The words “affordable” and “insurance” probably shouldn’t be used together, in particular when shopping around for the best car insurance for electric cars. Because it’s not cheap, let’s take a look at a few of the factors that determine auto insurance premiums, and come up with some ways to take the bite out of the next policy you buy.
The vehicle model requiring insurance is a large factor when trying to find economical coverage for electric cars. Vehicles with lower acceleration and performance, excellent safety ratings, or a low likelihood of liability claims will cost less to insure than high performance models.
The next list shows auto insurance costs for some of the most budget-friendly vehicles to insure.
Vehicle Insured | Estimated Cost for Full Coverage |
---|---|
Ford Escape XLT 4WD | $725 |
Hyundai Tucson GLS 2WD | $768 |
Honda CR-V LX 2WD | $809 |
Toyota RAV4 2WD | $834 |
Ford Focus SES 4-Dr Sedan | $867 |
Honda Accord LX 4-Dr Sedan | $877 |
Ford Edge Sport AWD | $884 |
Chevrolet Impala LTZ | $890 |
Hyundai Elantra SE 4-Dr Sedan | $884 |
Kia Forte LX 4-Dr Sedan | $899 |
Toyota Sienna Limited AWD | $902 |
Jeep Grand Cherokee SRT-8 4WD | $909 |
Toyota Highlander SE 4WD | $922 |
Toyota Tacoma 2WD | $936 |
Jeep Wrangler Unlimited Sport 2WD 4-Dr | $940 |
Ford F-150 STX Regular Cab 2WD | $942 |
Chevrolet Malibu LS | $956 |
Find Cheaper Rates Go |
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Premium amounts do not factor in specific location which can raise or lower coverage prices greatly.
Based on these rates, you can see that cars like the Ford Escape, Hyundai Tucson, Honda CR-V, and Toyota RAV4 are a few of the cheapest vehicles to insure for eco-friendly vehicles.
One of the more important considerations that control car insurance rates is where you keep your vehicle. Cities with more crime and/or more people like Phoenix, Glendale, and Scottsdale will most likely have higher rates, whereas areas with less traffic congestion and claims have the benefit of the cheapest insurance for electric cars in Arizona.
The next table illustrates the priciest cities in Arizona for electric cars to purchase a policy in.
Rank | City | Premium Per Year |
---|---|---|
1 | Phoenix | $1,231 |
2 | Avondale | $1,222 |
3 | Glendale | $1,214 |
4 | San Tan Valley | $1,196 |
5 | Scottsdale | $1,151 |
6 | Tempe | $1,140 |
7 | Goodyear | $1,120 |
8 | Gilbert | $1,120 |
9 | Mesa | $1,113 |
10 | Buckeye | $1,110 |
11 | Maricopa | $1,107 |
12 | Tucson | $1,094 |
13 | Peoria | $1,093 |
14 | Chandler | $1,093 |
15 | Casa Grande | $1,089 |
16 | Surprise | $1,058 |
17 | Catalina Foothills | $1,050 |
18 | Casas Adobes | $1,040 |
19 | Oro Valley | $1,031 |
20 | Yuma | $983 |
21 | Flagstaff | $969 |
22 | Prescott | $942 |
23 | Sierra Vista | $899 |
24 | Bullhead City | $878 |
25 | Lake Havasu City | $870 |
Start a Quote Go |
Rate quotes are estimated as the garaging address in Arizona can change rates substantially.
Determining which company quotes the lowest-priced car insurance rates for electric cars involves more time in order to find the most economical policy. Each insurer has their own unique process to set premium rates, so to begin we’ll rank the lowest cost car insurance companies in Arizona.
Keep in mind that Arizona car insurance rates are impacted by many factors which can significantly increase or decrease the policy price. Simply turning a year older, adding a teenager to your policy, or getting a driving violation can trigger changes in premium that can cause some rates to be cheaper than others.
Find Cheaper Car Insurance for EV’s
Rank | Company | Cost Per Year |
---|---|---|
1 | The Hartford | $811 |
2 | Auto-Owners | $888 |
3 | Safeco | $896 |
4 | Travelers | $1,108 |
5 | USAA | $1,113 |
6 | Progressive | $1,152 |
7 | GEICO | $1,166 |
8 | Ameriprise Group | $1,184 |
9 | CSAA | $1,189 |
10 | Allied | $1,209 |
11 | Safe Auto | $1,284 |
12 | Farm Bureau Mutual | $1,285 |
13 | Unitrin | $1,303 |
14 | State Farm | $1,377 |
15 | Farmers | $1,378 |
16 | Titan | $1,418 |
17 | American Family | $1,420 |
18 | Amica | $1,473 |
19 | California Casualty | $1,522 |
20 | MetLife | $1,551 |
Find Cheaper Rates Go |
The Hartford offers some of the cheapest car insurance rates in Arizona at around $811 per year. Auto-Owners, Safeco, Travelers, and USAA also rank well as some of the best Arizona auto insurance companies.
In the rate table above, if you are a customer of Auto-Owners and switched to The Hartford, you might see yearly savings of approxmiately $77. Drivers with Safeco could save as much as $85 a year, and Travelers customers might realize rate reductions of up to $297 a year.
If you would like to find the cheapest insurance for electric cars in Arizona, click here to start a quote or visit any of the low-priced companies below.
It’s important to note that these prices are averages across all types of insureds and vehicles and and are not calculated with a price decrease for electric cars. So the auto insurance company that fits you best may not even be included in the rate chart shown above. That’s why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.
Buying coverage from a high-quality insurer is hard considering how many companies there are in Arizona. The company information listed below can help you analyze which companies to look at comparing rates from. These ratings are only comprised of companies who write in the majority of U.S. states, so companies that have a smaller presence will not be included in the list.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
American Family | 98 | 89 | 100 | 86% | A | 95.4 |
State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
The General | 89 | 91 | 89 | 88% | A- | 90 |
Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
Compare Rates Now Go |
Data Source: Insure.com Best Car Insurance Companies
The list below summarizes some of the better penny-pinching suggestions that can help Arizona drivers find cheap coverage.
That last piece of advice is remarkably important, as was noted in the prior article. Prices charged by companies in Arizona can change significantly in a year, so drivers shouldn’t be resistant to buy from a new company if a more affordable rate is found.
Loyalty to a specific company is fine, but it’s not a good idea if that stubbornness costs you thousands of dollars over several years. Take a few minutes and shop around and find cheaper car insurance for electric cars.