Average Cost of Car Insurance in Arizona
When you’re shopping for car insurance in Arizona, it can help to know the average cost of coverage. That way, you can compare the figure to the quotes you’re receiving.
Of course, a number of factors can influence how much you pay for car insurance. Besides geography, insurers may consider your driving record, age, gender, credit score, car type, and level of coverage. Rates can also vary by insurance company, which is why it makes sense to shop around.
Here’s a look at the average cost of car insurance in Arizona and how different factors may impact how much drivers there pay for protection.
Recommended: How to Calculate Expected Rate of Return
How Much Does Car Insurance Cost in Arizona?
Drivers in Arizona pay an average of $1,516 per year for car insurance coverage, according to a 2023 U.S. News & World Report analysis of cheap car insurance companies. This is higher than the national average of $1,442 per year.
Average Car Insurance Cost in Arizona Per Month
The average monthly cost of car insurance in Arizona is $126. That’s slightly higher than the national monthly average of $120.17. As the chart below shows, the amount you pay can vary by insurer.
| Company | Average Cost per Month | Average Annual Cost |
|---|---|---|
| AAA | $157.75 | $1,893 |
| Allstate | $180.25 | $2,163 |
| Farmers Insurance | $125.08 | $1,501 |
| Geico | $100.25 | $1,203 |
| Nationwide | $104.42 | $1,253 |
| Progressive | $129.17 | $1,550 |
| Shelter Insurance Group | $138.92 | $1,667 |
| Southern Farm Bureau | $96.67 | $1,160 |
| State Farm | $102.08 | $1,225 |
| Travelers | $107.08 | $1,285 |
| USAA | $72.91 | $875 |
Source: U.S. News & World Report
Average Car Insurance Cost in Arizona By City
Where you live can impact how much you’ll pay for car insurance. That’s because when determining how much to charge for coverage, insurers often take into account local rates of traffic, accidents and crime. As a general rule, people living in cities tend to pay more for car insurance than those living in small towns or rural areas. And as the chart below shows, that amount can also fluctuate depending on which city you call home. Here are estimates for five of the biggest cities in Arizona:
Recommended: Does Auto Insurance Roadside Assistance Cover Keys Locked in a Car?
| City | Average Annual Cost |
|---|---|
| Chandler | $1,682 |
| Tucson | $1,695 |
| Scottsdale | $1,720 |
| Mesa | $1,738 |
| Phoenix | $2,006 |
Source: Insure.com
Average Car Insurance Cost in Arizona By the Age and Gender of the Driver
Your age can impact premium prices. In general, younger, newer drivers tend to pay higher premiums because they tend to have more accidents than older, more experienced drivers. Gender can play a role in costs, too. Women often pay lower premiums than men because they tend to get into fewer severe accidents.
Recommended: How Much Does Insurance Go Up After an Accident?
| Age of Driver | Average Annual Cost for Male Drivers | Average Annual Cost for Female Drivers |
|---|---|---|
| 18 | $6,132 | $5,293 |
| 25 | $2,017 | $1,897 |
| 65 | $1,516 | $1,487 |
Source: Insure.com
Related: Insurance Tips for First-Time Drivers
Average Car Insurance Rates After an At-Fault Accident
Your driving record matters, and car insurance rates can go up after an accident or traffic violation. For example, drivers in Arizona with one accident on their record pay an average rate of $2,170 per year for coverage, or $654 more than the state average. One speeding ticket can boost a driver’s average annual rate to $1,859, or $343 higher than the state average. And one driving under the influence (DUI) offense may raise the average annual rate to $2,174, or $658 higher than the state average.
Related: Auto Insurance Terms, Explained
Average Car Insurance Costs for Good and Bad Credit
Some states prohibit insurance companies from pulling your credit report, but it’s allowed in Arizona — and the results could impact how much your coverage costs. Drivers with bad credit could end up paying hundreds more per year for car insurance. An analysis from MoneyGeek found that drivers with poor credit pay an average of $2,495 per year for insurance, while those with good credit pay around $1,274.
What Else Affects Your Car Insurance Cost?
Let’s look at other factors that can impact how much someone pays for car insurance.
Insurance History
Drivers who allow their coverage to lapse may be more likely to cancel their policy, so having a reliable history with one insurer may qualify you for a lower rate. In fact, it’s possible you’ll get a better quote when switching car insurance carriers than if you purchased insurance after going a few years without it.
Make and Model of the Car
When setting a rate, insurance companies often consider how expensive it would be to repair or replace the driver’s car. The higher these costs are, the more the driver will likely pay for coverage. However, if you have a newer car that’s equipped with more safety features, you may be eligible for a lower rate.
Marital Status
Married drivers may qualify for more discounts than single drivers, since insurers often place them in a different risk category.
Recommended: How to Lower Car Insurance
Amount of Coverage
How much car insurance do you need? The answer depends on a number of factors, including your state’s minimum car insurance requirements, your budget, and your lifestyle. As a rule of thumb, the more coverage you have, the more expensive your policy will likely be.
Recommended: How to Get Car Insurance
How to Get Affordable Car Insurance
The cost of coverage varies by insurer. To find affordable car insurance, it’s a good idea to shop around and compare quotes. But first, you’ll want to figure out how much car insurance you need. Keep in mind your state’s minimum car insurance requirements as well as additional coverage you may need.
Looking to lower your car insurance? There are several strategies to consider. You may want to explore different policy options; look for bundling opportunities, such as getting your home and auto insurance from the same company; ask about possible discounts: and consider whether a policy with a higher deductible makes sense for you.
The Takeaway
Drivers in Arizona pay an average of $1,516 per year for car insurance, which is slightly higher than the national average of $1,442 per year. But as in most states, the amount you pay in Arizona can depend on a wide range of factors, such as your age, gender, driving record, credit score, and even where you live. You can search online insurance companies and compare multiple car insurance rates.
Feeling uncertain about how much auto insurance you really need or what kind of premium you might have to pay to get what you want? Check out SoFi’s online auto insurance recommendations.
The better you drive, the more you can save.
FAQ
How much is full coverage car insurance in Arizona?
The average cost of car insurance is $1,516 annually, which breaks down to $126 monthly. Your costs may be different, depending on your age, gender, driving record, credit scores, the city or town you live in, and more.
Is $300 per month a lot for car insurance in Arizona?
In many cases, the average monthly cost for coverage is below $300. But premium amounts vary based on a number of factors. An 18-year-old male driver, for example, could very well pay more than $300 per month because of his age and lack of driving experience.
How much car insurance should I have in Arizona?
Arizona requires the following minimum coverage limits: $25,000 for one person who sustains injury or death in an accident; $50,000 for two or more people sustaining injury or death; and $15,000 for property damage (other people’s). You can have more than that amount but not less.
Photo credit: iStock/twildlife
Insurance not available in all states.
Gabi is a registered service mark of Gabi Personal Insurance Agency, Inc.
SoFi is compensated by Gabi for each customer who completes an application through the SoFi-Gabi partnership.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOPT1222002
