The words “affordable” and “auto insurance” really shouldn’t be used together, especially when you are searching for the best car insurance for teachers. Let’s lead off by showing you some situations that help determine auto insurance premiums, and come up with some ideas to take the sting out of your next policy.
Determining which company offers the best insurance rates for teachers involves a bit more work in order to find the best price. Every insurance provider has a unique approach for determining rates in each state, so we’ll take a look at the lowest cost insurance companies in Phoenix, AZ.
Find Cheaper Car Insurance for Educators
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $845 |
| 2 | Auto-Owners | $897 |
| 3 | Safeco | $905 |
| 4 | Travelers | $1,119 |
| 5 | USAA | $1,124 |
| 6 | Progressive | $1,130 |
| 7 | GEICO | $1,142 |
| 8 | Ameriprise Group | $1,172 |
| 9 | CSAA | $1,225 |
| 10 | Allied | $1,233 |
| 11 | Farm Bureau Mutual | $1,247 |
| 12 | Safe Auto | $1,297 |
| 13 | Unitrin | $1,303 |
| 14 | State Farm | $1,364 |
| 15 | Farmers | $1,391 |
| 16 | Amica | $1,443 |
| 17 | Titan | $1,461 |
| 18 | American Family | $1,463 |
| 19 | California Casualty | $1,506 |
| 20 | MetLife | $1,567 |
| Get a Custom Quote Go | ||
The Hartford may offer some of the lowest car insurance rates in Phoenix at around $845 annually. This is $583 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA also make the cut as some of the lowest-priced Phoenix, AZ auto insurance companies.
As the rates illustrate above, if you buy coverage from Auto-Owners and switched to The Hartford, you may see a yearly savings of roughly $52. Policyholders with Safeco might save as much as $60 a year, and Travelers policyholders might cut rates by $274 a year.
If you want to see how much you could save, click here to get a free quote or visit several of the following companies.
It’s important to note that these premiums are averages across all ages of drivers and types of vehicles and are not factoring in a specific vehicle garaging location for teachers. So the company that can offer you the best rate may not even be in the top 28 companies shown above. That point stresses why you need to compare as many prices as possible using your own driver data and vehicle information.
The vehicle to be insured is a large consideration that determines the availability of low-priced car insurance for teachers. Vehicles with lots of horsepower, a lack of advanced safety features, or a track record of large liability claims will cost much more to insure than more modest models.
The information below presents car insurance prices for a handful of the cheaper automobiles to buy insurance for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $1,617 |
| Ford F-150 XL Regular Cab 2WD | $1,681 |
| Hyundai Elantra GLS Touring Station Wagon | $1,857 |
| Ford Edge Limited 2WD | $1,880 |
| Ford Escape Limited 2WD | $1,901 |
| Honda Odyssey EX-L W/Rear Entertainment | $2,016 |
| Toyota Camry SE | $2,022 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $2,054 |
| Ford Fusion SE 4-Dr Sedan | $2,061 |
| GMC Sierra SL Crew Cab 4WD | $2,054 |
| Kia Optima LX | $2,062 |
| Toyota Prius | $2,054 |
| Ford Focus SES 2-Dr Coupe | $2,152 |
| Chevrolet Equinox LS AWD | $2,198 |
| Dodge Grand Caravan Crew | $2,238 |
| Start a Quote Go | |
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price information does not factor in specific location which can revise coverage rates noticeably.
Based upon these rates, we can assume that cars like the Honda CR-V, Ford F-150, and Hyundai Elantra are most likely going to be some of the more affordable vehicles to insure for teachers and educators.
Bad driving habits will cost you more
The ideal way to snag the cheapest insurance prices for teachers and educators is to be a safe driver and not receive tickets or have accidents. The diagram below demonstrates how speeding tickets and fender-benders can affect insurance costs for each age group. The premiums are based on a married female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
The chart shows that the average cost of car insurance in Arizona per year with a clean driving record and no accidents is $1,219. Get one speeding ticket and the average cost hikes up to $1,417, an increase of $198 each year. Now get one accident along with the one speeding ticket and the annual cost of insurance for teachers increases to an average of $1,974. That’s an increase of $755, or $63 per month, just for a couple of infractions!
Does it make sense to buy full coverage?
Reducing premiums for insurance should be important to the majority of people, and one great way to pay lower rates for insurance for teachers is to only buy liability insurance. The diagram below illustrates the comparison of car insurance costs when comparing full coverage to liability only. The rate quotes are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no discounts are taken into consideration.
Averaged out for all age groups, full coverage costs $1,722 per year more than insuring for liability only. That may make you wonder if full coverage is worth the money. There is no clear-cut formula that works best for making the decision to drop physical damage insurance, but there is a general guideline. If the annual cost of coverage is more than 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
There are some scenarios where dropping physical damage coverage is not a good idea. If you haven’t paid off your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Get discount Phoenix insurance
Insurers that provide coverage for teachers could also offer special discounts that can lower rates by as much as 35% if you qualify for them. A list of insurance companies and some of the discounts are outlined below.
- American Family may include discounts for defensive driver, good student, multi-vehicle, Steer into Savings, good driver, and TimeAway discount.
- Farm Bureau has savings for safe driver, 55 and retired, driver training, renewal discount, and multi-policy.
- State Farm includes discounts for Drive Safe & Save, multiple autos, driver’s education, accident-free, passive restraint, and student away at school.
- Travelers offers premium reductions for new car, good student, student away at school, driver training, and early quote.
- The Hartford offers discounts including bundle, good student, defensive driver, vehicle fuel type, anti-theft, driver training, and air bag.
- GEICO may have discounts that include seat belt use, defensive driver, membership and employees, driver training, daytime running lights, and military active duty.
- Progressive has discounts for online signing, continuous coverage, multi-vehicle, good student, multi-policy, homeowner, and online quote discount.
The information below shows the comparison of car insurance costs with and without discounts applied. The rates are based on a female driver, no driving violations, no at-fault accidents, Arizona state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with multiple policy, accident-free, defensive driving course, anti-theft, safe-driver, and marriage discounts applied. In this example, the average amount saved each year on insurance for teachers is 28% or $372.