Phoenix is the busiest city in Arizona, having one of the largest populations in the United States. Due to the high number of highways and the busy lifestyle, Phoenix has alarming accident statistics. The reasons behind the high number of accidents are speeding, drunk driving, and distracted driving.
Unfortunately driving carefully and following all the rules doesn’t always guarantee your safety, as you can’t control other drivers’ behavior. However, getting auto insurance can reduce the losses and help you financially recover easily.
Trailstone Insurance Group can help you get the best car insurance deal in Phoenix, AZ. We are dedicated insurance agents who work with the best insurance carriers. Work with us now.
Get a QuoteIs Car Insurance Mandatory in Phoenix, Arizona?
Like most states in the US, car insurance is required by law in Arizona. All motor vehicles should carry liability insurance through a company that operates in the state of Arizona. There’s a minimum required coverage for all cars in the city.
What is the Minimum Required Car Insurance Coverage in Phoenix?
$25,000 bodily injury liability for one person and $50,000 for two or more persons
$15,000 property damage liability
What Happens If I Drive without Auto Insurance in Phoenix?
Driving without car insurance in Phoenix, AZ has consequences. A police officer could ask you for proof of insurance during a traffic stop or after a car accident. If you’ve simply forgotten to bring proof of insurance, you can get the penalty and fine dismissed. Let’s take a look at what happens if you are caught driving without proof of insurance in Arizona.
Fines
- $500 for the first offense
- $750 for the second offense
- $1000 for the third offense
Penalty
- 3-month license suspension for the first offense
- 6-month license suspension for the second offense
- 1-year license suspension for the third offense
Fees
- $50 to reinstate vehicle registration
- $20-35 to reinstate driver’s license
SR-22 Certificate
You might need to obtain an SR-22 certificate, valid for 3 years, if you’re caught driving without insurance. Typically, this certificate is required for some high-risk drivers and might increase your insurance premium.
Protect yourself from all these fees and penalties, get car insurance now. Call a Trailstone car insurance agent in Phoenix, AZ to get free car insurance quotes.
What are the Mandatory Car Insurance Coverage Types?
Bodily Injury Liability Coverage
If a driver is found at fault in an accident that caused injury or death. The injured person or the deceased one’s family members can file a claim for them to pay the medical expenses and any type of compensation. In that case, bodily injury coverage pays medical and legal fees.
Property Damage Liability Coverage
If a driver is at fault in an accident, and they have damaged the vehicle or property of another person, the vehicle or property owner may file a claim. In that case, accident property damage liability pays for the repair costs and legal fees.
Underinsured/uninsured Motorist Coverage
In an accident where the person at fault is an underinsured or uninsured driver, the affected person may get compensation from their insurance company under this coverage.
Is Arizona a no-fault State?
No, Arizona is not a no-fault state. That means if you’re at fault in an accident, the harmed person can file a claim and get compensation from your insurance company. In no-fault states, your insurance company compensates you for injury and damage repair costs, regardless of who is at fault.
What is Full Coverage Car Insurance?
For protection, some Arizona drivers buy optional auto insurance coverages. The most common examples are collision coverage and comprehensive coverage. They are usually purchased together.
- Collision Coverage: Having this insurance coverage means your insurance company should pay to repair the damage to your car even if the covered accident is your fault.
- Comprehensive Coverage: Under this coverage, your insurance company pays to repair the damage that resulted from non-collision accidents like theft, vandalism, hail, glass damage, and more.
More Coverages You Can Add to Your Phoenix Car Insurance Policy
- Gap Insurance: Cars lose their value quickly once you start using them. If the car you’re financing gets completely damaged in an accident, you get its current value reimbursed under the comprehensive or collision coverages. If you still owe the car company more than the amount you will get from your insurance company, this insurance pays the difference.
- New car replacement insurance: If your newly bought car is completely damaged in an accident, this insurance pays you for a replacement. In other words, you get compensated with the value of the car as if it never depreciated.
- Modified car coverage: Making modifications and parts replacement might oblige you to update your car insurance. This insurance covers the custom parts and equipment you’ve added to your car.
- Classic car insurance: Classic cars usually have more value than their actual cash value. That means that their stated value exceeds their value minus the depreciation. Regular car insurance policies might offer less insurance than needed for the classic car. So, Classic car insurance reimburses you for the car’s stated value.
- Car rental insurance: If you get in an accident and your car needs to be repaired, this auto insurance coverage pays for you to use another form of transportation or rent a car.
- Roadside assistance: If your car stops suddenly on the road, this coverage pays for roadside assistance services like towing and minor repairs.
What is the Average Car Insurance Cost in Phoenix, AZ?
According to Bankrate, the average auto insurance cost in Phoenix is $3,020 per year or $525 per month for full coverage. This car insurance rate is higher than both the average car insurance in Arizona of $2,557 and the national average of $2,311.
It’s costly to get Car Insurance in Phoenix, AZ because it’s a busy city with a high accident rate. Remember that each individual pays a different car insurance rate depending on many factors.
Factors that Determine Car Insurance Rates in Phoenix, AZ
- Gender: Insurance companies account for gender when they calculate insurance rates. Female drivers are statistically less likely to get involved in car accidents, so they get lower car insurance premiums.
- Age: The younger the driver, the more insurance they pay in Phoenix. That’s because young drivers are less seasoned and possibly more reckless when it comes to driving.
- Coverage: The more coverage you get, the higher the premium you pay. If you get minimum coverage online, you pay much less than full coverage. Add-ons also increase the premium rate.
- Location: Areas with higher crime and accident rates pay higher car insurance premiums. Weather can also be factored in when insurance companies calculate premiums.
- Vehicle Type: Some vehicles are more sturdy and less expensive to repair, making them cheaper to insure. On the other hand, some cars are expensive to repair like newer and flagship models, making them more costly to insure
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Credit Tier: Many states look at your credit score when determining your car insurance rate. An excellent credit score gets you a discount and a poor credit score increases car insurance costs.
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Driving History: Speeding tickets and DUIs increase your insurance premium significantly. Having a good driving record helps keep the insurance cost on the lower side.
How to get Affordable Car Insurance Rates in Phoenix, AZ?
There are some ways to get the cheapest car insurance possible. Here are some tips to get affordable rates and save money.
- Compare rates from multiple insurance companies before buying your car insurance policy.
- Maintain a good credit score by paying your due credit on time.
- Follow safe driving regulations and adhere to speeding limits to avoid speeding tickets and reduce the chance of getting in an accident.
- Increase the deductible amount if you can afford to pay it if an accident happens at any point. The higher the deductible, the less auto insurance premiums you pay.
- Consider bundling your Arizona auto insurance with your homeowners’ insurance to get a discounted rate.
- Ask your insurer about the discounts they offer as you might be eligible for one of them or more.
Why Choose Trailstone Insurance Group for Car Insurance
We Are A Ramsey Trusted Pro
After a long vetting process, we earned our place as an endorsed agency by Dave Ramsey. It’s an endorsement you can’t buy. You have to earn it by providing an excellent quality of service.
The Ramsey team constantly evaluates our performance to ensure we’re still worthy of Dave Ramsey’s trust. Our hard work never stops to live up to their standards.
We Are Independent
We are partnered with over 40 companies, all of which are class-A insurance providers. That said, we are an independent agency, working for you, not the insurance companies. Providing you with the best car insurance solutions is our top priority.
We Provide an Unparalleled Service
We treat our customers how we want to be treated, with integrity and diligence. Committed to an excellent quality of service, we provide self-service technology for those who prefer it. We know that many Phoenix drivers overpay for insurance. We will help you avoid that and get the adequate coverage you need.
Get a QuoteCar Insurance in Phoenix, Az FAQs
Car insurance rates differ from one company to another as each company has its own formula for calculating the premiums. Fill out the form or contact us now to get car insurance quotes and find out which company offers you the best car insurance deal. We work with some of the best insurance carriers in the United States.
On average, car insurance in Phoenix costs $3,020 yearly or $525 monthly. The rate differs from one company to another, contact us to get a quote now!
Car insurance rates are higher than in Phoenix because it has a high crime rate, high car crash fatalities rate, and expensive vehicle parts and labor costs, in addition to extreme weather conditions.