Do you want lower-priced Chrysler PT Cruiser insurance in Phoenix? High-priced car insurance in Phoenix can empty your savings and require stricter spending habits. Performing a price comparison is recommended to cut your insurance bill.
It’s astonishing, but most car insurance policyholders have purchased from the same company for four years or more, and about 40% of consumers have never shopped around. Many drivers in Phoenix can save up to $700 each year, but they don’t believe the large savings they would see if they bought a different policy.
Vehicle owners have so many insurers to purchase coverage from, and though it is a good thing to have a choice, so many choices can make it hard to find the best rates for your vehicles.
Low-cost companies for Chrysler PT Cruiser insurance
The car insurance companies shown below are ready to provide price quotes in Arizona. If multiple companies are shown, it’s highly recommended you visit several of them to find the most competitive car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|PT Cruiser 2WD 4-Dr||$176||$326||$244||$14||$74||$834||$70|
|PT Cruiser 2WD 4-Dr||$156||$266||$240||$14||$72||$748||$62|
|Get Your Own Custom Quote Go|
Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rates do not factor in vehicle location which can lower or raise insurance rates considerably.
Full coverage rates compared to liability-only
The information below visualizes the comparison of Chrysler PT Cruiser insurance prices with and without physical damage coverage. The rate quotes are based on no claims, a clean driving record, $250 deductibles, single male driver, and no discounts are applied.
Should you buy full coverage or liability only?
There is no set guideline to stop paying for full coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s assume your Chrysler PT Cruiser replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $7,000 after paying your deductible. If it’s costing in excess of $700 annually to have full coverage, then you might want to consider buying only liability coverage.
There are a few cases where dropping full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.
Annual premiums for males versus females
The example below illustrates the comparison of Chrysler PT Cruiser annual premium costs for male and female drivers. The premium estimates are based on no claims or driving violations, full physical damage coverage, $250 deductibles, marital status is single, and no discounts are taken into consideration.
Do you qualify for these nine discounts?
Some insurers don’t necessarily list every policy discount in a way that’s easy to find, so the list below gives a summary of some of the more common and the more hidden discounts that you can inquire about if you buy Phoenix car insurance online.
- Multi-Vehicle Discounts – Drivers who insure multiple cars or trucks on a single policy could earn a price break for each car.
- Club Memberships – Belonging to a qualifying organization is a simple method to lower premiums when getting a Phoenix car insurance quote.
- No Claim Discounts – Insureds who avoid accidents and claims can earn big discounts in comparison to accident-prone drivers.
- Onboard Data Collection – Drivers that enable their auto insurance company to analyze driving patterns by using a telematics device in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they exhibit good driving behavior.
- Government Employees – Active or former government employment can earn a discount up to 10% depending on your auto insurance provider.
- Active Service Discounts – Having an actively deployed family member may lower your auto insurance rates slightly.
- ABS and Traction Control Discounts – Vehicles that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.
- Bundled Policy Discount – If you have multiple policies and insure them both with the same insurance company you may save 10% to 20% off each policy.
- Paperless Signup – Some larger companies may give you up to $50 simply for signing on your computer.
While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think you can get free auto insurance, companies don’t profit that way.
Popular auto insurance companies and a partial list of their discounts are shown below.
- American Family may have discounts that include TimeAway discount, air bags, accident-free, good driver, and bundled insurance.
- Nationwide has savings for anti-theft, business or organization, defensive driving, good student, family plan, easy pay, and Farm Bureau membership.
- MetLife includes discounts for defensive driver, accident-free, good driver, good student, claim-free, and multi-policy.
- 21st Century discounts include anti-lock brakes, good student, air bags, driver training, automatic seat belts, and student driver.
- Farmers Insurance has discounts for pay in full, youthful driver, teen driver, business and professional, good student, alternative fuel, and switch companies.
- Allstate offers premium reductions for anti-lock brakes, eSmart discount, premier discount, defensive driver, auto/life discount, early signing, and anti-theft.
Before buying, ask every prospective company how you can save money. Some credits may not be offered in Phoenix.
Exclusive versus independent insurance agents
A lot of people just prefer to buy from a local agent and that is a personal choice. A nice benefit of getting free rate quotes online is that drivers can save money and get lower prices but still work with a licensed agent.
For easy comparison, once you complete this form (opens in new window), your insurance data is submitted to local insurance agents that provide free Phoenix car insurance quotes for your business. It makes it easy because there is no need to contact an agency because quoted prices will be sent to you. You can most likely find cheaper rates and a licensed agent to work with. In the event you want to get a rate quote for a specific company, don’t hesitate to jump over to their website and submit a quote form there.
Selecting an insurance company shouldn’t rely on just the bottom line cost. Some important questions to ask are:
- Is there any savings for paying the full premium?
- Where would your vehicle be repaired?
- Will the quote change when the policy is issued?
- Is the agency active in community causes in Phoenix?
- Who are their largest clients?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- How often do they review policy coverages?
Is there deception in advertising?
Popular insurance providers such as Progressive, GEICO, Allstate and State Farm endlessly run ads in print and on television. All the companies seem to make the promise about saving some big amount if you switch to them. That’s great but how can every company say the same thing? It’s all in the wording.
Insurance companies quote the lowest rates for the type of customer that will add to their bottom line. A good example of a profitable risk profile might be between 30 and 50, carries full coverage, and drives less than 5,000 miles a year. Any new insured that meets those criteria receives the best premium rates in Phoenix and will probably save when switching.
Drivers who don’t qualify for these standards will be quoted more expensive rates and this can result in business not being written. The ads say “people that switch” not “all people who quote” save money. That is how companies can truthfully make the claims of big savings. This illustrates why drivers should compare many company’s rates. It is impossible to guess which company will provide you with the cheapest Chrysler PT Cruiser insurance in Phoenix.
Car insurance 101
Understanding the coverages of a auto insurance policy aids in choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Below you’ll find the normal coverages available from auto insurance companies.
Coverage for uninsured or underinsured drivers
This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries and damage to your Chrysler PT Cruiser.
Since a lot of drivers have only the minimum liability required by law (15/30/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
Comprehensive auto insurance
Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as damage from flooding, hitting a deer and hail damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for expenses for things like rehabilitation expenses, surgery and hospital visits. They can be used to cover expenses not covered by your health insurance policy 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 only offered in select states but can be used in place of medical payments coverage
Liability coverage provides protection from damage or injury you incur to a person or their property. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 15/30/10 that means you have a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and $10,000 of coverage for damaged property.
Liability coverage pays for things like bail bonds, pain and suffering and medical expenses. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible. Arizona requires drivers to carry at least 15/30/10 but you should think about purchasing more coverage.
Auto collision coverage
Collision insurance covers damage to your PT Cruiser caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like damaging your car on a curb, scraping a guard rail, hitting a mailbox, crashing into a ditch and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to bump up the deductible on your PT Cruiser to bring the cost down.
One last thing about your coverage
We just showed you a lot of ways to get a better price on Chrysler PT Cruiser insurance in Phoenix. The key concept to understand is the more companies you get prices for, the better likelihood of getting cheaper Phoenix car insurance quotes. Consumers may even find the biggest savings come from some of the smallest insurance companies. Some small companies often have lower prices on specific markets than their larger competitors like State Farm, GEICO and Nationwide.
As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where an insured dropped collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.
Cheaper insurance in Phoenix can be found online in addition to many Phoenix insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not offer rate quotes online and many times these smaller providers only sell through local independent agents.
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