Speeding tickets and accidents will cost you big in Phoenix. How much? We recently surveyed 500 of the city’s drivers to find out. Turns out, people who have tickets or accidents on their records spend about $300 more on car insurance each year than people who don’t.
If that doesn’t shock you, consider that nearly 20 percent of the city’s car owners pay these higher rates.
Who Has the Cheapest Car Insurance in Phoenix, Arizona
Beyond auto insurance rates, our survey also asked Phoenix drivers to share other details about themselves, such as their:
- Driving history
- Vehicle year, make, and model
Using that information, we analyzed how each factor affects a driver’s premium.
Keep reading to learn more about that as well as see how much car insurance in Phoenix actually costs and how you can lower your rates and save.
Average Monthly Phoenix Car Insurance Rate
To find the average car insurance rate in Phoenix, we looked at factors such as a person’s driving record as well as car make and model. We then broke down how much a person paid by gender, age, and carrier. The results of that analysis can be seen below.
Average in Phoenix = $133
An average Phoenix driver pays $133 a month for their car insurance, but rates vary quite a bit.
Although location plays a factor in determining the cost of this kind of insurance, insurance companies consider a number of factors when calculating your premiums. This includes (as seen below) details like your gender and age, your car's safety record, your driving record, and even the kind of job you have.
Males = $143
Why do men usually pay more for car insurance? It's all about the stats. Research shows women are safer drivers, racking up fewer traffic tickets and causing fewer accidents than their male counterparts. In addition, the Insurance Institute for Highway Safety reported that men are more likely to not wear their seat belts, as well as drink and drive. Males also were shown to drive more miles than females overall. All of these behaviors make men more expensive and riskier to insure than women.
Females = $127
As mentioned above, women are statistically safer drivers than men. However, this difference usually decreases with age.
Average Rate by Age
Aged 18 to 24 = $147
People in this demographic pay the most out of all other age groups, with those aged 35 to 44 paying the same amount.
Why is this? Younger drivers overall are some of the highest risk people on the road. Since there is a greater chance they’ll file a claim, insurers charge them a much higher rate. Male drives 18 to 24 average $179 a month, most of any group of drivers.
Aged 25 to 34 = $129
Once they hit 25, Phoenix drivers see a decrease in their premiums by almost $20 a month, on average. This can be attributed to the fact that younger drivers, especially teens, are seen as higher risk by insurance companies.
Aged 35 to 44 = $147
Phoenix drivers in this age range typically see an increase in their rates. This could be for several reasons--like adding a new driver or car to a policy. For example, people in this group may have teenage children and need to add them to their coverage once they turn 16.
Another reason could be that, in general, as people get older they tend to have more financial security. Because of this, they may be able to afford two cars.
Aged 45 to 54 = $140
As you can see, those aged 45 to 54 tend to pay less than 35- to 44-year-olds. This may be because of experience. Since they have more experience, it’s likely they’re better drivers. This means they file less claims. Most insurers give drivers with a clean history a break on their insurance.
Aged 55 to 64 = $119
The stereotype of older citizens is they're less safe drivers because their hearing and vision are starting to fade. But drivers aged 55 to 64 are actually one of the safest age groups on the road. This is because they generally have decades of experience driving in all kinds of weather conditions and scenarios. They also tend to take fewer risks on the road than younger drivers.
Drivers in their 50s and 60s often receive a discount from insurers. Called the "newly retired" or "mature driver" discount, some companies may require you to take a safety course before receiving this lower rate.
The Cheapest Car Insurance Companies in Phoenix
As the following charts show, no one carrier consistently has the lowest rates. All insurers have somewhat different underwriting formulas. One company could be the least expensive for a certain age group, but most expensive for another. This applies to other car insurance variables too, like neighborhood, driving record, and vehicle.
Rates for 18-24 Year Olds
In Phoenix, it pays to have experience. As previously discussed, younger drivers in the 18-to-24 age group often pay significantly more for car insurance. The chart above shows that for most major carriers, younger drivers pay $50 or more per month in premiums than Phoenix drivers 25 years and older.
While people between 18 and 24 generally pay more for insurance, as you can see, Farmers customers in Phoenix pay significantly less. The average premiums of Farmers customers are only $89 per month. This is much lower than the next least expensive option, Progressive, at $156 per month.
Rates for 25-34 Year Olds
For 25- to 34-year-olds, it’s a different story. Farmers is in the middle of the pack cost-wise and Progressive is the least expensive carrier in Phoenix for this demographic.
Rates for 35-44 Year Olds
Rates for 45-54 Year Olds
Overall, 45- to 54-year-olds only save a few dollars more than those in the 35-to-44 bracket. But if you look at the difference between the two ages by company, this changes.
For example, instead of saving money as you get older, those using American Family generally see an increase of over $60 a month. Meanwhile, Allstate customers in the 45-to-54 age range save almost $100 more.
Rates for 55-64 Year Olds
Interestingly, while USAA scores very high in customer satisfaction ratings, it is not the lowest cost insurer in Phoenix, except for the 45-to-54 age group. It's worth noting though, USAA only provides insurance to active duty and retired military personnel and their families.
The Real Cost of Tickets and Accidents
Speeding tickets. Accidents. DUIs. All three can lead to spikes in your car insurance rates, especially if you’re a repeat offender. We’ve compiled data on how much Phoenix drivers pay who have tickets or accidents, breaking down the price by age group.
Drivers who reported that they had tickets or accidents: 19%
Average monthly cost with tickets or accidents = $154
Average monthly cost without tickets or accidents = $128
Nineteen percent of Phoenix drivers reported having tickets or accidents on their driving record, with 54 percent admitting to being at fault in a crash. On average, those 19 percent will spend $26 more each month on car insurance than those with a clean driving record. It may not sound like a big difference, but saving $26 a month ends up totaling about $300 a year in savings.
Average Cost With Tickets or Accidents
The chart above shows how much each age group pays for insurance after getting into an accident or receiving a ticket. While every group sees an increase in rates, those aged 18 to 24 and 35 to 44 pay the most.
Interestingly, people in the oldest age bracket, 55 to 64, only see an increase of $5 after getting a ticket or into an accident. Their rate goes up to $124 on average, as compared to $119.
This could be a result of discounts they can receive as a senior citizen or after they retire. Another possibility is they get into fewer accidents and receive fewer tickets because they have more experience than others on the road. The more tickets or accidents you rack up, the higher your insurance rates weill rise.
Types of Accidents or Tickets
Most accidents in Phoenix are cited as “at fault.” If you’re at fault for an accident, your rates will almost always go up. While your premium may still increase if you aren’t at fault, your insurer may keep you at the same rate since it wasn’t your actions that caused the crash.
Phoenix drivers who have a DUI will face a minimum of 24 hours or up to 10 days in jail even for their first offense. Besides that, you’ll at least get a $250 fine and be forced to give up your license for 90 days to a year.
In addition, your car insurance premium will increase, sometimes drastically. And if you have a DUI on your record, you’ll likely be placed in a “high risk” driver category.
Newer Vehicles Cost More to Insure
Drivers who have a newer vehicle tend to pay more for insurance. This makes sense as newer vehicles are more valuable and also are insured for a larger dollar amount, other things being equal. Newer vehicles are also more likely to benefit from comprehensive or collision coverage, which results in higher car insurance rates.
Rates by Age of Car
The chart above shows that people driving vehicles with a model year between 1990 and 2004 spend from $101 to $119 a month on insurance. But newer cars, from 2005 onward, have average rates of $140 to $147.
Of course, your own rates may vary as this shows the average rates for all cars by year, whether someone is driving a 2013 Ford or a 2013 Mercedes-Benz.
Average Rates by Car Make and Model in Phoenix
Most Expensive Makes to Insure
When it comes to insurance, the type of car you drive matters. Honda is one of the best-selling car makes in the country, and the cheapest make to insure in Phoenix. With average rates of $111, Honda drivers, along with Nissan and Ford owners, generally spend less on car insurance.
Least Expensive Makes to Insure
Insurers look at how much it'll cost them to repair a car, as well as the average number of claims filed by make and model. Luxury vehicles, unsurprisingly, cost insurers more to repair, hence the higher insurance rates.
This survey was commissioned by QuoteWizard and conducted by Survata, an independent research firm in San Francisco. Survata interviewed 500 online respondents who reside in Phoenix between March 04, 2016 and March 15, 2016