Arizona Auto Insurance Carriers
Here are some statistics that may affect your rates from your Arizona auto insurance carrier. According to a National Insurance Crime Bureau (NICB) study released in April 2006, Maricopa County, the Phoenix-Mesa-Scottsdale district ranked in the top five of the top 10 U.S. metropolitan areas for vehicle theft, and Tucson trailed behind at number 10, as shown below:
TOP TEN U.S. METROPOLITAN
AREAS FOR VEHICLE THEFT, 2006
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Las Vegas/Paradise, NV: 22,415 1,310.40
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Stockton, CA: 7,046 1,060.96
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Visalia-Porterville, CA: 4,238 1,031.46
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Phoenix/Mesa/Scottsdale, AZ: 39,535 1,022.88
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Modesto, CA: 5,081 1,005.13
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Seattle/Tacoma/Bellevue, WA: 31,231 974.96
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Sacramento/Arden/Arcade/Roseville, CA: 19,558 957.65
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Fresno, CA: 8,363 952.96
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Yakima, WA: 2,155 930.54
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Tucson, AZ: 8,508 920.00
*Ranked by the rate of vehicle thefts reported per 100,000 people based on the 2005 U.S. Census Population Estimates. Source: National Insurance Crime Bureau.
Arizona Auto Insurance companies
Evidently, speculations concerning vehicle insurance, who and who not to invest in and trust, have become a strong priority in previous years. According to the Fair Credit Reporting Act, Arizona auto insurance companies, along with other affiliate companies, are allowed to review your credit history through credit history reports.
These companies can do this without the policy holder ever knowing, which helps to determine insurance premium. Accordingly, since Arizona Auto Insurance companies reward those with a higher credit score, as it is believed that those with a higher score are more responsible and will submit less claims and in turn costs the insurance companies less money, all negative comments on credit reports should be looked into ahead of time; try to resolve any of those issues before inquiring about insurance quotes by contact the company or companies with any negative comments on your credit report, then determine what must be done to get them removed. For extreme cases, attorneys who specialize in credit repair are available.
Regardless, Arizona auto insurance is considered a primary responsibility for all vehicle-operators. Insurance has been something that everyone in the United States is required to have when driving a vehicle, and it tends to seem that any increase in population also means an increase in insurance. Insurance in Arizona is regulated by Arizona Department of Insurance, including auto insurance. Here is the 2006 overview:
Arizona Auto Insurance Overview, 2006 Edition
If your insurance company’s ratio of frequency and cost of claims decreases, its customers pay less for their insurance protection. Conversely, if frequency and cost increase, so will the premiums for most customers of that insurance company. Affordable vehicle insurance is a concern for consumers and insurance companies. Typically, the premiums charged for insurance protection is based on the number and cost of the claims paid by the insurance company. Premiums are for claims driven.
Arizona Crash Analysis
The following information was gathered from a variety of government and insurance industry sources. It is designed to help consumers better understand the private passenger auto insurance environment in the Grand Canyon State. All information is the latest available.
Vehicle Crash Data
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Arizona vehicle crashes on public roads increased from 138,547 in 2004 to 139,265 in 2005.
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Those crashes involved 267,768 vehicles, a 2.3% increase over 2004. Insurance claims were filed on another 65,000 vehicles that were damaged in private parking lot collisions.
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There were 4,556,448 vehicles registered for travel on public roads. The equivalent of 1-in-17 was involved in a police-reported crash.
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There were 3,963,005 licensed drivers in Arizona in 2005. The equivalent of 1-in-14.8 was involved in a police-reported crash.
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The economic impact of motor vehicle crashes accounted for $565.48 for every man, woman and child in Arizona.
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Nearly 81% of all crashes involved more than one vehicle, and over 83% occurred in an urban setting.
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There were 1,179 fatalities (815 males, 363 females) including 52 children, 164 pedestrians, 146 motorcyclists and 35 pedacyclists.
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Nearly 70,300 people claimed to be injured in motor vehicle crashes, including 6,069 children, 1,472 pedestrians, 2,460 motorcyclists and 1,345 pedacyclists.
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Hit-and-run drivers caused 16,723 crashes that resulted in 54 deaths and 5,182 injuries.
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There were 7,651 alcohol-related crashes in Arizona that resulted in 233 fatalities and 5,766 injuries.
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Arizona residents were driving in 77.83 percent of all crashes; 69 percent of all fatal crashes, and 79.8 percent of all injury-collisions.
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The most crashes occurred between the hours of 7 and 8 a.m., and 3 and 5 p.m.
Sources: Arizona Department of Transportation Motor Vehicle Division, Insurance Services Office, Arizona Auto Theft Authority, National Insurance Crime Bureau, Federal Highway Administration. [http://www.azinsurance.org/passport.html]
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