The recommended way to find cheaper quotes for car insurance rates is to make a habit of regularly comparing prices from providers that insure vehicles in Scottsdale.
First, try to understand auto insurance and the modifications you can make to lower rates. Many rating criteria that are responsible for high rates like tickets, at-fault accidents, and a low credit rating can be amended by making minor changes to your lifestyle.
Second, compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or Farmers Insurance, while independent agencies can quote rates for a wide range of companies. Find a Scottsdale insurance agent
Third, compare the new quotes to your current policy and see if you can save money. If you find better rates and change companies, make sure there is no coverage gap between policies.
Fourth, notify your company or agent of your intent to cancel your current car insurance policy and submit any necessary down payment along with the completed application to your new agent or company. Don’t forget to place the new proof of insurance paperwork somewhere easily accessible.
A crucial key to this process is to compare identical deductibles and limits on every quote request and and to get prices from as many car insurance companies as possible. This enables a fair price comparison and many rates to choose from.
Sad but true, nearly 70% of Arizona drivers have stayed with the same insurance company for well over three years, and 38% of drivers have never compared rates from other carriers. American consumers can save hundreds of dollars each year by just comparing quotes, but they don’t know the rate savings if they moved their coverage to a different company.
Rates and information analytics
The rate information displayed next outlines detailed analysis of insurance policy prices for Ford Expedition models. Learning a little about how insurance prices are determined is important to be able to make informed decisions when comparing rate quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Expedition SSV 2WD||$180||$272||$244||$14||$74||$784||$65|
|Expedition XLT 2WD||$204||$332||$244||$14||$74||$868||$72|
|Expedition SSV 4WD||$204||$332||$244||$14||$74||$868||$72|
|Expedition XLT 4WD||$204||$332||$244||$14||$74||$868||$72|
|Expedition Eddie Bauer 2WD||$204||$390||$244||$14||$74||$926||$77|
|Expedition Limited 2WD||$204||$390||$244||$14||$74||$926||$77|
|Expedition Eddie Bauer 4WD||$204||$390||$244||$14||$74||$926||$77|
|Expedition King Ranch 4WD||$228||$390||$244||$14||$74||$950||$79|
|Expedition King Ranch 2WD||$228||$390||$244||$14||$74||$950||$79|
|Expedition Limited 4WD||$228||$390||$244||$14||$74||$950||$79|
|Get Your Own Custom Quote Go|
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Prices do not factor in specific location which can revise premiums greatly.
Should you buy full coverage?
The illustration below shows the difference between Ford Expedition insurance rates with full physical damage coverage and with liability coverage only. The premium estimates are based on no claims or driving violations, $500 deductibles, drivers are not married, and no discounts are applied.
Should you pay for full coverage or liability only?
There is no specific rule to eliminate full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Ford Expedition settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $5,000 after paying your policy deductible. If it’s costing you more than $500 a year for physical damage coverage, then it could be time to drop full coverage.
There are some circumstances where removing full coverage is not recommended. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.
Learn How to Find Insurance at a Discount
Smart consumers have a good feel for the factors that go into determining your insurance rates. If you know what determines premiums, this enables informed choices that could help you find lower premium levels.
The factors shown below are a few of the things utilized by car insurance companies to help set your premiums.
Discounts for married drivers – Getting married helps lower the price on your insurance policy. Having a spouse may mean you are more stable financially and insurance companies reward insureds because drivers who are married file infrequent claims.
Fast cars cost more to insure – The performance level of the vehicle you are trying to find cheaper insurance for makes a huge difference in determining your rates. Economy passenger vehicles generally have the cheapest insurance rates, but other factors influence the final cost greatly.
The chart below uses these assumptions: single male driver age 20, full coverage with $500 deductibles, and no discounts or violations. It illustrates Ford Expedition policy rates compared to other makes and models that have different risk factors.
Remove unneeded extra coverages – There are many add-on coverages that may not really be needed if you aren’t diligent. Add-on coverages like rental car coverage, high-cost glass coverage, and term life insurance are examples of these. These may sound like a good investment when deciding what coverages you need, but your money might be better spent on other coverage so think about removing them and cutting costs.
Premiums drop with age – Older insureds have been proven to be more responsible, file fewer claims, and usually have better credit. Young drivers are known to be careless and easily distracted when behind the wheel so they pay higher insurance rates.
The data below is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.
Gender and insurance coverage – Statistics have proven women are more cautious behind the wheel. This data doesn’t prove that females are better drivers. Men and women tend to get into auto accidents in similar numbers, but males tend to have higher claims. They also get cited for more serious violations like DWI (DUI) or reckless driving.
The chart below illustrates the difference between Ford Expedition insurance costs for male and female drivers. The costs are based on no claims or violations, comp and collision included, $250 deductibles, marital status is single, and no policy discounts are applied.
Higher rates for demanding occupations – Careers such as military personnel, architects, and emergency personnel are shown to have higher rates than average attributed to high stress and extremely grueling work hours. On the other hand, careers such as actors, students and retirees get better rates.
Your credit history is important – Having a bad credit history can be an important factor in determining premium rates. Drivers who have good credit tend to be better risks to insure as compared to drivers with worse credit. So if your credit can be improved, you could pay less to insure your Ford Expedition by improving your rating.
Loss statistics for a Ford Expedition – Insurance companies analyze the history of losses to determine a price that will be profitable for them. Models that have higher number or severity of losses will have a higher premium rate.
The data below shows the actual insurance loss data for Ford Expedition vehicles. For each policy coverage, the statistical loss for all vehicles, regardless of make, model or trim level, is equal to 100. Percentage numbers below 100 are indicative of better than average losses, while values over 100 indicate frequent claims or tendency to have larger claims.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Expedition 4dr 2WD||67||88||82||55||45||70|
|Ford Expedition 4dr 4WD||70||98||90||54||62||56|
|Ford Expedition EL 4dr 2WD||74||104||97||52|
|Ford Expedition EL 4dr 4WD||88||96||110||63||60||96|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Which auto insurance company is best in Scottsdale?
Insuring your vehicle with the best car insurance provider can be a challenge considering how many companies there are in Scottsdale. The ranking information below may help you decide which coverage providers you want to consider purchasing coverage from.
Top 10 Scottsdale Car Insurance Companies Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
Persistent drivers can save
Budget-friendly car insurance in Scottsdale can be sourced on the web as well as from independent agents in Scottsdale, and you should compare rates from both in order to have the best price selection to choose from. A few companies do not offer rate quotes online and these small, regional companies prefer to sell through local independent agents.
As you prepare to switch companies, you should never reduce coverage to reduce premium. There have been many cases where consumers will sacrifice liability coverage limits only to regret that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase a proper amount of coverage at the best cost while still protecting your assets.
Consumers switch companies for a number of reasons such as delays in responding to claim requests, extreme rates for teen drivers, high rates after DUI convictions and not issuing a premium refund. Regardless of your reason for switching companies, switching companies can be easier than you think.
To read more, take a look at the articles below:
- Anti-Lock Brake FAQ (iihs.org)
- Who Has Cheap Auto Insurance for Drivers with a DUI in Scottsdale? (FAQ)
- What Auto Insurance is Cheapest for High Risk Drivers in Scottsdale? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Red Light Cameras (State Farm)
- Prom Night Tips for Teen Drivers (State Farm)