Cheapest car insurance companies in Tempe
Geico and Travelers have the cheapest car insurance premiums for Tempe drivers in 2023, based on a data study by Insurance.com.
Geico offers the cheapest car insurance premium for Tempe drivers at an annual rate of $1,353 a year, on average.
When it comes to car insurance costs in Tempe, several factors come into play. Your location, driving record, coverage level, and the insurance company you choose can all affect the price you’ll pay. Make sure you shop around and compare policies apples to apples to get a good deal on your insurance policy.
| Companies | Average annual rates |
|---|---|
| Geico | $1,353 |
| Travelers | $1,561 |
| USAA | $1,657 |
| Auto-Owners | $1,741 |
| Progressive | $1,920 |
| Nationwide | $1,979 |
| Allstate | $2,376 |
| State Farm | $2,493 |
| Farmers | $2,903 |
Cheapest car insurance cost in Tempe by Age Group
Geico offers the cheapest full coverage car insurance for teenage drivers in Tempe, with an average annual cost of $3,541 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts.
Teenagers can lower their insurance costs by strategically utilizing the good student discount or remaining listed as a driver on their parent's policy.
For young drivers in Tempe, Geico has the cheapest auto insurance rates, with an average annual cost of $1,874 annually.
An analysis of car insurance rates for Tempe drivers reveal a significant decrease in premiums for individuals in their 30s compared to those in their 20s. Geico offers the cheapest full-coverage car insurance rates at $1,351 per year.
Geico is the cheapest option for senior drivers in Tempe, with an average premium of $1,357 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Geico | $3,541 | $1,874 | $1,351 | $1,357 |
| Auto-Owners | $5,023 | $3,014 | $1,794 | $1,876 |
| Travelers | $5,211 | $2,462 | $1,599 | $1,650 |
| USAA | $7,356 | $2,886 | $1,665 | $1,693 |
| State Farm | $7,498 | $4,232 | $2,513 | $2,453 |
| Nationwide | $7,611 | $3,523 | $1,970 | $1,872 |
| Allstate | $8,105 | $3,370 | $2,353 | $2,663 |
| Progressive | $9,477 | $3,214 | $1,903 | $2,000 |
| Farmers | $12,960 | $5,683 | $2,762 | $3,063 |
| CSAA Insurance (AAA) | $15,284 | N/A | N/A | N/A |
Cheapest car insurance companies in Tempe by driver profile
Car insurance rates in Tempe vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.
Finding the cheapest car insurance in Tempe requires comparing quotes from multiple companies. This way, you can get the best coverage for your budget. Don't settle for the first offer; explore options for the most affordable fit.
Here are some of the cheapest car insurance companies in Tempe based on driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Geico
Geico has the cheapest rates for Tempe drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,620, Geico offers substantial savings among the insurers analyzed.
Below is a list of carriers that offer car insurance at an affordable rate for drivers with poor or less-than-perfect credit scores.
| Company | Average annual rates |
|---|---|
| Geico | $1,620 |
| Nationwide | $1,885 |
| Travelers | $2,133 |
| USAA | $2,785 |
| Progressive | $3,147 |
| Farmers | $3,883 |
| Allstate | $4,267 |
| State Farm | $6,423 |
Cheapest for drivers with a speeding ticket: State Farm
State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Tempe. It provides full coverage car insurance for drivers aged 30 at about $1,720 per year.
Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs.
| Company | Average annual premium |
|---|---|
| State Farm | $1,720 |
| USAA | $1,836 |
| Geico | $1,838 |
| Nationwide | $1,908 |
| Travelers | $2,046 |
| Progressive | $2,488 |
| Farmers | $3,261 |
| Allstate | $4,020 |
Cheapest auto insurance after an at-fault accident: State Farm
Finding affordable car insurance rates after an at-fault accident isn't easy, but if you compare quotes, you might find a policy that fits your budget.
In a recent data analysis, Insurance.com found that State Farm offers the cheapest car insurance rates for Tempe drivers with at-fault accidents. It provides coverage at an average annual cost of $1,860.
| Company | Average annual rates |
|---|---|
| State Farm | $1,860 |
| Geico | $1,914 |
| Nationwide | $2,063 |
| Travelers | $2,085 |
| USAA | $2,351 |
| Progressive | $3,246 |
| Farmers | $3,827 |
| Allstate | $3,890 |
Cheapest auto insurance after a DUI: State Farm
In Tempe, State Farm has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $1,720 a year.
Drivers convicted of a DUI offense face substantial increases in their car insurance rates. To get affordable premiums, you should compare quotes from different insurance carriers.
| Company | Average annual rates |
|---|---|
| State Farm | $1,720 |
| Geico | $2,432 |
| Travelers | $2,556 |
| Progressive | $2,783 |
| Nationwide | $3,080 |
| USAA | $3,565 |
| Farmers | $3,974 |
| Allstate | $5,199 |
Average car insurance cost in Tempe
In Tempe, the annual cost of car insurance for the coverage level of 100/300/100 is $2,000 or around $167 per month. However, the average yearly rate for state minimum coverage in Tempe is $614.
Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.
You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.
| Average annual Rates | State minimum average |
|---|---|
| $2,000 | $614 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
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