One of the many things that determine the price you pay for insurance is where your residence is in Chandler. Cities with larger populations or higher claim trends tend to have more expensive auto insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the gratification of cheaper auto insurance rates.
The table below shows the highest-priced areas in Arizona for 20 year old women to purchase a policy in. Chandler shows up at #12 with the yearly price of $1,093 for the average policy, which is approximately $91 per month.
|3||San Tan Valley||$1,185|
|25||Lake Havasu City||$844|
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Rates are approximated as the specific Chandler residence address can revise price quotes substantially.
The type of vehicle to be insured is one of the biggest factors when shopping around for cheaper coverage for 20 year old women. Vehicles with limited top-end speed, modern passenger safety features, or a low likelihood of having liability claims will cost less to insure than fast, unsafe models.
The next table estimates auto insurance prices for a number of the most cost-effective vehicles to insure in Arizona.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$2,696|
|Ford Escape XLS 2WD||$2,702|
|Hyundai Elantra SE Touring Station Wagon||$2,910|
|Ford F-150 XLT Crew Cab 2WD||$3,025|
|Chevrolet Malibu LS||$3,199|
|Jeep Grand Cherokee Laredo 2WD||$3,209|
|Toyota RAV4 4WD||$3,199|
|Dodge Grand Caravan Hero||$3,208|
|Chevrolet Equinox LS AWD||$3,199|
|GMC Sierra SL Extended Cab 2WD||$3,209|
|Ford Explorer Eddie Bauer 4WD||$3,239|
|Ford Focus SEL 4-Dr Sedan||$3,332|
|Honda Civic VP 4-Dr Sedan||$3,340|
|Jeep Wrangler Unlimited Sahara 2WD 4-Dr||$3,332|
|Chevrolet Impala LTZ||$3,372|
|Toyota Tacoma X-Runner 2WD||$3,377|
|Ford Edge Sport 2WD||$3,372|
|Toyota Corolla LE||$3,377|
|Volkswagen Jetta SEL 4-Dr Sedan||$3,412|
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Table data assumes 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. Premium amounts do not factor in vehicle location which can change premium rates greatly.
Based upon these rates, you can conclude that makes and models like the Honda CR-V, Ford Escape, and Hyundai Elantra are going to be some of the less-costly vehicles to insure for young women. The price of auto insurance will trend higher just because there is a higher risk for 20 year old women, but in general those models will have the best insurance prices compared to other vehicles.
Figuring out which company offers the lowest-priced insurance rates for 20 year old women takes more time than just quoting one company’s rates.
Every insurance company has a proprietary formula to set policy rates, so to begin we’ll rank the insurance companies with the most affordable rates in Chandler, AZ.
Find the Cheapest Car Insurance for Women Age 20
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,259|
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The Hartford generally has some of the cheapest car insurance rates in Chandler at around $820 annually. This is $608 less than the average policy premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA would also make the list of some of the more affordable Chandler, AZ auto insurance companies.
In the above rates, if you are insured with Safeco and switched to The Hartford, you could earn a yearly savings of in the vicinity of $76. Insureds with Auto-Owners may save as much as $104 a year, and Travelers insureds might lower prices by $255 a year.
If you would like to find cheaper car insurance rates, click here or click several companies below for low rates.
Understand that those estimates are averages for all types of drivers and the different vehicles they drive and do not factor in a specific location for 20 year old women. So the auto insurance company that can offer you the lowest price may not even be in the top 28 companies shown above. That points out the importance of why you need to compare rates from as many companies as possible using your own individual information.
Full coverage rates compared to liability only
Paying less for insurance is the goal of the majority of vehicle owners, and one of the quickest ways to buy cheap insurance for 20 year old women is to not insure for full coverage. The diagram below shows the comparison of annual premium costs with liability coverage only compared to full coverage. The prices are based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are single, and no other discounts are factored in.
Averaged for all age groups, full coverage on your policy costs $1,263 per year more than buying just liability insurance. That brings up the question if full coverage is worth the money. There is no written rule of when to drop comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
There are some scenarios where buying only liability insurance is not advised. If you still owe money on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Discounts on Chandler car insurance
Auto insurance companies that provide policies for 20 year old women may have policy discounts that can reduce rates by as much as 25% or more if you qualify. Companies and some of the premium reductions they offer can be read below.
- GEICO may include discounts for good student, federal employee, daytime running lights, five-year accident-free, and military active duty.
- Auto-Owners Insurance has savings for safe vehicle, safe driver, mature driver, anti-theft, and good student.
- American Family offers discounts including TimeAway discount, good driver, defensive driver, bundled insurance, good student, accident-free, and mySafetyValet.
- Esurance has discounts for multi-policy, claim free, emergency road assistance, good driver, and online quote.
- Progressive policyholders can earn discounts including multi-policy, multi-vehicle, good student, continuous coverage, and online quote discount.
- State Farm may offer discounts for good driver, multiple policy, passive restraint, Steer Clear safe driver discount, and driver’s education.
- AAA offers discounts for multi-policy, AAA membership discount, good driver, pay-in-full, multi-car, and education and occupation.
The diagram below shows the difference between premium costs with and without policy discounts. The premiums assume a female driver, no violations or claims, Arizona state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with paid-in-full, passive restraint, anti-theft, paperless filing, vehicle safety, and continuous coverage discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on insurance for 20 year old women is 21% or $256.
Chances are good that you’re overpaying for Chandler car insurance
Arizona insurance rates are determined by lots of factors which can substantially change the price you have to pay. Simply having a birthday, having a teenage driver, or getting a few speeding tickets can trigger rate changes that can now make some companies cheaper in comparison to the competition.
In addition, auto insurance companies change prices without warning to reflect underwriting profits or losses. Heavier than normal losses may result in increased policy costs, while profitable underwriting may result in cheaper Chandler car insurance rates.
To help illustrate this point, the chart below analyzes the cheapest car insurance in Chandler, AZ for a 45-year-old male driver with no prior claims, no tickets, and a good credit history. If we estimate rates based on his current rating profile, The Hartford might offer the cheapest car insurance rates in Chandler at $1,051 per year. This is $377 less than the average premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are also on the list of the cheapest Chandler, AZ auto insurance companies.
In the next rate comparison, we’ll give the driver in the first chart a claim or two, slightly worse credit, and a blemish on his driving record. Due to the fact that every auto insurer has their own formula to set policy rates, comparing prices may now show a slightly different list of the cheapest Chandler car insurance companies as shown below.
Ameriprise Group now has the cheapest insurance rate in Chandler, AZ with GEICO, CSAA, Allied, and Auto-Owners also being competitive. This example illustrates why it is important to compare as many rates as possible to get the most affordable car insurance rates for 20 year old women. Insurance rates are calculated by many risk factors and can decrease or increase without notice, so the best company a year ago may now be wasting a lot of money.
How to find cheaper auto insurance for 20 year old women
Lowering your rates is not difficult, and here are many money-saving suggestions that can help Arizona drivers buy cheap car insurance.
- Clean up your credit rating
- Buy vehicles with five-star safety ratings
- Home or renters coverage can save on auto insurance
- Try paying for small claims out-of-pocket
- Do not insure for full coverage
- Higher physical damage deductibles lower rates
- Shop around and save
The last idea is highly vital, as was pointed out in the prior article. Insurance rates can change considerably based on profitability, so don’t hesitate to buy a policy from a new company if you can find a cheaper rate.
Having brand loyalty is commendable, but is isn’t recommended if it’s costing you money that could be spent on other things. Now is a great time to compare rates and find cheaper auto insurance for 20 year old women in Chandler.