Arizona Auto Insurance Survival Guide:
How to Find the Best Rate
Finding affordable Arizona car insurance rates can be a challenge, especially for new drivers, but it is possible to save money on car insurance. Here are some simple tips.
Join a Family Member’s Policy
New drivers with a short driving history can have steep insurance rates. However, if you join a family member’s auto insurance policy, it will be significantly cheaper than having your own individual coverage. Your rates will be lower because you are joining a policy that already has a driving record and a history with the company. This may also get you and the family member that you are sharing the policy with a multi-car discount, especially if the plan already has 2 cars on it.
Take a Driving Course
Taking a defensive driving course can not only help you avoid a collision, but it could shave dollars off of your auto insurance payment. Insurance companies want to insure people that are proactive and well-informed and a course like this could get you a discount. Some courses can even be taken online.
Keep Grades Up
Teenage drivers have some of the highest auto insurance rates, but these rates can be reduced if you are a good student. Keeping a grade average of at least a B can get you a discount.
Have You Served in the Military?
Active and retired military can often receive a discount on their car insurance. This is not always an option and it is not something that many people think of, so it can be easily overlooked. If you are eligible for this discount, make sure you choose an insurance company that allows you to take advantage of this discount.
Tell Them How Much You Drive
If you don’t spend a lot of time driving, and you mainly just drive to and from work, you are not as high of a risk for an automobile accident. Your car also needs less maintenance. This could get you a discount with some insurance companies.
Choose a High Deductible
The higher your deductible is, the lower your monthly car insurance payment will be. This can be an easy way to cut down your monthly costs.
Buy More Than One Insurance
If you purchase your car insurance from the same company that you get your home owner’s insurance or health insurance from, you can receive a discount of up to 15%. It also makes things simpler for you because you will only be doing business with one company.
Is Your Car Secured?
Having some sort of anti-theft device like an alarm system on your car makes it more difficult to steal, which can make your monthly auto insurance more affordable.
Do You Own Your Car?
If you own your car, chances are that your insurance rates will be lower than if you were still paying off your car.
Don’t Buy a Flashy Car
As much as you might like that shiny red sports car, it will cost you more money than a more simple car in a different color. Expensive cars, like sports cars cost more to insure, and people with red cars tend to speed more. Both of these factors could make your car insurance more expensive.
How’s Your Credit?
Some insurance companies take a look at your credit card rating, so this may be a factor in your choice of insurance company. Many companies will penalize you heavily for having a credit score less than 600. Insurance companies have found that people with bad credit are much more likely to default on their premiums and require significant cost through collections to recover their money.
Compare Plans
Don’t rely on the company with the best commercials on TV or the one that your neighbors use. Checking them all out for yourself is much simpler with websites that do all the work for you. By entering a few pieces of information, you will be able to receive competing quotes from multiple insurers. This will allow you to choose the policy that fits your lifestyle the best.
There are a lot of factors that determine your car insurance rate, which can make buying Arizona car insurance complicated and frustrating. However, it will be worthwhile to evaluate all of these factors and compare companies to find the best fit for you. It could save you hundreds of dollars.