The cost of auto insurance Phoenix depends on many factors. The most important thing is what type of vehicle you have. The coverage you need will be more costly if your vehicle costs more. You can find the lowest cost car insurance in Phoenix if you shop around.
Phoenix drivers 40+ can expect to earn an average of $1748 per year. This rate is considerably less than the $2,534 they'll pay in other parts of the country. Your premium is affected by your vehicle's model, your age, and your driving history.
High-risk drivers will typically be quoted higher rates by insurers if they live in an area with high numbers of claims or accidents. Drivers with excellent driving records and high credit scores could save up to 65%. Requesting a customized quotation is a smart move.
Your rates will be affected by other factors than your gender and age. Federal employees and homeowners may be eligible to receive discounts. USAA offers low rates for military veterans. State Farm or another insurance company may be better for younger drivers.
GEICO may be the best option for you if you are looking to get full coverage insurance at a low price in Phoenix. Their rates are around half of the average national rate, making them the most affordable option for the city. They also offer a variety of coverage options, including comprehensive, collision, and other liability policies.
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's formulas, for example, consider driver's driving record and age to determine the amount they will pay for insurance. Progressive insurance can be a great way to save up $1,134 each year.
State Farm is the next best option. Your Phoenix car insurance will cost you an average $1,338. State Farm offers only insurance for civilian families, and this is unlike other car insurers.
Your rates will increase if your driving record includes reckless or at-fault driving. If you are convicted of DUI or another driving offense, your premium could rise to $934 per year. Alternatively, you can avoid any charges at all by avoiding speeding or other dangerous behaviors.
On the other hand, if you have a clean driving record, your monthly premium should be lower than other Phoenix drivers. While many factors influence your premiums, there are usually discounts for safe driving. The insurer may offer discounts if you have a clean driving record and/or a full coverage policy.
Full coverage insurance in Phoenix will protect you from property damage and non-collision damages, but it will cost more than the minimum coverage policy. Your premium could be higher than the car's value, so make sure you get the right coverage.