Finding good, low-cost auto insurance is hard enough, and determining which company has the lowest-priced car insurance rates for Uber drivers may require a bit more work. Each insurer has a unique approach for determining rates in each state, so we’ll go over the lowest cost car insurance companies in Arizona.
It’s important that you understand Phoenix car insurance rates are impacted by many factors which can significantly increase or decrease the policy price. This price variability is why it is so important to compare lots of rates to find affordable insurance rates for Uber drivers. Prices can be determined by many things and change dramatically, so the most economical company when you bought your policy may now be one of the higher cost companies.
Cheapest Insurance Rates for Your Uber Vehicle
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,247|
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The Hartford may have some of the best car insurance rates in Phoenix at around $845 each year. Auto-Owners, Safeco, USAA, and Progressive also make the cut as some of the cheaper Phoenix, AZ insurance companies.
As shown in the rates above, if you currently have coverage with Auto-Owners and switched to The Hartford, you could realize a yearly savings of in the neighborhood of $52. Insureds with Safeco could save as much as $60 a year, and USAA customers might lower prices by up to $235 a year.
Understand that those premium estimates are averages for all types of drivers and the different vehicles they drive and are not factoring in an exact vehicle garaging location for Uber drivers. So the company that is best suited for you may not even be in the top 28 companies shown above. That’s why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.
One of the many considerations that are looked at to determine insurance cost is where you normally keep your vehicle. Areas with more people or even just a higher incidence of claims will most likely pay more, whereas areas with less crime or weather claims have the benefit of cheaper auto insurance prices.
The information below rates the most expensive cities in Arizona for Uber drivers to purchase a policy in. Phoenix is ranked at #1 with the yearly price of $1,231 for the average policy, which is about $103 monthly.
|Rank||City||Premium Per Year|
|3||San Tan Valley||$1,196|
|25||Lake Havasu City||$852|
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Annual rates are estimated as the garaging address in Phoenix can impact insurance rates significantly.
The type of vehicle you are insuring is one of the largest factors in finding the most economical insurance for Uber drivers. Vehicles with limited top-end speed, a plethora of safety features, or a track record of few liability claims will cost less to insure than fast, unsafe models.
The list below ranks car insurance costs for a selection of the most affordable vehicles to buy insurance for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$1,609|
|Volkswagen Jetta S 2.5 Station Wagon||$1,744|
|Toyota Tacoma 4WD||$1,805|
|Honda Accord LX-P 4-Dr Sedan||$1,845|
|Ford Edge SEL AWD||$1,865|
|Honda Civic DX 4-Dr Sedan||$1,873|
|Chevrolet Malibu LT||$1,937|
|Ford Focus SEL 4-Dr Sedan||$1,963|
|Honda CR-V LX 2WD||$1,972|
|Honda Odyssey EX-L W/Navigation||$2,001|
|GMC Sierra 2500HD SLE Extended Cab 4WD||$2,035|
|Toyota Corolla XRS||$2,045|
|Jeep Grand Cherokee Limited 2WD||$2,035|
|Ford Fusion SE 4-Dr Sedan||$2,040|
|Ford F-150 XL Regular Cab 2WD||$2,038|
|GMC Sierra 3500HD SLT Extended Cab 2WD||$2,072|
|Compare Cheap Rates Go|
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium amounts do not factor in Phoenix, AZ location which can influence rates substantially.
Looking at the data, you can infer that makes and models like the Ford Escape, Volkswagen Jetta, Toyota Prius, Toyota Tacoma, and Honda Accord are the most affordable vehicles to insure for Uber vehicles.
Safe drivers Phoenix pay cheaper rates
A great way to obtain cheap car insurance prices in Phoenix for Uber vehicles is to be an attentive driver and avoid accidents and traffic citations. The diagram below illustrates how speeding tickets and at-fault fender-benders can raise insurance costs for each age group. The costs are based on a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no policy discounts are applied.
In the previous chart, the average cost of car insurance in Phoenix per year with a clean driving record and no accidents is $1,263. Get two speeding tickets and the average cost hikes up to $1,660, an increase of $397 each year. Now throw in one accident along with the two speeding tickets and the yearly cost of car insurance for Uber drivers jumps again to an average of $2,064. That’s an increase of $802, or $67 per month, just for being a little careless behind the wheel!
Discount Phoenix car insurance rates
Car insurance companies that provide policies for Uber drivers may also give you price discounts that may potentially lower prices by as much as 25% or more if you qualify. A list of companies and some of the premium reductions they offer are:
- Progressive has discounts for multi-vehicle, multi-policy, homeowner, continuous coverage, online signing, and online quote discount.
- The Hartford may include discounts for good student, bundle, vehicle fuel type, defensive driver, air bag, anti-theft, and driver training.
- Mercury Insurance includes discounts for accident-free, good student, annual mileage, age of vehicle, location of vehicle, and multi-car.
- GEICO offers discounts including defensive driver, five-year accident-free, daytime running lights, membership and employees, multi-vehicle, emergency military deployment, and seat belt use.
- AAA may have discounts that include pay-in-full, education and occupation, good driver, AAA membership discount, good student, and anti-theft.
- State Farm offers discounts for multiple autos, passive restraint, multiple policy, student away at school, anti-theft, and defensive driving training.
The illustration below shows the comparison of car insurance rates with and without some available policy discounts. The data assumes a female driver, no tickets, no at-fault accidents, Arizona state minimum liability limits, full coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with anti-theft, marriage, vehicle safety, defensive driving course, passive restraint, and claim-free discounts applied. In this example, theaverage yearly reduction on car insurance for Uber drivers is 28% or $335.
If you would rather have a professional recommendation when comparing insurance rates for Uber drivers, the agencies below can provide answers to your questions and help you determine which coverages you need.
To find an auto insurance agency by location nearest to you, click the button following the list.
Allstate Insurance: David Vasquez
4151 W Bethany Home Rd a – Phoenix, AZ 85019 – (602) 841-1421
Allstate Insurance: Christine Yap
9303 N 7th St Ste 5 – Phoenix, AZ 85020 – (602) 371-0581
John Abercrombie III – State Farm Insurance Agent
7207 N 7th St – Phoenix, AZ 85020 – (602) 906-0299
Jan McDaniel – State Farm Insurance Agent
4030 E Bell Rd #112 – Phoenix, AZ 85032 – (602) 266-2050
Douglas Cheung – State Farm Insurance Agent
2600 N 44th St #110 – Phoenix, AZ 85008 – (602) 840-6655
How to find more affordable car insurance for Uber drivers
The list below shows some money-saving suggestions that can help Phoenix drivers locate lower-cost coverage.
- Drive a car with a high safety rating
- Increase your deductibles
- Drivers with good credit often pay less
- Don’t have frequent claims
- Full coverage may not be needed on older vehicles
- Buying home and auto insurance together can earn discounts
- Compare price quotes at least once a year
That last idea is very critical, as we noted in the prior article. Rates fluctuate constantly, so don’t be tentative to switch carriers if a cheaper price is available.
Being loyal to a particular company is commendable, but it isn’t a good idea if that faithfulness ends up costing you money that could be spent on other things. If you have a few minutes, now is a great time to compare prices to find cheaper auto insurance for Uber drivers in Phoenix.