One of the many considerations that determine insurance cost is where you live in Chandler. Regions with more people or even just more weather-related claims are more likely to pay higher prices, whereas areas with less crime or weather claims have the benefit of cheaper car insurance.
The following table sorts the most expensive areas in Arizona for homeowners in which to purchase auto insurance. Chandler is ranked #8 costing $1,115 for the average policy, which is around $93 each month.
|Rank||City||Premium Per Year|
|5||San Tan Valley||$1,161|
|25||Lake Havasu City||$852|
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Premium costs are estimated as the specific zip code location can alter premium rates greatly.
Locating budget insurance is challenging, and figuring out which company has the cheapest auto insurance rates for homeowners requires a little more work.
Each insurer has a different process to establish rates, so we’ll go over the auto insurance companies with the overall cheapest rates in Chandler. It’s important to understand that Chandler, AZ auto insurance rates are determined by lots of factors which can substantially decrease or increase the price you have to pay. Simply having another birthday, buying a safer car, or getting caught speeding may generate price changes that can cause some rates to be way too expensive in comparison to the competition.
Best Auto Insurance Prices for Homeowners
The Hartford quotes some of the lowest car insurance rates in Chandler at around $845 a year. This is $583 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 best Chandler, AZ car insurance companies.
As shown above, if you have coverage with Safeco and switched to The Hartford, you could realize annual savings of roughly $87. Customers with USAA might save as much as $268 a year, and Travelers customers might reduce rates by $274 a year.
Remember that these rates are averages across all types of insureds and vehicles and do not take into consideration a specific zip code for homeowners. So the auto insurance company that can offer you the lowest price may not even be in the list above. That points out the importance of why you need to get car insurance quotes using your own driver data and vehicle information.
The make and model of vehicle driven is one of the primary factors when comparing quotes for cheaper car insurance for homeowners. Vehicles with lots of speed or power, poor safety ratings, or a track record of large liability claims will cost more to insure than more modest models. The list below estimates insurance premiums for the most budget-friendly vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape Limited 2WD||$1,409|
|Honda CR-V LX 2WD||$1,504|
|Dodge Grand Caravan SE||$1,544|
|Ford Fusion S 4-Dr Sedan||$1,631|
|Jeep Wrangler Unlimited Sahara 2WD 4-Dr||$1,676|
|Hyundai Elantra SE Touring Station Wagon||$1,681|
|Honda Accord EX-L 4-Dr Sedan||$1,688|
|Ford F-150 XL Regular Cab 4WD||$1,684|
|Toyota Tacoma 4WD||$1,690|
|Ford Edge Sport 2WD||$1,721|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,729|
|Kia Optima LX||$1,745|
|Chevrolet Impala LS||$1,747|
|GMC Sierra SL Crew Cab 2WD||$1,750|
|Jeep Grand Cherokee SRT-8 4WD||$1,755|
|GMC Sierra 3500HD SLE Crew Cab 2WD||$1,782|
|Chevrolet Equinox LT AWD||$1,790|
|Volkswagen Jetta 2.0T Station Wagon||$1,808|
|Ford Explorer Limited 2WD||$1,819|
|Toyota RAV4 2WD||$1,834|
|Chevrolet Silverado LTZ Extended Cab 2WD||$1,863|
|Ford Focus SES 4-Dr Sedan||$1,879|
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease rates considerably.
Based upon these rates, vehicles like the Ford Escape, Honda CR-V, and Dodge Grand Caravan are going to be some of the cheapest vehicles to insure for people who own their homes.
Cautious Chandler drivers save money
The easiest way to earn the most affordable auto insurance prices in Chandler for people who own their homes is to be a careful driver and avoid traffic citations and accidents. The chart below illustrates how traffic citations and at-fault collisions increase auto insurance rates for each different age category. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no additional discounts are factored in.
In the previous example, the average cost of an auto insurance policy in Chandler per year with a clean driving record and no accidents is $1,209. Factor in two speeding tickets and the average cost swells to $1,661, an increase of $452 each year. Then add in one accident along with the two speeding tickets and the annual cost of auto insurance for homeowners increases to an average of $2,116. That’s an increase of $907, or $76 per month, just for not keeping your driving record clean!
Full coverage or liability only
Finding cheaper auto insurance is the goal of the majority of vehicle owners, and one good way to buy cheaper insurance for homeowners is to not buy comprehensive and collision coverage. The illustration below shows the difference between yearly insurance costs with full coverage and liability only. The premium estimates are based on no tickets, no at-fault accidents, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
If we average all the age groups together, physical damage coverage costs an extra $1,681 per year more than just buying liability insurance. At some point, about every driver wonders if it’s a good idea to buy full coverage. There is no exact formula to exclude full coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
Compare rates to save
Arizona auto insurance rates are calculated based on many things that can increase the policy price. Turning one year older, buying a different home, or getting a couple of tickets can produce rate changes that can cause some rates to be cheaper than others. Not only may your risk profile change, but auto insurance companies amend premium rates every year or even multiple times each year to adjust for heavy claims or excess profits. Significantly higher claims can cause price increases, while a better claims history may cause lower-cost Chandler car insurance rates.
For example, the chart below shows which company has the cheapest car insurance in Chandler, AZ for a 40-year-old female driver with no prior claims, no tickets, and solid credit. When quoting prices based on her current risk factors, The Hartford quotes the best car insurance rates in Chandler at $1,116 a year. This is $312 less than the average premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers are the remainder of the top five cheapest Chandler, AZ auto insurance companies.
The next chart shows rates after we give the driver from the above example an accident claim, a lower credit rating, and a traffic citation. Since each auto insurance company has a proprietary formula to set premium rates, comparing insurance quotes will most likely result in a slightly different list of affordable Chandler car insurance companies as shown below.
GEICO now has the cheapest insurance rate in Chandler with Ameriprise Group, Auto-Owners, CSAA, and Allied also being competitive. This shows why it is so important to perform a complete rate comparison to get the most economical car insurance rates for homeowners.
Auto insurance prices are influenced by many things and change frequently, so the best price the last time you compared rates may now cost much more than other companies.
If you aren’t clear which coverage you need and would like to have a professional recommendation when comparing insurance rates for homeowners, the agents shown below are a good start to aid you in deciding which auto insurance policy fits you best. To find an agent using an interactive map, click the button at the bottom.
- 1st Choice Insurance
2500 N Alma School Rd – Chandler, AZ 85224 – (480) 855-7000
- Independent Insurance Agent
5165 S Eileen Dr – Chandler, AZ 85248 – (480) 220-7233
- Citywide Insurance, Inc.
369 S Arizona Ave – Chandler, AZ 85225 – (480) 821-3772
- State Farm: Tara Poaletti
300 N Gila Springs Blvd #150 – Chandler, AZ 85226 – (480) 659-5263
- State Farm: Grady Hansen
1807 E Queen Creek Rd #1 – Chandler, AZ 85286 – (480) 883-7997