Beginners to comparing insurance rates online will discover purchasing the lowest-priced Buckeye auto insurance is more work than they anticipated.
Consumers need to compare prices quite often since rates change regularly. Even if you think you had the lowest price a couple years back you will most likely find a better rate today. Ignore everything you know about auto insurance because you’re about to learn one of the best ways to find great coverage at a great price.
Locating more affordable auto insurance coverage in Buckeye can be fairly easy. If you are insured now or need a new policy, you can learn to get lower rates and still get good coverage. Arizona consumers only need an understanding of the proper methods to shop for auto insurance online.
Rate influencing factors
Consumers need to have an understanding of some of the elements that go into determining the price you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in big savings.
- Drive less and save money – The more you drive in a year the more you’ll pay to insure your vehicle. Most insurance companies charge to insure your cars based on their usage. Cars and trucks that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Verify your auto insurance policy is rated on the correct driver usage.
- Credit scores impact auto insurance rates – Credit rating is a important factor in calculating your auto insurance rates. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with lower ratings. If your credit can use some improvement, you could pay less to insure your by improving your rating.
- Type of vehicle determines base rates – The type of vehicle you are insuring makes a significant difference in your rates. The most favorable rates are usually for economy passenger cars, but the final cost of insurance is determined by many other factors.
- Don’t skimp on liability – Liability coverage will protect you if ever you are found liable for personal injury or accident damage. It will provide for a legal defense up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
- More people means more accidents – Choosing to live in a small town can save you money when insuring your vehicles. Less people living in that area translates into fewer accidents. Drivers in populated Arizona areas regularly have traffic congestion and longer commutes to work. Higher commute times means higher likelihood of an accident.
- Your job and insurance rates – Jobs such as lawyers, social workers and dentists tend to have the highest average rates attributed to high stress levels and lengthy work days. Other occupations like actors, historians and retirees receive lower rates.
- Do you qualify for a multi-policy discount? – The majority of insurance companies will give a discount to customers who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, you still need to compare other company rates to make sure you are getting the best deal. Consumers may find a better deal by buying insurance from more than one company.
Verify you’re getting all your discounts
The price of auto insurance can be rather high, but companies offer discounts that many people don’t even know exist. Most are applied when you complete an application, but some must be manually applied before being credited. If you don’t get every credit possible, you are throwing money away.
- One Accident Forgiven – A handful of insurance companies permit an accident before raising your premiums if you are claim-free prior to the accident.
- Good Student – This discount can earn a discount of 20% or more. The good student discount can last up until you turn 25.
- New Vehicle Savings – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
- Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less than their less cautious counterparts.
- Multiple Vehicles – Having multiple vehicles on one policy can get a discount on all vehicles.
- Multiple Policy Discount – When you combine your home and auto insurance with one insurance company you may earn up to 20% off your total premium.
- Discount for Swiching Early – A few companies offer discounts for buying a policy prior to your current policy expiration. The savings is around 10%.
As a disclaimer on discounts, most discount credits are not given to all coverage premiums. Most only apply to the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like you would end up receiving a 100% discount, auto insurance companies aren’t that generous. Any qualifying discounts will help reduce the amount you have to pay.
To see a list of insurers offering auto insurance discounts in Arizona, click here to view.
When should I talk to an agent?
When it comes to buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique.
These are some specific questions can aid in determining if your situation would benefit from professional advice.
- Am I covered when driving in Canada or Mexico?
- Should I buy only the required Arizona minimum liability coverage?
- What are the financial responsibility laws in Arizona?
- Can I rate high risk drivers on liability-only vehicles?
- Does my vehicle qualify for pleasure use?
- What can I do if my company denied a claim?
- Can I still get insurance after a DUI?
- Exactly who is provided coverage by my policy?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, fill out this quick form. It is quick, free and can help protect your family.
Learn more today
Much more information about auto insurance in Arizona can be found on the Arizona Department of Insurance website located here. Consumers can read consumer alerts, read industry bulletins, view agent and company licensing information, and discover disciplinary actions.
A tidy conclusion
The cheapest auto insurance can be purchased from both online companies and with local Buckeye insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not offer online price quotes and usually these small, regional companies provide coverage only through local independent agents.
We just showed you many tips how you can reduce auto insurance prices online. The most important thing to understand is the more rate quotes you have, 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 a small mutual company.
As you restructure your insurance plan, it’s very important that you do not buy less coverage just to save a little money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits to discover at claim time that it was a big error on their part. Your goal should be to buy a smart amount of coverage for the lowest price, not the least amount of coverage.