The words “economical” and “insurance” really shouldn’t be used together, specifically when you are trying to find the best car insurance for retired military. In an attempt to save some money, let’s open your eyes to a few of the things that significantly impact car insurance prices, and figure out some ideas to slash the price of your next policy.
One of the many components that aid in calculating the price you pay for insurance is where you choose to live in Mesa. Cities with larger populations or higher claim trends tend to have more expensive auto insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower prices.
The table below rates the most expensive cities in Arizona for retired military to purchase auto insurance in. Mesa comes in at #6 with an annual cost of $1,147 for the average insured, which is approximately $96 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Glendale | $1,226 |
| 2 | Phoenix | $1,218 |
| 3 | San Tan Valley | $1,196 |
| 4 | Avondale | $1,186 |
| 5 | Scottsdale | $1,163 |
| 6 | Mesa | $1,147 |
| 7 | Gilbert | $1,142 |
| 8 | Buckeye | $1,122 |
| 9 | Tempe | $1,118 |
| 10 | Maricopa | $1,118 |
| 11 | Peoria | $1,104 |
| 12 | Chandler | $1,093 |
| 13 | Surprise | $1,090 |
| 14 | Goodyear | $1,087 |
| 15 | Oro Valley | $1,062 |
| 16 | Tucson | $1,061 |
| 17 | Casa Grande | $1,057 |
| 18 | Casas Adobes | $1,050 |
| 19 | Catalina Foothills | $1,040 |
| 20 | Yuma | $983 |
| 21 | Flagstaff | $969 |
| 22 | Prescott | $914 |
| 23 | Bullhead City | $878 |
| 24 | Sierra Vista | $863 |
| 25 | Lake Havasu City | $852 |
| Find Cheaper Rates Go | ||
Prices are comparative as specific location information can increase or decrease rates significantly.
Figuring out which company quotes the lowest-priced insurance rates for retired military will involve a tad more effort in order to find a policy that fits your budget.
Each insurance company has a different process to determine rates, so let’s rank the insurance companies that tend to be cheaper in Mesa, AZ. It’s important to understand that Mesa insurance rates are impacted by many things which can substantially change the price you have to pay. Improving your credit rating, having a claim, or getting a ticket for careless driving can trigger changes in premium resulting in some companies being more affordable than others.
Find Cheaper Auto Insurance for Vets
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $845 |
| 2 | Auto-Owners | $915 |
| 3 | Safeco | $932 |
| 4 | Travelers | $1,075 |
| 5 | Progressive | $1,118 |
| 6 | USAA | $1,124 |
| 7 | GEICO | $1,131 |
| 8 | CSAA | $1,177 |
| 9 | Ameriprise Group | $1,220 |
| 10 | Allied | $1,233 |
| 11 | Farm Bureau Mutual | $1,259 |
| 12 | Safe Auto | $1,297 |
| 13 | Unitrin | $1,317 |
| 14 | State Farm | $1,337 |
| 15 | Farmers | $1,350 |
| 16 | Titan | $1,418 |
| 17 | Amica | $1,429 |
| 18 | American Family | $1,478 |
| 19 | MetLife | $1,567 |
| 20 | California Casualty | $1,568 |
| Find Cheaper Rates Go | ||
The Hartford quotes some of the lowest car insurance rates in Mesa at around $845 each year. This is $583 less than the average price paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and Progressive also qualify as some of the best Mesa, AZ insurance companies.
In the above rates, if you currently buy coverage from Travelers and switched to The Hartford, you could realize yearly savings of about $230. Policyholders with Progressive could save as much as $273 a year, and USAA customers might reduce rates by $279 a year.
To find cheaper insurance rates for your vehicle, click here to start your free quote or visit several of the following companies.
Understand that those prices are averages for all ages of drivers and types of vehicles and and are not figured with a specific location for retired military. So the company that has the lowest price for you may not even be in the top 28 companies shown above. That affirms the importance of why you need to get quotes using your own individual information.
The vehicle model on the policy is probably the most important factor when consumers are trying to find low-priced insurance for retired military. Vehicles with reasonable performance levels, excellent safety ratings, or a low likelihood of having liability claims will cost less to insure than fast, unsafe models. The list below outlines coverage premiums for some of the cheapest automobiles to insure in Arizona.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX 4-Dr Sedan | $1,264 |
| Honda CR-V EX-L 2WD | $1,294 |
| Hyundai Elantra SE Touring Station Wagon | $1,371 |
| Ford Edge SE 2WD | $1,389 |
| Toyota Prius | $1,399 |
| Ford Focus S 4-Dr Sedan | $1,465 |
| Toyota RAV4 Sport 4WD | $1,496 |
| Chevrolet Equinox LS AWD | $1,505 |
| Volkswagen Jetta S 4-Dr Sedan | $1,496 |
| Ford Escape Limited 4WD | $1,572 |
| Toyota Camry SE | $1,575 |
| Ford Fusion Sport 4-Dr Sedan | $1,603 |
| Chevrolet Malibu LTZ | $1,608 |
| Nissan Rogue S 2WD | $1,606 |
| Dodge Ram Crew Cab TRX 2WD | $1,634 |
| Get a Custom Quote Go | |
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price estimates do not factor in zip code location which can lower or raise prices noticeably.
Based upon these rates, cars like the Honda Accord, Honda CR-V, and Hyundai Elantra are likely to be a few of the cheapest vehicles to insure for veterans.
Do you need full coverage?
Finding the cheapest insurance should be important to most people, and one of the best ways to pay lower rates for insurance for retired military is to not buy comprehensive and collision coverage. The illustration below illustrates the difference between annual premium costs with full physical damage coverage compared to only buying liability only. The prices are based on no accidents or driving violations, $1,000 deductibles, single status, and no other discounts are factored in.
As an average for all age groups, full coverage costs $1,681 per year over having just liability coverage. Many drivers may wonder when is it safe to stop buying full coverage. There is no written rule of when to stop paying for comp and collision coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s say your vehicle’s replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $8,000 after paying your deductible. If you are paying in excess of $800 annually for physical damage coverage, then it might be time to consider dropping full coverage.
There are a few situations where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage on your policy.
Discounts on Mesa car insurance rates
Insurance companies that offer cheap quotes for retired military may also provide policy discounts that can reduce rates by as much as 25% or more if you can meet the requirements. Large insurance companies and a partial list of their discounts are:
- American Family may have discounts that include bundled insurance, air bags, good driver, Steer into Savings, and early bird.
- Nationwide offers discounts for business or organization, family plan, good student, defensive driving, Farm Bureau membership, and accident-free.
- MetLife has discounts for good driver, good student, defensive driver, multi-policy, accident-free, claim-free
- 21st Century policyholders can earn discounts including homeowners, good student, student driver, air bags, and defensive driver.
- Farmers Insurance discounts include early shopping, multi-car, business and professional, electronic funds transfer, and switch companies.
- Allstate may include discounts for anti-lock brakes, eSmart discount, utility vehicle, good payer, farm vehicle, and good student.
The example below shows the difference between insurance prices with and without discounts applied to the premium. The data is based on a female driver, no violations or accidents, Arizona state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with marriage, accident-free, multiple vehicle, passive restraint, multiple policy, and defensive driving course discounts applied. When drivers take advantage of discounts, theamount saved on insurance for retired military is 28% or $556.
The benefit of shopping around
Arizona insurance rates are impacted by many factors that control the price of your policy. Improving your credit score, buying higher coverage limits, or having a fender bender can trigger price changes that can now make some companies more affordable than before. Not only may things change on your end, but auto insurance companies amend pricing as needed in order to maintain liquidity for claims. An unexpected high level of claims may cause additional premium costs, while less frequent claims can produce cheaper Mesa car insurance rates.
For instance, the graph below shows the companies that have the cheapest car insurance in Mesa, AZ for a 45-year-old male driver with no prior claims, no tickets, and a high credit rating. If we estimate prices based on his personal risk profile, The Hartford quotes the lowest car insurance rates in Mesa at $1,067 annually. This is $361 less than the average price paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA also make the list of the top five cheapest Mesa, AZ auto insurance companies.
The example below compares rates after we give the driver from the first rate comparison an accident claim, a lower credit rating, and a few blemishes on his driving record. Since each insurance company has a proprietary method for determining rates, comparing rates may result in a completely different list of the cheapest companies as shown below.
Ameriprise Group now has the best car insurance rate in Mesa with GEICO, Allied, CSAA, and Farm Bureau Mutual also having competitive pricing. This example demonstrates why it is important to shop around with many companies when trying to get affordable insurance quotes for retired military.
Insurance prices are made up of many things and change frequently, so the cheapest option two years ago may now be costing you a lot of money.
The professional agents shown below can most likely help you determine which coverage fits your budget, since some people have coverage questions and would like to get some help when comparing insurance rates for retired military. It can be challenging to find the cheapest auto insurance company, and a professional agent can give satisfaction knowing your coverage gives you enough coverage if you have a claim.
To locate a Mesa insurance agent in your neighborhood, click the button link following the list or click here to compare price quotes.
Jeff Klusmann Insurance Agency
1955 N Val Vista Dr – Mesa, AZ 85213 – (480) 830-0080
Nationwide Insurance: Isakson Ins Agency Inc
1819 E Southern Ave, Ste E20 – Mesa, AZ 85204 – (480) 888-0318
Ayala Insurance Service, LLC
830 W Southern Ave #10 – Mesa, AZ 85210 – (480) 844-1555
Cie Taylor – State Farm Insurance Agent
2801 E McKellips Rd – Mesa, AZ 85213 – (480) 830-1513
View map of Mesa, AZ insurance agents
How to find more affordable car insurance for retired military
The list below details some money-saving suggestions that can help you get low-cost coverage.
- Accidents can significantly increase rates
- Buy safe vehicles
- If your vehicles are older, consider dropping full coverage
- Buy your auto and home insurance from the same company and save
- Avoid getting tickets or violations
- Avoid price increases by not filing claims
- Keep rates low by shopping around frequently
That final tip is notably important, as we noted in the article above. Auto insurance prices adjust frequently, so drivers shouldn’t hesitate to buy from a different company if you can save money.
Many drivers prefer to stick with one company, but it’s not recommended if that loyalty ends up costing money that could be going to better use. It only takes a couple minutes to shop around to find cheaper auto insurance for retired military in Mesa.