Popular Techniques for Buying Chandler, AZ Car Insurance for the Lowest Rate

Are you sick and tired of being strong-armed to insure your vehicles every month? Your situation is no different than millions of other consumers. You have so many insurers to insure vehicles with, and though it is a good thing to have a choice, so many choices can make it hard to locate the cheapest rates.

Consumers need to do rate comparisons periodically because rates are variable and change quite frequently. Even if you got the best price a few years ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the best way to properly buy coverages while reducing your premium.

Lots of discounts mean lots of savings

Companies do not list every available discount very clearly, so we break down some of the more common as well as the least known ways to save on car insurance. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Multi-policy Discount – If you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Payment Method – By paying your policy upfront rather than paying monthly you can actually save on your bill.
  • Seat Belts Save – Requiring all passengers to buckle their seat belts can save 10% or more off your PIP or medical payments premium.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Good Student – A discount for being a good student can get you a discount of up to 25%. The good student discount can last up until you turn 25.
  • Discount for Swiching Early – Some companies give discounts for signing up before your current policy expires. The savings is around 10%.
  • Driver Safety – Taking a course in driver safety could save 5% or more if your company offers it.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

To choose providers with the best car insurance discounts in Arizona, click here.

Components of your insurance rates

Consumers need to have an understanding of the different types of things that come into play when calculating car insurance rates. Knowing what impacts premium levels enables informed choices that can help you get big savings.save money concept

  • How your age affects price – Teen drivers in Arizona tend to be less responsible behind the wheel so they pay higher car insurance rates. If you’ve ever had to add a youthful driver to your car insurance policy can break the bank. Older drivers tend to be more responsible, tend to file fewer claims and receive fewer citations.
  • Your credit rating is important – Your credit score is a huge factor in calculating your car insurance rates. So if your credit score is lower than you’d like, you could potentially save money when insuring your by improving your rating. People with high credit ratings tend to be more responsible than those with poor credit.
  • Men are more aggressive – Statistics demonstrate that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. Women and men are in accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get more serious tickets like DUI and reckless driving.
  • How many coverages with the same company – Most companies will award you with lower prices to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, you still need to compare other company rates to verify if the discount is saving money. You may still be able to find better rates by splitting coverages up.

Ads can be misleading

Arizona consumers get pounded daily by advertisements for cheaper car insurance by companies like State Farm and Allstate. They all seem to make an identical promise of big savings if you switch to them.

How does each company make almost identical claims? It’s all in the numbers.

Insurance companies are able to cherry pick for the type of customer that is profitable for them. An example of a desirable insured could possibly be between 30 and 50, has no driving citations, and drives less than 7,500 miles a year. A customer who meets those qualifications will get the preferred rates and as a result will probably save when switching.

Consumers who don’t measure up to these standards will be charged more money and ends up with business not being written. The ad wording is “people who switch” not “people who quote” save that much. That is how companies can truthfully state the savings. That is why you need to get as many quotes as possible. It’s impossible to know which insurance companies will fit your personal profile best.

More Arizona car insurance information

More tips and info about car insurance can be found at the Arizona Department of Insurance website. Consumers can view agent and company licensing information, find a variety of consumer forms, and get help finding coverage.

Chandler car insurance prices

Affordable insurance is out there

We just presented quite a bit of information on how to shop for car insurance online. The key thing to remember is the more companies you get rates for, the better likelihood of reducing your rate. You may be surprised to find that the lowest priced car insurance comes from a small mutual company. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like Progressive and GEICO.

Cost effective car insurance is available from both online companies in addition to many Chandler insurance agents, so you should be comparing quotes from both to have the best selection. Some companies do not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

As you restructure your insurance plan, never sacrifice coverage to reduce premiums. In many cases, consumers will sacrifice liability limits or collision coverage to discover at claim time that they should have had better coverage. Your focus should be to purchase a proper amount of coverage at an affordable rate.