Tired of paying out the nose each month for insurance? You’re in the same situation as many other Arizona consumers.
A recent insurance study revealed that most insurance customers renewed their policy with the same company for four years or more, and nearly the majority have never quoted rates to find cheaper coverage. Arizona drivers could save $733 each year by just comparing quotes, but they don’t believe the rate savings if they switch to a new company. Due to the increasing number of insurance providers from which to choose, it can be challenging to find the best insurer.
Consumers should take time to compare prices on a regular basis because insurance prices are usually higher with each renewal. Even if you think you had the best deal on Mazda CX-5 insurance in Phoenix on your last policy you may be paying too much now. Forget all the misinformation about insurance because you’re about to learn the best methods to eliminate unnecessary coverages and save money on Mazda CX-5 insurance in Phoenix.
Buying the cheapest insurance in Phoenix is not that difficult. If you’re already insured or are shopping for new coverage, use these money-saving tips to shop for the lowest rates without reducing protection. Drivers only need to know the proper way to quote multiple rates on the web.
Get discounts to get affordable Phoenix car insurance quotes
Auto insurance companies don’t always list every discount very well, so the following list contains both well-publicized as well as the least known discounts that you can inquire about if you buy Phoenix auto insurance online.
- Multi-policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you could get a discount of at least 10 to 15 percent or more.
- Telematics Data – Phoenix drivers who agree to allow companies to analyze driving manner through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system could save a few bucks if their driving habits are good.
- Smart Student Discounts – This discount can get you a discount of up to 25%. The good student discount can last well after school through age 25.
- Drive Safe and Save – Drivers without accidents may receive a discount up to 45% than drivers with accidents.
- Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up before driving can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- Home Ownership Discount – Owning your own home or condo can earn you a little savings due to the fact that maintaining a home requires a higher level of personal finance.
- Discounts for Multiple Vehicles – Drivers who insure more than one vehicle with the same company can reduce the rates for all insured vehicles.
- Paperless Signup – A handful of larger companies will provide an incentive for buying your policy on the internet.
- Federal Employees – Active or former government employment can save as much as 8% with certain companies.
Consumers should know that most discounts do not apply to the whole policy. Some only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, insurance companies wouldn’t stay in business.
To see providers who offer online Mazda CX-5 insurance quotes in Phoenix, follow this link.
How much is Mazda CX-5 insurance in Phoenix, Arizona?
The providers in the list below can provide price comparisons in Arizona. If the list has multiple companies, we recommend you click on several of them to get the most affordable price.
Car insurance agents near you
Certain consumers would prefer to sit down with an agent and there is nothing wrong with that. Most agents are trained risk managers and help you file claims. The best thing about comparing car insurance online is the fact that you can find cheap car insurance quotes and still have a local agent.
To help locate an agent, after submitting this simple form, your insurance coverage information is immediately sent to agents in your area that provide free Phoenix auto insurance quotes and help you find cheaper coverage. It’s much easier because you don’t need to find an agent because prices are sent directly to your email. If for some reason you want to quote rates from one company in particular, you would need to visit that company’s website and complete a quote there.
Picking an insurance company requires more thought than just a cheap quote. Agents should be asked these questions:
- Is there a local claims center in Phoenix?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Which company do they place the most coverage with?
- Do they review policy coverages at every renewal?
- Does the agency have a good rating with the Better Business Bureau?
- Is the agency involved in supporting local community causes?
- Is the agent and/or agency licensed to do business in Arizona?
The different types of car insurance agents
When narrowing the list to find a reliable insurance agency, there are a couple of different types of agents and how they can write your policy. Agents in Phoenix are classified as either exclusive or independent agents depending on their company appointments. Either can handle car insurance, but we need to point out how they are different because it can factor into the type of agent you choose.
Exclusive Insurance Agents
Agents of this type write business for a single company and examples are American Family, State Farm, and AAA. These agents are not able to shop your coverage around so they have to upsell other benefits. They receive a lot of sales training on sales techniques which helps them sell insurance even at higher premiums.
Shown below is a list of exclusive agencies in Phoenix who may provide you with rate quotes.
Andy Carrillo – State Farm Insurance Agent
4713 E Southern Ave – Phoenix, AZ 85042 – (602) 426-8088 – View Map
Susan Cox – State Farm Insurance Agent
2715 W Northern Ave #110 – Phoenix, AZ 85051 – (602) 995-2821 – View Map
Independent Insurance Agents
Agents of this type are not employed by one company so as a result can place your coverage through many companies and potentially find a lower price. To move your coverage to a new company, they simply move your policy to a different company and you don’t have to do anything. If you are comparing rate quotes, you will want to check rates from independent agents to have the best price comparison.
Shown below are independent insurance agents in Phoenix that can give you rate quotes.
Three reasons car insurance is important
Despite the high cost of buying insurance for a Mazda CX-5 in Phoenix, maintaining insurance serves a purpose in several ways.
- The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability coverage in order to license the vehicle. 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 took out a loan on your CX-5, almost all lenders will force you to have insurance to guarantee loan repayment. If you default on your policy, the lender may insure your Mazda at an extremely high rate and require you to pay the higher premium.
- Insurance protects not only your vehicle but also your financial assets. It will also reimburse you for hospital and medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, your car insurance policy will cover the repair costs.
The benefits of buying enough insurance definitely exceed the cost, especially with large liability claims. As of last year, the average driver in Arizona is wasting up to $850 per year so compare rate quotes once a year at a minimum to make sure the price is not too high.
Auto insurance coverage breakdown
Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages found on the average auto insurance policy.
Comprehensive (Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like damage from flooding, vandalism and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Collision coverages – Collision coverage covers damage to your CX-5 from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as scraping a guard rail, colliding with another moving vehicle, rolling your car, hitting a parking meter and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible on your CX-5 in order to get cheaper collision rates.
Liability auto insurance – This will cover damages or injuries you inflict on other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 15/30/10 that means you have $15,000 in coverage for each person’s injuries, a per accident bodily injury limit of $30,000, and a total limit of $10,000 for damage to vehicles and property.
Liability coverage pays for things like pain and suffering, emergency aid and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford. Arizona requires minimum liability limits of 15/30/10 but you should consider buying higher limits.
Medical expense insurance – Med pay and PIP coverage pay for short-term medical expenses like EMT expenses, prosthetic devices and doctor visits. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Protection from uninsured/underinsured drivers – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Mazda CX-5.
Because many people only purchase the least amount of liability that is required (which is 15/30/10), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.
Quote often and quote early
More affordable car insurance in Phoenix is available from both online companies in addition to local insurance agencies, so get free Phoenix auto insurance quotes from both of them to get a complete price analysis. There are still a few companies who may not have the ability to get quotes online and usually these smaller companies sell through independent insurance agents.
You just learned some good ideas how to compare Mazda CX-5 insurance prices in Phoenix. The key concept to understand is the more rate quotes you have, the higher your chance of finding cheaper Phoenix auto insurance quotes. You may even find the lowest priced car insurance comes from a small local company. These companies may often insure only within specific states and give better rates than their larger competitors like Progressive or GEICO.
For more information, feel free to visit the resources below:
- How to shop for a safer car (Insurance Institute for Highway Safety)
- Who Has Affordable Phoenix Car Insurance Quotes for a 20 Year Old Male? (FAQ)
- Who Has the Cheapest Phoenix Auto Insurance for Low Mileage Drivers? (FAQ)
- What is Full Coverage? (Allstate)
- Five Mistakes to Avoid (Insurance Information Institute)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)