Best car insurance companies in Arizona
Geico and State Farmed topped the charts in terms of their Bankrate Score when we reviewed the best auto insurance companies in Arizona. To determine Bankrate Scores, Bankrate’s editorial team assessed providers by market share, average premiums, available coverage options and discount offerings, as well as third-party customer satisfaction scores from J.D. Power, complaint index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from AM Best and Standard & Poor’s (S&P).
After analyzing the data, we found that the following five companies are among the best in Arizona. When searching for car insurance, Arizona drivers may want to get quotes from these companies:
|Car insurance company||Bankrate Scores||Average annual full coverage premium||J.D. Power Score (Southwest region)|
Geico’s high Bankrate Score reflects its low prices and high customer satisfaction. Geico offers the lowest average full coverage premium in Arizona, according to Bankrate research. In addition to its low average rates, Geico offers a host of discounts to help you save even more. You might qualify for a discount if you are a safe driver, a federal employee, a military service member or if you have certain safety features on your vehicle. However, Geico doesn’t offer gap insurance, so if you’re looking for that coverage option, you may want to look elsewhere.
Learn more: Geico Insurance review
State Farm tied with Geico for the highest Bankrate Score and received a higher J.D. Power score than Geico. As the largest personal auto insurer in the U.S., State Farm commands more than 16% of market share. With local agents to assist you when you need a helping hand, State Farm may be a good choice for Arizona drivers who prefer to do business face-to-face. The company’s safe driving programs, Steer Clear for teens and Drive Safe & Save for adults, could help you save. However, keep in mind that the company offers few options for customization.
Learn more: State Farm Insurance review
American Family auto insurance received the highest official ranking in the J.D. Power study, indicating that its customers are highly satisfied with its customer service. In addition to auto insurance, American Family offers home, renters, condo, farm and ranch, business, boat and RV insurance, among other product lines. If you are looking for an array of coverage options, American Family may be a good choice. However, the company has the second-highest average premium on our list, so it may not be the right choice for budget-conscious shoppers.
Learn more: American Family Insurance review
If you like to handle your business in person rather than online, Allstate may be a good option for you. The company has numerous agents across Arizona. Since Allstate’s agents live and work in the Grand Canyon State, these local agents may be more in tune with the needs of Arizona drivers. Allstate offers several unique options that might allow you to tailor your policy to your needs. Optional coverage types include sound equipment coverage and ridesharing coverage. Although its average full coverage premium is higher than the state’s average full coverage premium, Allstate also offers numerous discounts that might help you lower the cost of your insurance, including safe driving discounts, teen driver discounts and various payment-type discounts.
Learn more: Allstate Insurance review
If you are a member of AARP, getting an auto insurance quote from The Hartford might be a good idea. The company offers exclusive auto insurance rates and discounts to AARP members. However, to qualify for Hartford’s AARP insurance program, policyholders must be age 50 or older, so younger drivers may want to consider options better suited to them. The Hartford offers standard private passenger insurance policies along with insurance options for your classic car and RV.
Learn more: The Hartford Insurance review
Average cost of car insurance in Arizona
The average cost of car insurance in Arizona is $1,547 per year for full coverage and $555 per year for minimum coverage. Arizona drivers pay less than the average cost of car insurance nationally, which is $1,674 per year for full coverage auto insurance. The cost of minimum coverage insurance in Arizona is in line with the national average annual price of $565. However, your cost will vary from these averages based on your geographic location, local auto theft, and vandalism rate, the number of accidents in your area and your driving history, among other rating factors.
|Average annual premium for minimum coverage in Arizona||Average annual premium for full coverage in Arizona|
How to find the best car insurance in Arizona
Each provider offers different auto insurance rates depending on more than a dozen factors including your driving history, geographic location, age, occupation and the type of vehicle you drive. If you want to get the best car insurance, you may want to consider taking the following steps.
Consider minimum insurance requirements in Arizona
Most states require you to purchase certain insurance coverage before you can register your vehicle, and Arizona car insurance laws are no different. You must carry at least a state’s required minimum limits of coverage to drive legally. According to the Arizona Department of Insurance, you must carry at least the minimum required amounts of bodily injury liability per person, bodily injury liability per accident and property damage liability. Although buying only minimum liability may keep your premiums low, you could be facing financial stress if you cause an accident. If the damages in that accident exceed your insurance limits, you will be responsible for the excess out of pocket. Most insurance experts recommend that you purchase higher liability limits if you are able to.
Consider lender requirements
Minimum coverage does not provide any physical damage coverage for your vehicle. If you want insurance coverage for damages to your car, you will need full coverage, which includes optional comprehensive coverage and collision coverage. If you have a loan or lease on your vehicle, your financial institution likely requires you to have full coverage. You might also want to purchase gap insurance, which is designed to pay the difference between the cash value of your new vehicle and your loan or lease amount if the vehicle is totaled or stolen.
Consider your individual needs
To find the best car insurance for your needs, identify which coverage options, add-ons and discounts are most appealing to you. Because there are differences between each auto insurer, knowing what factors matter most to you might help you find a company that fits your needs. If you are considered a high-risk driver, for example, you may need to look for companies that offer high risk auto insurance. Or if you have a teen driver on your policy, you might want to seek out a company that offers competitive discounts with car insurance for teen drivers.
Car insurance discounts in Arizona
Wondering how to lower your car insurance? If budget is a primary concern in your auto insurance search, you may benefit from finding the best car insurance discounts in your area. Most major insurance companies in the Grand Canyon State offer discounts to help drivers save money. Some common types of discounts in Arizona are:
- Young driver discounts: Taking advantage of discounts is one of the best ways to get cheap car insurance for teens. Several young adult discounts are available, including good student discounts, distant student discounts and driver training programs.
- Safe driver discounts: If you are a safe driver, you might save for not having any accidents or tickets in the past three to five years. Additionally, many companies offer usage-based discounts, which usually involve letting a mobile app or plug-in device track your driving habits. These programs typically reward you with a discount based on how safe your driving patterns are, as well as how much you drive annually.
- Other discounts: If you own a home, rent an apartment or live in a condo you may have another insurance policy in addition to your auto insurance. If you have multiple policies with the same company — often called bundling — you could usually qualify for a discount. The benefits of bundling your home and auto insurance are significant. Depending on your auto insurance company, you may qualify for a discount if you elect to receive your policy or billing documents via email or a customer portal rather than by U.S. mail.
Every company offers a different set of discounts. You can often review available discounts online, but talking to a company representative or insurance agent might be the best way to identify your savings opportunities.
Frequently asked questions
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.