One of the more important considerations that determine the cost of insurance is your address. Areas with high crime rates or more dense population tend to pay more, whereas less populated areas have the gratification of cheaper auto insurance rates.
The following table shows the most costly cities in Arizona for low income drivers in which to buy car insurance. Tucson makes the list at #17 with an annual rate of $1,072 for the average policyholder, which is about $89 per month.
|Rank||City||Average Per Year|
|5||San Tan Valley||$1,161|
|25||Lake Havasu City||$844|
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Table data uses comparative as the specific garaging location can lower or raise premiums greatly.
The type of vehicle you are seeking coverage for is one of the primary factors when shopping around for the most affordable insurance for low income drivers. Vehicles with high performance features, a lack of modern safety features, or a high likelihood of having liability claims will cost more to insure than more economical and safe models. The next list ranks coverage prices for some of the cheaper vehicles to insure.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$1,333|
|Toyota Tacoma 2WD||$1,515|
|Chevrolet Equinox LT AWD||$1,543|
|Toyota RAV4 Limited 4WD||$1,549|
|Chevrolet Malibu LS||$1,543|
|Honda Accord LX 4-Dr Sedan||$1,600|
|Ford Escape XLS 2WD||$1,608|
|Chevrolet Silverado LTZ Crew Cab 4WD||$1,652|
|Ford Fusion SEL 4-Dr Sedan||$1,659|
|Jeep Wrangler Unlimited Sahara 4WD 4-Dr||$1,681|
|Ford F-350 XLT Crew Cab 2WD||$1,712|
|Ford Focus SE 4-Dr Sedan||$1,741|
|Honda Odyssey EX W/Rear Entertainment||$1,748|
|Jeep Grand Cherokee Laredo 4WD||$1,772|
|Nissan Altima 2.5 4-Dr Sedan||$1,781|
|Ford Explorer XLT AWD||$1,795|
|Dodge Ram Crew Cab Sport 4WD||$1,798|
|Honda Civic EX 4-Dr Sedan||$1,831|
|Hyundai Elantra Blue 4-Dr Sedan||$1,836|
|Chevrolet Silverado 2500HD LT Crew Cab 2WD||$1,847|
|Ford Edge SE AWD||$1,857|
|Toyota Camry SE||$1,862|
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Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Table data does not factor in specific zip code location which can influence coverage rates considerably.
Based upon the rates shown, we can expect vehicles like the Honda CR-V, Toyota Tacoma, Chevrolet Equinox, and Toyota RAV4 are most likely to be the cheapest vehicles to insure for poor drivers.
Buying budget insurance is confusing at best, and finding out which companies offer the lowest-priced car insurance rates for low income drivers requires even more perseverance. Each company has a unique approach to establish rates, so to begin we’ll rank the most affordable car insurance companies in Tucson, AZ.
We do need to point out that Tucson car insurance rates are calculated based on many things which can substantially change the policy premium. This price fluctuation is why consumers need to take the time to shop around to find affordable auto insurance quotes for low income drivers. Rates are impacted by many factors and change substantially, so the most economical option two years ago may now be costing you a lot of money.
Best Cheap Insurance Rates in Arizona
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,297|
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The Hartford quotes some of the most affordable car insurance rates in Tucson at around $845 a year. This is $583 less than the average rate paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA are also some of the lowest-priced Tucson, AZ auto insurance companies.
As shown in the rates above, if you are currently insured with Travelers and switched to The Hartford, you could realize annual savings of about $230. Insureds with USAA could save as much as $246 a year, and Progressive customers might realize rate reductions of up to $319 a year.
Remember that these prices are averaged across all types of insureds and vehicles and and are not figured with a vehicle location for low income drivers. So the car insurance company that fits your needs best may not even be in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own personal information and vehicle type.
Get discount Tucson car insurance
Insurance providers that offer quotes for low income drivers may additionally offer premium discounts that may potentially lower prices by 35% or more if you are eligible to receive them. The best car insurance companies and the discounts they provide are shown below.
- The Hartford may offer discounts for driver training, vehicle fuel type, air bag, good student, defensive driver, and anti-theft.
- American Family has discounts for defensive driver, TimeAway discount, air bags, early bird, and good driver.
- Progressive may have discounts that include multi-policy, homeowner, online quote discount, continuous coverage, online signing, and multi-vehicle.
- Travelers offers premium reductions for driver training, save driver, home ownership, multi-policy, and IntelliDrive.
- Farmers Insurance offers discounts for bundle discounts, youthful driver, homeowner, switch companies, good student, early shopping, and teen driver.
- USAA discounts include defensive driver, vehicle storage, new vehicle, good student, military installation, safe driver, and annual mileage.
- Liberty Mutual may include discounts for new move discount, newly married, newly retired, safety features, teen driver discount, and exclusive group savings.
The information below illustrates the comparison of insurance costs with and without discounts applied to the premium. The premiums assume a female driver, a clean driving record, no at-fault accidents, Arizona state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with vehicle safety, homeowner, multiple policy, safe-driver, anti-theft, and multiple vehicle discounts applied. When discounts are applied, the average savings per year on car insurance for low income drivers is 28% or $556.
Price comparison of only insuring for liability
Paying less for car insurance is the goal of most vehicle owners, and one common way to buy cheap insurance for low income drivers is to not buy full coverage. The chart below compares insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The information is based on a clean driving record, no claims, $500 deductibles, marital status is single, and no discounts are taken into consideration.
If we average the cost for all age groups, full coverage costs $1,919 per year over and above liability only. At some point, every insured wonders if buying full coverage is worth the expense. There is no definitive guideline to delete full coverage, but there is a general convention. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
There are some situations where dropping full coverage is not financially feasible. If you still have a lienholder on your title, you must maintain physical damage coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should maintain full coverage.
The example below shows how choosing a deductible can impact insurance costs when quoting cheap insurance for low income drivers. The prices are based on a single female driver, comp and collision included, and no additional discounts are factored in.
A 30-year-old driver could lower their car insurance rates by $272 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $410 by changing to a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could potentially save $602 or more just by choosing higher deductibles when buying full coverage.
If you make the decision to raise deductibles, it is important to have additional funds squirreled away to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Comparing rates can save you money
Tucson car insurance rates are determined by lots of factors which can substantially change the price of coverage. Simply having a birthday, buying a home instead of renting, or getting a speeding ticket can cause premium changes resulting in some companies being cheaper than before.
Not only that, but companies file new Arizona car insurance rates without warning to adjust for gains or losses. Larger than normal claims can result in higher prices, while a better loss history may result in lower-priced Tucson car insurance rates.
For instance, the data below shows the companies that have the cheapest car insurance in Tucson, AZ for a 45-year-old female driver with a clean driving record, no accidents, and a good credit history. If we compare prices based on her current risk factors, The Hartford has the best car insurance rates in Tucson at $1,063 each year. This is $365 less than the average price paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA are the remainder of the most affordable Tucson, AZ auto insurance companies.
In this example, we will give the driver from the first example some claims, less-than-perfect credit, and an imperfect driving record. Because each company has their own unique process for setting rates, comparing rates could now result in a new list of companies as shown below.
GEICO now has the best insurance rate in Tucson, AZ with Ameriprise Group, CSAA, Allied, and Safe Auto also having competitive pricing. This example illustrates why consumers need to take the time to compare rates to find affordable auto insurance quotes for low income drivers. Rates are influenced by many things and can change substantially, so the cheapest option when you bought your policy may now be costing you a lot of money.