There are several factors that affect the cost for auto insurance in Phoenix. One of the most important factors is your vehicle's make and model. The higher your vehicle's price, the more you will pay for coverage. Shopping around can help you find the best Phoenix car insurance rates.
Phoenix drivers over 40 can expect an average annual cost of $1748. This is significantly lower than the $2,534 drivers will pay elsewhere in the country. Your premium can also be affected depending on the vehicle model and your driving record.
Insurers will often quote higher prices for drivers who live in areas with a high number of accidents or claims. Drivers who have good driving records and excellent credit scores may be able to save as much as 65 percent. Requesting a customized quotation is a smart move.
Besides age and gender, the location of your home and your credit score can have an impact on your rates. Federal employees and homeowners may be eligible to receive discounts. USAA has very low rates for military veterans. State Farm may be a better option for young drivers.
GEICO might be the right choice if your goal is to find affordable, full-coverage insurance in Phoenix. Their rates are around half of the average national rate, making them the most affordable option for the city. You can also choose from comprehensive, collision, or other liability coverages.
Look into the way that the insurance companies calculate the premiums when you're looking for auto insurance Phoenix. Each company uses their own formula. Progressive, for instance, uses driver's history and age as a basis to determine the cost of coverage. Progressive offers a savings of up to $1134 per year.
State Farm is next in price. Your Phoenix car insurance will cost you an average $1,338. Unlike most other car insurance companies, State Farm only provides insurance for civilian families.
Your rate could rise significantly if reckless driving or at-fault driving is a pattern. If you are convicted for DUI or any other driving offense, your premium can go up to $934 per annum. If you avoid speeding or other dangerous actions, you could avoid any charges.
If you drive well, your monthly premium will likely be lower than the Phoenix drivers. While many factors influence your premiums, there are usually discounts for safe driving. Your insurer might offer discounts for having a clean driving history or buying a full-coverage policy.
Although full coverage insurance Phoenix can protect you against property damage and other non-collision injuries, it will be more expensive than the minimum coverage policy. Also, your premium might exceed the value of your car, so it's important to make sure you're getting the right amount of coverage for your needs.