No one in their right mind anticipates paying for insurance, especially when they know they are paying too much.
Sadly, most drivers kept their policy with the same company for a minimum of four years, and virtually 40% of consumers have never even compared rates from other companies. Most drivers in Arizona could save about 50% every year, but most just don’t grasp how much money they would save if they switched to a cheaper policy.
You have so many car insurance companies to buy insurance from, and although it’s a good thing to have a selection, too many choices makes it more difficult to compare company pricing for Ford Five Hundred insurance in Phoenix.
Reduce your auto insurance rates with discounts
Car insurance companies don’t always advertise every possible discount in an easy-to-find place, so the list below gives a summary of a few of the more well known in addition to some of the lesser obvious credits that you can use to lower your rates. If you aren’t receiving every discount possible, it’s possible you qualify for a lower rate.
- Organization Discounts – Participating in certain professional organizations could qualify you for a break when shopping for auto insurance.
- Student Discounts – This discount can get you a discount of up to 25%. Many companies even apply the discount to college students up until you turn 25.
- Drive Less and Save – Driving fewer miles can qualify you for lower prices due to less chance of an accident.
- Save with More Vehicles Insured – Drivers who insure primary and secondary vehicles on one policy can get a discount for every vehicle.
- Government Employees – Having worked for a branch of the government may qualify for a discount when you quote Phoenix auto insurance with select insurance companies.
- Service Members Pay Less – Being on active deployment in the military could qualify you for better rates.
- Use Seat Belts – Forcing all vehicle occupants to use a seat belt may be able to save a few bucks on medical payment and PIP coverage.
- Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies will let one accident slide without getting socked with a rate hike with the catch being you have to be claim-free for a particular time prior to the accident.
- Claim-Free Discount – Phoenix drivers who stay claim-free can earn big discounts in comparison to frequent claim filers.
- Save over 55 – Older drivers can possibly qualify for reduced rates.
While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. Most only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, companies wouldn’t make money that way.
Insurance companies who may offer most of these discounts include:
If you need lower rates, check with all the companies the best way to save money. Some of the discounts discussed earlier might not be offered on policies in Phoenix. To find insurers with discount auto insurance rates in Arizona, click here.
Low cost Ford Five Hundred insurance prices in Phoenix, AZ
Keep in mind that obtaining a wide range of quotes helps increase your odds of locating more affordable insurance.
The following companies are ready to provide comparison quotes in Phoenix, AZ. If multiple companies are shown, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Insurance Rate Influencing Factors
Lots of factors are part of the equation when premium rates are determined. Some factors are common sense such as your driving history, but others are not as apparent such as whether you are married or how financially stable you are.
Protect yourself with liability coverage – The liability section of your policy will afford coverage if ever a jury decides you are liable for causing personal injury or damage in an accident. Your policy’s liability insurance provides for a legal defense which can cost thousands of dollars. This coverage is relatively inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
Drive fewer miles and save – The more you drive annually the more it will cost to insure it. The majority of insurers price each vehicle’s coverage partially by how you use the vehicle. Cars and trucks that sit idle most of the time qualify for better rates than cars that get driven a lot. Incorrect rating for your Five Hundred can cost quite a bit. It’s a smart idea to ensure your car insurance policy is rated on the right rating data, because it can save money.
Additional coverages that may be costing you – There are quite a few optional add-on coverages that may not really be needed on your car insurance policy. Insurance for things like vanishing deductibles, death and dismemberment, and motor club memberships may not be needed and are just wasting money. The coverages may be enticing when deciding what coverages you need, but if they’re wasting money think about removing them and cutting costs.
Safer the car lower the rate – Cars with high safety ratings tend to be cheaper to insure. The safest vehicles reduce occupant injuries and better occupant protection translates into fewer and smaller insurance claims which can mean better rates for you. If your Ford Five Hundred has at least four stars on Safercar.gov you may qualify for a discount.
Insurance prices are higher for high performance vehicles – The performance level of the car you are insuring makes a big difference in determining your rates. The best insurance prices are for lower cost passenger cars, but that’s not the only thing that factors into the final price. Since the Ford Five Hundred is considered a passenger car, insuring your vehicle will cost similar in price or lower compared to average rates in Phoenix.
Having a spouse can save on car insurance – Your spouse may cut your premiums on your car insurance policy. Having a significant other usually means you are more responsible it has been statistically shown that married drivers tend to file fewer claims.
Qualify for multi-policy discounts – Some companies apply better rates to customers that have more than one policy. It’s known as a multi-policy discount. The discount can add up to as much as ten percent or more Even if you already get this discount, it’s still a good idea to compare other Phoenix Five Hundred insurance rates to help guarantee you have the best rates. Drivers may still save more without the discount by buying car insurance from a different company.
Know your credit rating – Having a bad credit score can be an important factor in determining premium rates. People that have very high credit ratings tend to be less risk to insure than those with poor credit scores. If your credit rating is low, you may save money insuring your Ford Five Hundred by taking the time to improve your credit score.
What insurance coverages do I need?
When quoting and comparing the best car insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Your situation is unique.
These are some specific questions can help discover if your situation would benefit from an agent’s advice.
- Do I need special endorsements for business use of my vehicle?
- Do I have coverage when making deliveries for my home business?
- Is pleasure use cheaper than using my Ford Five Hundred to commute?
- What is an SR-22 filing?
- Should I get collision insurance on every vehicle?
- What is the ISO rating for a Ford Five Hundred?
If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, fill out this quick form.
Local Phoenix car insurance agents and car insurance
Many people still prefer to get advice from a local agent and doing so can bring peace of mind A good thing about getting online price quotes is that drivers can save money and get cheap rate quotes and also buy local. And providing support for local agencies is definitely important in Phoenix.
To make it easy to find an agent, after completing this simple form, your coverage information is immediately sent to participating agents in Phoenix who will give you bids for your coverage. You won’t need to leave your computer due to the fact that quote results will go to the email address you provide. You’ll get the best rates AND an agent nearby. If you have a need to compare rates from a specific car insurance provider, don’t hesitate to jump over to their website and fill out the quote form the provide.
Picking the best insurance company should depend on more than just the price. Any good agent in Phoenix should know the answers to these questions.
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- How many years have they been established?
- What discounts might you be missing?
- Do they specialize in personal lines coverage in Phoenix?
- Will they take your side in the event of a claim?
Three reasons to insure your Five Hundred
Despite the high insurance cost for a Ford Five Hundred in Phoenix, paying for auto insurance serves a purpose in several ways.
- Almost all states have mandatory liability insurance requirements which means you are required to carry a specific minimum amount of liability 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 your Five Hundred has a loan, most lenders will force you to have full coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the lender may insure your Ford at a much higher premium rate and force you to reimburse them for it.
- Insurance protects not only your Ford Five Hundred but also your financial assets. It will also pay for hospital and medical expenses incurred in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney in the event you are sued. If mother nature or an accident damages your car, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of having insurance definitely exceed the cost, specifically if you ever have a liability claim. As of last year, the average driver in Arizona is currently overpaying as much as $865 each year so compare quotes from several companies every year to ensure rates are competitive.
More quotes mean more auto insurance savings
As you shop your coverage around, do not buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice physical damage coverage and learned later that it was a big error on their part. The goal is to get the best coverage possible at the best cost while not skimping on critical coverages.
Low-cost Ford Five Hundred insurance in Phoenix can be sourced online as well as from independent agents in Phoenix, and you need to comparison shop both to get a complete price analysis. There are still a few companies who don’t offer the ability to get quotes online and most of the time these small, regional companies only sell through independent insurance agencies.
Insureds who switch companies do it for a number of reasons such as policy non-renewal, lack of trust in their agent, being labeled a high risk driver and even high rates after DUI convictions. Regardless of your reason for switching companies, finding a new company can be pretty painless.
Even more information can be read in these articles:
- Rental Car Insurance Tips (Insurance Information Institute)
- Who Has Affordable Phoenix Car Insurance Quotes for a 20 Year Old Male? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Phoenix? (FAQ)
- Who Has Cheap Phoenix Car Insurance Quotes for a Toyota Corolla? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Bad Credit in Phoenix? (FAQ)
- Who Has the Cheapest Auto Insurance for a Chevrolet Silverado in Phoenix? (FAQ)
- What Insurance is Cheapest for a Dodge Journey in Phoenix? (FAQ)
- Who Has the Cheapest Phoenix Auto Insurance Quotes for Low Credit Scores? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- A Tree Fell on Your Car: Now What? (Allstate)