The type of vehicle you are seeking coverage for is one of the biggest factors that determines whether or not you find economical auto insurance for drivers under 21. Vehicles with lower acceleration and performance, an excellent safety record, or a low likelihood of liability claims will cost quite a bit less to insure than higher performance models. The list below ranks car insurance premiums for the most cost-effective vehicles to insure in Arizona.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda Accord EX 4-Dr Sedan||$3,787|
|Ford Escape XLT 2WD||$3,797|
|Honda CR-V EX 4WD||$3,831|
|Ford F-150 XL Super Cab 2WD||$4,195|
|Chevrolet Silverado LS Regular Cab 4WD||$4,200|
|Chevrolet Impala LS||$4,452|
|Toyota Tacoma Double Cab 4WD||$4,496|
|Toyota RAV4 Limited 4WD||$4,501|
|Chevrolet Malibu LS||$4,496|
|Jeep Grand Cherokee Laredo 4WD||$4,505|
|Dodge Grand Caravan SXT||$4,537|
|Ford Explorer Limited AWD||$4,544|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$4,537|
|Ford Focus SEL 4-Dr Sedan||$4,706|
|Nissan Altima 2.5 S 4-Dr Sedan||$4,749|
|Toyota Camry XLE||$4,759|
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Data rating is based on single female driver age 18, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in zip code location which can raise or lower price quotes substantially.
Based upon the table data, you can presume that models like the Honda Accord, Ford Escape, and Honda CR-V are most likely to be some of the less-costly vehicles to insure for minors. Auto insurance rates will be higher anyway because there is a higher risk for drivers under 21, but in general those makes and models will tend to have the lowest insurance prices available.
Determining which companies have the lowest-priced auto insurance rates for drivers under 21 takes more time in order to find the lowest price.
Every insurance provider has their own guidelines for establishing rates, so to begin we’ll rank the most budget-friendly auto insurance companies in Tucson, AZ. We do need to point out that Arizona auto insurance rates are influenced by many factors which can substantially decrease or increase the price you pay. Simply turning a year older, adding a teenager to your policy, or getting a speeding ticket can produce rate changes that can make some companies more affordable than before.
Find Cheaper Car Insurance for Minors
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,285|
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The Hartford quotes some of the best car insurance rates in Tucson at around $811 a year. This is $617 less than the average rate paid by Arizona drivers of $1,428. Auto-Owners, Safeco, USAA, and Travelers also rank well as some of the best Tucson, AZ auto insurance companies.
As the example above demonstrates, if you have coverage with Travelers and switched to Auto-Owners, you may see a yearly price reduction of in the neighborhood of $211. Arizona drivers with Progressive may save as much as $255 a year, and GEICO policyholders might lower prices by up to $280 a year.
To get a quick, customized rate comparison, click here to start your free quote or visit any of the companies below.
Be aware that those policy rates are averaged for all types of drivers and the different vehicles they drive and and are not figured with a vehicle location for drivers under 21. So the insurer that can offer the best rates for your situation may not even be in the top 28 companies in the list above. That is why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.
For minors, one of the largest things that are looked at to help calculate the annual cost of car insurance is where you normally keep your vehicle in Tucson. Areas with more people or higher crime rates are more likely to pay higher prices, whereas areas with less crime or weather claims tend to receive slightly lower rates.
The table below sorts the most expensive cities in Arizona for drivers under 21 to buy an auto insurance policy in. Tucson is listed at #15 with an annual premium of $1,072 for the average insured, which is about $89 monthly.
|4||San Tan Valley||$1,161|
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Prices are estimated as vehicle location can change insurance rates greatly.
The chart below highlights how deductible selection can increase or decrease insurance costs when getting quotes for cheap insurance for drivers under 21. The rates are based on a married male driver, comp and collision included, and no policy discounts are applied.
The chart above illustrates that a 40-year-old driver could reduce rates by $282 a year by increasing from a $100 deductible up to a $500 deductible, or save $424 by choosing a $1,000 deductible. Young drivers, like the age 20 example, could drop their prices as much as $950 each year by using a higher deductible.
If you do make the decision to raise your deductibles, it is a good idea to have additional funds in a savings account to be able to cover the extra out-of-pocket expense that comes with higher deductibles.
Difference between liability only and full coverage rates
Saving on auto insurance is important to most people, and one common way to find cheaper insurance for drivers under 21 is to not pay for full coverage. The example below illustrates the comparison of insurance prices with and without full coverage. The price estimates are based on no claims or driving violations, $100 deductibles, drivers are not married, and no other discounts are factored in.
If we average the cost for ages 20 through 70, comprehensive and collision coverage on your policy costs an additional $1,722 per year more than just buying liability only. At some point, every insured wonders when is the right time to remove full coverage. There is no set guideline for dropping full coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your vehicle’s replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $2,000 after the deductible is paid. If you are paying over $200 annually to have full coverage, then you might want to consider buying only liability coverage.
Tips for finding cheaper insurance for drivers under 21
The list below shows some of the recommended money-saving solutions that can help you get lower-cost car insurance.
- Having at-fault accidents will increase rates
- Violations like speeding or DUI increase rates
- Pay for smaller claims out-of-pocket
- Home or renters coverage can save on auto insurance
- Vehicles with good safety ratings are usually cheaper to insure
- Compare prices frequently to find the best deal
The last item on the list is certainly crucial, as was affirmed in this article. Prices change a lot, so don’t be afraid to buy a different policy if a more affordable price is available.
We understand brand loyalty, but we do not recommend it if it’s costing you a small fortune. It only take a few minutes to compare rates to find cheaper car insurance for drivers under 21 in Tucson.
If you like to have professional advice when comparing insurance rates for minors, the insurance agencies listed below can provide answers to your questions and help you determine which auto insurance policy fits you best.
To find a Tucson insurance agent in your neighborhood, click the button link following the list or click here to compare price quotes now.
10501 E Seven Generations Way #103 – Tucson, AZ 85747 – (520) 751-0502
American Family Insurance – Thom Wadlund
4500 E Grant Rd Ste A – Tucson, AZ 85712 – (520) 318-0734
Gene Molina – State Farm Insurance Agent
2160 W Holladay St – Tucson, AZ 85746 – (520) 883-1500