I can’t think of a single person who enjoys paying for auto insurance, especially knowing the cost is way too high. Popular companies such as GEICO, 21st Century and Progressive constantly bombard you with ads and consumers find it hard to ignore the propoganda and effectively compare rates to find the best deal.
If you have a current auto insurance policy or need new coverage, you can learn to get lower rates while maximizing coverage. Finding the best rates in Prescott is not that difficult. Arizona vehicle owners only need an understanding of the proper way to get comparison rates online.
Free Quotes for Auto Insurance in Prescott, AZ
All the larger auto insurance companies like Progressive, GEICO, Allstate and State Farm give pricing directly from their websites. Obtaining pricing is quite easy as you just enter your coverage information into a form. When complete, the company’s rating system will order your driving record and credit report and returns pricing information. Online price quotes helps simplify price comparisons, but the work required to visit different websites and fill out multiple forms is not the best way to spend an afternoon. Unfortunately, it is important to get many rate quotes in order to get better auto insurance pricing.
There is an easier way!
A more efficient way to find better auto insurance pricing makes use of a single form to return rates from more than one company. The form is fast, reduces the work, and makes rate comparisons much simpler. As soon as you send your information, your coverage is rated and you are able to buy your choice of the price quotes you receive.
If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The whole process can be completed in less than 10 minutes and may result in a nice savings.
To compare pricing, click here to open in a new tab and submit your coverage information. If you currently have coverage, we recommend you complete the form with exactly as shown on your declarations page. This ensures you will have rate quotes for similar coverage.
Components of your insurance rates
It’s important that you understand some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what influences your rates empowers consumers to make smart changes that could result in much lower annual insurance costs.
- With age comes lower rates – Older drivers tend to be more responsible, tend to cause fewer accidents and are safer drivers. Young drivers have a tendency to be less responsible behind the wheel therefore auto insurance rates are much higher.
- Big city or small town – Choosing to live in less populated areas has it’s advantages when talking about auto insurance. Lower population means reduced accidents as well as less vandalism and auto theft. Drivers in populated Arizona areas have congested traffic and longer commute times. More time commuting translates into higher accident risk.
- Increase deductibles and save – Physical damage deductibles define the amount you are required to spend before a claim is paid by your company. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply are running into the backend of another car, damage caused by hail, and rolling your vehicle. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance.
- Policy add-ons can waste money – There are a ton of extra coverages that you can buy on your policy. Insurance for personal injury protection, towing coverage and term life insurance are examples of these. These coverages may sound good initially, but if they’re wasting money eliminate the coverages to reduce your premium.
Are you getting all your discounts?
Insuring your fleet can be pricey, buy you may qualify for discounts to help bring down the price. Some trigger automatically at the time of purchase, but some must be requested specifically before you will receive the discount. If you don’t get every credit available, you’re just leaving money on the table.
- Early Signing – Some insurance companies reward drivers for switching policies before your current expiration date. This can save 10% or more.
- Discount for New Cars – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
- Theft Prevention Discount – Anti-theft and alarm systems help deter theft and will save you 10% or more.
- Passive Restraints – Vehicles with factory air bags or automatic seat belts can get savings of 20% or more.
- Student in College – Any of your kids living away from home attending college and don’t have a car can receive lower rates.
- Employee of Federal Government – Being employed by or retired from a federal job can earn a discount up to 10% with a few auto insurance companies.
- Accident Free – Drivers who don’t have accidents pay less when compared to accident-prone drivers.
It’s important to understand that most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like you could get a free auto insurance policy, companies wouldn’t make money that way. Any amount of discount will bring down the cost of coverage.
For a list of insurance companies who offer auto insurance discounts in Arizona, click here.
When might I need an agent?
When buying coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions can help discover whether you could use an agent’s help.
- What can I do if my company denied a claim?
- Can I afford low physical damage deductibles?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Do I benefit by insuring my home with the same company?
- When should my teen driver be added to my policy?
- Can I still get insurance after a DUI?
- What is high-risk coverage and where do I buy it?
- Do I get a pro-rated refund if I cancel my policy early?
If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.
Compare but don’t skimp
We just covered many ideas to compare auto insurance prices online. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced auto insurance comes from the least-expected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive or GEICO.
When buying insurance coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where an accident victim reduced liability coverage limits to discover at claim time they didn’t have enough coverage. The aim is to purchase a proper amount of coverage at a price you can afford while still protecting your assets.
Additional auto insurance links
Additional information is available on the website for the Arizona Department of Insurance located here. Visitors are able to read industry bulletins, learn about specific coverages, and find disaster information.