The words “low-priced” and “insurance” really shouldn’t be used together, specifically when shopping around for the lowest insurance prices for drivers over age 50. Let’s start off by going over some things the can have a considerable influence on car insurance prices, and come up with some ways to reduce the price of your next policy.
Trying to find cost effective car insurance is difficult, and finding out which companies have the most affordable insurance rates for drivers over age 50 requires even more work. Each company has a proprietary formula for establishing rates, so we’ll take a look at the insurance companies with the most affordable rates in Tucson.
Find the Cheapest Auto Insurance for Age 50+
|Rank||Company||Cost Per Year|
|12||Farm Bureau Mutual||$1,285|
|Find Your Rate Go|
The Hartford generally has some of the most affordable car insurance rates in Tucson at around $845 annually. Auto-Owners, Safeco, USAA, and Travelers also make the cut as some of the more affordable Tucson, AZ auto insurance companies.
As illustrated above, if you currently have a policy with Travelers and switched to Auto-Owners, you might achieve annual savings of about $220. Customers with Progressive could save as much as $242 a year, and GEICO customers might realize rate reductions of up to $243 a year.
Remember that these premium estimates are averages for all ages of drivers and types of vehicles and are not factoring in a vehicle location for drivers over age 50. So the auto insurance company that fits your situation best may not even be in the top 28 companies shown above. That underscores the importance of why you need to compare prices as often as possible using your own driver data and vehicle information.
For older drivers, one of the largest factors that aid in calculating insurance cost is where your car is garaged. Areas with more people or even just a higher incidence of claims likely pay more, whereas areas with lower crime rates and fewer weather claims have the gratification of cheaper auto insurance rates.
The next table ranks the most expensive areas in Arizona for drivers over age 50 in which to buy car insurance. Tucson shows up at #12 having an annual price of $1,105 for the average insurance policy, which is approximately $92 monthly.
|Rank||City||Premium Per Year|
|5||San Tan Valley||$1,150|
|Find the Best Rates Go|
Information shown are approximated as the vehicle garaging location can change coverage prices significantly.
The chart below highlights how deductible selection can influence insurance premiums when searching for cheap insurance for drivers over age 50. The costs are based on a single female driver, comp and collision included, and no discounts are taken into consideration.
The data above shows that a 40-year-old driver could lower rates by $236 a year by increasing from a $100 deductible up to a $500 deductible, or save $358 by changing to a $1,000 deductible. Youthful drivers, like the age 20 example, could potentially save up to $602 or more just by choosing higher deductibles when buying full coverage.
When choosing a higher deductible, it will be important to have additional funds squirreled away to offset the extra out-of-pocket expense that comes with higher deductibles.
Choosing a highly-rated auto insurance provider is difficult considering how many companies there are to choose from in Arizona. The rank data in the next section can help you pick which providers to look at comparing rates from. The ratings below only include companies that insure vehicles across America, so companies without a large exposure will not be included in this list.
Top 10 Major Auto Insurance Providers in Tucson Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Major Auto Insurance Providers in Tucson Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
- Liberty Mutual – 88%
Tips for buying budget-friendly car insurance for drivers over age 50
The list below summarizes some of the better thrifty solutions that can help Tucson drivers get cheap coverage.
- Buy a safer vehicle
- Staying accident-free helps keep rates low
- Higher credit scores can equal lower rates
- Do not pay for full coverage if not needed
- Save money by bundling your home and auto policies
- Shop around for cheaper prices often
The final tip is particularly vital, as was affirmed in the article above. Prices charged by auto insurers change constantly, so drivers shouldn’t hesitate to buy from a different company if a cheaper price is available.
Brand loyalty is great, but is isn’t recommended if that inflexibility results in costing you potentially thousands of dollars a year. Take a couple minutes and compare prices and find cheaper car insurance for drivers over age 50 in Tucson.
If you have coverage questions and would like to get some professional input when comparing insurance rates for older drivers, the insurance agencies below can most likely answer your questions and help you decide which coverage fits your budget.
To locate a Tucson auto insurance agent close to you, click the button link following the list.
- Noreen Lawlor – State Farm Insurance Agent
8925 E Golf Links Rd – Tucson, AZ 85730 – (520) 722-7488
- GEICO Insurance Agent
3255 E Speedway Blvd – Tucson, AZ 85716 – (520) 747-4223
- AZ Insurance Center
8880 E Speedway Blvd #101 – Tucson, AZ 85710 – (520) 722-0665