Save Money on Tempe Arizona Auto Insurance Rates in Five Minutes

Are you a victim of an overpriced auto insurance policy? Trust us, you’re not alone.

Drivers have so many auto insurance companies to choose from, and even though it’s nice to be able to choose, lots of choices makes it harder to find the lowest cost provider.

It’s a good idea to price shop coverage yearly because rates change frequently. Even if you think you had the lowest price last year you may be paying too much now. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to one of the best ways to properly buy coverages while reducing your premium.

Finding the cheapest auto insurance coverage in Tempe is simple if you know the tricks. Essentially everyone who buys auto insurance will be able to save money. But Arizona consumers need to learn how insurance companies price online insurance and take advantage of how the system works.

More discounts equal less premium

Properly insuring your vehicles can get expensive, but you can get discounts that many people don’t even know exist. A few discounts will automatically apply at quote time, but some must be specially asked for before being credited.

  • Accident Free – Good drivers with no accidents pay less when compared with frequent claim filers.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Sign Early and Save – A few companies offer discounts for buying a policy prior to your current policy expiration. It can save you around 10%.
  • Homeowners Discount – Being a homeowner can save you money because of the fact that having a home is proof that your finances are in order.
  • Discount for Life Insurance – Some companies give lower rates if you buy auto and life insurance together.

Consumers should know that some of the credits will not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, auto insurance companies aren’t that generous. But all discounts will help reduce the amount you have to money image

How to Get Cheap Auto Insurance in Tempe, Arizona

When shopping for auto insurance there are multiple ways of comparing rate quotes from local in Tempe, Arizonaauto insurance companies. The best way to find competitive insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in a couple of different ways.

  1. Probably the best way to find low rates is to use a rate comparison form click to view form in new window. This type of form keeps you from doing repetitive form submissions for every auto insurance company. Taking the time to complete one form will get you rate comparisons from many national carriers.
  2. A slightly less efficient method to find lower rates requires you to visit the website of each company and fill out their own quote form. For examples sake, let’s assume you want rates from Liberty Mutual, Farmers and Progressive. To get each rate you have to spend time on each company’s site to input your insurance information, which is why most consumers use the first method. To view a list of companies in Tempe, click here.

It’s up to you which method you use, but ensure you’re using identical coverage limits and deductibles with every price quote. If you use mixed coverages you can’t possibly find the best deal in Tempe. Quoting even small variations in coverage limits can make a big difference in price. Just remember that obtaining a wide range of quotes helps you find better pricing.

Make smart decisions and save

Smart consumers have a good feel for some of the elements that go into determining your auto insurance rates. Knowing what impacts premium levels enables informed choices that will entitle you to much lower annual insurance costs.

  • Don’t sacrifice liability coverage – Liability coverage provides coverage when a court rules you are at fault for personal injury or accident damage. Liability provides legal defense coverage starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • A lapse in coverage is a bad thing – Allowing your auto insurance policy to lapse will be a fast way to bump up your auto insurance costs. Not only will rates go up, but being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license.
  • Better credit scores mean better rates – A driver’s credit score is a huge factor in determining your rates. If your credit is lower than you’d like, you could save money insuring your by improving your rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit.
  • You might want pay the small claims yourself – Companies in Arizona provide lower rates to people who do not rely on their insurance for small claims. If you file claims often, you can expect either a policy non-renewal or much higher rates. Auto insurance is designed for major claims that would cause financial hardship.
  • Increase deductibles and save – The deductibles define the amount you are required to spend before a claim is paid by your company. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply are running into the backend of another car, damage caused by hail, and rolling your vehicle. The more expense you are required to pay out-of-pocket, the less your auto insurance will be.

Auto insurance myths debunked

Companies like State Farm, Allstate and GEICO constantly bombard you with television and radio advertisements. All the ads make the same claim that you’ll save big if you switch to their company. How does each company make the same claim? It’s all in the numbers.

Different companies are able to cherry pick for the type of customer that earns them a profit. A good example of a preferred risk could be a mature driver, insures multiple vehicles, and has excellent credit. A customer who meets those qualifications will qualify for the lowest rates and most likely will save quite a bit of money when switching.

Potential customers who don’t meet these standards will be quoted a higher premium which usually ends up with business going elsewhere. The ads say “people who switch” not “people who quote” save that much. This is how companies can truthfully claim big savings.

This emphasizes why drivers should get a wide range of price quotes. You cannot predict which insurance companies will fit your personal profile best.

insurance quote Tempe

Keep this in mind

The cheapest auto insurance can be bought online in addition to many Tempe insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies do not provide online price quotes and these smaller companies work with independent agents.

Throughout this article, we presented many ideas to compare auto insurance prices online. The key thing to remember is the more companies you get rates for, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from some of the smallest insurance companies. These companies may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

Additional auto insurance information can be found on the website for the Arizona Department of Insurance through this link. Arizona drivers can view a list of available companies, find a variety of consumer forms, find out which companies have the most complaints, and discover disciplinary actions.