How Much is Car Insurance for Electric Cars in Phoenix?

The words “economical” and “auto insurance” probably shouldn’t be used in the same sentence, in particular when you are trying to find the cheapest car insurance for electric cars. Because of the high cost, let’s start off by going over some of the things that help determine auto insurance rates, and find some ways to take a little off your next policy.

Shopping around for low-priced insurance is challenging, and deciding which companies quote the cheapest car insurance rates for electric cars will require a bit more work.

Each company uses their own calculation for determining rates, so we’ll take a look at the car insurance companies with the most affordable rates in Phoenix.

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Arizona auto insurance company rankings
Rank Company Cost Per Year
1 The Hartford $836
2 Auto-Owners $915
3 Safeco $923
4 Travelers $1,075
5 Progressive $1,118
6 USAA $1,124
7 GEICO $1,166
8 Ameriprise Group $1,184
9 Allied $1,209
10 CSAA $1,225
11 Farm Bureau Mutual $1,259
12 Safe Auto $1,297
13 Unitrin $1,317
14 State Farm $1,323
15 Farmers $1,337
16 Titan $1,433
17 American Family $1,435
18 Amica $1,473
19 MetLife $1,521
20 California Casualty $1,552
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The Hartford quotes some of the most affordable car insurance rates in Phoenix at around $836 per year. Auto-Owners, Safeco, Travelers, and Progressive would also be considered some of the lowest-priced Phoenix, AZ car insurance companies.

In this example, if you are a policyholder with Safeco and switched to The Hartford, you could earn a yearly price reduction of in the vicinity of $87. Policyholders with Travelers may save as much as $239 a year, and Progressive policyholders might cut rates by $282 a year.

Be aware that those policy rates are averaged for all drivers and vehicles and do not factor in a specific vehicle garaging location for electric cars. So the car insurance company that can offer the best rates for your situation may not even be in the top 28 companies in the list above. That points out the importance of why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.

For eco-friendly vehicles, one of the more important components that determine the amount you pay for auto insurance is where you live. Regions with more people or even just more weather-related claims tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims get the luxury of paying less.

The illustration below rates the most expensive cities in Arizona for electric cars to purchase auto insurance in. Phoenix is ranked at #1 having an annual price of $1,268 for the average insured, which is around $106 monthly.

How much is auto insurance in Phoenix, AZ?
Rank City Annual Rate
1 Phoenix $1,268
2 Glendale $1,226
3 San Tan Valley $1,196
4 Avondale $1,174
5 Buckeye $1,156
6 Gilbert $1,142
7 Scottsdale $1,129
8 Peoria $1,126
9 Tempe $1,118
10 Mesa $1,113
11 Goodyear $1,098
12 Tucson $1,094
13 Chandler $1,093
14 Maricopa $1,085
15 Oro Valley $1,062
16 Surprise $1,058
17 Catalina Foothills $1,050
18 Casa Grande $1,047
19 Casas Adobes $1,040
20 Yuma $963
21 Flagstaff $960
22 Prescott $942
23 Sierra Vista $890
24 Bullhead City $878
25 Lake Havasu City $844
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Table data uses estimated as the specific area where the vehicle is garaged can alter rates substantially.

The vehicle you are trying to insure is a significant factor when comparing quotes for economical coverage for electric cars. Vehicles with lots of horsepower, a lack of safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more modest models. The list below illustrates car insurance premiums for a selection of the cheaper automobiles to buy insurance for.

Cheapest Vehicles to Insure in Phoenix, AZ
Vehicle Make and Model Estimated Cost for Full Coverage
Ford Escape Limited 2WD $1,716
Toyota Prius $1,857
Toyota Tacoma 4WD $1,878
Ford Explorer XLT 4WD $1,888
Honda CR-V EX-L 4WD $1,963
Chevrolet Silverado LS Regular Cab 2WD $1,989
Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr $2,057
Chevrolet Impala LTZ $2,083
Hyundai Elantra GLS 4-Dr Sedan $2,092
Jeep Grand Cherokee SRT-8 4WD $2,122
Nissan Altima 3.5 SR 4-Dr Sedan $2,127
GMC Sierra 3500HD SLE Crew Cab 2WD $2,160
Ford F-350 XL Crew Cab King Ranch 2WD $2,165
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rates do not factor in specific location which can impact coverage prices considerably.

Based upon these rates, models like the Ford Escape, Toyota Prius, Toyota Tacoma, Ford Explorer, and Honda CR-V are likely to be a few of the more affordable vehicles to insure for eco-friendly vehicles.

Rate increases following a ticket or accident

One of the best ways to score low car insurance premiums in Phoenix for eco-friendly vehicles is to drive cautiously and not receive tickets or have accidents. The example below shows how violations and at-fault claims can affect yearly insurance costs for different age categories. The premium estimates are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are factored in.

The data above shows the average cost of an auto insurance policy in Arizona per year with no accidents or violations is $1,963. Factor in two speeding tickets and the average cost swells to $2,719, an increase of $756 each year. Next add two accidents along with the two speeding tickets and the 12-month cost of car insurance for electric cars jumps again to an average of $5,425. That’s an increase of $3,462, or $289 per month, just for not paying attention while driving!

Phoenix car insurance company ratings

Choosing the highest-rated car insurance company can be challenging considering how many companies there are to choose from in Phoenix. The company ratings below may help you analyze which companies to look at comparing prices from. The ratings below are only comprised of large nationwide companies, so companies that only write business in Arizona or surrounding areas will not be included in this list.

Best 15 Car Insurance Companies for Electric Cars 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
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Data Source: Best Car Insurance Companies

The illustration below demonstrates how deductible levels can affect insurance prices when searching for cheap insurance for electric cars. The rate quotes are based on a married female driver, full coverage, and no discounts are applied to the premium.

As shown above, a 30-year-old driver could save $236 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $358 by using a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could lower their rates up to $508 each year by choosing a higher deductible. When increasing deductibles, it will be required to have spare funds to be able to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.