The type of vehicle you are seeking coverage for is a large factor that determines whether or not you find the most affordable insurance for drivers over age 70. Vehicles with lower acceleration and performance, an excellent safety record, or a positive history of liability claims will cost substantially less to insure than higher performance models.
The next table features car insurance premiums for the most cost-effective automobiles to buy coverage for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 4WD | $1,997 |
| Honda CR-V EX-L 2WD | $2,003 |
| Jeep Wrangler Sport 4WD 2-Dr | $2,045 |
| Toyota Prius | $2,152 |
| Chevrolet Silverado LS Regular Cab 4WD | $2,170 |
| Dodge Grand Caravan CV | $2,203 |
| Ford Explorer Eddie Bauer 2WD | $2,210 |
| Ford Focus S 4-Dr Sedan | $2,292 |
| Ford Edge SEL 2WD | $2,300 |
| Chevrolet Malibu LS | $2,325 |
| Volkswagen Jetta S 4-Dr Sedan | $2,330 |
| Toyota RAV4 4WD | $2,325 |
| Ford F-150 SVT Raptor Super Cab 4WD | $2,357 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $2,365 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $2,357 |
| Hyundai Elantra Blue 4-Dr Sedan | $2,417 |
| Toyota Camry XLE | $2,450 |
| Toyota Corolla XLE | $2,458 |
| Chevrolet Impala LTZ | $2,450 |
| Chevrolet Equinox LTZ 2WD | $2,482 |
| Compare Rates Now Go | |
Above prices assume single female driver age 70, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Rate quotes do not factor in zip code location which can raise or lower premiums greatly.
Based upon the table data, you can infer that makes and models like the Ford Escape, Honda CR-V, Jeep Wrangler, Toyota Prius, and Chevrolet Silverado are most likely going to be the cheapest vehicles to insure for older drivers. The price for an auto insurance policy will be more expensive just because there is more liability exposure for drivers over age 70, but generally speaking those vehicles will tend to have the cheapest rates compared to all other vehicles.
Finding out which company quotes the most affordable car insurance rates for drivers over age 70 calls for a little more effort than just comparing rates from one or two companies.
Each insurance company has a proprietary method for filing rates in each state, so let’s take a look at the car insurance companies that tend to be cheaper in Phoenix, AZ.
Find Cheaper Auto Insurance for Age 70+
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $845 |
| 2 | Safeco | $896 |
| 3 | Auto-Owners | $924 |
| 4 | Travelers | $1,108 |
| 5 | USAA | $1,113 |
| 6 | GEICO | $1,131 |
| 7 | Progressive | $1,164 |
| 8 | Ameriprise Group | $1,184 |
| 9 | CSAA | $1,189 |
| 10 | Allied | $1,209 |
| 11 | Safe Auto | $1,284 |
| 12 | Farm Bureau Mutual | $1,297 |
| 13 | Unitrin | $1,343 |
| 14 | State Farm | $1,377 |
| 15 | Farmers | $1,378 |
| 16 | Amica | $1,429 |
| 17 | American Family | $1,435 |
| 18 | Titan | $1,461 |
| 19 | MetLife | $1,505 |
| 20 | California Casualty | $1,506 |
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The Hartford has some of the most affordable car insurance rates in Phoenix at around $845 each year. This is $583 less than the average rate paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA also make the cut as some of the lowest-priced Phoenix, AZ auto insurance companies.
As the rates illustrate above, if you are insured with Travelers and switched to Safeco, you might see an annual savings of in the neighborhood of $212. Customers with USAA may save as much as $217 a year, and GEICO policyholders might reduce rates by $235 a year.
Be aware that those rates are averaged for all drivers and vehicles in Arizona and and are not calculated with a specific zip code for drivers over age 70. So the car insurance company that is best suited for you may not even be in the list above. That underscores the importance of why you need to quote rates from many companies using your own driver and vehicle profiles.
For older drivers, one of the big criteria that help determine the annual cost of car insurance is your address. Cities with larger populations are more likely to pay higher prices, whereas areas with less congestion have the benefit of cheaper auto insurance prices.
The information below lists the priciest cities in Arizona for drivers over age 70 in which to buy car insurance. Phoenix ranks #1 with an annual cost of $1,255 for the average insurance policy, which is around $105 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Phoenix | $1,255 |
| 2 | Glendale | $1,214 |
| 3 | Avondale | $1,174 |
| 4 | Gilbert | $1,154 |
| 5 | Scottsdale | $1,151 |
| 6 | San Tan Valley | $1,150 |
| 7 | Mesa | $1,147 |
| 8 | Peoria | $1,137 |
| 9 | Buckeye | $1,122 |
| 10 | Tempe | $1,118 |
| 11 | Goodyear | $1,087 |
| 12 | Chandler | $1,082 |
| 13 | Maricopa | $1,074 |
| 14 | Tucson | $1,072 |
| 15 | Casas Adobes | $1,072 |
| 16 | Oro Valley | $1,051 |
| 17 | Surprise | $1,048 |
| 18 | Casa Grande | $1,047 |
| 19 | Catalina Foothills | $1,040 |
| 20 | Yuma | $992 |
| Compare Rates Now Go | ||
Table data uses comparative as the specific geographic location can affect rates considerably.
Insurance rate increases from tickets or accidents
One of the best ways to earn the most affordable car insurance premiums in Arizona for older drivers is to be a good driver and avoid at-fault accidents and violations. The information below highlights how speeding tickets and at-fault fender-benders can drive up premium costs for different categories of driver ages. The rate quotes are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.
The chart shows that the average cost of auto insurance per year with a clean driving record and no accidents is $1,500. Get written up for two speeding tickets and the average cost surges to $2,011, an increase of $510 each year. Now add two accidents along with the two speeding tickets and the annual cost of car insurance for drivers over age 70 jumps again to an average of $3,893. That’s an increase of $2,392, or $199 per month, just for not driving carefully!
Discount Phoenix car insurance rates
Insurers that sell policies for drivers over age 70 may also provide premium discounts that could potentially reduce rates by as much as 40% or more if you qualify. A few popular companies and some of the discounts can be found below.
- State Farm policyholders can earn discounts including multiple policy, Drive Safe & Save, passive restraint, student away at school, Steer Clear safe driver discount, driver’s education, and safe vehicle.
- GEICO may have discounts that include emergency military deployment, multi-vehicle, anti-lock brakes, defensive driver, good student, seat belt use, and anti-theft.
- Liberty Mutual offers premium reductions for multi-policy, teen driver discount, new vehicle discount, multi-car, preferred payment discount, hybrid vehicle, and new move discount.
- The Hartford may include discounts for driver training, good student, vehicle fuel type, air bag, anti-theft, bundle, and defensive driver.
- MetLife has savings for good driver, good student, defensive driver, claim-free, accident-free, and multi-policy.
- Progressive may offer discounts for homeowner, continuous coverage, online signing, online quote discount, multi-policy, and multi-vehicle.
The chart below compares insurance costs with and without discounts applied to the policy rates. The information is based on a male driver, no claims or violations, Arizona state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with defensive driving course, vehicle safety, homeowner, multiple policy, accident-free, and marriage discounts applied. When discounts are applied, theaverage amount saved on car insurance for drivers over age 70 is 28% or $528.
Tips for buying cheaper car insurance for drivers over age 70
Below you’ll find some money-saving ideas that can help you locate cheaper coverage.
- Safe vehicles cost less to insure
- Do not get traffic violations
- Prevent rate increases by staying accident-free
- Higher credit scores may earn you cheaper rates
- Pay less by remaining claim-free
- Compare rates regularly and switch companies to save money
The last tip in the list is incredibly critical, as was pointed out in the article above. Prices in Phoenix adjust often, so don’t hesitate to switch carriers if you can find a cheaper rate. Having brand loyalty is commendable, but is isn’t recommended if that faithfulness ends up costing you potentially thousands of dollars a year. It only take a few minutes to compare prices and find cheaper auto insurance for drivers over age 70.
If you aren’t sure which coverage to buy and prefer to get help from a professional when trying to find the best insurance rates for drivers over age 70, the agencies below can answer your questions and help you decide which policy is best. To find a Phoenix insurance agent close to where you live, click the link at the bottom.
- Allstate Insurance: Christine Yap
9303 N 7th St Ste 5 – Phoenix, AZ 85020 – (602) 371-0581 - Mary Parada – State Farm Insurance Agent
3414 W Bell Rd – Phoenix, AZ 85053 – (602) 942-9202 - LA Insurance Agency
7602 S Central Ave – Phoenix, AZ 85042 – (602) 276-0002