If you’re looking for Cheap auto insurance companies in Arizona, we are here to direct you in making a good choice. Cheapest auto insurance companies in Arizona rates fluctuate from one company to the next, ranging from personal factors such as age, ZIP code, and credit history.
We made a research about car insurance rates in Arizona to help our readers make a good choice when considering auto insurance in Arizona. According to our research, Annual costs in the Grand Canyon state were found to be $1,306 or $109 monthly on average for our sample driver’s full coverage.its will be very nice to note that Costs varied city by city in Arizona, as well as company by company. according to our research, for example, the most expensive city came in at 33% more than the state average while the cheapest city was 21% cheaper. The sample drivers we used during our research found that insuring with the most expensive company could pay for almost four years at the cheapest insurer in Arizona! Take a look at the results of our analysis.
Based on our findings, we found that Freedom National, Auto-Owners, State Farm, Farmers, and Titan generally are classified as Cheap auto insurance companies in Arizona, and were cheaper than the state benchmark by about 33%. Depending on which part of Arizona you may live, the cheapest companies and rates will be different.
below are the top 20 Cheap auto insurance companies in Arizona by our sample drivers
Drivers looking for the lowest rates should consider purchasing a minimum coverage policy, which is less expensive than full coverage. However, keep in mind that a minimum coverage policy provides limited financial protection and excludes coverage for physical damage to your vehicle. If you’re looking for a basic policy, here are the five cheapest insurers in Arizona we found in our research, along with a breakdown of average annual and monthly premiums:
| Car insurance company | Average annual minimum coverage premium | Average monthly minimum coverage premium |
|---|---|---|
| Geico | $294 | $24 |
| Travelers | $369 | $31 |
| USAA | $398 | $33 |
| Mercury | $420 | $35 |
| Encompass | $441 | $37 |
Cheapest cities in Arizona for full coverage
A full coverage car insurance policy is typically more expensive than minimum coverage, but it provides significantly more financial protection, including comprehensive and collision coverage for damage to your vehicle. This type of insurance is typically required if you lease or finance your vehicle in order to protect the lessor’s or loan company’s financial interests. You can compare the cheapest average annual premiums for full coverage car insurance in Arizona by company in the table below:
| City | Average annual full coverage premium | Average monthly full coverage premium |
|---|---|---|
| Littlefield | $1,301 | $108 |
| Lake Havasu City | $1,302 | $109 |
| Kingman | $1,308 | $109 |
| Meadview | $1,310 | $109 |
Minimum coverage requirements for Arizona drivers
In order to get behind the wheel in Arizona, you must have car insurance. The following are the minimum coverage requirements for all drivers:
Per person, bodily injury liability coverage of $25,000 is required.
$50,000 per accident in bodily injury liability coverage
Property damage liability coverage of $15,000 per accident
The state does not require underinsured and uninsured motorist coverage, as well as personal injury protection (PIP) insurance.
Although minimum coverage insurance is the cheapest option, it may not protect you financially against a costly loss in the same way that a full coverage policy would. Full coverage insurance, which includes comprehensive and collision coverage, provides financial protection for physical damage to your vehicle regardless of fault. Your lender or loan company may require you to carry full coverage insurance if you lease or finance your vehicle.
While collision and comprehensive coverage provide more financial protection in general, the right coverage for you is determined by your specific needs. It may be beneficial to consult with a licensed insurance agent about what limits are appropriate for you.
