The vehicle model requiring insurance is one of the main factors that determines if you can find the best cheap coverage for used cars. Vehicles with lower acceleration and performance, an excellent safety record, or low incidents of liability claims will cost much less to insure than higher performance models.
The list below showcases insurance rates for some of the cheaper automobiles to buy coverage for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $1,472 |
| Nissan Altima 2.5 4-Dr Sedan | $1,745 |
| Toyota RAV4 Limited 2WD | $1,755 |
| Chevrolet Equinox LS AWD | $1,745 |
| Dodge Grand Caravan Crew | $1,778 |
| Dodge Ram Quad Cab ST 2WD | $1,780 |
| Honda CR-V LX 4WD | $1,808 |
| Toyota Prius | $1,866 |
| Ford Fusion SEL 4-Dr Sedan | $1,869 |
| GMC Sierra 3500HD SLE Regular Cab 2WD | $1,902 |
| Ford Edge SE 2WD | $1,982 |
| Chevrolet Silverado LTZ Extended Cab 2WD | $1,995 |
| Ford Explorer XLT 2WD | $2,026 |
| Chevrolet Malibu LT | $2,037 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $2,042 |
| Chevrolet Impala LS | $2,095 |
| Chevrolet Silverado 2500HD LTZ Crew Cab 2WD | $2,119 |
| Volkswagen Jetta 2.0T Station Wagon | $2,122 |
| Nissan Rogue S 2WD | $2,144 |
| Hyundai Elantra Blue 4-Dr Sedan | $2,207 |
| Honda Civic VP 4-Dr Sedan | $2,217 |
| Dodge Ram 2500 Crew Cab Laramie 2WD | $2,210 |
| Jeep Wrangler Unlimited Rubicon 4WD 4-Dr | $2,216 |
| Start a Quote Go | |
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in your specific Scottsdale, AZ location which can decrease or increase insurance rates noticeably.
Looking at the numbers, we can expect vehicles like the Ford Escape, Nissan Altima, Toyota RAV4, and Chevrolet Equinox should be the cheaper vehicles to insure for pre-owned vehicles.
Finding out which company offers the most affordable insurance rates for used cars will take a bit more effort than just quoting one company’s rates. Every insurance company uses a different method to set policy rates, so let’s take a look at the insurance companies that tend to have lower prices in Scottsdale, AZ.
It’s important to know that Scottsdale insurance rates are impacted by many factors which can significantly increase or decrease your annual premium. Turning one year older, moving to a different location, or having an accident can trigger price changes that may make certain companies more affordable than others.
Find Cheaper Auto Insurance for Used Cars
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $811 |
| 2 | Auto-Owners | $924 |
| 3 | Safeco | $932 |
| 4 | Travelers | $1,086 |
| 5 | USAA | $1,113 |
| 6 | Progressive | $1,118 |
| 7 | GEICO | $1,142 |
| 8 | CSAA | $1,177 |
| 9 | Ameriprise Group | $1,208 |
| 10 | Allied | $1,233 |
| 11 | Farm Bureau Mutual | $1,297 |
| 12 | Unitrin | $1,317 |
| 13 | Safe Auto | $1,323 |
| 14 | Farmers | $1,337 |
| 15 | State Farm | $1,377 |
| 16 | American Family | $1,435 |
| 17 | Amica | $1,443 |
| 18 | Titan | $1,476 |
| 19 | MetLife | $1,505 |
| 20 | California Casualty | $1,568 |
| Find Your Rate Go | ||
The Hartford has some of the cheapest car insurance rates in Scottsdale at around $811 annually. Auto-Owners, Safeco, Travelers, and USAA also qualify as some of the cheaper Scottsdale, AZ auto insurance companies.
As the rates illustrate above, if you currently have coverage with Travelers and switched to Auto-Owners, you might realize an annual savings of in the vicinity of $162. Customers with USAA might save as much as $189 a year, and Progressive customers might see rate reductions of $194 a year.
These policy prices are averaged across all types of drivers and the different vehicles they drive and do not factor in a vehicle location for used cars. So the car insurance company that fits you best may not even be in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
How accidents and tickets impact rates
The common sense way to earn low insurance premiums for pre-owned vehicles is to drive safely and avoid accidents and traffic violations. The example below illustrates how violations and accidents can raise yearly insurance costs for different age categories. The data assumes a married male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
The data charted above shows the average cost of auto insurance in Scottsdale per year with no violations or accidents is $1,472. Receive one speeding ticket and the average cost swells to $1,688, an increase of $215 each year. Now get one accident along with the one speeding ticket and the yearly cost of insurance for used cars increases to an average of $2,298. That’s an increase of $826, or $69 per month, just for not keeping your driving record clean!
Full coverage rates compared to liability only
Lowering the price of insurance is probably important to the majority of people, and one good way to find cheap insurance for used cars is to buy only liability coverage. The chart below visualizes the comparison of car insurance costs when comparing full coverage to liability only. The costs are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no other discounts are factored in.
As an average for all age groups, physical damage coverage costs an additional $1,722 per year more than carrying just liability coverage. That may make you wonder if full coverage is worth the money. There is no definitive guideline of when to drop physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s assume your vehicle’s replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $6,000 after you pay the deductible. If you are paying in excess of $600 annually for full coverage, then you might consider buying liability only.
There are a few cases where eliminating full coverage is not recommended. If you haven’t paid off your loan, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not drop full coverage.
The information below illustrates how choosing a deductible can influence insurance costs when quoting cheap insurance for used cars. The premiums assume a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 50-year-old driver could save $334 a year by changing from a $100 deductible up to a $500 deductible, or save $502 by changing to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could lower their rates as much as $1,114 or more by selecting a higher deductible.
When increasing deductibles, it is essential to have plenty of discretionary funds to be able to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.