Finding decent, affordable car insurance is not the easiest thing to accomplish, and deciding which company quotes the lowest-priced insurance rates for high risk drivers takes even more diligence.
Each insurance company has a proprietary formula to set premium rates, so let’s begin by taking a look at the most affordable insurance companies in Phoenix.
Compare Cheap Insurance Quotes for Risky Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $811 |
| 2 | Safeco | $905 |
| 3 | Auto-Owners | $915 |
| 4 | USAA | $1,080 |
| 5 | Travelers | $1,086 |
| 6 | GEICO | $1,142 |
| 7 | Progressive | $1,164 |
| 8 | Allied | $1,197 |
| 9 | Ameriprise Group | $1,220 |
| 10 | CSAA | $1,225 |
| 11 | Safe Auto | $1,284 |
| 12 | Farm Bureau Mutual | $1,297 |
| 13 | State Farm | $1,337 |
| 14 | Unitrin | $1,357 |
| 15 | Farmers | $1,378 |
| 16 | Amica | $1,443 |
| 17 | Titan | $1,461 |
| 18 | American Family | $1,478 |
| 19 | MetLife | $1,505 |
| 20 | California Casualty | $1,552 |
| Quote Your Rates Go | ||
The Hartford quotes some of the most affordable car insurance rates in Phoenix at around $811 a year. Safeco, Auto-Owners, USAA, and Travelers would also be considered some of the cheapest Phoenix, AZ insurance companies.
In the above example, if you buy coverage from Auto-Owners and switched to The Hartford, you could earn an annual premium reduction of about $104. Insureds with USAA could save as much as $269 a year, and Travelers customers might reduce prices by as much as $275 a year.
If you want to see how much you could save, click here to get quotes or visit several of the following companies.
Understand that those policy prices are averaged for all types of drivers and the different vehicles they drive and do not take into consideration a vehicle location for high risk drivers. So the auto insurance company that can offer you the best price may not even be in the list above. That is why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.
For high risk drivers, one of the largest things that aid in calculating the amount you pay each year for auto insurance is where you call home in Phoenix. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with less congestion have the luxury of lower rates.
The information below rates the highest-priced areas in Arizona for high risk drivers to buy auto insurance in. Phoenix ranks #1 with a yearly cost of $1,255 for the average policy, which is around $105 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Phoenix | $1,255 |
| 2 | Avondale | $1,210 |
| 3 | Glendale | $1,178 |
| 4 | Scottsdale | $1,163 |
| 5 | Buckeye | $1,156 |
| 6 | Gilbert | $1,154 |
| 7 | San Tan Valley | $1,150 |
| 8 | Tempe | $1,140 |
| 9 | Peoria | $1,126 |
| 10 | Chandler | $1,126 |
| 11 | Mesa | $1,125 |
| 12 | Goodyear | $1,120 |
| 13 | Maricopa | $1,118 |
| 14 | Catalina Foothills | $1,082 |
| 15 | Tucson | $1,061 |
| 16 | Casa Grande | $1,057 |
| 17 | Surprise | $1,048 |
| 18 | Casas Adobes | $1,040 |
| 19 | Oro Valley | $1,020 |
| 20 | Yuma | $983 |
| 21 | Flagstaff | $960 |
| 22 | Prescott | $924 |
| 23 | Sierra Vista | $899 |
| 24 | Lake Havasu City | $870 |
| 25 | Bullhead City | $869 |
| Compare Prices Now Go | ||
Information shown are estimated as the specific garaging location can decrease or increase insurance rates noticeably.
Ending up with the top insurer can be difficult considering how many companies there are in Phoenix. The information listed below can help you analyze which coverage providers to look at to insure your vehicles. These ratings are only made up of the largest auto insurers in America, so companies without a large exposure will not be included in this list.
Top 10 Large Auto Insurance Companies in Phoenix Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
- Liberty Mutual – 88%
Top 10 Large Auto Insurance Companies in Phoenix Ranked by Value
- USAA
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
- Nationwide
- Safeco
Impact of violations and accidents on rates
In a perfect world, the ideal way to receive the cheapest insurance rates in Arizona for high risk drivers is to be a good driver and have a clean driving record. The diagram below demonstrates how speeding tickets and at-fault fender-benders can influence car insurance rates for each different age category. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are factored in.
In the previous example, the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,209. Receive two speeding tickets and the average cost increases to $1,661, an increase of $452 each year. Now get one accident along with the two speeding tickets and the yearly cost of insurance for high risk drivers increases to an average of $2,116. That’s an increase of $907, or $76 per month, just for not maintaining a clean driving record!
Why it’s important to shop around
Phoenix, AZ insurance rates are calculated based on many things which can substantially change your annual premium. Simply having another birthday, becoming a homeowner, or getting a ticket for careless driving may cause policy rate changes that can make some companies cheaper in comparison to the competition.
Also, car insurance companies file new rates as often as every quarter in order to be able to pay unexpected claims. Significantly higher losses may result in higher prices, while long-term profits can produce lower-cost Phoenix car insurance rates.
The chart below shows which companies have the cheapest car insurance in Phoenix, AZ for a 45-year-old female driver with no accidents or violations, and a high credit rating. If we estimate rates based on her personal profile, The Hartford offers the best car insurance rates in Phoenix at $1,216 annually. This is $212 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA round out the rest of the top five cheapest Phoenix, AZ auto insurance companies.
The example below compares rates after we give the driver in the first chart a claim or two, a lower credit rating, and a traffic citation. Since each company has a different formula to set their prices, comparing quotes most likely will result in a completely different list of companies as shown below.
GEICO now has the best insurance rate in Phoenix, AZ with Ameriprise Group, CSAA, Auto-Owners, and Safeco also being competitive. This example illustrates why Phoenix drivers need to perform an extensive rate comparison to find the most budget-friendly car insurance quotes for high risk drivers. Rates are determined by many risk factors and change substantially, so the cheapest company six months ago may now be quite expensive.