There are several factors that determine the cost of auto insurance in Phoenix. One of the most important is the model of vehicle you own. The coverage you need will be more costly if your vehicle costs more. You can shop around to find the best Phoenix car coverage.
Phoenix drivers aged 40-plus can expect to be paid an average $1,748 annually. This rate is substantially lower than the $2.534 they will pay in other parts. Your premium will also be affected by the make and model of your vehicle as well as your driving record.
Insurance companies will sometimes charge higher premiums for drivers who live near areas where there are more accidents or claims. Drivers with good driving records and good credit scores can save up to 65 percent. Requesting a customized quotation is a smart move.
Rates can be affected by more than just gender and age. Credit score and location could also have an impact. You may qualify for discounts if you're a homeowner or federal employee. USAA can offer low rates to military veterans. State Farm is a good choice 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. They also offer a variety of coverage options, including comprehensive, collision, and other liability policies.
You should investigate how insurance companies calculate premiums when searching for auto insurance in Phoenix. Each company uses its own formula. For example, Progressive's formulas use a driver's age and driving history to determine how much they'll pay for coverage. That means that you can save up to $1,134 a year by choosing Progressive.
State Farm is the next-cheapest option. For your Phoenix car insurance, you'll be paying an average of $13,338. State Farm, unlike most car insurance companies in Phoenix, only offers insurance to civilian families.
You can expect your rates to rise significantly if you are convicted of reckless or at-fault driver. If you are convicted of DUI or another driving offense, your premium could rise to $934 per year. Avoid speeding or engaging in other dangerous behavior to avoid any criminal charges.
You should have a good driving record so your monthly premium is lower than that of other Phoenix drivers. While there are many factors that can influence your premium, safe driving will usually qualify you for a discount. You may be eligible for discounts depending on which insurer you choose.
Phoenix's full coverage insurance covers you from property damage as well as non-collision damages. However, this policy will cost you more than the minimum. Your premium could be higher than the car's value, so make sure you get the right coverage.