The words “low-priced” and “auto insurance” probably shouldn’t be used in the same sentence, especially when shopping around for the best car insurance after a speeding ticket. To save some money, let’s teach you a few of the factors that have an effect on auto insurance rates, and find a way to take the sting out of the next policy you buy.
One of the many things that are used to help calculate the amount you pay each year for auto insurance is where you normally keep your vehicle in Chandler. Cities with larger populations will most likely have higher rates, whereas areas with less crime or weather claims benefit from having to pay less for coverage.
The information below sorts the priciest cities in Arizona after a speeding ticket to buy auto insurance in. Chandler is ranked at #11 with the annual price of $1,093 for car insurance, which is approximately $91 monthly.
|Rank||City||Premium Per Year|
|4||San Tan Valley||$1,161|
|Start a Quote Go|
Rates are approximated as the specific zip code location can impact coverage rates considerably.
The vehicle model that is being insured is one of the main factors when comparing quotes for economical insurance after a speeding ticket. Vehicles with lower performance, an excellent safety record, or a positive history of liability claims will cost significantly less to insure than fast, unsafe models. The information below estimates car insurance prices for some of the most affordable automobiles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$1,979|
|Ford Escape XLT 4WD||$2,188|
|Toyota Camry LE||$2,293|
|Chevrolet Malibu LS||$2,301|
|Ford Explorer Eddie Bauer 2WD||$2,394|
|Toyota Corolla XLE||$2,418|
|Honda Accord EX-L 4-Dr Sedan||$2,447|
|GMC Sierra 2500HD SLE Crew Cab 4WD||$2,463|
|Ford Focus SE 4-Dr Sedan||$2,484|
|Ford Edge Limited 2WD||$2,493|
|Honda Odyssey EX W/Rear Entertainment||$2,484|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$2,505|
|Volkswagen Jetta SE 2.5 Station Wagon||$2,510|
|Dodge Grand Caravan SE||$2,518|
|Toyota RAV4 4WD||$2,531|
|Jeep Grand Cherokee Laredo 4WD||$2,541|
|GMC Sierra SLE Regular Cab 2WD||$2,531|
|Chevrolet Impala LT||$2,537|
|Toyota Camry Hybrid||$2,626|
|Start Your Quote Go|
Table data represents single female driver age 40, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, and multi-vehicle. Rate information does not factor in your specific Chandler, AZ location which can increase or decrease coverage prices considerably.
Based on these rates, you can infer that cars like the Honda CR-V, Toyota Prius, Ford Escape, Toyota Camry, and Chevrolet Malibu are some of the cheapest vehicles to insure after a few driving violations.
Finding low-priced auto insurance is not the easiest thing to do, and figuring out which company has the best auto insurance rates after a speeding ticket will take a little more work.
Each company uses their own method to set premium rates, so we’ll take a look at the auto insurance companies with the most affordable rates in Chandler.
Best Cheap Insurance Rates with Licence Points
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,247|
|Find Your Rate Go|
The Hartford quotes some of the lowest car insurance rates in Chandler at around $820 per year. This is $608 less than the average rate paid by Arizona drivers of $1,428. Safeco, Auto-Owners, USAA, and Progressive also qualify as some of the cheapest Chandler, AZ insurance companies.
In the above example, if you buy coverage from USAA and switched to The Hartford, you may realize annual savings of around $260. Policyholders with Progressive might save as much as $298 a year, and Travelers insureds might lower prices by up to $299 a year.
Understand that those prices are averaged for all types of drivers and the different vehicles they drive and do not factor in an exact location after a speeding ticket. So the insurer that fits your situation best may not even be in the top 28 companies shown above. That is why you need to compare prices as often as possible using your own specific driver information and vehicle.
Discount Chandler car insurance
Car insurance companies that offer quotes after a speeding ticket may provide discounts that can reduce rates by 40% or more if you meet the requirements. A few of the larger companies and their offered discounts are included below.
- State Farm discounts include anti-theft, good student, multiple policy, multiple autos, student away at school, and good driver.
- GEICO may include discounts for multi-vehicle, federal employee, good student, defensive driver, emergency military deployment, and five-year accident-free.
- Allstate policyholders can earn discounts including eSmart discount, economy car, FullPay discount, new car, and multi-policy.
- SAFECO includes discounts for homeowner, teen safety rewards, teen safe driver, safe driver, multi-car, and anti-theft.
- Farm Bureau may offer discounts for safe driver, renewal discount, driver training, multi-vehicle, and 55 and retired.
- Progressive offers premium reductions for multi-vehicle, good student, online signing, continuous coverage, and online quote discount.
- AAA may have discounts that include AAA membership discount, multi-car, multi-policy, anti-theft, and good student.
The example below visualizes the comparison of car insurance rates with and without discounts being applied to the rates. The premiums are based on a male driver, no accidents and one traffic ticket, Arizona state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with marriage, multiple policy, paperless filing, multiple vehicle, continuous coverage, and passive restraint discounts applied. When taking advantage of discounts, the average amount saved each year on auto insurance after a speeding ticket is 28% or $537.
Full coverage versus liability-only in Chandler
Buying cheaper auto insurance should be important to the majority of people, and one way to find cheaper insurance after a speeding ticket is to buy only liability coverage. The example below illustrates the comparison of insurance prices with and without full coverage. The data is based on a clean driving record, no claims, $250 deductibles, drivers are not married, and no policy discounts are applied.
If averaged out across all ages, physical damage insurance costs an additional $2,144 per year more than just buying liability only. That is a large expense and it proposes the question if paying for full coverage is worth it. There is no exact formula that works best for making the decision to drop physical damage coverage, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
The importance of shopping around
Chandler auto insurance rates are influenced by many factors that control the price of coverage. Turning one year older, buying a different vehicle, or getting a couple of tickets can trigger changes in premium that may make certain companies more affordable than competitors. Also, insurers change premium rates as often as every three months to help ensure profitability. Unexpectedly high claims can cause more expensive premiums, while lower claims may cause cheaper Chandler car insurance rates.
To illustrate this example, the bar chart below shows which company has the cheapest car insurance in Chandler, AZ for a 45-year-old female driver with no violations or accidents, and a good credit history. Based on her current rating profile, The Hartford may offer the best car insurance rates in Chandler at $1,072 each year. This is $356 less than the average price paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA are the remaining best Chandler, AZ auto insurance companies.
Let’s now give the driver in the first example an at-fault accident, a lower credit rating, and a couple of points charged on her driving record. Since each auto insurance company has their own formula for determining rates, comparing quotes may now show a significantly different list of companies as shown below.
GEICO now has the cheapest car insurance in Chandler with Allied, Ameriprise Group, CSAA, and Auto-Owners now being in the top five. This example proves why drivers need to compare many different companies to find the cheapest auto insurance rates after a speeding ticket.
Rates are impacted by many factors and can increase or decrease at any time, so the most affordable company two years ago may now cost much more than other companies.
How to find budget-friendly car insurance after a speeding ticket
It is possible to find better rates, and here are many money-saving suggestions that can help Chandler drivers buy lower-cost car insurance.
- Buy your auto and home insurance from the same company and save
- Vehicles with good safety ratings have lower liability rates
- Prevent price hikes by avoiding at-fault accidents
- Do not pay for full coverage on older vehicles
- Try paying for small claims out-of-pocket
- Speeding tickets and other violations increase rates
- Shop around for cheaper prices often
The last suggestion is certainly valuable, as we stressed in the prior information. Auto insurance rates go up and down frequently, so drivers shouldn’t be resistant to switch carriers if a lower-cost policy is available. Many drivers prefer to stick with one company, but it isn’t a good idea if that faithfulness ends up costing you lots of hard earned cash every month. If you have a few minutes, compare rates to find cheaper car insurance after a speeding ticket in Chandler.