The words “low-cost” and “auto insurance” probably shouldn’t be used in the same sentence, specifically when you are trying to find the cheapest car insurance for good students. In an attempt to save some money, let’s teach you some situations that help determine insurance prices, and find a few ways to take the sting out of your next policy.
Determining which companies quote the lowest-priced auto insurance rates for good students may require a little more work in order to find a policy that fits your budget.
Every insurance company uses their own method to set premium rates, so let’s take a look at the most budget-friendly auto insurance companies in Chandler. It’s a good idea to know that Chandler auto insurance rates are impacted by many factors which can significantly increase or decrease the price you pay for coverage. Simply turning a year older, buying a different home, or getting a driving violation may cause policy rate changes resulting in some companies being cheaper than competitors.
Best Car Insurance Prices for Students
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,285|
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The Hartford has some of the best car insurance rates in Chandler at around $820 per year. Auto-Owners, Safeco, Travelers, and USAA would also be considered some of the more affordable Chandler, AZ car insurance companies.
In the above example, if you are currently insured with Travelers and switched to Auto-Owners, you might achieve an annual savings of in the neighborhood of $178. Policyholders with USAA could save as much as $194 a year, and Progressive insureds might realize rate reductions of up to $221 a year.
To find the cheapest coverage for you, click here to get quotes or click through to the companies below.
Remember that these rates are averages for all insureds and vehicles and do not take into consideration an exact location for good students. So the company that has the lowest price for you may not even be in the top 28 companies in the list above. That emphasizes why you need to get rate quotes using your own personalized driver profile and vehicle information.
The type of vehicle that is being insured is one of the largest factors that determines if you can find cheap auto insurance for good students. Vehicles with more horsepower, a lack of safety features, or a high likelihood of having liability claims will cost more to insure than more economical and safe models. The next list estimates car insurance premiums for a number of the most cost-effective automobiles to buy coverage for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$5,219|
|Honda Accord LX-P 4-Dr Sedan||$5,229|
|Ford Escape XLT 4WD||$5,280|
|Ford F-150 XLT Super Cab 4WD||$5,905|
|Chevrolet Impala LS||$6,132|
|Toyota RAV4 Sport 4WD||$6,193|
|Chevrolet Equinox LS 2WD||$6,199|
|Dodge Grand Caravan Hero||$6,193|
|Chevrolet Malibu LS||$6,200|
|Ford Explorer Eddie Bauer AWD||$6,252|
|Toyota Tacoma Double Cab 4WD||$6,260|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$6,441|
|Ford Focus SEL 4-Dr Sedan||$6,481|
|Hyundai Elantra GLS 4-Dr Sedan||$6,543|
|Toyota Corolla LE||$6,550|
|Honda Odyssey EX-L W/Navigation||$6,543|
|Ford Edge Sport AWD||$6,551|
|Nissan Altima 2.5 S 4-Dr Sedan||$6,543|
|Toyota Camry SE||$6,552|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$6,601|
|Jeep Grand Cherokee Limited 2WD||$6,611|
|Volkswagen Jetta SEL 4-Dr Sedan||$6,601|
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Prices above based on single male driver age 18, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific zip code location which can modify prices greatly.
Based upon these rates, makes and models like the Honda CR-V, Honda Accord, and Ford Escape are most likely going to be the most affordable vehicles to insure for student drivers.
For student drivers, one of the more important components that are used to help calculate the annual cost of car insurance is your address in Chandler. Regions with larger populations or more claims tend to have higher rates, whereas less populated areas have the benefit of cheaper auto insurance prices.
The next table lists the most expensive areas in Arizona for good students to purchase car insurance in. Chandler comes in at #12 having an annual price of $1,115 for coverage, which is around $93 monthly.
|Rank||City||Premium Per Year|
|5||San Tan Valley||$1,161|
|25||Lake Havasu City||$852|
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Prices are estimated as specific Chandler garaging address can lower or raise premium rates considerably.
The chart below shows how different deductible levels can increase or decrease insurance costs when researching cheap insurance for good students. Data assumes a married male driver, comprehensive and collision coverage, and no other discounts are factored in.
The chart above illustrates that a 30-year-old driver could lower rates by $312 a year by increasing from a $100 deductible to a $500 deductible, or save $468 by choosing a $1,000 deductible. Even younger insureds, like the Age 20 category, could lower their rates as much as $950 or more by choosing a larger deductible amount.
If you do make the decision to raise your deductibles, it is a good idea to have enough funds in savings to cover the extra out-of-pocket expense associated with higher deductibles.
Selecting the top insurer can be rather challenging considering how many choices drivers have in Chandler. The information in the lists below may help you pick which auto insurers you want to consider comparing rates with. The rankings below include companies that write coverage in many states, so companies that may only write in Arizona are not taken into consideration for this list.
Top 10 Large Auto Insurance Companies in Chandler Ranked by Customer Service
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Chances are good that you’re overpaying for Chandler car insurance
Arizona auto insurance rates are based on many factors that control the policy premium. Simply turning a year older, adding a teenager to your policy, or getting caught speeding can trigger price changes that may make certain companies cheaper than competitors.
Not only that, but auto insurance companies amend pricing without warning to help ensure profitability. Higher than normal claim frequency or severity can cause higher prices, while a better loss history may result in lower-cost Chandler car insurance rates.
For instance, the bar chart below shows which company has the cheapest car insurance in Chandler, AZ for a 40-year-old female driver with no prior accidents, a clean driving record, and a decent credit rating. If we estimate rates based on her personal risk profile, The Hartford quotes the best car insurance rates in Chandler at $1,116 per year. This is $312 less than the average policy premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and Progressive are also included in the best Chandler, AZ auto insurance companies.
Let’s now give the driver from the first example an accident surcharge, poor credit, and a stop sign violation. Since each insurance company uses a different method to set their prices, analyzing rates may now show a completely different list of affordable companies as shown below.
GEICO now has the best car insurance rate in Chandler, AZ with Ameriprise Group, CSAA, Allied, and Farm Bureau Mutual also having competitive pricing. This example demonstrates why consumers need to take the time to shop around when trying to get the most economical auto insurance rates for good students.
Rates consist of many different factors and can decrease or increase without notice, so the most economical company the last time you checked may now cost much more than other companies.
How to find budget-friendly car insurance for good students
It’s not impossible to find cheaper rates, and here are some thrifty ideas that can help Arizona drivers find more affordable coverage.
- Try to not file small claims
- Keep your driving record clean
- Maintaining good credit helps earn cheaper rates
- Prevent price hikes by avoiding at-fault accidents
- Safer vehicles generally have cheaper insurance rates
- Compare rates regularly to ensure the best deal
The last idea is extremely vital, as was discussed in this write-up. Coverage prices in Chandler fluctuate constantly, so don’t be afraid to buy from a different company if you find a cheaper price. Sticking with a specific company is fine, but it’s not a great idea if that stubbornness costs you thousands of dollars over several years. Take a couple minutes and compare rates to find cheaper insurance for good students.