Top 10 tips for finding the right car insurance policy in Arizona

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With elevated gas prices affecting the cost of owning a car, it’s also worth looking into ways to cut other related operating expenses. One place to start is car insurance.

All Arizona driver’s must carry insurance protection, but many people just pick an insurer after they buy their first car and don’t look at the details of the policy for years, which could leave money on the table.

Below are some ways to find the right policy and cut your premiums.

1. Do an annual rate check. Check rates from other companies to make sure you are getting the best deal. As an independent insurance agency, Jackson Insurance Group compares the rates and coverages of over 31 companies every year for you at no extra cost. When you first become a policyholder, you are asked at what percentage of increase (i.e., 1, 3, 5, 10%+) would you like to be contacted to consider a change of company. Longevity discounts may factor into staying with a certain company, rather than jump to a new one for a mere 1-3% savings.

2. Pick a top rated carrier. Third party resources like Consumer Reports surveys readers/subscribers on their auto insurers finds that all rated companies did well, but some were better than others with dealing with claims, payments, and non-claim problems.

3. Maintain good credit. Regularly check your credit score since a low score may impact your premium.

4. Set the right deductible. A higher deductible reduces your premium, but you have to pay more out of pocket in the event of an accident. If you have a good driving record and haven’t had an accident that was your fault, you may want to opt for a higher deductible. The reward for this risk could be up to a 40 percent savings.

5. Review your coverage. Check to make sure you have enough liability coverage for bodily injury and property damage. Over time, costs and risk increase, and so should your coverage. You are protecting your assets in the event of a severe accident that you cause. Simply put, minimal coverage gives you minimal protection.

6. Report reduced mileage. If you’ve changed jobs, are now working at home, or have become unemployed, call your insurer or agency. By driving less, you may qualify for a lower premium.

7. Watch crash repairs. Check to see where your insurer sends you for repairs, as the repair shop may push you to use cheaper replacement parts, rather than original equipment from the manufacturer (OEM parts). Tests have found that non-OEM parts can fit poorly, are more prone to rust, and don’t necessarily meet federal safety standards. Jackson Insurance Group will recommend local repair shops who will treat you right in this regard.

8. Choose the right car. Vehicle damage and the cost for repair is a big part of the price of auto insurance. When looking for a new car, compare the data on collision by vehicle model. The Insurance Institute for Highway Safety (IIHS) has information and losses by vehicle model. Your car dealer should also have a booklet on relative collision insurance cost produced by the National Highway Traffic Safety Administration (NHTSA). Also, estimated insurance fees are part of the owner cost information Consumer Reports provides online for all new models.

9. Beware of scams. Crooks can rip off drivers with staged accidents, which could result in an insurance claim against you. To avoid this unpleasant scenario, follow good driving practices and is you are in a crash, photograph the crash scene (this is critically important) and always call police to report the incident.

10. Take advantage of discounts. Discounts are available for drivers considered to be lower risk (older, married, and/or long safe driving record) or those who take a driver-training course. Anti-theft and certain safety equipment can also reduce your cost. Bundling insurance with auto and home is another option to consider, but check out the total costs with and without combining policies to see which scenario is less expensive.

Jackson Insurance Group will help you discover the discounts you can qualify for.

11 Comments

  1. Alex Jennigns

    Great article, Dave! I’m glad that I stumbled upon it because I’ve been thinking about getting a different auto insurance policy. I think you’re absolutely right: you should maintain a good credit score so you’re more likely to qualify for better rates. I’ll be sure to follow your suggestion by setting the right deductible for my insurance. Thanks for the great tips; you’ve been very helpful!

  2. Jeff Madison

    I appreciate your tip on reporting reduced mileage to an insurance company. I had no idea that driving less could qualify you for lower premiums. My wife and I are looking for a new insurance provider and she just started working from home and now doesn’t drive to work, maybe we should report this when we change providers.

  3. Jeff Madison

    I appreciate your tip on reviewing your insurance coverage. It seems that getting familiar with exactly what is covered by your insurance would be a good way to protect yourself from any damages that may occur. My wife and I are looking for new auto insurance and when we find it we’ll be sure to familiarize ourselves with what it covers.

  4. Linda Prin

    It makes me happy to know that because I pay my car payments and have good credit It can make a difference in getting good insurance. I sometimes wonder if I am the only one who benefits from being honest, and your article tells me that I can think twice about that. Thank you for your positive and helpful tips on how to get the best auto insurance rates.

  5. Megan Earl

    These are awesome tips for anyone looking for car insurance. My husband just bought a car and we are thinking that now would be a good time to switch insurance policies. I loved your last tip about taking advantage of discounts. I had no idea that discounts were available for married people. That’s good to know!

  6. Tobias Armstrong

    I like how you noted that the right car can make a difference in how much you’re paying for insurance. A lot of times I feel like this is something that gets overlooked and people are surprised that insurance can be so much. Knowing more is never a bad thing. Thanks for sharing.

  7. Sarah Smith

    I’m looking to get new car insurance. Thanks for the advice about how should maintain a good credit score since a good score will lower your payments. Something else to do is combine insurances so that you can save more money overall.

  8. James Jonathon

    There are some tricks to picking the right policy for auto insurance. I have a good driving record and haven’t had any accident that was my fault. So, I can seek for a higher deductible. I am thankful to you for this info will help me and others.

  9. Dennis Sanchez

    You mentioned that you should consider what kind of mileage you are using every year, to know what kind of coverage is necessary. My brother is getting car insurance, as he just purchased a new car. I’ll make sure he knows how much he has driven in the past year, as that could help determine what kind of coverage he’ll need to get.

  10. Luke Smith

    I like your advice about setting the right deductible for your situation. You make a really good point about how a high deductible reduces your premium but could end up with you paying more out of pocket. I would imagine that it would also be helpful to work with an agent to compare different options.

  11. Sarah Smith

    My husband and I are trying to buy car insurance. I had no idea a higher deductible reduces your premium as it could save you up to 40 percent. Another thing to consider is to get an insurance agent that has good reviews. That way, you know that you can trust them.

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