Cheapest car insurance companies in Phoenix 

After an in-depth analysis, Insurance.com found that Geico and Travelers are the cheapest car insurance companies in Phoenix for 2023. 

Geico has the cheapest car insurance rates in Phoenix at an average cost of $1,582 per year.

When it comes to car insurance costs in Phoenix, 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. 

CompaniesAverage annual rates
Geico$1,582
USAA$1,741
Travelers$1,785
Auto-Owners$2,140
Nationwide$2,208
Progressive$2,427
Allstate$2,769
State Farm$2,831
Farmers$2,972

Cheapest car insurance cost in Phoenix by Age Group 

Geico offers the cheapest full coverage car insurance for teenage drivers in Phoenix, with an average annual cost of $4,160 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 Phoenix, Geico has the cheapest auto insurance rates, with an average annual cost of $2,194 annually

An analysis of car insurance rates for Phoenix 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 $1,579 per year.

Geico tops the list in terms of affordability for senior drivers in Phoenix. With an average annual premium of $1,584, Geico offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.

CompanyTeensYoung AdultsAdultsSeniors
Geico$4,160$2,194$1,579$1,584
Travelers$5,927$2,805$1,826$1,868
Auto-Owners$6,260$3,651$2,168$2,307
USAA$7,785$3,042$1,749$1,778
Nationwide$8,644$3,972$2,197$2,080
State Farm$8,916$4,716$2,830$2,816
Allstate$9,129$3,883$2,739$3,035
Progressive$11,503$4,079$2,403$2,475
Farmers$12,443$5,690$2,879$3,107
CSAA Insurance (AAA)$15,467N/AN/AN/A

Cheapest car insurance companies in Phoenix by driver profile 

Car insurance rates in Phoenix 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

It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Phoenix that suits your budget. 

Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Phoenix drivers based on driver profile.

The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Phoenix drivers at about $1,908 per year

Know which car insurance companies offer affordable car insurance for drivers with poor credit scores in Phoenix.

CompanyAverage annual rates
Geico$1,908
Nationwide$2,297
Travelers$2,466
USAA$3,152
Progressive$3,538
Farmers$4,208
Allstate$5,051
State Farm$8,592

USAA offers the cheapest auto insurance rates for drivers with a speeding ticket in Phoenix. It offers full coverage car insurance for drivers aged 30 at about $2,072 per year

Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.

CompanyAverage annual premium
USAA$2,072
Geico$2,191
State Farm$2,265
Nationwide$2,342
Travelers$2,350
Progressive$2,792
Farmers$3,580
Allstate$4,767

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 Geico offers the cheapest car insurance rates for Phoenix drivers with at-fault accidents. It provides coverage at an average annual cost of $2,279.

CompanyAverage annual rates
Geico$2,279
Travelers$2,388
State Farm$2,453
Nationwide$2,537
USAA$2,653
Progressive$3,638
Farmers$4,213
Allstate$4,636

In Phoenix, 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 $2,265 a year

Following a DUI conviction, it's likely that your auto insurance premiums will increase. To get affordable premiums, compare car insurance quotes from various providers. Comparison shopping can help you find the best possible offer.

CompanyAverage annual rates
State Farm$2,265
Geico$2,923
Travelers$2,947
Progressive$3,122
Nationwide$3,826
USAA$4,030
Farmers$4,367
Allstate$6,097

Average car insurance cost in Phoenix 

In Phoenix, the average annual cost for full coverage car insurance is around $2,251, which breaks down to approximately $188 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Phoenix is about $676.

While full coverage car insurance is more expensive than the state minimum, it provides valuable protection for your own vehicle in addition to coverage for other drivers in the event of an accident. To save money, consider comparing quotes from multiple insurance companies.

Average annual RatesState minimum average
$2,251$676

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.