There are several factors that determine the cost of auto insurance in Phoenix. The most important thing is what type of vehicle you have. The more expensive your vehicle is, the more you'll have to pay for coverage. You can find the lowest cost car insurance in Phoenix if you shop around.
Drivers 40 years old and over can expect to pay $1,748 per year in Phoenix. This rate is far lower than the $2.534 they'll be paying in other parts. Your premium is affected by your vehicle's model, your age, and your driving history.
Drivers who are involved in a lot of accidents or claim will usually be charged higher by their insurers. Drivers with excellent driving records and high credit scores could save up to 65%. It's a good idea to request a customized quote.
Your rates will be affected by other factors than your gender and age. A homeowner or federal employee may qualify for discounts. USAA has very low rates for military veterans. State Farm and other insurance companies may offer better rates for new or young drivers.
GEICO Insurance may be the best choice if full coverage is what you need. Their rates are roughly half of what the national average is, making them one of the most affordable options in the city. You can also choose from comprehensive, collision, or other liability coverages.
When you're searching for the cheapest auto insurance in Phoenix, you should look into how the insurers calculate the premiums. Each company has its own formula. Progressive's formulas, for example, consider driver's driving record and age to determine the amount they will pay for insurance. That means that you can save up to $1,134 a year by choosing Progressive.
State Farm is next in price. Phoenix residents will pay on average $1,338 per year for car insurance. Unlike most other car insurance companies, State Farm only provides insurance for civilian families.
Your rates will increase if your driving record includes reckless or at-fault driving. If you are convicted for DUI or any other driving offense, your premium can go up to $934 per annum. Avoid speeding or engaging in other dangerous behavior to avoid any criminal charges.
On the other hand, if you have a clean driving record, your monthly premium should be lower than other Phoenix drivers. Although there are many factors that influence your premium, you can usually get a discount for safe driving. Your insurer might offer discounts for having a clean driving history or buying a full-coverage policy.
Phoenix full coverage insurance will cover you for property damage and non collision damages. However, it will cost more 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.