How many times have you said it's time to compare more affordable auto insurance rates in Phoenix, AZ? Finding low cost rates for auto insurance could be slightly frustrating for drivers who are new to buying insurance online. With so many options of insurers to choose from, it can easily become a challenge to find the best rates.

Astonishing but true, over 70% of consumers have remained with the same auto insurance company for four years or more, and virtually 40% of consumers have never compared rates to find cheap insurance. Many consumers in Arizona can cut their rates by as much as 50% a year by just comparing rate quotes, but most just don't grasp the large savings they would see if they switched to a more affordable policy.

Buying the cheapest auto insurance in Phoenix is not rocket science. If you have auto insurance now, you will definitely be able to find the best rates using the techniques covered below. But Arizona vehicle owners need to learn the way insurance companies price insurance differently.

These discounts can lower auto insurance rates

Car insurance companies don't always publicize all discounts in an easy-to-find place, so the list below details a few of the more well known as well as some of the hidden credits available to bring down your rates. If they aren't giving you every credit available, you are not getting the best rate possible.Auto insurance discounts

We need to note that most discount credits are not given to the entire cost. A few only apply to individual premiums such as liability and collision coverage. Despite the fact that it seems like all the discounts add up to a free policy, it just doesn't work that way.

A few of the larger companies and some of the premium reductions they offer are:

If you are trying to find affordable Phoenix auto insurance quotes, ask all companies you are considering to give you their best rates. Depending on the company, some discounts might not be offered in every state. For a list of auto insurance companies that have a full spectrum of discounts in Arizona, click here to view.

How to shop car insurance online

When comparing car insurance rates, know that comparing more quotes helps improve the odds of finding more affordable insurance. Some companies don't provide rate quotes online, so you need to compare rates from the smaller companies as well.

The companies shown below offer free quotes in Phoenix, AZ. To get cheap auto insurance in Phoenix, we recommend you visit two to three different companies to get the best price comparison.

Insurance Price Estimates for Popular Vehicles in Phoenix
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LT Crew Cab 2WD $1,190 $595 $99
Dodge Ram Crew Cab Laramie 2WD $830 $415 $69
Ford Escape XLS 4WD $768 $384 $64
Ford F-150 Lariat Super Cab 4WD $1,066 $533 $89
Ford Focus SE 4-Dr Sedan $788 $394 $66
Honda Accord EX 4-Dr Sedan $868 $434 $72
Honda CR-V EX-L 2WD $926 $463 $77
Honda Civic LX 4-Dr Sedan $852 $426 $71
Hyundai Elantra GLS 4-Dr Sedan $1,272 $636 $106
Jeep Grand Cherokee Limited 2WD $874 $437 $73
Jeep Wrangler Sport 4WD 2-Dr $846 $423 $71
Nissan Altima Hybrid 4-Dr Sedan $982 $491 $82
Toyota Camry SE $842 $421 $70
Toyota Corolla S $1,076 $538 $90
Toyota RAV4 Sport 4WD $696 $348 $58
Volkswagen Jetta LE 4-Dr Sedan $824 $412 $69
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Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Premium amounts do not factor in specific Phoenix garaging location which can impact insurance rates greatly.

Liability-only versus full coverage

The illustration below shows the comparison of Chevrolet Silverado annual premium costs with full coverage compared to only the Arizona minimum liability coverage. The rate quotes are based on no claims or driving citations, $500 deductibles, married female driver, and no additional discounts are factored in.

Chevrolet Silverado rates are for example purposes only. To get rates for your specific vehicle, click here.

When to drop full coverage

There is no definitive rule that is best for determining when to drop full coverage, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let's pretend your Chevrolet Silverado claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after paying your deductible. If it's costing in excess of $800 annually for physical damage coverage, then you may need to consider dropping full coverage.

There are some situations where eliminating full coverage is not recommended. If you haven't satisfied your loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.

Learn how to quote insurance for less

Many things are taken into consideration when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are not as apparent such as your credit history and annual miles driven.

Tailor your insurance coverage to you

When it comes to choosing coverage online or from an agent for your personal vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.Drive safe and save

Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

If you can't answer these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Compare prices but buy from a neighborhood Phoenix auto insurance agent

A small number of people still like to talk to an insurance agent and often times that is recommended The biggest benefit of comparing car insurance online is that you can find the lowest rates and also buy local.

Insurance agents in PhoenixAfter filling out this short form, your coverage information gets sent to participating agents in Phoenix that provide free Phoenix auto insurance quotes and help you find cheaper coverage. You never need to contact any agents because prices are sent directly to you. You can find lower rates AND a local agent. In the event you want to get a comparison quote for a specific company, feel free to find their quoting web page and fill out their quote form.

Finding the right insurance company requires more thought than just a low price. Ask your prospective agent these questions:

The following are Phoenix auto insurance companies who can help you get rate quotes.

View more Phoenix agents

Upon getting answers to your satisfaction to any questions you may have and locked in a price quote, you may have found an insurer that meets the requirements to service your policy.

Car insurance is an important decision

Despite the high cost of buying insurance in Phoenix, car insurance serves a purpose in several ways.

The benefits of having insurance outweigh the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is wasting up to $800 each year so you should quote and compare rates once a year at a minimum to make sure the price is not too high.

Cheap insurance premiums are possible

You just read many ideas to save on insurance in Phoenix. The key concept to understand is the more providers you compare, the higher your chance of finding the cheapest Phoenix auto insurance quotes. Drivers may even discover the lowest rates come from a small local company.

Insureds who switch companies do it for many reasons like high prices, being labeled a high risk driver, lack of trust in their agent or even policy cancellation. Whatever your reason, finding a new insurance company can be pretty painless.

While you're price shopping online, you should never buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed collision coverage only to discover later they didn't purchase enough coverage. Your aim should be to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

More detailed insurance information can be found in the articles below: