Best Cheap Car Insurance in Gilbert for 2021 | Bankrate
The city of Gilbert in Arizona has 237,484 residents with an average vehicle ownership of two cars per household. According to Allstate, it is considered one of the top cities in the U.S. for safest drivers. The average cost of car insurance in Gilbert is $651 per year for minimum insurance and $1,622 for full coverage. Despite the safe drivers, car insurance rates in Gilbert are not the cheapest in the country.
Fortunately, there are ways to beat the average cost of coverage and find the cheapest car insurance in Gilbert. Finding the right carrier is a good first step. To bring you the best car insurance in Gilbert, we looked at Bankrate’s data on insurance company quotes, carrier policy offerings and customer ratings.
Best car insurance companies in Gilbert
The following four carriers are the right combination of cheap car insurance, customizable coverage and a high level of customer service, according to the J.D. Power auto insurance study based on responses from policyholders. The following rates are well below the city average for full and minimum car insurance.
| Insurance company | J.D. Power score | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|---|
| Geico | 834 / 1,000 | $373 | $940 |
| Mercury | NR | $451 | $1,403 |
| Nationwide | 786 / 1000 | $457 | $1,166 |
| Travelers | 808 / 1,000 | $512 | $1,208 |
Geico
Geico tops the list as the highest-rated car insurance by policyholders. In addition, rates for car insurance in Gilbert are the lowest at $372 per year on average for minimum insurance and $926 for full car insurance. The affordable rates are well below the citywide average. You may want to upgrade to full car insurance (if you can afford it). Full coverage adds comprehensive and collision that pays for repairs or replacement of your vehicle caused by storms, crashes and other events.
Mercury
Mercury Insurance has the second-cheapest car insurance in Gilbert for basic insurance. The carrier is best-known for no-frills coverage for drivers who have trouble finding car insurance due to multiple accidents, DUI convictions or other high-risk driving behavior. Although rates are low for basic coverage, full car insurance through the carrier is the most expensive compared to the other three carriers. It is likely rates for full coverage are higher because of the policyholders driving records.
Nationwide
Although Mercury Insurance is a good option for drivers with past speeding tickets or accidents, Nationwide has discounts that could help drivers with a less-than-perfect record save on premiums. Nationwide policyholders could take an approved defensive driving course to lower their rates. And once they are ticket- and claims-free for a couple of years, they may qualify for the carrier’s safe driver discounts.
Travelers
Travelers Insurance rounds off the list of best car insurance in Gilbert with affordable premiums below the city average for both minimum and full car insurance. To make the most out of affordable coverage, be sure to take advantage of discounts for bundling home and auto and paying your insurance bill in advance. In addition, Travelers Insurance offers accident forgiveness, which removes an at-fault accident from your record every three years. Doing so keeps your car insurance rates from going up.
Cheapest car insurance in Gilbert
Arizona vehicle owners pay $1,547 on average per year for car insurance. Arizona’s premiums are slightly lower than the national average of $1,674. Gilbert’s car insurance rates are markedly lower, if you choose from the cheapest carriers in town.
| Insurance company | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|
| Geico | $373 | $940 |
| Mercury | $451 | $1,403 |
| Nationwide | $457 | $1,166 |
| USAA | $498 | $1,342 |
| Travelers | $512 | $1,208 |
Geico has the all-around best car insurance in Gilbert. For drivers with accidents, tickets and convictions, the best company for cheap basic coverage could be Mercury. Nationwide, USAA and Travelers have a wide variety of coverage options and discounts available, but USAA only insures vehicle owners with military affiliations (and their families).
Gilbert insurance requirements
The AZDOT requires drivers in Gilbert and other Arizona cities to have a minimum amount of liability insurance:
- $25,000 for injury/death per person per accident
- $50,000 for injury/death total per accident
- $15,000 for property damages per accident
Although you may legally drive with the state-mandated minimum, your leasing company or lenders could require you to insure your vehicle in full, which adds comprehensive and collision insurance. Coverage may be more expensive, but it pays for repairs or replacement of your vehicle in case of a covered loss.
Car insurance discounts in Gilbert
Even if you find the cheapest carrier, you may still be able to get further reductions by looking into what discounts car insurance companies offer. Some include:
- Bundling: Consider buying a home or renters insurance policy through your car insurance company. You may end up saving on both.
- Young driver: Young adults and teens nationwide pay the highest car insurance premiums due to their lack of driving experience. Youth and good student discounts may help.
- Safe driver: If you have a clean driving record, it may pay off. Be sure to ask the carrier if they offer a safe driving discount.
- Vocational: Many companies offer certain professions discounts. If you are a first responder, military personnel or a teacher, you may be able to get a discount.
Of the four car insurance discounts mentioned, bundling and safe driver discounts could earn you the most savings. However, you could stack multiple small discounts for savings. Do not forget to take advantage of discounts for autopay, paperless billing and more.
Frequently asked questions
What is the best car insurance company?
Every driver has unique needs, making it difficult to choose one carrier. Based on low rates and good customer reviews, the best car insurance companies in Gilbert include Geico, Nationwide and Travelers.
How much does car insurance in Gilbert cost?
Rates for Gilbert are lower than the state and national average for car insurance. The average cost of car insurance in Gilbert is $651 per year for minimum coverage and $1,622 for full car insurance.
What is full coverage car insurance?
Full coverage car insurance refers to a policy that builds on a state’s minimum insurance requirements, typically liability insurance, by adding financial protection for your car as well. Full coverage adds comprehensive and collision insurance, which reimburse you for losses or repairs to your vehicle if you cause a crash or experience a loss due to an animal collision, foul weather, theft, fire and more.
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.
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