Remarkably, a study showed that most auto insurance buyers in Arizona kept their policy with the same company for at least four years, and virtually 40% of consumers have never quoted auto insurance rates at all. American insurance shoppers could save up to $850 each year by just shopping around, but most just don’t grasp how much they could save if they just switched companies.
The most effective way to get more affordable auto insurance rates in Tucson is to regularly compare price quotes from insurance carriers who sell insurance in Arizona.
First, spend a few minutes and learn about policy coverages and the steps you can take to prevent expensive coverage. Many factors that increase rates like distracted driving and a low credit rating can be controlled by making lifestyle changes or driving safer. This article provides additional tips to help prevent costly coverage and get additional discounts.
Second, get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agents can quote prices for many different companies.
Third, compare the quotes to your existing rates to see if you can save by switching companies. If you find a lower rate quote and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, give notification to your agent or company of your decision to cancel the current policy. Submit payment and a completed application for your new policy. When you receive it, safely store the certificate of insurance with your registration paperwork.
One important bit of advice is that you’ll want to compare the same amount of coverage on every quote and and to get prices from as many companies as possible. This ensures a fair rate comparison and a thorough price selection.
Lower your auto insurance rates with these seven discounts
Insurance can be prohibitively expensive, but there are discounts available that you may not even know about. Many discounts should be triggered at quote time, but some may not be applied and must be specially asked for before you will receive the discount. If you’re not getting every credit you deserve, you could be getting lower rates.
- Discounts for Federal Employees – Federal government employees could provide a small rate reduction with certain companies.
- 55 and Retired – Drivers over the age of 55 can get reduced rates.
- No Claims – Claim-free drivers can earn big discounts in comparison with frequent claim filers.
- Passive Restraint Discount – Factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.
- Good Driver Discount – Insureds who avoid accidents could pay up to 40% less than drivers with accidents.
- Save with More Vehicles Insured – Having multiple cars on the same auto insurance policy can reduce the rates for all insured vehicles.
- Use Seat Belts – Using a seat belt and requiring all passengers to buckle up may be able to save a few bucks off the medical payments premium.
A quick disclaimer, most of the big mark downs will not be given to all coverage premiums. A few only apply to the cost of specific coverages such as comp or med pay. Just because you may think it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
A partial list of companies that may include these discounts possibly include:
If you are trying to find inexpensive Tucson car insurance quotes, ask every insurance company to apply every possible discount. Some of the earlier mentioned discounts may not be available in every state. To locate providers that provide some of the discounts listed above in Arizona, click here to view.
Auto insurance 101
Understanding the coverages of a auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP reimburse you for bills for rehabilitation expenses, nursing services, hospital visits, X-ray expenses and doctor visits. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible
This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims like hitting a mailbox, sideswiping another vehicle, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible on your Soul EV to get cheaper collision coverage.
Coverage for liability
Liability coverage can cover damage or injury you incur to people or other property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 15/30/10 that means you have a limit of $15,000 per injured person, a per accident bodily injury limit of $30,000, and $10,000 of coverage for damaged property.
Liability coverage protects against claims like repair costs for stationary objects, structural damage and emergency aid. How much liability should you purchase? That is up to you, but you should buy as much as you can afford. Arizona state law requires minimum liability limits of 15/30/10 but drivers should carry higher limits.
The illustration below demonstrates why low liability limits may not be enough.
Uninsured/Underinsured Motorist (UM/UIM)
Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many Arizona drivers only purchase the least amount of liability that is required (15/30/10 in Arizona), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
This covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as hitting a deer, hail damage, a tree branch falling on your vehicle, damage from flooding and falling objects. The highest amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Get the best coverage at the best price
We just showed you some good ideas how you can compare Kia Soul EV insurance auto insurance rates in Tucson. The most important thing to understand is the more price quotes you have, the better your comparison will be. Consumers may even find the lowest auto insurance rates are with a lesser-known regional company.
A few companies may not provide online rate quotes and most of the time these smaller providers only sell through local independent agents. Low-cost Kia Soul EV insurance in Tucson can be sourced from both online companies and also from your neighborhood Tucson agents, so you need to compare both in order to have the best price selection to choose from.
Insureds switch companies for a variety of reasons including denial of a claim, unfair underwriting practices, not issuing a premium refund and even high prices. No matter why you want to switch, finding a new company can be pretty painless.
More information is located at these links:
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- How Much is Auto Insurance for a Company Car in Tucson? (FAQ)
- What Auto Insurance is Cheapest for a Toyota Tacoma in Tucson? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Safe Drivers in Tucson? (FAQ)
- How Much are Tucson Auto Insurance Rates for College Students? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Low Credit Scores in Tucson? (FAQ)
- Smart Auto Insurance Tips (Insurance Information Institute)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Side Impact Crash Tests (iihs.org)
- Older Drivers FAQ (iihs.org)