The cost of auto insurance Phoenix depends on many factors. The most important thing is what type of vehicle you have. You will have to pay more for coverage if your vehicle is more expensive. Luckily, it's possible to find the cheapest car insurance in Phoenix by shopping around.
Phoenix drivers aged 40-plus can expect to be paid an average $1,748 annually. This is significantly lower than the $2,534 drivers will pay elsewhere in the country. Your premium is affected by your vehicle's model, your age, and your driving history.
High-risk drivers will typically be quoted higher rates by insurers if they live in an area with high numbers of claims or accidents. Drivers who have good driving records and excellent credit scores may be able to save as much as 65 percent. It is a good idea for drivers to request a custom quote.
Your rates can also be affected by your age, gender, and the location of your house. There may be discounts for homeowners and federal employees. If you're a military veteran, you can find low rates with USAA. State Farm may be a better option for young drivers.
If you are looking for the cheapest full coverage insurance in Phoenix, you may want to consider GEICO. They offer the best value in Phoenix with rates that are half the national average. They offer several coverage options, including comprehensive, accident, and other liability insurance.
You should investigate how insurance companies calculate premiums when searching for auto insurance in Phoenix. Each company has its own formula. Progressive's formulas take into account driver's age and driving records to determine how much coverage they will need. Progressive can help you save as much as $1,134 per year.
The next cheapest option is State Farm. For your Phoenix car insurance, you'll be paying an average of $13,338. 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. If you avoid speeding or other dangerous actions, you could avoid any charges.
Your monthly premium will be lower if your driving record is clean. Although many factors can affect your premium, there is usually a discount for safe driving. Depending on the insurer, you may also receive discounts for having a clean driving record or purchasing a full coverage policy.
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. You might also pay more for your vehicle than you think, so be sure to get the right amount of coverage.