It’s shocking but a large majority of drivers in Arizona renewed their policy with the same company for a minimum of four years, and approximately 40% of consumers have never compared rates from other carriers. Drivers in America could save nearly $860 every year by just comparing quotes, but most just don’t grasp the rate savings if they switched to a cheaper policy.
It takes a little time, but the best way to find low-cost car insurance rates is to compare prices annually from companies in Scottsdale. You can compare rates by completing these steps.
- Try to learn about what coverages are included in your policy and the factors you can control to keep rates low. Many rating factors that result in higher prices like careless driving and a poor credit score can be rectified by making small lifestyle or driving habit changes. This article gives additional ideas to help prevent costly coverage and find overlooked discounts.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like Progressive and State Farm, while independent agencies can provide rate quotes for a wide range of insurance providers.
- Compare the new rates to the price on your current policy to see if cheaper M3 coverage is available in Scottsdale. If you find a better price and make a switch, verify that coverage does not lapse between policies.
- Give notification to your current company of your decision to cancel your current policy and submit a completed policy application and payment to your new company or agent. Once the paperwork is finalized, store the proof of insurance certificate in your vehicle.
A tip to remember is to try to compare similar deductibles and liability limits on each quote request and and to look at as many companies as possible. Doing this ensures the most accurate price comparison and a good representation of prices.
The purpose of this article is to familiarize you with how auto insurance companies operate and also save some money in the process If you have a current auto insurance policy, you will definitely be able to find better prices using these tips. Nevertheless, Arizona vehicle owners should learn how the larger insurance companies market on the web because rates fluctuate considerably.
When shopping for affordable Scottsdale auto insurance quotes, there are a couple of ways of comparing rates from all the different companies. The fastest way to find cheaper rates involves getting comparison quotes online. It’s important to know that more quotes helps locate more affordable rates. Some smaller insurers do not give price estimates online, so it’s important to compare rates from the smaller companies as well.
The providers in the list below are our best choices to provide comparison quotes in Arizona. If you want cheap car insurance in Scottsdale, AZ, it’s highly recommended you click on several of them in order to find the cheapest rates.
Insurance coverage details
The rate table displayed below highlights detailed analysis of prices for BMW M3 models. Being more informed about how prices are determined can help customers make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M3 4-Dr Sedan | $308 | $700 | $314 | $18 | $94 | $1,434 | $120 |
| M3 CI 2-Dr Coupe | $336 | $782 | $314 | $18 | $94 | $1,544 | $129 |
| M3 2-Dr Convertible | $336 | $782 | $314 | $18 | $94 | $1,544 | $129 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rates do not factor in vehicle garaging location which can raise or lower prices greatly.
Policy deductibles
A question often asked by Scottsdale drivers is how low should you set your deductibles. The data tables below sum up the rate fluctuation of buying low and high insurance deductibles. The first set of rates uses a $100 deductible for physical damage and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M3 4-Dr Sedan | $358 | $716 | $300 | $18 | $90 | $1,507 | $126 |
| M3 CI 2-Dr Coupe | $390 | $798 | $300 | $18 | $90 | $1,621 | $135 |
| M3 2-Dr Convertible | $390 | $798 | $300 | $18 | $90 | $1,621 | $135 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M3 4-Dr Sedan | $262 | $484 | $300 | $18 | $90 | $1,154 | $96 |
| M3 CI 2-Dr Coupe | $286 | $540 | $300 | $18 | $90 | $1,234 | $103 |
| M3 2-Dr Convertible | $286 | $540 | $300 | $18 | $90 | $1,234 | $103 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Information does not factor in specific location which can revise prices noticeably.
Based on this data, using a $100 deductible costs roughly $31 more each month or $372 every year than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 13 months between claims, you would more than likely save some money if you opt for a higher deductible.
The example below illustrates how choosing a deductible and can influence BMW M3 insurance rates for each age group. Data assumes a married female driver, full physical damage coverage, and no additional discounts are factored in.
Insurance premiums by gender
The illustration below illustrates the comparison of BMW M3 yearly insurance costs for male and female drivers. The prices are based on no driving violations, no at-fault accidents, comp and collision included, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.
Rate difference between full and liability-only coverage
The illustration below shows the difference between BMW M3 yearly insurance costs when comparing full coverage to state minimum liability only. The data is based on no claims or driving citations, $100 deductibles, marital status is single, and no additional discounts are factored in.
When to switch to liability coverage only
There isn’t a written rule of when to exclude full coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s pretend your BMW M3 book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $8,000 after the policy deductible has been paid. If you are paying in excess of $800 a year for full coverage, then it might be time to consider dropping full coverage.
There are some circumstances where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.
Auto insurance can be complex
When quoting and comparing coverage online or from an agent, there really is no cookie cutter policy. Every situation is different.
These are some specific questions might help in determining whether you would benefit from professional advice.
- Can my babysitter drive my car?
- Is business equipment covered while in my vehicle?
- Is my business laptop covered if it gets stolen from my vehicle?
- Which companies will insure high-risk drivers?
- Will my BMW M3 be repaired with OEM or aftermarket parts?
- Am I covered if I hit my neighbor’s mailbox?
- Does insurance cover damages from a DUI accident?
- Do I have coverage when pulling a U-Haul trailer?
If you’re not sure about those questions, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form.
Car insurance is available from local insurance agents
Some people still like to sit down and talk to an agent and we recommend doing that One of the benefits of comparing insurance prices online is the fact that you can find cheap car insurance quotes and still have an agent to talk to. Putting coverage with neighborhood agents is still important in Scottsdale.
Once you complete this quick form, the quote information is transmitted to participating agents in Scottsdale who will give you quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent on your own due to the fact that quote results will go to the email address you provide. You can find better rates without the usual hassles of price shopping. If you need to quote rates from a particular provider, feel free to search and find their rate quote page and complete a quote there.
If you are wanting to find a good insurance agency, you must know there are a couple types of agencies and how they can service your needs differently. Car insurance agencies can be categorized as either independent agents or exclusive agents depending on their employer.
Independent Car Insurance Agents
Agents of this type often have affiliation with several companies and that enables them to quote your coverage with multiple insurance companies and find the cheapest car insurance rates. To transfer your coverage to a different company, they can switch companies in-house and you stay with the same agent.
When comparing car insurance prices, it’s a good idea to include several independent insurance agents to maximize your price options. Most independent agents also contract with companies that do not advertise much which may have better rates.
Featured below is a small list of independent agents in Scottsdale that may be able to give you price quotes.
- Greene Insurance Group
17470 N Pacesetter Way – Scottsdale, AZ 85255 – (480) 657-2800 – View Map - Desert Mountain Insurance Services – Medical Malpractice
2918 N 67th Pl – Scottsdale, AZ 85251 – (480) 348-2200 – View Map - Good’s Insurance Agency, Inc. – South West
33725 N Scottsdale Rd #125h – Scottsdale, AZ 85266 – (877) 208-6690 – View Map
Exclusive Agents
Agents in the exclusive channel can only place business with one company such as State Farm, Allstate and AAA. These agents are unable to provide rate quotes from other companies so they have to upsell other benefits. These agents are well schooled on what they offer which helps them sell on service rather than price. Consumers sometimes use the same agent mostly because of the brand instead of buying on price only.
Below is a short list of exclusive insurance agents in Scottsdale that are able to give price quotes.
- Craig Smith – Farmers Insurance – Scottsdale
9332 E Raintree Dr #140 – Scottsdale, AZ 85260 – (480) 657-7906 – View Map - Brad Dunlap – State Farm® Insurance Agent
8436 E Shea Blvd c103 – Scottsdale, AZ 85260 – (480) 661-0801 – View Map - Shelley Anderson – State Farm Insurance Agent
8080 E Gelding Dr d106 – Scottsdale, AZ 85260 – (480) 941-2257 – View Map
Picking an insurance agency requires more thought than just the quoted price. Here are some questions to ask:
- Do they have a Better Business Bureau rating in Scottsdale?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are they involved in claim handling?
- Do they get extra compensation for selling add-on coverages?
- Has the agent ever had any license suspensions?
- If independent agents, which companies do they recommend?