We don’t have to point out that fact that auto insurance companies don’t want their policyholders to compare prices. Insureds who compare rates annually will, in all likelihood, switch insurance companies because there is a good chance of finding a policy with more affordable rates. A study discovered that people who compared rate quotes regularly saved on average $860 a year compared to policyholders who don’t make a habit of comparing rates.
If finding discount rates on auto insurance in Scottsdale is the reason for your visit, then learning a little about how to find companies and compare car insurance can save time, money, and frustration.
If your goal is the lowest price, then the best way to get the cheapest car insurance rates in Scottsdale is to regularly compare quotes from insurance carriers in Arizona.
- Step 1: Try to comprehend coverages and the things you can control to prevent high rates. Many risk factors that result in higher rates like distracted driving and a not-so-good credit score can be eliminated by being financially responsible and driving safely. Later in this article we will cover additional ideas to get affordable coverage and get discounts that may be overlooked.
- Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like GEICO or State Farm, while independent agents can quote rates for many different companies.
- Step 3: Compare the price quotes to your existing rates to see if a cheaper rate is available. If you find a lower rate and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Step 4: Tell your current company of your intention to cancel your current policy and submit a down payment along with a signed application for your new policy. As soon as you have the new policy, put the certificate verifying proof of insurance with the vehicle registration.
One piece of advice is to use the same level of coverage on every quote request and and to look at as many different companies as possible. This ensures a fair rate comparison and the best price quote selection.
How to buy BMW M6 insurance online
Just keep in mind that comparing more quotes helps increase your odds of locating a better price. Not every company allows you to get Scottsdale M6 insurance quotes online, so you need to compare price estimates on coverage from those companies, too.
The companies shown below provide quotes in Arizona. To buy the best auto insurance in Arizona, we suggest you visit several of them to get a more complete price comparison.
BMW M6 coverage analysis
The rate table shown below outlines detailed analysis of prices for BMW M6 models. Learning a little about how prices are figured is important for you to make smart choices when selecting a coverage provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|M6 2-Dr Coupe||$218||$614||$288||$18||$86||$1,224||$102|
|M6 2-Dr Convertible||$234||$568||$424||$26||$126||$1,378||$115|
|Get Your Own Custom Quote Go|
Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Prices do not factor in Scottsdale location which can raise or lower premiums considerably.
The information below highlights how deductible selection and can increase or decrease BMW M6 yearly insurance costs for different insured age categories. The premiums assume a married female driver, full physical damage coverage, and no additional discounts are factored in.
Responsible drivers pay cheaper car insurance rates
The chart below shows how traffic citations and at-fault claims raise BMW M6 annual premium costs for different age groups. The data is based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
How much more does full coverage cost in Scottsdale?
The information below illustrates the comparison of BMW M6 insurance prices with full coverage compared to only the Arizona minimum liability coverage. The price estimates are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
When to drop full coverage
There isn’t a steadfast formula of when to exclude comp and collision coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s say your BMW M6 book value is $7,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $6,000 after the deductible is paid. If premiums are more than $600 a year to have full coverage, then it may be the right time to buy liability only.
There are some scenarios where removing full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Get cheaper BMW M6 insurance in Scottsdale with discounts
Car insurance can be pricey, but there could be available discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically at the time of purchase, but some may not be applied and must be inquired about before you get the savings.
- Multi-Vehicle Discounts – Drivers who insure all your vehicles on the same car insurance policy can reduce the rates for all insured vehicles.
- No Charge for an Accident – Not necessarily a discount, but some companies like State Farm and Progressive will allow you to have one accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
- Senior Citizen Discount – Drivers over the age of 55 may receive a small decrease in premiums.
- Early Renewal Discounts – Some companies give discounts for switching policies before your current coverage expires. The savings is around 10%.
- Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
- Onboard Data Collection – Scottsdale drivers who agree to allow driving data collection to scrutinize vehicle usage through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they show good driving skills.
- Good Students Pay Less – Maintaining excellent grades can get you a discount of up to 25%. Most companies allow this discount up until you turn 25.
- Seat Belts Save – Buckling up and requiring all passengers to buckle up before driving may be able to save a few bucks on the medical payments or PIP coverage costs.
- Theft Deterrent – Anti-theft and alarm system equipped vehicles are stolen less frequently and will qualify for a discount on a Scottsdale auto insurance quote.
- Active Military Service – Having a deployed family member may qualify for rate reductions.
Drivers should understand that some credits don’t apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, you’re out of luck.
The example below illustrates the difference between BMW M6 insurance premiums with and without some available policy discounts. The rate quotes are based on a female driver, no driving violations, no at-fault accidents, Arizona state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, multi-car, marriage, homeowner, and safe-driver discounts applied.
To choose companies with the best BMW M6 insurance discounts in Scottsdale in Scottsdale, follow this link.
Here’s why auto insurance is not optional
Even though it can be expensive, paying for auto insurance is required in Arizona but also provides important benefits.
First, just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability protection if you drive a 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.
Second, if you have a loan on your BMW M6, almost all lenders will make it a condition of the loan that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the bank may buy a policy for your BMW at a much higher rate and require you to reimburse them the higher price.
Third, auto insurance protects both your BMW and your assets. It will also provide coverage for all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, your auto insurance policy will cover the repair costs.
The benefits of buying auto insurance greatly outweigh the cost, especially if you ever need it. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $850 per year so shop around every year to ensure rates are competitive.
Ratings for Arizona car insurance companies
Finding the best insurer can be challenging considering how many choices there are in Arizona. The ranking information listed below may help you choose which auto insurers you want to consider when comparing rates.
Top 10 Scottsdale Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Scottsdale Car Insurance Companies Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
What insurance coverages do I need?
Keep in mind that when it comes to choosing coverage online or from an agent, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s.
Here are some questions about coverages that may help you determine if your insurance needs could use an agent’s help.
- Is there coverage for my trailer?
- Am I covered if I drive in a foreign country?
- Do I have coverage if my license is suspended?
- What happens if I owe more than my BMW M6 is worth?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Is water damage covered by my policy?
- Will my BMW M6 be repaired with OEM or aftermarket parts?
- Does coverage follow the driver or the vehicle?
- Do I need motorclub coverage?
If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form.
Local Scottsdale insurance agencies and insurance
Many drivers would rather visit with an insurance agent and often times that is recommended The best thing about comparing rates online is the fact that drivers can get lower premium rates but also keep your business local.
Once you complete this quick form, your insurance data is immediately sent to local insurance agents who want to provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to search for any insurance agencies as quotes are delivered instantly to you. You can most likely find cheaper rates without the usual hassles of price shopping. If you want to compare prices from one company in particular, you just need to go to their quote page to submit a rate quote request.
Picking the best insurer requires you to look at more than just the price. Here are some questions you should ask.
- Are they able to influence company decisions when a claim is filed?
- Are claims handled at the agent’s location?
- How experienced are they in personal risk management?
- Can you choose the body shop in case repairs are needed?
- What company holds the largest book of business for them?
- If independent agents, which companies do they recommend?
- Which family members are covered?
If you are wanting to purchase insurance from an insurance agent, you need to know there are two types of insurance agents that you can select. Insurance agencies can be classified as either exclusive agents or independent agents.
Exclusive Insurance Agencies
Exclusive agents are contracted to one company and some examples include Farmers Insurance or State Farm. They usually cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are trained well on sales techniques which aids in selling service over price. Consumers sometimes choose to use a exclusive agent primarily because of the prominence of the brand and the convenience of having a single billing for all their coverages.
Below is a list of exclusive agencies in Scottsdale who may provide you with comparison quotes.
- Farmers Insurance – Marc Sollee
6320 E Thomas Rd #303 – Scottsdale, AZ 85251 – (480) 900-8010 – View Map
- Allstate Insurance: Schubert Insurance and Financial Svcs
20731 N Scottsdale Rd – Scottsdale, AZ 85255 – (480) 515-6259 – View Map
- American Family Insurance – J M Chapman Agency Inc
7055 E Thomas Rd – Scottsdale, AZ 85251 – (480) 945-7122 – View Map
Independent Agencies or Brokers
Agents that choose to be independent do not sell for just one brand so they have the ability to put coverage with many different companies and help determine which has the cheapest rates. To move your coverage to a new company, your agent can switch companies and that require little work on your part.
When comparing insurance rates, we recommend you get several quotes from several independent agencies in order to compare the most rates. Most independent agents also contract with companies you’ve never heard of which can save you money.
Below is a short list of independent agencies in Scottsdale who can help you get rate quotes.
- Bennett and Porter Insurance | Wealth Management
3200 N Hayden Rd #310 – Scottsdale, AZ 85251 – (480) 212-1150 – View Map
- Arizona Insurance Services
7950 E Acoma Dr # 205 – Scottsdale, AZ 85260 – (480) 778-9700 – View Map
- Summit Insurance Advisors
5425 E Bell Rd – Scottsdale, AZ 85254 – (480) 214-3544 – View Map
After you get acceptable answers to all your questions and an acceptable price quote, you’ve probably found an auto insurance agent that will adequately provide insurance.