Best Cheap Auto Insurance for Drivers with Bad Credit in Arizona

Figuring out which insurers offer the cheapest insurance rates for drivers with bad credit will require more work in order to find the best price.

Every insurance company uses a different method to set their prices, so let’s take a look at the insurance companies that tend to be cheaper in Arizona. It’s important that you understand Arizona insurance rates are impacted by many things which can substantially change the policy premium. Simply improving your credit, increasing liability limits, or getting a few speeding tickets can trigger changes in premium that can now make some companies more affordable than competitors.

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The Hartford quotes some of the best car insurance rates in Arizona at around $811 each year. Auto-Owners, Safeco, USAA, and Travelers also make the cut as some of the lowest-priced Arizona car insurance companies.

In the above rates, if you buy coverage from USAA and switched to The Hartford, you might achieve annual savings of around $269. Insureds with Travelers could save as much as $308 a year, and Progressive customers might cut rates by $341 a year.

Understand that those premium estimates are averaged for all ages of drivers and types of vehicles and do not take into consideration a price increase for drivers with bad credit. So the insurer that fits your age and vehicle best may not even be shown in the above rate chart. That’s why you need to get auto insurance quotes using your own driver and vehicle profiles.

The car, truck, or SUV you are seeking coverage for is a large factor when comparing the lowest-priced coverage for drivers with bad credit. Vehicles with high performance engines, poor passenger safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than safer, lower-performance models.

The next list outlines coverage prices for the most budget-friendly vehicles to insure in Arizona.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Table data does not factor in vehicle garaging location which can change rates greatly.

Looking at the data, models like the Ford Escape, Honda Odyssey, Dodge Grand Caravan, Honda CR-V, and Hyundai Elantra are most likely to be the cheapest vehicles to insure for people with poor credit. Rates will tend to be more expensive because there is more claim exposure for drivers with bad credit, but generally speaking those makes and models will probably have the lowest insurance rates that you are likely to find.

Tickets and at-fault accidents raise rates

The easiest method to enjoy the best cheap auto insurance for drivers with bad credit in Arizona is to be an attentive driver and avoid accidents and violations. The example below demonstrates how speeding tickets and at-fault accidents can increase auto insurance costs for different age groups. The premium estimates are based on a married male driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.

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In the previous example, the average cost of auto insurance in Arizona per year with a clean driving record and no accidents is $1,605. Receive two speeding tickets and the average cost jumps to $2,212, an increase of $607 each year. Now add two accidents along with the two speeding tickets and the annual cost of insurance for drivers with bad credit goes up to an average of $4,601. That’s an increase of $2,996, or $250 per month, just for not being attentive to the road!

Which auto insurance company is best?

When comparing car insurance for people with poor credit in Arizona, four of the best places to start are State Farm, Allstate, Geico, and Progressive. The table below compares and contrasts some of the ratings and options that are available.

How to find the cheapest car insurance for drivers with bad credit

Lowering your rates is not difficult, and here are a few money-saving ideas that can help you quote low-cost coverage.

• Drivers with good credit ratings often pay less
• Do not get tickets or violations
• Raise physical damage deductibles
• Prevent rate increases by staying accident-free
• Save money by insuring your home and auto with the same company
• Try to pay small claims out-of-pocket
• Shop around and save

That last tip is highly significant, as we noted in the prior information. Auto insurance rates in Arizona can be modified anytime, so you should be ready to buy from a different company if you can find a cheaper rate. Brand loyalty is not necessarily bad, but it’s not recommended if that inflexibility results in costing you several hundred dollars every year. It only take a few minutes to compare rates to find cheaper insurance for drivers with bad credit.