Want to learn a better way to compare cheaper auto insurance rates in Lake Havasu City, AZ? Lake Havasu City consumers have lots of choices when looking for affordable car insurance. They can either waste time contacting agents getting price quotes or save time using the internet to find the lowest rates. There are both good and bad ways to buy auto insurance so you're going to learn the quickest way to price shop coverage for your and locate the best price possible either online or from Lake Havasu City insurance agents.

You need to price shop coverage as often as possible because rates are constantly changing. Even if you think you had the lowest premium rates on auto insurance six months ago you can probably find a better price now. Forget anything you know (or think you know) about auto insurance because I'm going to let you in on the secrets to the quickest way to eliminate unnecessary coverages and save money on auto insurance.

The companies in the list below can provide price quotes in Arizona. To buy cheap auto insurance in Arizona, it's a good idea that you visit several of them to find the lowest car insurance rates.

Insurance Price Estimates for Popular Vehicles in Lake Havasu City
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LTZ $814 $407 $68
Chevrolet Malibu Hybrid $1,008 $504 $84
Chevrolet Silverado LT Crew Cab 2WD $1,368 $684 $114
Dodge Ram Quad Cab Sport 2WD $1,340 $670 $112
Ford Escape XLT 4WD $862 $431 $72
Ford F-150 XLT Super Cab 4WD $690 $345 $58
Ford Focus SE 4-Dr Sedan $788 $394 $66
GMC Sierra SLT Extended Cab 4WD $954 $477 $80
Honda Accord EX-L 4-Dr Sedan $840 $420 $70
Honda CR-V EX-L 2WD $808 $404 $67
Honda Civic DX 2-Dr Coupe $1,170 $585 $98
Jeep Grand Cherokee Laredo 2WD $906 $453 $76
Jeep Wrangler Unlimited Sahara 2WD 4-Dr $1,256 $628 $105
Nissan Altima 2.5 4-Dr Sedan $798 $399 $67
Toyota Camry LE $1,148 $574 $96
Toyota Corolla S $868 $434 $72
Get Your Own Custom Quote Go

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Information does not factor in your specific Lake Havasu City location which can alter insurance rates greatly.

Gender differences in car insurance premiums

The information below shows the difference between car insurance costs for male and female drivers in Lake Havasu City. The information is based on no violations or claims, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied on a Honda Civic SI.

Honda Civic rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Cost comparison with and without full coverage

The chart below visualizes the comparison of Honda Civic insurance costs with and without full coverage. The premiums are based on no claims or driving violations, $100 deductibles, single female driver, and no discounts are factored in.

Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.

Are you wasting money on full coverage?

There is no exact rule of when to exclude comp and collision coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let's pretend your Honda Civic claim settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $6,000 after you pay the deductible. If you are currently paying more than $600 annually for full coverage, then it could be time to drop full coverage.

There are a few situations where eliminating full coverage is not a good idea. If you still have a loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should keep full coverage in place.

Protect more than your vehicle

Despite the high insurance cost in Lake Havasu City, insurance may be required and benefits you in several ways.

The benefits of buying enough insurance greatly outweigh the cost, particularly for liability claims. Today the average American driver is overpaying more than $810 a year so it's very important to do a rate comparison once a year at a minimum to ensure rates are inline.

Why you might not save $477 a year

Arizona consumers can't get away from ads that claim the lowest premium rates from companies such as Progressive, Allstate and GEICO. All the companies say the same thing of big savings if you switch your policy.

But how can every company save you money on car insurance? You have to listen carefully.

All the different companies quote the lowest rates for the type of customer they prefer to insure. For instance, this type of insured might be a female over age 40, owns their home, and has a short commute. A customer who matches that profile receive the lowest rate quotes in Lake Havasu City as well as save some money.

Insureds who fall short of the "perfect" profile must pay higher rates which results in business not being written. If you pay close attention to the ads, they say "drivers that switch" not "everyone who quotes" save the amount stated. This is how insurance companies can make claims like that. Each company has different criteria, so you need to quote coverage with many companies. It's just too difficult to predict which insurance companies will have better prices than you're paying now.

Don't overlook these six insurance discounts

Companies that sell car insurance don't necessarily list every discount very well, so we researched both well-publicized and also the lesser-known credits available to bring down your rates.Insurance discounts

Drivers should understand that many deductions do not apply to the entire cost. Most only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like you can get free auto insurance, you won't be that lucky. Any qualifying discounts will positively reduce your policy premiums.

Larger insurance companies and a summarized list of policyholder discounts are:

Check with all the companies to apply every possible discount. Depending on the company, some discounts may not be available in Lake Havasu City. If you would like to view companies that have a full spectrum of discounts in Arizona, click here.

When to get professional advice

When it comes to coverage, there really is not a "perfect" insurance plan. Every situation is different and your policy should reflect that.Safe vehicles cost less to insure For example, these questions can help discover whether or not you would benefit from an agent's advice.

If you can't answer these questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance policy specifics

Understanding the coverages of a auto insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are typical coverages available from auto insurance companies.

Comprehensive coverage

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a broken windshield, damage from flooding and falling objects. The maximum amount you'll receive from a claim is the market value of your vehicle, so if the vehicle's value is low consider removing comprehensive coverage.

Vehicle Models with the Lowest and Highest Comprehensive Insurance Claims
Lowest Claim Amount Highest Claim Amount
Nissan Leaf Audi S7
Volvo V60 BMW M6
Infiniti QX50 Porsche Panamera GTS
Smart ForTwo Bentley Continental GT
Chevy Spark BMW M6
GMC Sierra 2500 Bentley Continental GTC

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when other motorists are uninsured or don't have enough coverage. Covered losses include injuries to you and your family as well as damage to your vehicle.

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. For this reason, having high UM/UIM coverages is a good idea.

Auto liability

Liability coverage protects you from damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 15/30/10 which stand for $15,000 in coverage for each person's injuries, $30,000 for the entire accident, and a limit of $10,000 paid for damaged property.

Liability coverage protects against things such as structural damage, funeral expenses, repair bills for other people's vehicles and medical services. How much coverage you buy is your choice, but it's cheap coverage so purchase higher limits if possible. Arizona state minimum liability requirements are 15/30/10 but it's recommended drivers buy better liability coverage.

Bodily Injury Liability Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Chevrolet Corvette Kia Rio
Subaru Forester Chevrolet Cruze
Fiat 500 Dodge Charger
Volvo XC60 Kia Optima
Audi A6 Chevrolet Impala
Subaru Outback Hyndai Accent

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for short-term medical expenses for things like surgery, rehabilitation expenses and dental work. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Medical Payment Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Ford F-350 SuperCrew Chrysler 200
Tesla Model S Mitsubishi Mirage
Chevrolet Corvette Hyundai Accent
Ford Expedition Kia Forte
Ford F-250 SuperCrew Mitsubishi Lancer
Chevrolet Silverado 2500 Chevrolet Sonic

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Collision insurance

Collision insurance will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like rolling your car, damaging your car on a curb, sideswiping another vehicle and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Auto Insurance Collision Claims by Vehicle Make and Model
Lowest Claim Amount Highest Claim Amount
GMC Canyon BMW M6
Mini Cooper Bently Continental GT
Smart ForTwo Nissan GT-R
Nissan Xterra Maserati Granturismo
Jeep Wrangler Maserati Ghibli
Ford Edge Bentley Continental Flying Spur

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Smart shoppers get results

When searching for cheap Lake Havasu City car insurance quotes, it's very important that you do not skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice collision coverage and found out when filing a claim that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at an affordable rate and still be able to protect your assets.

Budget-conscious auto insurance can be sourced from both online companies in addition to local insurance agencies, so get free Lake Havasu City car insurance quotes from both of them in order to have the best chance of saving money. Some auto insurance companies may not offer rates over the internet and usually these smaller companies prefer to sell through independent insurance agencies.

You just learned a lot of information how to lower your auto insurance prices in Lake Havasu City. The most important thing to understand is the more providers you compare, the higher your chance of finding inexpensive Lake Havasu City car insurance quotes. You may even discover the biggest savings come from the smaller companies. Some small companies may often insure only within specific states and give getter rates than their larger competitors like State Farm, GEICO and Nationwide.

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