The words “affordable” and “auto insurance” really shouldn’t be used in the same sentence, in particular when trying to find the cheapest coverage for high mileage drivers. Because it’s not cheap, let’s teach you some of the things that help determine car insurance premiums, and figure out some ways to take the bite out of your next policy.
The make and model of vehicle to be insured is a significant factor in finding the lowest-priced auto insurance for high mileage drivers. Vehicles with lots of horsepower, a lack of safety features, or high incidents of liability claims will cost quite a bit more to insure than more modest models.
The data below presents insurance rates for some of the cheaper vehicles to insure.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX 4-Dr Sedan | $1,587 |
| Ford Escape XLS 2WD | $1,818 |
| Ford Focus SE 4-Dr Sedan | $1,841 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,878 |
| Chevrolet Impala LT | $1,883 |
| Toyota RAV4 4WD | $1,878 |
| Dodge Grand Caravan SXT | $1,915 |
| Jeep Wrangler Unlimited Sport 4WD 4-Dr | $1,941 |
| Toyota Camry SE | $1,975 |
| Honda CR-V EX-L 2WD | $1,993 |
| Chevrolet Silverado LT Extended Cab 2WD | $2,013 |
| Honda Odyssey Touring | $2,021 |
| Nissan Rogue SL AWD | $2,110 |
| Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD | $2,144 |
| Nissan Altima 2.5 S 2-Dr Coupe | $2,147 |
| Chevrolet Equinox LS AWD | $2,150 |
| Jeep Grand Cherokee Laredo 2WD | $2,156 |
| Toyota Prius | $2,161 |
| Ford F-150 FX4 4WD | $2,193 |
| Chevrolet Malibu LT | $2,200 |
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Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rate information does not factor in specific zip code location which can raise or lower rates greatly.
Looking at the numbers, you can presume that makes and models like the Honda Accord, Ford Escape, Ford Focus, and Volkswagen Jetta are most likely to be the more affordable vehicles to insure for high mileage drivers.
For high mileage drivers, one of the largest criteria that are looked at to help calculate the amount you pay for auto insurance is the neighborhood you call home. Cities with more crime and/or more people tend to have more expensive auto insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.
The illustration below shows the highest-priced areas in Arizona for high mileage drivers in which to buy car insurance. Phoenix is ranked #2 with the annual price of $1,218 for the average policyholder, which is about $102 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Avondale | $1,222 |
| 2 | Phoenix | $1,218 |
| 3 | Glendale | $1,190 |
| 4 | San Tan Valley | $1,161 |
| 5 | Scottsdale | $1,151 |
| 6 | Tempe | $1,140 |
| 7 | Goodyear | $1,131 |
| 8 | Maricopa | $1,118 |
| 9 | Mesa | $1,113 |
| 10 | Buckeye | $1,110 |
| 11 | Gilbert | $1,108 |
| 12 | Tucson | $1,105 |
| 13 | Peoria | $1,093 |
| 14 | Surprise | $1,090 |
| 15 | Catalina Foothills | $1,082 |
| 16 | Chandler | $1,082 |
| 17 | Casa Grande | $1,079 |
| 18 | Casas Adobes | $1,072 |
| 19 | Oro Valley | $1,062 |
| 20 | Yuma | $992 |
| 21 | Flagstaff | $969 |
| 22 | Prescott | $942 |
| 23 | Sierra Vista | $890 |
| 24 | Lake Havasu City | $878 |
| 25 | Bullhead City | $878 |
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Rates are approximated as vehicle location can decrease or increase coverage prices greatly.
Deciphering which insurers offer the best auto insurance rates for high mileage drivers may require a tad more effort in order to find the most economical policy. Each company has their own unique process to determine premium rates, so we’ll take a look at the auto insurance companies with the overall cheapest rates in Phoenix, AZ.
It’s important to understand that Phoenix auto insurance rates are impacted by many factors that control the policy premium. Simply turning a year older, adding a teenager to your policy, or getting a ticket for running a stop sign can trigger changes in premium resulting in some rates now being more affordable than before.
Lowest Insurance Price Quotes in Arizona
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $845 |
| 2 | Auto-Owners | $897 |
| 3 | Safeco | $923 |
| 4 | USAA | $1,080 |
| 5 | Travelers | $1,086 |
| 6 | Progressive | $1,118 |
| 7 | GEICO | $1,177 |
| 8 | Ameriprise Group | $1,184 |
| 9 | CSAA | $1,213 |
| 10 | Allied | $1,233 |
| 11 | Farm Bureau Mutual | $1,247 |
| 12 | Safe Auto | $1,297 |
| 13 | State Farm | $1,323 |
| 14 | Farmers | $1,337 |
| 15 | Unitrin | $1,357 |
| 16 | Amica | $1,429 |
| 17 | Titan | $1,433 |
| 18 | American Family | $1,435 |
| 19 | California Casualty | $1,506 |
| 20 | MetLife | $1,551 |
| Get Personalized Rates Go | ||
The Hartford has some of the best car insurance rates in Phoenix at around $845 annually. Auto-Owners, Safeco, USAA, and Travelers would also make the list of some of the cheapest Phoenix, AZ insurance companies.
In this example, if you have coverage with Travelers and switched to Auto-Owners, you might achieve an annual savings of about $189. Insureds with Progressive may save as much as $221 a year, and GEICO customers might reduce prices by as much as $280 a year.
Bear in mind that those premiums are averages across all ages of drivers and types of vehicles and and are not figured with a specific location for high mileage drivers. So the company that can offer you the lowest price may not even be in the top 28 companies shown above. That’s why you need to get rate quotes using your own personalized driver profile and vehicle information.
Cautious drivers save money
The common sense way to score the cheapest auto insurance premiums in Phoenix for high mileage drivers is to drive safely and have a clean driving record. The illustration below illustrates how violations and accidents impact insurance costs for different age groups. The prices are based on a single female driver, comp and collision included, $500 deductibles, and no discounts are factored in.
In the previous chart, the average cost of a car insurance policy in Phoenix per year with a clean driving record and no accidents is $1,798. Get written up for one speeding ticket and the average cost surges to $2,039, an increase of $241 each year. Next add two accidents along with the one speeding ticket and the 12-month cost of auto insurance for high mileage drivers jumps again to an average of $4,220. That’s an increase of $2,422, or $202 per month, just for not driving responsibly!
Discounts on Phoenix auto insurance rates
Auto insurance companies that provide policies for high mileage drivers may have premium discounts that can lower rates by as much as 25% or more if you meet the requirements. A few of the larger companies and a summarized list of policyholder discounts are detailed below.
- American Family may include discounts for Steer into Savings, air bags, accident-free, defensive driver, and multi-vehicle.
- Farm Bureau offers discounts including youthful driver, driver training, safe driver, 55 and retired, multi-vehicle, and good student.
- State Farm may offer discounts for good student, defensive driving training, accident-free, anti-theft, Drive Safe & Save, and good driver.
- Travelers includes discounts for student away at school, good student, payment discounts, multi-car, multi-policy, and hybrid/electric vehicle.
- The Hartford has savings for defensive driver, air bag, vehicle fuel type, anti-theft, driver training, and good student.
- GEICO discounts include multi-policy, defensive driver, good student, five-year accident-free, driver training, and multi-vehicle.
- Progressive may have discounts that include multi-vehicle, online quote discount, homeowner, online signing, continuous coverage, good student, and multi-policy.
The diagram below illustrates the difference between insurance premiums with and without some available policy discounts. The premiums assume a female driver, a clean driving record, no claims, Arizona state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple vehicle, accident-free, vehicle safety, defensive driving course, marriage, and safe-driver discounts applied. When these discounts are applied to the policy premium, theamount saved on auto insurance for high mileage drivers is 28% or $449.
How to find economical car insurance for high mileage drivers
The list below summarizes some of the better money-saving ideas that can help Phoenix drivers locate more affordable coverage.
- Buy vehicles with good safety ratings
- Raise deductibles to save money
- Higher credit scores can equal lower rates
- Remain accident-free and save
- Violations and traffic tickets increase rates
- Compare quotes from other companies often
The last tip in the list is incredibly crucial, as was stressed in this article. Prices charged by auto insurers vary considerably, so drivers shouldn’t be resistant to change to a new company if a cheaper price is available. Many drivers have brand loyalty and that’s fine, but is isn’t recommended if it’s costing you thousands of dollars over the life of your policy. In just a couple of minutes you could compare rates and find cheaper car insurance for high mileage drivers in Phoenix.