Who Has Cheap Car Insurance Rates for 16 Year Olds in Phoenix?

I’m sure you’ve seen the catchy commercials from insurers like Nationwide, Allstate, and GEICO that say if you switch you’ll get the cheapest rates, so drivers just need to choose any one of them, right?

Unfortunately, it’s just not that easy, as there are a whole slew of unknown elements like how far you drive each year, your credit rating, citations or tickets, and the amount of liability coverage you want. If you keep reading, we will teach you about some of these criteria and will give you a good start in finding the cheapest insurance in Arizona.

Finding good, low-priced insurance is not most people’s favorite thing to do, and figuring out which company has the cheapest car insurance rates for 16 year olds will require even more diligence.

Every insurance company has their own process for determining rates in each state, so we need to take a look at the most budget-friendly car insurance companies in Phoenix.

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Cheapest auto insurance in Arizona ranked by cost per year
Rank Company Cost Per Year
1 The Hartford $845
2 Safeco $896
3 Auto-Owners $924
4 USAA $1,113
5 Travelers $1,119
6 GEICO $1,131
7 Progressive $1,164
8 Ameriprise Group $1,184
9 Allied $1,209
10 CSAA $1,213
11 Farm Bureau Mutual $1,285
12 Safe Auto $1,297
13 Unitrin $1,303
14 State Farm $1,337
15 Farmers $1,350
16 Titan $1,461
17 American Family $1,478
18 Amica $1,487
19 MetLife $1,505
20 Safeway $1,554
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The Hartford quotes some of the cheapest car insurance rates in Phoenix at around $845 each year. Safeco, Auto-Owners, USAA, and Travelers are also some of the cheaper Phoenix, AZ insurance companies.

As shown above, if you are a policyholder with USAA and switched to The Hartford, you might achieve an annual savings of in the vicinity of $268. Arizona drivers with Travelers could save as much as $274 a year, and GEICO customers might see rate reductions of $286 a year.

Understand that those premiums are averaged for all types of drivers and the different vehicles they drive and and are not calculated with an exact zip code location for 16 year olds. So the insurer that fits you best may not even be in the top 28 companies shown above. That underscores the importance of why you need to get car insurance quotes using your own driver data and vehicle information.

The type of vehicle requiring coverage is one of the largest considerations when comparison shopping for low-priced insurance for 16 year olds. Vehicles with limited speed and performance, an excellent safety record, or a track record of few liability claims will cost substantially less to insure than adrenaline junky models.

The next table estimates car insurance premiums for a handful of the most economical vehicles to buy insurance for.

Cheapest Vehicles to Insure in Phoenix, AZ
Make and Model Estimated Cost for Full Coverage
Honda CR-V EX 4WD $7,028
Ford Escape Limited 2WD $7,037
Toyota Prius $7,515
Ford F-150 XL Regular Cab 4WD $7,839
Jeep Wrangler Sahara 4WD 2-Dr $7,848
Ford Explorer XLT 2WD $7,839
Volkswagen Jetta SE 2.5 Station Wagon $7,939
Ford Edge Limited 2WD $8,200
Honda Odyssey EX $8,206
Chevrolet Impala LS $8,200
Jeep Grand Cherokee Laredo 4WD $8,263
Toyota RAV4 Sport 2WD $8,270
Chevrolet Malibu LT $8,326
Dodge Grand Caravan SXT $8,333
Chevrolet Silverado LS Regular Cab 2WD $8,476
Ford Focus SEL 4-Dr Sedan $8,624
Hyundai Elantra Blue 4-Dr Sedan $8,634
Toyota Camry XLE $8,687
Toyota Corolla LE $8,696
Toyota Tacoma X-Runner 2WD $8,687
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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 safe-driver, and claim-free. Rate information does not factor in zip code location which can influence premium rates noticeably.

Looking at the rates, you can infer that models like the Honda CR-V, Ford Escape, Toyota Prius, and Ford F-150 should be the most budget-friendly vehicles to insure for new drivers. The price for car insurance will tend to be more expensive anyway because of the fact that there is more liability exposure for 16 year olds, but in general those particular vehicles will probably have the lowest insurance rates that you are likely to find.

Discount Phoenix car insurance rates

Save on car insurance for new drivers in PhoenixCar insurance companies that offer cheap quotes for 16 year olds may additionally offer discounts that could lower prices by 35% or more if you qualify for them. Companies and a summarized list of policyholder discounts are:

The illustration below illustrates the difference between yearly insurance costs with and without policy discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Arizona state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with anti-theft, good student, paid-in-full, vehicle safety, continuous coverage, and paperless filing discounts applied. When discounts are applied, the average savings per year on car insurance for 16 year olds is 28% or $629.

Insuring your vehicle with the highest-rated company can be difficult considering how many different companies insure vehicles in Arizona. The rank data shown next could help you decide which companies you want to consider comparing rates with. The rankings below are for the companies with a significant amount of written premium nationwide, so companies with more of a regional focus are not factored into this list.

Best Car Insurance Companies for 16 Year Olds in Arizona
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Mercury Insurance 88 91 90 85% A+ 89.4
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
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Data Source: Insure.com Best Car Insurance Companies

Here’s why you should compare rates often

Phoenix car insurance rates are influenced by many factors that will increase or decrease the policy premium. Improving your credit rating, becoming a homeowner, or getting caught speeding can trigger price changes that can now make some companies cheaper than competitors. Also, auto insurance companies file new Arizona car insurance rates every year in order to remain profitable. Significantly higher losses can cause price increases, while long-term profits can produce cheaper Phoenix car insurance rates.

The graph below shows which company has the cheapest car insurance in Phoenix, AZ for a 30-year-old female driver with no prior claims, no tickets, and great credit. If we compare prices based on her current risk profile, The Hartford may offer the best car insurance rates in Phoenix at $1,269 a year. This is $159 less than the average policy premium paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are also on the list of the cheapest Phoenix, AZ auto insurance companies.

In the next rate comparison, we’ll give the driver from the above example a chargeable accident, less-than-perfect credit, and a traffic citation. Since each auto insurer uses their own method for filing rates in each state, comparing prices could result in a different set of affordable companies as shown below.

GEICO now has the lowest price in Phoenix, AZ with CSAA, Ameriprise Group, Auto-Owners, and Allied also having competitive pricing. This example shows why drivers need to do a thorough rate comparison when trying to get cheap auto insurance rates for 16 year olds. Car insurance prices are impacted by many risk factors and change substantially, so the most economical option the last time you shopped your coverage around may now be one of the more expensive options.