The words “low-priced” and “auto insurance” probably shouldn’t be used in the same sentence, especially when you are shopping around for the best car insurance for drivers under 25. Let’s get started by showing you some situations that can significantly affect insurance prices, and see if we can help you take the sting out of your next policy.
Figuring out which company has the most affordable auto insurance rates for drivers under 25 calls for a tad more effort than just quoting one company’s rates. Each company uses their own method to set premium rates, so to begin we’ll rank the most budget-friendly auto insurance companies in Tucson.
It’s important that you understand Arizona auto insurance rates are impacted by many factors that will increase or decrease your annual premium. Improving your credit score, buying another vehicle, or having an at-fault accident can trigger rate changes that can now make some companies more affordable than others.
Cheap Insurance Rates for Young Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $811 |
| 2 | Auto-Owners | $897 |
| 3 | Safeco | $905 |
| 4 | USAA | $1,080 |
| 5 | Travelers | $1,108 |
| 6 | Progressive | $1,118 |
| 7 | GEICO | $1,166 |
| 8 | Ameriprise Group | $1,208 |
| 9 | CSAA | $1,225 |
| 10 | Allied | $1,245 |
| 11 | Farm Bureau Mutual | $1,259 |
| 12 | Unitrin | $1,317 |
| 13 | Safe Auto | $1,323 |
| 14 | Farmers | $1,337 |
| 15 | State Farm | $1,377 |
| 16 | Titan | $1,433 |
| 17 | American Family | $1,463 |
| 18 | Amica | $1,473 |
| 19 | MetLife | $1,521 |
| 20 | California Casualty | $1,552 |
| Find Your Rate Go | ||
The Hartford may have some of the best car insurance rates in Tucson at around $811 a year. This is $617 less than the average premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers would also be considered some of the most economical Tucson, AZ insurance companies.
In the above rates, if you currently buy coverage from USAA and switched to Auto-Owners, you may see yearly savings of in the vicinity of $183. Insureds with Travelers could save as much as $211 a year, and Progressive policyholders might cut rates by $221 a year.
Understand that those policy prices are averaged across all drivers and vehicles in Arizona and do not factor in a specific zip code for drivers under 25. So the car insurance company that can offer you the best price may not even be in the top 28 companies shown above. That is why you need to compare rates from multiple companies using your own individual information.
The type of vehicle requiring coverage is probably the largest consideration when looking for cheaper coverage for drivers under 25. Vehicles with average performance, modern passenger safety features, or a low likelihood of liability claims will cost substantially less to insure than adrenaline junky models. The list below presents car insurance costs for a handful of the more affordable automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $2,745 |
| Honda Accord EX 4-Dr Sedan | $2,752 |
| Honda CR-V EX-L 2WD | $2,785 |
| Hyundai Elantra SE Touring Station Wagon | $2,960 |
| Toyota Prius | $3,001 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $3,077 |
| Ford F-150 XLT Super Cab 2WD | $3,086 |
| Dodge Grand Caravan SE | $3,077 |
| Ford Focus SE 4-Dr Sedan | $3,211 |
| Chevrolet Impala LS | $3,221 |
| Jeep Grand Cherokee Laredo 4WD | $3,252 |
| Toyota RAV4 Limited 4WD | $3,261 |
| Chevrolet Equinox LS 2WD | $3,252 |
| Toyota Camry LE | $3,259 |
| Ford Explorer Limited 4WD | $3,292 |
| Chevrolet Malibu LT | $3,298 |
| Honda Civic LX-S 4-Dr Sedan | $3,388 |
| Toyota Tacoma X-Runner 2WD | $3,429 |
| Ford Edge Sport 2WD | $3,437 |
| Honda Odyssey EX-L | $3,429 |
| Toyota Corolla XRS | $3,470 |
| GMC Sierra SL Crew Cab 2WD | $3,477 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $3,470 |
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Table data represents single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in vehicle garaging location which can affect prices considerably.
Based on these rates, models like the Ford Escape, Honda Accord, Honda CR-V, Hyundai Elantra, and Toyota Prius should be some of the more affordable vehicles to insure for drivers age 25 and younger. Car insurance rates will trend higher just due to the fact that there is a higher risk for drivers under 25, but in general those particular models will most likely have the cheapest auto insurance rates compared to all other vehicles.
The example below illustrates how your deductible choice can change annual premium costs when trying to find cheap insurance for drivers under 25. The premiums are based on a married male driver, full coverage, and no discounts are applied to the premium.
The data above shows that a 50-year-old driver could pocket $210 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $316 by selecting a $1,000 deductible. Even younger drivers, like the age 20 example, could possibly save $694 or more by using a higher deductible. If you do decide to increase your deductibles, it will be important to have emergency funds available to allow you to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Full coverage versus liability only rates
Paying a lower price for auto insurance is important to the majority of drivers, and an effective way to find cheaper insurance for drivers under 25 is to buy only liability coverage. The information below illustrates the difference between car insurance rates with full coverage and liability only. The price estimates are based on no claims or driving violations, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.
As an average, full coverage costs an additional $1,704 per year over and above liability only. A very common question is when is the right time to remove full coverage. There is no definitive guideline for phasing out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
For example, let’s pretend your vehicle’s replacement value is $4,500 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $3,500 after paying your policy deductible. If premiums are more than $350 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are some circumstances where buying only liability insurance is not a good idea. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
How to get discounts on Tucson car insurance rates
Insurance companies that provide policies for drivers under 25 may additionally offer discounts that can lower rates by as much as 40% or more if you can meet the requirements. A list of auto insurance companies and some of their more popular discounts are outlined below.
- State Farm offers discounts for multiple autos, driver’s education, passive restraint, good student, and anti-theft.
- Liberty Mutual has discounts for new move discount, multi-policy, newly retired, new graduate, preferred payment discount, and good student.
- American Family may offer discounts for accident-free, mySafetyValet, air bags, good driver, multi-vehicle, TimeAway discount, and good student.
- Progressive may have discounts that include good student, online signing, multi-policy, homeowner, multi-vehicle, and continuous coverage.
- Farmers Insurance offers premium reductions for electronic funds transfer, homeowner, business and professional, teen driver, multi-car, youthful driver, and mature driver.
- Auto-Owners Insurance offers discounts including anti-theft, mature driver, safe driver, multi-policy, paperless, multiple vehicles, and good student.
- SAFECO may include discounts for teen safe driver, bundle discounts, homeowner, multi-car, anti-lock brakes, accident prevention training, and anti-theft.
The illustration below compares car insurance costs with and without discounts applied to the policy premium. The prices are based on a male driver, no claims or violations, Arizona state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows premium with no discounts. The lower bar shows the rates with vehicle safety, passive restraint, anti-theft, paperless filing, good student, and paid-in-full discounts applied. When drivers take advantage of discounts, the average savings per year on auto insurance for drivers under 25 is 19% or $240.
The importance of shopping around
Arizona auto insurance rates are calculated based on many things that can increase the policy price. Simply improving your credit, buying another vehicle, or getting a ticket for running a stop sign can trigger changes in premium resulting in some companies being cheaper than before. Not only may your risk profile change, but car insurance companies amend premium rates every year or even multiple times each year in order to maintain liquidity for claims. Larger than normal claims can cause increased rates, while less frequent claims can result in more affordable Tucson car insurance rates.
For example, the data below demonstrates which company has the cheapest car insurance in Tucson, AZ for a 45-year-old female driver with no violations or accidents, and a good credit history. If we estimate rates based on her current rating profile, The Hartford might quote the best car insurance rates in Tucson at $1,060 annually. This is $368 less than the average policy premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and Progressive are also included in the cheapest Tucson, AZ auto insurance companies.
Now we will give the driver from the first set of rates a claim surcharge, a lower credit rating, and a few blemishes on her driving record. Because every insurance company uses a different method for setting prices, analyzing rate quotes may now show a new list of affordable Tucson car insurance companies as shown below.
GEICO now has the best insurance rate in Tucson with CSAA, Ameriprise Group, Allied, and Farm Bureau Mutual also being competitive. This example proves why it is so important to compare lots of rates to find the lowest car insurance quotes for drivers under 25. Auto insurance prices are made up of many things and change dramatically, so the lowest-price company the last time you shopped your coverage around may now be costing you a lot of money.