Car insurance rates differ by zip code because different areas present different risks when it comes to traffic, crime rates and population density. Drivers in urban neighborhoods pay more for auto coverage than those living in suburban or rural settings – car insurers take these variables into consideration when calculating car insurance premiums in Arizona.
Shopping around and gathering quotes from multiple car insurance providers to find the most cost-effective coverage is essential in finding a suitable insurance provider. Some drivers may prioritize customer service over cost or prefer a company offering mobile apps to process claims and payments; knowing your own specific needs will help narrow down the list.
Full coverage car insurance protects you against expenses caused by accidents caused by you, including bodily injury liability up to $25,000 per person and property damage liability up to $15,000. Furthermore, full coverage may include comprehensive and collision policies as well as uninsured/underinsured motorist coverage with up to a $500 deductible.
Maintaining a safe driving record can help Arizona residents save on car insurance by reducing your risk of an accident or ticket, which in turn lowers rates by up to $867 annually according to ValuePenguin.
Age and gender also impact the cost of car insurance in Arizona, as drivers aged 30-60 experience lower average car insurance premiums at around $1,450 annually on average; due to higher crash rates among younger drivers.
If you have been charged with DUI or an at-fault accident, your insurance rates can skyrocket – sometimes by twofold or more! Married drivers tend to see discounted premiums as they’re seen as less of a risk than single drivers.
Make a list of potential ways you could lower your rates, such as increasing your deductible or cutting out unnecessary coverage from your policy, as well as any discounts that might apply; some insurers provide discounts for safety features, bundling car and home policies and making on-time payments, among others. Be mindful when adding teen drivers; their addition can increase rates by an estimated 3.4x increase! In Arizona.
MoneyGeek has compiled a list of Arizona’s cheapest car insurance providers that combine low prices with quality customer service and value proposition. State Farm, USAA and Farmers all rank highly.
Although Arizona car insurance requirements are relatively modest, upgrading to full coverage could provide extra protection and prevent your premiums from skyrocketing following an accident. A teenage driver could increase your rates up to 3.4x; having poor credit will further raise premiums.