The vehicle model you are insuring is a significant factor when comparison shopping for the lowest-priced coverage for a learners permit. Vehicles with limited top-end speed, good safety features, or a positive history of liability claims will cost significantly less to insure than high performance models.
The data below features auto insurance premiums for some of the cheaper vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$5,183|
|Hyundai Elantra GLS Touring Station Wagon||$5,190|
|Honda CR-V EX 2WD||$5,183|
|Ford Escape XLT 4WD||$5,230|
|Honda Odyssey LX||$5,787|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$5,795|
|Dodge Grand Caravan CV||$5,833|
|Ford F-150 XLT Crew Cab 2WD||$5,839|
|Ford Edge SEL AWD||$6,103|
|Jeep Grand Cherokee Laredo 2WD||$6,150|
|Toyota RAV4 Limited 2WD||$6,157|
|Volkswagen Jetta S 4-Dr Sedan||$6,150|
|Chevrolet Impala LT||$6,159|
|Ford Explorer Limited AWD||$6,196|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$6,204|
|Ford Focus SEL 4-Dr Sedan||$6,417|
|Toyota Corolla S||$6,463|
|Toyota Camry XLE||$6,470|
|GMC Sierra SLE Crew Cab 2WD||$6,510|
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Premium data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, and safe-driver. Information does not factor in Chandler, AZ location which can raise or lower price quotes greatly.
Looking at the rates, cars like the Honda Accord, Hyundai Elantra, and Honda CR-V should be the more affordable vehicles to insure for new drivers. The cost of a car insurance policy will be higher anyway because of the fact that there is a higher risk for a learners permit, but generally speaking those particular vehicles will tend to have the lowest insurance rates compared to all other vehicles.
For new drivers, one of the largest criteria that are looked at to determine insurance cost is your address in Chandler. Areas with more people or even just a higher incidence of claims likely pay more, whereas areas with less crime or weather claims receive better rates.
The following table lists the highest-priced areas in Arizona for a learners permit to purchase car insurance in. Chandler makes the list at #14 with an annual premium of $1,082 for coverage, which is about $90 monthly.
|Rank||City||Average Per Year|
|5||San Tan Valley||$1,150|
|25||Lake Havasu City||$852|
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Rate quotes are comparative as the specific garaging location can increase or decrease premiums greatly.
The diagram below highlights how deductible selection can raise or lower insurance costs when getting quotes for cheap insurance for a learners permit. The costs are based on a married male driver, full coverage, and no discounts are applied to the premium.
As shown above, a 40-year-old driver could lower their car insurance rates by $290 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $440 by using a $1,000 deductible. Young drivers, like the 20-year-old category, could reduce their rates as much as $972 or more just by using higher deductibles. If you do raise deductibles, it is necessary to have enough spare savings to be able to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Irresponsible driving raises your rates
The best way to find the cheapest car insurance premiums for new drivers is to pay attention while driving and not have accidents or get tickets. The diagram below highlights how traffic violations and accidents can influence premium costs for different insured age categories. The price estimates are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are factored in.
In the chart above, the average cost of a car insurance policy in Chandler per year with no violations or accidents is $1,472. Add in two speeding tickets and the average cost swells to $2,034, an increase of $561 each year. Then throw in one accident along with the two speeding tickets and the annual cost of car insurance for a learners permit increases to an average of $2,597. That’s an increase of $1,124, or $94 per month, just for being a less-than-perfect driver!
Here’s why price comparisons are so important
Arizona car insurance rates are influenced by many factors which can substantially change the price of coverage. Improving your credit rating, buying higher coverage limits, or getting a reckless driving citation can trigger changes in premium that can make some companies much cheaper than others. In addition, auto insurance companies change premium rates multiple times each year to adjust for unexpected claims or profits. A period of higher than normal claims can result in increased rates, while a better loss history may result in lower-priced Chandler car insurance rates.
As an example, the graph below shows the companies that have the cheapest car insurance in Chandler, AZ for a 30-year-old male driver with no accidents or violations, and a good credit history. When comparing rates based on his current risk factors, 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. Safeco, Auto-Owners, Travelers, and USAA also make the list of the most affordable Chandler, AZ auto insurance companies.
Now let’s give the driver from the above example a claim or two, a little lower credit rating, and a traffic ticket or two. Since each auto insurer has a different formula for filing rates in each state, analyzing rate quotes most likely will result in a completely different list of affordable companies as shown below.
Progressive now has the cheapest rate in Chandler with Ameriprise Group, CSAA, Allied, and Farm Bureau Mutual now rounding out the top five. This illustrates why Chandler drivers need to shop around to find the cheapest car insurance quotes for a learners permit. Car insurance prices can be determined by many different factors and can change substantially, so the most economical company two years ago may now be wasting a lot of money.