Do you want to save money by buying lower-priced auto insurance rates in Phoenix, AZ? Phoenix shoppers have options when shopping for the lowest priced Chevy Camaro insurance. They can either waste time struggling with agents to compare prices or leverage the internet to compare rates.
There are both good and bad ways to compare auto insurance rates and we’ll show you the best way to get price quotes on a Chevy and get the best price possible either online or from Phoenix insurance agents.
Most major insurance companies allow consumers to get coverage price quotes on the web. Doing online quotes for Chevy Camaro insurance in Phoenix is fairly straightforward as you just type in the amount of coverage you want into a form. Upon sending the form, their system automatically orders your driving and credit reports and quotes a price based on these and other factors.
This makes comparing rates easy, and it is imperative to get many rate quotes in order to find the lowest payment.
In order to find out what other companies charge, consider comparing rates from the companies shown below. If you have coverage now, it’s recommended you duplicate the insurance coverages exactly as they are listed on your policy. Using the same limits helps guarantee you are getting a fair comparison based on identical coverages.
The car insurance companies shown below are ready to provide free quotes in Arizona. If the list has multiple companies, we recommend you compare several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Table data does not factor in your specific Phoenix location which can lower or raise premium rates significantly.
Should you buy full coverage?
The illustration below shows the comparison of Chevrolet Camaro car insurance rates when comparing full coverage to liability only. The premiums assume no claims or driving violations, $1,000 deductibles, single male driver, and no discounts are taken into consideration.
When to drop full coverage
There is no definitive guideline to exclude physical damage insurance, but there is a general guideline. If the annual cost of having full coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let’s say your Chevrolet Camaro replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after paying your deductible. If you are currently paying more than $200 annually for physical damage coverage, then it might be time to buy liability only.
There are a few situations where dropping full coverage is not advised. If you still owe money on your vehicle, you have to carry full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should keep full coverage.
Don’t overlook these eight Chevy Camaro insurance discounts
Some insurers do not advertise their entire list of discounts very well, so the next list breaks down some of the best known and the harder-to-find credits that may apply to you.
- Military Rewards – Being on active duty in the military can result in better prices.
- New Car Discount – Buying car insurance coverage on a new vehicle can cost up to 25% less since new vehicles have better safety ratings.
- Theft Deterrent Discount – Vehicles that have factory alarm systems and tracking devices help deter theft and earn discounts up to 10% off your Phoenix auto insurance quote.
- ABS Braking Discount – Cars and trucks with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
- Discounts for Cautious Drivers – Safe drivers may save up to 50% more than drivers with accidents.
- Phoenix Homeowners Discount – Being a homeowner can save a few bucks due to the fact that maintaining a home is proof of financial responsibility.
- Memberships – Being a member of specific professional or occupational memberships or organizations can get you a small discount on car insurance.
- Defensive Driver – Successfully completing a defensive driving course could cut 5% off your bill and make you a better driver.
As a footnote on discounts, most of the big mark downs will not be given to all coverage premiums. Most only cut specific coverage prices like medical payments or collision. Even though the math looks like adding up those discounts means a free policy, companies don’t profit that way.
Insurance companies that may offer policyholders these benefits include:
It’s a good idea to ask each insurance company what discounts are available to you. A few discounts might not be available to policyholders in Phoenix. To locate insurance companies who offer free Chevy Camaro insurance quotes in Arizona, click this link.
Three reasons to insure your Camaro
Despite the fact that car insurance is not cheap in Phoenix, maintaining insurance may not be optional for several reasons.
- The majority of states have minimum mandated liability insurance limits which means you are required to carry a minimum amount of liability coverage if you want to drive legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Camaro with a loan, it’s most likely the lender will require you to have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender may insure your Chevy at a more expensive rate and force you to reimburse them for the much more expensive policy.
- Insurance protects not only your vehicle but also your financial assets. It also can pay for medical transport and hospital expenses incurred in an accident. Liability insurance will also pay attorney fees if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your Camaro greatly outweigh the cost, particularly when you have a large claim. An average driver in America is currently overpaying as much as $865 each year so you should quote rates at every renewal to be sure current rates are still competitive.
Do I need a local insurance agent?
Certain consumers just prefer to buy from a licensed agent and doing that can be a smart decision Experienced insurance agents can make sure you are properly covered and help you file claims. The best thing about comparing insurance prices online is you may find better rates but also keep your business local. And providing support for local agents is still important in Phoenix.
After completing this simple form, the coverage information is submitted to companies in Phoenix that can give you free Phoenix auto insurance quotes for your coverage. It’s much easier because you don’t need to find an agent on your own because prices are sent straight to your inbox. If you have a need to get a price quote from one company in particular, feel free to navigate to their website and submit a quote form there.
Exclusive agents vs. Independent agents
When looking for a reputable insurance agent or broker, you should know the types of agencies and how they work. Agencies in Phoenix may be either independent agents or exclusive agents. Both types can write auto insurance policies, but it is important to understand the difference between them since it can impact the type of agent you choose.
Independent Agencies or Brokers
Independent insurance agents are not locked into one company so they can insure your vehicles with lots of companies and possibly get better coverage at lower prices. To move your coverage to a new company, your policy is moved internally and you don’t have to switch agencies.
If you are comparing rate quotes, you should always get rate quotes from a few independent agents for the best price selection. They also have the ability to place coverage with additional companies that you may not be familiar with who may have lower rates.
The following is a partial list of independent insurance agents in Phoenix who may provide free auto insurance quotes.
- General Southwest Insurance Agency
5628 E Thomas Rd – Phoenix, AZ 85018 – (480) 990-1900 – View Map
- American Premier Insurance Agency
16815 S Desert Foothills Pkwy #140 – Phoenix, AZ 85048 – (480) 423-3444 – View Map
- MiniCo Insurance Agency, LLC
10851 N Black Canyon Hwy #200 – Phoenix, AZ 85029 – (800) 528-1056 – View Map
Exclusive Insurance Agents
These type of agents have only one company to place business with and examples are Allstate, Farmers Insurance or State Farm. These agents are unable to give you multiple price quotes so you need to shop around if the rates are high. They are usually well trained on the products they sell and that enables them to sell even at higher rates. Consumers sometimes purchase coverage from exclusives primarily because of loyalty to the company rather than low rates.
Shown below are Phoenix exclusive agents willing to provide rate quotes.
- Marcella Busto – State Farm® Insurance Agent
3401 N 32nd St B – Phoenix, AZ 85018 – (602) 955-5450 – View Map
- State Farm: Lynn Hennessy
4645 E Chandler Blvd #110 – Phoenix, AZ 85048 – (480) 759-0203 – View Map
- John Abercrombie III – State Farm Insurance Agent
7207 N 7th St – Phoenix, AZ 85020 – (602) 906-0299 – View Map
Choosing an car insurance agent should depend on more than just a cheap price. Ask your prospective agent these questions:
- Is their price quote a firm figure or are their hidden costs?
- How much can you save by raising your physical damage deductibles?
- Will the agent or a CSR service your policy?
- Do you qualify for any additional discounts?
- How many years of experience in personal auto insurance do they have?
- How are claims handled?
- When do they do policy reviews?
- Are claims handled at the agent’s location?
Car insurance coverages for a Chevy Camaro
Learning about specific coverages of a auto insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.
Medical costs insurance
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for X-ray expenses, ambulance fees and nursing services. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Comprehensive or Other Than Collision
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like falling objects, hitting a bird, theft, a tree branch falling on your vehicle and hitting a deer. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Chevy Camaro.
Since many Arizona drivers only carry the minimum required liability limits (Arizona limits are 15/30/10), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Collision coverage covers damage to your Camaro from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like scraping a guard rail, rolling your car, hitting a parking meter and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible on your Camaro in order to get cheaper collision rates.
Coverage for liability
This will cover damages or injuries you inflict on a person or their property by causing an accident. It protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.
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 means $15,000 in coverage for each person’s injuries, $30,000 for the entire accident, and property damage coverage for $10,000. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage protects against claims such as repair bills for other people’s vehicles, bail bonds, medical expenses, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford. Arizona requires drivers to carry at least 15/30/10 but drivers should carry more liability than the minimum.