Comparing rates for cost effective insurance is not the easiest thing to accomplish, and determining which companies quote the most affordable car insurance rates for drivers under 25 calls for more quotes for comparison. Each insurer has a unique approach to set policy rates, so we’ll go over the car insurance companies that tend to be cheaper in Scottsdale, AZ.
It’s a good idea to know that Scottsdale car insurance rates are impacted by many things that control the price of your policy. Getting older, buying a different home, or getting a couple of tickets may cause policy rate changes that can cause some rates to be more affordable than the competition.
Find Cheaper Auto Insurance for Young Drivers
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,297|
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The Hartford may offer some of the most affordable car insurance rates in Scottsdale at around $836 each year. This is $592 less than the average price paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Progressive also make the cut as some of the cheaper Scottsdale, AZ car insurance companies.
In the rate table above, if you are a policyholder with Safeco and switched to The Hartford, you might achieve an annual savings of about $87. Drivers with USAA may save as much as $255 a year, and Progressive policyholders might lower prices by up to $282 a year.
To compare your rates to other Arizona insurance companies, click here or visit any of the companies below.
Be aware that those policy rates are averages for all ages of drivers and types of vehicles and and are not figured with a specific location for drivers under 25. So the company that fits your age and vehicle best may not even be in the top 28 companies shown above. That is why you need to compare rates from multiple companies using your own driver and vehicle profiles.
The vehicle model that is being insured is a large consideration that determines if you can find the best insurance for drivers under 25. Vehicles with reasonable performance levels, an excellent safety record, or a low likelihood of having liability claims will cost substantially less to insure than higher performance models.
The information below shows coverage prices for a number of the cheapest automobiles to insure in Arizona.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$3,579|
|Honda CR-V LX 2WD||$3,586|
|Honda Accord LX 4-Dr Sedan||$3,579|
|Ford F-150 STX Super Cab 2WD||$3,928|
|Ford Explorer XLT 4WD||$3,981|
|Dodge Grand Caravan CV||$3,991|
|Honda Odyssey EX W/Rear Entertainment||$4,196|
|Chevrolet Equinox LT AWD||$4,249|
|Chevrolet Malibu Hybrid||$4,258|
|Chevrolet Impala LT||$4,249|
|Toyota RAV4 Sport 4WD||$4,259|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$4,249|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$4,302|
|Toyota Corolla XLE||$4,514|
|Toyota Camry SE||$4,522|
|Hyundai Elantra GLS 4-Dr Sedan||$4,514|
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Prices above based on single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in specific garaging location which can affect prices considerably.
Looking at the data, we can presume that makes and models like the Ford Escape, Honda CR-V, Honda Accord, Ford F-150, and Toyota Prius are going to be some of the less-costly vehicles to insure for drivers age 25 and younger. The price of auto insurance will be higher anyway because there is more claim exposure for drivers under 25, but generally speaking those specific models will most likely have the cheapest rates that you’ll find.
One of the many factors that help determine car insurance rates is where you live in Scottsdale. Regions with larger populations or more claims will most likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.
The following table shows the priciest cities in Arizona for drivers under 25 to purchase auto insurance in. Scottsdale is listed at #5 with the annual price of $1,163 for the average insurance policy, which is about $97 each month.
|Rank||City||Average Per Year|
|4||San Tan Valley||$1,185|
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Premium amounts are approximated as vehicle location can impact auto insurance rates significantly.
Does full coverage make sense?
Saving money when shopping for car insurance should be important to the majority of vehicle owners, and one way to buy cheaper insurance for drivers under 25 is to only pay for liability coverage. The information below shows the comparison of insurance prices with full coverage and liability only. The premium estimates are based on no violations or claims, $100 deductibles, single status, and no discounts are taken into consideration.
If all age groups are averaged, full coverage costs $1,722 per year over and above liability only. That brings up the question if paying for full coverage is worth it. There is no definitive rule to stop buying comp and collision coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s say your vehicle’s claim settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after paying your policy deductible. If you are paying more than $600 annually for full coverage, then it might be time to buy liability only.
Choosing a good quality car insurance provider can be difficult considering how many companies sell coverage in Scottsdale. The ranking data shown below can help you pick which insurers you want to consider when buying insurance for drivers under 25.
The rankings below are for the companies with a significant amount of written premium nationwide, so smaller regional companies are not included in these rankings. If you would like to check rates and find cheaper insurance for drivers under 25, just 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
Who has the cheapest Scottsdale car insurance?
Scottsdale car insurance rates are calculated based on many things that will increase or decrease the cost of coverage. Turning one year older, buying a home, or getting a couple of tickets may cause policy rate changes resulting in some companies being more affordable than the competition. Not only that, but auto insurance companies file new Arizona car insurance rates at least once a year as an adjustment for underwriting gains or losses. Larger than normal claims can result in higher rates, while a lower level of claims can cause cheaper Scottsdale car insurance rates.
To help illustrate this point, the chart below shows which companies have the cheapest car insurance in Scottsdale, AZ for a 40-year-old male driver with no accidents or violations, and great credit. Based on his current risk factors, The Hartford may have the best car insurance rates in Scottsdale at $1,075 per year. This is $353 less than the average premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, USAA, and Travelers also make the list of the top five cheapest Scottsdale, AZ auto insurance companies.
In this next rate comparison, we will give the driver from the first example a claim or two, poor credit, and a speeding ticket. Since each company has their own formula to establish rates, comparing insurance quotes may result in a substantially altered list of the cheapest car insurance companies in Scottsdale as shown below.
GEICO now has the best insurance rate in Scottsdale with Ameriprise Group, CSAA, Allied, and Safe Auto now being in the top five. This demonstrates why it is so important to compare as many rates as possible when trying to get the most budget-friendly car insurance quotes for drivers under 25.
Insurance rates are impacted by many things and can decrease or increase without notice, so the cheapest rate the last time you compared rates may now be priced much higher than other options.