Auto insurance is a competitive industry, as consumers frequently shop around in order to get the best rates.
The average cost of car insurance in Arizona for full coverage is $1,591 per year, or about $133 per month. For minimum coverage, the average annual cost is $592. Though minimum coverage offers the cheapest rates, most insurance experts recommend buying higher levels of liability coverage. The best cheap car insurance gives greater financial protection to drivers, which might require more coverage than the minimum required amount provides.
To drive legally in Arizona requires its drivers to have a minimum amount of auto insurance pursuant to the Financial Responsibility Law. If you have a vehicle registered in Arizona and want to operate it, then you must carry the following minimum amount of insurance:
• Bodily Injury Liability Coverage: $15,000 per person/$ 30,000 per accident; and
• Property Damage Liability Coverage: $10,000.
There are four types of insurance coverage: liability insurance (required by most states), comprehensive, collision, and full car coverage.
Your lender may require comprehensive and collision coverage if you lease or finance your car
Hence, it becomes essential for all car owners to have a proper insurance plan in place. There are multiple advantages of having car insurance coverage, the financial security offered by it being one of the major ones. In the event of a collision, having coverage protects the wallet of the vehicle owner from costly and unexpected expenses. A policy with liability coverage, accident benefits, and collision coverage could help a person save thousands of dollars should an accident occur.
Blake Insurance Group LLC Owing to their high dedication and quality of services, they have achieved commendable customer retention, a high customer satisfaction index, and an impressive level of customer referrals. They offer home, business, car, and property insurance in Arizona.
Buying car insurance online is the fastest and most convenient way to buy auto insurance. Buying car insurance online can be done at any time of the day or night. Comparing quotes from multiple insurers is easy. Drivers are no longer required to call individual insurance companies and give a representative the necessary information– over and over. Before searching for insurance, drivers are recommended to have access to the documents and information they will need to purchase insurance like the driver’s license number, the vehicle’s, year, make, and model, the vehicle’s identification number, and registration.
How to manage car insurance policy expenses. Drivers can save money by raising the deductible. By doing so, they can lower their monthly premiums. However, some drivers can’t afford to pay large amounts out of their pockets, so for them raising the deductible is not recommended. Policyholders who own cars that are not worth much money can save money by dropping collision and comprehensive insurance. Shopping around at multiple insurance providers can help drivers find the best rates.
What Happens if You Don’t Have Car Insurance?
Regardless of where you live, it’s against the law to drive a vehicle without car insurance (or meeting financial responsibility requirements, in the case of New Hampshire. Financial responsibility laws require you to furnish proof that you can pay damages yourself if you’re involved in an accident.)
If you drive without insurance and an accident occurs, several things can happen. First, you could be ticketed and/or charged with a driving violation, according to the laws in your state and based on the circumstances of the accident. At a minimum, you may have your driver’s license suspended or revoked.
Additionally, you could face a civil lawsuit if you’re at fault in the accident and cause physical injury or property damage. Without an insurance policy to pay damages, you could be held financially responsible for covering someone’s medical bills and/or for repairs to their vehicle. Depending on the extent of their injuries or the property damage, that could be financially devastating.
Shopping for Car Insurance.
If you need car insurance, it pays to research different companies and policies first. Then get quotes from several insurers. Pay particular attention to the policies’ premiums and deductibles so you can make a fair cost comparison.
4 Tips Drivers Need to Know to Find the Right Auto Insurance in Arizona.
Whether you’re buying your first car or trying to save money on your current policy, it’s important to explore your options.
With a little preparation, you can get a good policy with the amount of financial protection you need at an affordable price.
1. CHOOSE THE RIGHT COVERAGE AMOUNT.
The first thing you’ll want to do when shopping for car insurance is to consider the amount of coverage necessary. When it comes to car insurance, there are many different types of coverage that protect you from different things.
Bodily injury liability covers you if you’ve injured someone in an accident. Personal injury insurance covers you if you or any passengers have been injured in an accident.
Collision covers any damage to your car from an accident, regardless of which driver was at fault.
2. CONSIDER YOUR CAR TYPE
the type of car you drive, including the make, model, and other characteristics, heavily influences the price of your insurance. Some other factors that influence the price of your insurance are the year of your car, body style, and safety ratings. It’s important to keep all of this in consideration when shopping for insurance.
3. COMPARE DIFFERENT INSURANCE COMPANIES.
Another important thing to consider is that every insurance company is different.
The first insurance company you research may not have exactly what you want or need and that’s okay. Shop around with different companies until you find one that fits your insurance criteria.
Comparing car insurance online is the fastest and most convenient way to buy auto insurance. Buying car insurance online can be done at any time of the day or night. Comparing quotes from multiple insurers is easy. Drivers are no longer required to call individual insurance companies and give a representative the necessary information– over and over. Before searching for insurance, drivers are recommended to have access to the documents and information they will need to purchase insurance like the driver’s license number, the vehicle’s, year, make, and model, the vehicle’s identification number, and registration.
4. CONSIDER YOUR INDIVIDUAL NEEDS.
Many unique life circumstances might impact the type of insurance you’ll get for your vehicle.
Maybe you have a teen driver in the family. Maybe you already have a driving record of multiple accidents, or you live in an urban area where accident and theft rates are high.
Before you start gathering auto insurance quotes, you may want to consider if you even need to shop. Rate increases are likely to be fairly widespread, but that doesn’t mean every driver will see the same percentage of increase or even higher insurance costs at all. If your company’s rates were relatively low before, you might still feel like your policy is within your budget even after an increase.
Hunting for discounts.
How much is car insurance in Arizona? Ultimately, it’s the price quoted, minus discounts. Potential insurance discounts vary by the insurance company, but looking through the options can save money. Here are some of the most common:.
• Alumni discount.
• Professional organization discount.
• Good student discount.
• Defensive driver discount.
• Multi-policy discount.
• New car discount.
• Pay-in-full discount.
• Away-at-school discount.
• Occupational discount.
• Safety feature discount.
• Usage-based discount.
Many drivers are surprised to learn car insurance quotes in Arizona are based in part on Financial responsibility. Studies have shown that drivers with low credit scores tend to make more auto insurance claims. For that reason, drivers with low scores tend to pay more for their insurance coverage. One way to score affordable car insurance in Arizona is to focus on credit factors like paying bills on time and keeping debt levels low. It may take time to raise a low score, but it is worth the effort.