In Phoenix, Mercury, Root Insurance Company and Travelers are the top three most affordable car insurance providers. Rates vary based on your driving history and the type of coverage you choose. The table below includes a breakdown of costs for common driver profiles, highlighting which company offers the best rates for each.
Cheapest Car Insurance in Phoenix, AZ
Updated: December 22, 2024
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Key Takeaways
The cheapest car insurance companies in Phoenix are Mercury, Progressive, Travelers, State Farm and Root Insurance Company.
The lowest average monthly rates for car insurance in Phoenix are $43 for minimum coverage and $92 for full coverage.
On average, car insurance costs $77 per month for minimum coverage and $151 for full coverage in Phoenix.
Why Trust MoneyGeek? MoneyGeek analyzed car insurance companies using data collected from the Arizona Department of Insurance and Quadrant Information Services. Learn more.
Cheapest Car Insurance Rates and Companies in Phoenix
| Mercury | Minimum Coverage | $43 |
| Root Insurance Company | Full Coverage | $92 |
| Travelers | Teens | $168 |
| Travelers | Young Adults | $57 |
| Mercury | Senior Drivers | $46 |
| Mercury | Drivers With Bad Credit | $61 |
| Travelers | Drivers With a Speeding Ticket | $64 |
| Progressive | Drivers With a DUI | $62 |
| Travelers | Drivers With an Accident | $68 |
| Mercury | Military Affiliated Drivers | $43 |
Cheapest Car Insurance Coverage in Phoenix
Finding the cheapest car insurance in Phoenix means comparing rates from various providers. Consider how age, driving history, vehicle type and coverage needs impact your premium. While the cheapest car insurance company in Arizona may not offer the cheapest rates in Phoenix, getting car insurance quotes from multiple providers can help you find affordable coverage tailored to your needs.
Cheapest Minimum Coverage Car Insurance in Phoenix
Mercury offers the most affordable minimum coverage in Phoenix at $43 per month, with Progressive close behind at $56 per month. Check the table below to explore more providers offering great rates for minimum coverage in the city.
| Mercury | $43 | $34 |
| Progressive | $56 | $21 |
| Travelers | $59 | $18 |
| State Farm | $62 | $15 |
| Root Insurance Company | $63 | $14 |
| GEICO | $64 | $13 |
| Allstate | $71 | $6 |
| Auto-Owners Insurance Co | $72 | $5 |
| Country Financial | $75 | $2 |
| Farmers | $76 | $1 |
| Iowa Farm Bureau | $76 | $1 |
Cheapest Full Coverage Car Insurance in Phoenix
Root Insurance Company offers the cheapest full coverage car insurance in Phoenix at $1,100 per year. Check the table below to see different providers offering the best rates for full car insurance coverage.
| Root Insurance Company | $92 | $59 |
| Travelers | $108 | $43 |
| Progressive | $111 | $40 |
| GEICO | $121 | $30 |
| Mercury | $123 | $28 |
| State Farm | $127 | $24 |
| Auto-Owners Insurance Co | $138 | $13 |
| Farmers | $140 | $11 |
| Hartford | $141 | $10 |
| Allstate | $141 | $9 |
| Iowa Farm Bureau | $143 | $8 |
Cheapest Car Insurance in Phoenix by Age
In Phoenix, your age can change your car insurance costs. Young drivers often pay more as they don't have much driving experience. Over time, rates drop, but they can tick up after 70. Explore the most affordable insurers for teens, young adults and seniors in the table below.
Cheapest Car Insurance in Phoenix for Teens
For teens living in Phoenix, the cheapest car insurance is available from GEICO and Travelers. Check the table below for the lowest rates on minimum coverage for this age group in the city.
| Travelers | $168 | $108 | $261 | $204 |
| GEICO | $206 | $70 | $299 | $165 |
Cheapest Car Insurance in Phoenix for Young Adults
Travelers offers the cheapest car insurance for young adults in Phoenix at $681 annually, which is 41% lower than the city average. Other affordable options include Mercury at $763, Root Insurance Company at $764 and Progressive at $803.
| Travelers | $57 | $39 |
| Mercury | $64 | $33 |
| Root Insurance Company | $64 | $32 |
| Progressive | $67 | $29 |
| State Farm | $76 | $20 |
| Country Financial | $77 | $19 |
| GEICO | $81 | $15 |
| Allstate | $81 | $15 |
| Farmers | $93 | $3 |
| Iowa Farm Bureau | $94 | $2 |
Cheapest Car Insurance in Phoenix for Seniors
Mercury offers the cheapest car insurance for seniors in Phoenix with an annual rate of $549. Check the table below to explore options from other providers and find the best rates for senior drivers.
| Mercury | $46 | $31 |
| Travelers | $54 | $23 |
| Progressive | $57 | $20 |
| State Farm | $58 | $19 |
| Country Financial | $66 | $11 |
| Root Insurance Company | $68 | $9 |
| Auto-Owners Insurance Co | $70 | $7 |
| GEICO | $71 | $7 |
| Hartford | $71 | $6 |
| Iowa Farm Bureau | $72 | $5 |
Cheapest Car Insurance in Phoenix for Drivers With Bad Credit
A poor credit-based insurance score may lead to higher premiums compared to those with better scores. Mercury offers cheap car insurance for drivers with bad credit in Phoenix at a rate of $733 per year, while Travelers comes in at $821 per year. Review the table below for more options from other providers.
| Mercury | $61 | $126 |
| Travelers | $68 | $118 |
| Root Insurance Company | $80 | $106 |
| Progressive | $82 | $104 |
| Country Financial | $92 | $95 |
| GEICO | $100 | $87 |
| Nationwide | $101 | $85 |
| Farmers | $111 | $76 |
| Allstate | $118 | $68 |
| Iowa Farm Bureau | $136 | $50 |
| Hartford | $140 | $47 |
HOW TO LOWER YOUR RATE WITH BAD CREDIT
Even with poor credit, drivers can lower car insurance costs by using common discounts and bundling different insurance policies. Compare personalized quotes from multiple companies to find the best deal. Improving your credit over time can also help reduce rates.
Cheapest Car Insurance in Phoenix After a Driving Offense
Insurance providers assess risk when calculating car insurance premiums, and your driving record plays a key role. Violations like speeding tickets, accidents or DUIs can significantly raise your rates. Even the cheapest car insurance for drivers with violations will be more expensive than for those with clean records. We've broken down affordable providers so you can find cheap car insurance after an accident and for other driving offenses.
Cheapest Car Insurance in Phoenix After a DUI
Drivers in Phoenix with a DUI can still find affordable car insurance. Progressive offers the cheapest minimum coverage at $750 annually for these drivers. Check the table below to explore options from other providers and find the best rates for drivers with a DUI in Phoenix.
| Progressive | $62 | $64 |
| Travelers | $70 | $57 |
| Mercury | $70 | $56 |
| Root Insurance Company | $71 | $56 |
| State Farm | $71 | $56 |
| Country Financial | $102 | $25 |
| Farmers | $109 | $18 |
| Hartford | $118 | $8 |
Cheapest Car Insurance in Phoenix After an Accident
Travelers offers the most affordable minimum coverage car insurance for drivers in Phoenix with an at-fault accident at $818 annually. Check the table below to explore options from other providers and find the best car insurance company for those with an accident on their record.
| Travelers | $68 | $50 |
| State Farm | $78 | $40 |
| Root Insurance Company | $80 | $39 |
| Country Financial | $82 | $36 |
| Progressive | $85 | $33 |
| GEICO | $100 | $18 |
| Mercury | $104 | $14 |
| Auto-Owners Insurance Co | $112 | $7 |
| Allstate | $115 | $3 |
Cheapest Car Insurance in Phoenix After a Ticket
Travelers offers the most affordable car insurance for drivers in Phoenix with a speeding record at $764 annually. State Farm follows with an annual rate of $853. Check the table below to explore options from other providers and find the best car insurance company with the most affordable rates.
| Auto-Owners Insurance Co | $72 | $25 |
| Travelers | $64 | $34 |
| State Farm | $71 | $26 |
| Progressive | $72 | $25 |
| Mercury | $76 | $22 |
| GEICO | $77 | $20 |
| Root Insurance Company | $79 | $18 |
| Country Financial | $85 | $13 |
| Farmers | $94 | $3 |
Cheapest Car Insurance in Phoenix for Military Drivers
Military drivers, including active-duty members, veterans, and their families, often find special discounts and competitive rates on car insurance in Phoenix. For those seeking affordable options, the cheapest car insurance providers for military drivers are Mercury with an annual rate of $519, and USAA at $547 for minimum coverage.
| Mercury | $43 | $32 |
| USAA | $46 | $30 |
| Progressive | $56 | $19 |
| Travelers | $59 | $16 |
| State Farm | $62 | $13 |
| Root Insurance Company | $63 | $12 |
| GEICO | $64 | $11 |
| Allstate | $71 | $4 |
| Auto-Owners Insurance Co | $72 | $3 |
How Much Does Car Insurance Cost in Phoenix?
In Phoenix, the average full coverage car insurance costs $1810 per year. State minimum coverage is cheaper, averaging $926 annually. Remember, these rates are for a 40-year-old with a clean record and good credit; your price may vary.
Phoenix Auto Insurance Cost by Driver Profile
Review this table to compare average insurance costs for various driver profiles and check if your current rate is reasonable.
| Teen Drivers | No Data | $464 |
| Young Adults | $96 | $192 |
| Senior Drivers | $77 | $146 |
| Drivers With Bad Credit | $187 | $393 |
| Drivers With a Speeding Ticket | $97 | $194 |
| Drivers With a DUI | $127 | $246 |
| Drivers With an Accident | $118 | $235 |
| Military Affiliated Drivers | $75 | $147 |
How Expensive Is Car Insurance Phoenix?
In Phoenix, minimum coverage car insurance costs about $77 monthly, $13 higher than Arizona's average. Full coverage is $151 monthly, $23 more than the state's average. Annually, Phoenix drivers pay $926 for minimum and $1810 for full coverage, exceeding state averages by $161 and $281, respectively.
| Phoenix Avg Rate | $77 | $151 |
| Arizona Avg Rate | $64 | $127 |
| vs Arizona Avg Rate | $-13 | $-23 |
Car Insurance Requirements in Phoenix
In Arizona, drivers are required to carry minimum coverage auto insurance. This ensures that all drivers have financial protection in case of an accident. The state mandates that car insurance policies cover at least the minimum limits for bodily injury liability and property damage liability.
Arizona's minimum auto insurance coverage includes:
- $25,000 for bodily injury liability per person.
- $50,000 for bodily injury liability per accident.
- $15,000 for property damage liability per accident.
An auto insurance policy serves as a safeguard, covering the costs of damages or injuries you may cause to others if you're at fault in an accident. Liability coverage is the part of your policy that pays for these expenses.
For example, if you're involved in an accident and are found to be at fault, your bodily injury liability coverage would cover up to $25,000 for injuries to one person. If multiple people are injured, your policy would cover up to $50,000 for the entire accident.
Drivers in Arizona who need to demonstrate financial responsibility, such as those requiring SR-22 insurance in Phoenix, must maintain at least the state minimum coverage limits.
Cheapest Car Insurance in Phoenix: Bottom Line
Getting the cheapest car insurance in Phoenix can depend on your age, driving record, and even your credit score. Mercury and Travelers are often the go-to for affordable plans. But remember, to get the best deal, always compare quotes from different providers.
Cheap Phoenix Car Insurance: FAQ
MoneyGeek helps you find the best car insurance in Phoenix. We answer common questions about affordable and cheapest options. Discover coverage that meets your needs without breaking the bank.
What is the cheapest car insurance company in Phoenix, Arizona?
The cheapest car insurance company in Phoenix, Arizona, is Mercury, with rates starting at $43 per month for minimum coverage. Root Insurance Company has the cheapest full coverage rates at $92 per month. However, rates vary based on age, driving history and coverage needs, so it’s best to compare quotes.
What is the average cost of car insurance in Phoenix, Arizona?
The average cost of car insurance in Phoenix, Arizona, is around $1,810 per year for full coverage, while minimum coverage averages approximately $926 per year. These rates can vary depending on your specific circumstances.
Is car insurance in Phoenix, Arizona, expensive?
Yes, car insurance in Phoenix, Arizona, tends to be more expensive than the state average. Factors like higher traffic congestion, accident rates and crime rates contribute to the increased premiums. Shopping around and comparing quotes can help you find more affordable options.
How We Chose the Cheapest Car Insurance in Phoenix, AZ
To help Phoenix drivers find the most affordable auto insurance companies, MoneyGeek analyzed Phoenix auto insurance rates based on data and information from the Arizona Department of Insurance and Quadrant Information Services.
Phoenix Driver Profile
MoneyGeek created a sample driver profile to calculate car insurance quote averages in Phoenix with the following characteristics:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
Certain factors — such as age, driving record, credit score and military affiliation — were adjusted to find the most suitable insurance companies for specific driver profiles.
Coverage Levels in Phoenix
MoneyGeek compared the most affordable insurance providers for both minimum and full coverage auto insurance policies.
The minimum coverage requirements in Arizona are:
- $30,000 bodily injury liability per person
- $60,000 bodily injury liability per accident
- $25,000 property damage liability per accident
For a full coverage policy, we used the following coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
- Comprehensive and collision insurance, each with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.