For teen boys, one of the more important components that are looked at to determine the annual cost of car insurance is where you live. Cities with more crime and/or more people will most likely pay more, whereas areas with less crime or weather claims benefit from having to pay less for coverage.
The next table rates the priciest cities in Arizona for teenage males in which to purchase auto insurance. Phoenix is listed at #1 with a yearly cost of $1,255 for the average policyholder, which is around $105 monthly.
|Rank||City||Average Per Year|
|2||San Tan Valley||$1,196|
|25||Lake Havasu City||$844|
|Find the Best Rates Go|
Rate information is comparative as the garaging address in Phoenix can modify rates greatly.
The vehicle you are buying coverage for is probably the largest consideration when comparison shopping for the cheapest insurance for teenage males. Vehicles with limited top-end speed, advanced safety features, or low incidents of liability claims will cost substantially less to insure than adrenaline junky models. The next list features insurance prices for a selection of the most affordable automobiles to insure in Arizona.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$7,714|
|Ford Escape XLT 4WD||$7,786|
|Ford Explorer XLT 4WD||$8,672|
|Ford F-150 XL Regular Cab 4WD||$8,677|
|Chevrolet Impala LS||$9,073|
|Volkswagen Jetta S 4-Dr Sedan||$9,145|
|Dodge Grand Caravan Hero||$9,153|
|Toyota RAV4 Limited 4WD||$9,145|
|Chevrolet Malibu Hybrid||$9,150|
|Chevrolet Silverado LS Extended Cab 4WD||$9,145|
|Jeep Grand Cherokee Laredo 4WD||$9,152|
|Toyota Tacoma Double Cab 4WD||$9,219|
|Ford Focus SEL 4-Dr Sedan||$9,546|
|Honda Civic EX 4-Dr Sedan||$9,552|
|Hyundai Elantra Blue 4-Dr Sedan||$9,546|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$9,612|
|Get a Custom Quote Go|
Data based on single male 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 quotes do not factor in zip code location which can alter premium rates noticeably.
Based upon the rates shown, you can conclude that vehicles like the Honda CR-V, Ford Escape, and Toyota Prius are most likely to be the most affordable vehicles to insure for teen boys. The price for an auto insurance policy will trend higher because there is more liability exposure for teenage males, but in general those vehicles will tend to have the least expensive rates that you are likely to find.
The illustration below demonstrates how deductible levels can change insurance rates when researching cheap insurance for teenage males. The prices are based on a married male driver, full coverage, and no discounts are applied.
A 30-year-old driver could cut expenses by $276 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $418 by choosing a $1,000 deductible. Younger drivers, such as the 20-year-old example, could potentially save $834 every year by choosing a higher deductible.
If you do decide to increase your deductibles, it will be necessary to have plenty of savings on hand to be able to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Get discounts on Phoenix insurance rates
Auto insurance companies that provide policies for teenage males may also give you policy discounts that can lower rates by 35% or more if you meet the requirements. A few popular companies and some of the premium reductions they offer are outlined below.
- Esurance has savings for multi-policy, Switch & Save, good student, online shopper, and good driver.
- The Hartford discounts include good student, bundle, air bag, anti-theft, defensive driver, and driver training.
- AAA policyholders can earn discounts including pay-in-full, anti-theft, AAA membership discount, multi-car, good student, and good driver.
- GEICO may have discounts that include multi-vehicle, membership and employees, emergency military deployment, military active duty, anti-lock brakes, and defensive driver.
- State Farm has discounts for good driver, safe vehicle, passive restraint, Drive Safe & Save, driver’s education, and defensive driving training.
The chart below compares insurance premiums with and without discounts applied to the premium. The price estimates are based on a male driver, no claims or driving citations, Arizona state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with anti-theft, good student, vehicle safety, continuous coverage, paperless filing, and passive restraint discounts applied. When taking advantage of discounts, theamount saved on auto insurance for teenage males is 28% or $623.
Your cheap policy may actually be overpriced
Phoenix auto insurance rates are based on many factors which can substantially change the policy price. Simply having another birthday, buying a different home, or getting a DUI can trigger changes in premium that may make certain companies more affordable than competitors. In addition, companies change rates as often as every quarter in order to be able to pay unexpected claims. Significantly higher claims can result in rate hikes, while long-term profits may cause more affordable Phoenix car insurance rates.
The chart below demonstrates which company has the cheapest car insurance in Phoenix, AZ for a 30-year-old male driver with a clear driving record, no claims, and good credit. Based on his current rating profile, The Hartford has the best car insurance rates in Phoenix at $1,219 each year. This is $209 less than the average price paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA round out the rest of the cheapest Phoenix, AZ auto insurance companies.
In this example, we will give the driver from above a claim, less-than-perfect credit, and a couple of points charged on his driving record. Because every insurance company uses their own calculation to set policy rates, getting updated rate quotes may now show a substantially altered list of companies as shown below.
GEICO now has the cheapest rate in Phoenix with Ameriprise Group, Auto-Owners, CSAA, and Safeco also having competitive pricing. This example shows why it is critical to perform a complete rate comparison to find the most economical auto insurance quotes for teenage males.
Car insurance prices are calculated by many things and can increase or decrease at any time, so the cheapest rate the last time you shopped your coverage around may now be wasting a lot of money.