000. This provides greater financial protection if you’re involved in a severe accident.

Penalties for Driving Without Insurance in Arizona

If you are caught driving without insurance in Arizona, you will face serious penalties. Arizona law requires all drivers to maintain continuous liability insurance coverage. This ensures that if you are involved in an accident, there is coverage to pay for damages and injuries to other parties. Not having insurance is a crime in Arizona, punishable by the following:

The first offense is a class B misdemeanor punishable by up to six months in jail and a minimum fine of $500. Your vehicle may also be impounded for up to 30 days. You will also have four points added to your driving record.

For a second offense within 84 months, the penalty increases to a class 1 misdemeanor punishable by up to six months in jail and a minimum fine of $750. Your vehicle will likely be impounded for up to 90 days. You will have six points added to your driving record.

For a third or subsequent offense, you face a class 1 misdemeanor punishable by up to six months in jail and a minimum fine of $1,000. Your vehicle will likely be impounded for up to 120 days. You will have eight points added to your driving record, which could lead to a suspended license.

In addition to the above penalties, you will also be required to provide proof of insurance to the court and maintain continuous insurance coverage going forward. Failure to do so can result in further penalties, including additional jail time. If you are caught driving without insurance in Arizona, it is important to resolve the issue as quickly as possible to minimize penalties.

Auto Insurance Rates in Arizona

Arizona’s auto insurance rates are among the lowest in the country, largely due to the state’s low population density and mild weather. However, there are still ways to lower your rates even further.

The first thing to check is your eligibility for any discounts. Discounts are available for things like having a good driving record with no accidents or violations, enrolling multiple vehicles on the same policy, good student status for teenage drivers, and taking a defensive driving course.

Shopping around for the best rates is also highly recommended. Get quotes from at least three to five different insurance companies to compare their rates and coverage options. Premiums can vary widely between companies based on their underwriting guidelines and risk assessments.

The level of coverage you choose also impacts your rates, so only carry the minimum required liability insurance and the amount of coverage you actually need. For example, you likely don’t need comprehensive and collision coverage on an older vehicle worth less than it would cost to repair.

Other factors that impact your rates include your credit score, age, gender, marital status, and where you live within the state. Consider bundling your auto insurance with other policies like homeowners or renters insurance for an additional discount.

By taking advantage of discounts, shopping around, adjusting your coverage, and improving your risk profile in other ways, you may be able to lower your Arizona auto insurance premiums by 10% to 40% or more. Just be sure any changes you make still provide you with adequate protection in the event of an accident or claim.

Low Cost Car Insurance Programs and Discounts in Arizona

Many drivers in Arizona are always on the lookout for affordable car insurance options. While the cost of coverage will depend on your personal situation and driving history, there are several ways to save money on your auto insurance premiums.

Insurance companies offer various low-cost programs and discounts to help make coverage more affordable. For example, many insurers have safe driving programs that reward you with lower rates for driving incident-free. These programs track things like speeding tickets, accidents, and traffic violations on your record. The longer you maintain a clean driving history, the more you can save.

You may also qualify for discounts simply by bundling multiple types of insurance with the same company. Insurers usually offer multi-policy discounts of 5% to 15% if you have both home and auto coverage through them. Some companies will even give student and military discounts of up to 25% if you or a family member meets the eligibility requirements.

Additional ways to potentially lower your premiums include maintaining high deductibles, taking defensive driving courses, installing anti-theft devices in your vehicle, and good grades for student drivers. Shop around and compare quotes from multiple insurers to find the most discounts that apply to your situation.

In the end, the best way to ensure lower car insurance rates over the long run is to maintain a clean driving record. Avoid speeding tickets, accidents, and other violations that cause insurance points on your license. The less risk you represent as a driver, the more options you’ll have for finding affordable coverage in Arizona.

Arizona Car Insurance Statistics

Arizona has some interesting statistics when it comes to car insurance. For starters, Arizona has some of the lowest car insurance rates in the country. The average annual expenditure for car insurance in Arizona is $788, which is about 16% below the national average of $940.

There are a few reasons for these lower rates. First, Arizona has relatively low traffic density and congestion compared to other states. This means fewer accidents and claims which help keep premiums lower. Secondly, Arizona does not require drivers to purchase uninsured or underinsured motorist coverage, which also reduces costs for policyholders.

Another interesting statistic is that Arizona has a high rate of uninsured motorists at over 20% compared to the national average of around 13%. This is likely due to the relatively high proportion of low-income households in the state combined with the lack of a mandate for minimum insurance coverage. While this helps reduce costs for those without insurance, it increases risks and costs for those who do carry insurance.

The 10 Largest Arizona Car Insurance Companies

With over 7 million vehicles registered in Arizona, there are many car insurance companies offering coverage in the state. Here are the 10 largest Arizona car insurance companies based on the amount of auto insurance premiums written in the state.

1. State Farm – As the largest auto insurance company in the nation, it’s no surprise that State Farm tops the list in Arizona as well. State Farm has been serving Arizona drivers for over 80 years and offers a wide variety of policies to meet customers’ needs.
2. Allstate – Allstate has a strong presence in Arizona, ranking as the second largest provider of car insurance. Allstate is known for offering many discounts and good customer service.
3. Farmers Insurance – Farmers has been providing Arizona drivers with car insurance since 1928. Farmers offers many discounts and different policy options to help customers find the right coverage at the right price.
4. USAA – Only open to active military members, veterans, and their families, USAA still ranks as one of the largest auto insurers in Arizona. Customers praise USAA for its high customer satisfaction scores and excellent claims services.
5. Progressive – Progressive has grown quickly in Arizona in recent years thanks to its reputation for offering some of the lowest car insurance rates. Progressive is known for its easy online quoting and purchasing process.
6. Geico – Geico has made a name for itself with its funny commercials and is now one of the largest car insurance companies in Arizona. Geico is especially popular with younger drivers due to its generally lower rates.
7. Liberty Mutual – Liberty Mutual has been offering auto insurance in Arizona since the 1950s. The company focuses on providing customers with personalized coverage options.
8. Arizona Farm Bureau Insurance – While not as well-known nationally, Arizona Farm Bureau Insurance is one of the largest auto insurers in the state, underwriting policies for Arizona drivers since 1952.
9. The Hartford – The Hartford has been serving Arizona drivers for decades and offers many different types of car insurance policies to choose from.
10. AAA – AAA, known for its roadside assistance and travel services, also offers car insurance to its club members in Arizona. AAA insurance is popular with safe drivers who benefit from its many loyalty discounts.​