Cost of auto insurance in Phoenix is determined by many factors. One of the most important is the model of vehicle you own. The higher your vehicle's price, the more you will pay for coverage. Luckily, it's possible to find the cheapest car insurance in Phoenix by shopping around.
Drivers 40 years old and over can expect to pay $1,748 per year in Phoenix. 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.
Drivers who live in areas that are prone to accidents and claims will be charged more by insurance companies. Drivers with excellent driving records and high credit scores could save up to 65%. Requesting a personalized quote is a smart idea.
Your rates can also be affected by your age, gender, and the location of your house. Federal employees and homeowners may be eligible to receive discounts. If you're a military veteran, you can find low rates with USAA. State Farm is a good choice for young drivers.
GEICO Insurance may be the best choice if full coverage is what you need. Their rates are around half of the average national rate, making them the most affordable option for the city. You can also choose from comprehensive, collision, or other liability coverages.
You should investigate how insurance companies calculate premiums when searching for auto insurance in 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. That means that you can save up to $1,134 a year by choosing Progressive.
State Farm is the next most affordable option. Phoenix car insurance costs an average of $1338. State Farm, unlike most car insurance companies in Phoenix, only offers insurance to civilian families.
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. You can also avoid speeding and other dangerous driving offenses to avoid any charges.
If you drive well, your monthly premium will likely be lower than the Phoenix drivers. While there are many factors that can influence your premium, safe driving will usually qualify you for a discount. Your insurer might offer discounts for having a clean driving history or buying a full-coverage policy.
Phoenix Full coverage insurance will provide protection against property damage, and non-collision damage. However it will be more costly than the minimum coverage policy. You might also pay more for your vehicle than you think, so be sure to get the right amount of coverage.