If your goal is the lowest price, then the best way to get budget car insurance rates in Scottsdale is to make a habit of regularly comparing prices from providers that insure vehicles in Arizona. Price quotes can be compared by following these steps.
Step 1: Try to comprehend what is in your policy and the changes you can make to prevent high rates. Many rating factors that cause rate increases such as at-fault accidents, speeding tickets, and a poor credit score can be rectified by improving your driving habits or financial responsibility. This article gives information to help keep prices low and find overlooked discounts.
Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can give quotes from a single company like Progressive and State Farm, while agents who are independent can provide price quotes from multiple companies. Click to view companies
Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you can save some money, make sure coverage is continuous and does not lapse.
Step 4: Tell your current agent or company to cancel your current policy. Submit the signed application along with the required initial payment for your new policy. Don’t forget to store the certificate verifying proof of insurance in an accessible location in your vehicle.
An essential thing to point out is to try to use identical limits and deductibles on every price quote and and to get price quotes from as many different insurance providers as possible. This enables a fair rate comparison and a thorough selection of prices.
Unfortunately, nearly 70% of customers have bought insurance from the same company for over three years, and 38% of drivers have never shopped around. With the average insurance premium being $1,580, Arizona drivers could save an average of almost $733 each year, but they just don’t want to compare rate quotes online.
Analysis of Volvo XC60 rates
The premium information shown below highlights estimates of insurance prices for Volvo XC60 models. Having a better idea how insurance premiums are determined can be of help when making smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XC60 3.2 2WD||$182||$308||$260||$16||$78||$844||$70|
|XC60 3.2 AWD||$206||$308||$260||$16||$78||$868||$72|
|XC60 T6 AWD AWD||$206||$364||$260||$16||$78||$924||$77|
|XC60 T6-R AWD AWD||$230||$364||$260||$16||$78||$948||$79|
|Get Your Own Custom Quote Go|
Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Price estimates do not factor in vehicle location which can decrease or increase rates greatly.
The chart below illustrates how your deductible choice and can affect Volvo XC60 yearly insurance costs for each different age category. The premium estimates are based on a married male driver, comp and collision included, and no discounts are factored in.
Men versus women drivers and insurance cost
The diagram below shows the difference between Volvo XC60 insurance prices for male and female drivers. The rates are based on no accidents, no driving violations, comp and collision included, $250 deductibles, single marital status, and no discounts are applied to the premium.
Rate comparison of full coverage and liability-only
The information below visualizes the comparison of Volvo XC60 auto insurance rates with liability coverage only compared to full coverage. The premiums assume no accidents, no driving violations, $500 deductibles, single status, and no discounts are taken into consideration.
Should you pay for full coverage?
There is no exact rule of when to stop paying for physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Volvo XC60 replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $6,000 after paying your policy deductible. If you are paying over $600 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.
There are some conditions where removing full coverage is not recommended. If you still have a lienholder on your title, you have to keep full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Don’t neglect these ten discounts
Some insurers don’t always advertise all their discounts very well, so we break down both well-publicized and also the more inconspicuous credits that you can use to lower your rates.
- New Car Discount – Insuring a new XC60 can cost up to 25% less because new model year vehicles are generally safer.
- Passive Restraints and Air Bags – Cars that have air bags can qualify for discounts of 20 to 30 percent.
- Drivers Ed for Students – Teen drivers should take driver’s ed class as it can save substantially.
- 55 and Retired – Drivers over the age of 55 can possibly qualify for better auto insurance rates.
- Claim Free – Drivers with accident-free driving histories pay less in comparison to drivers with a long claim history.
- Accident Forgiveness – Not really a discount, but a few companies such as State Farm, Progressive and GEICO will turn a blind eye to one accident before they charge you more for coverage if you are claim-free for a certain period of time.
- Paperless Signup – Some of the larger companies will provide an incentive get Scottsdale auto insurance over the internet.
- Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more off the medical payments premium.
- ABS Brakes – Cars and trucks that have anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
- Cautious Drivers – Accident-free drivers may save up to 50% more than their less cautious counterparts.
Drivers should understand that many deductions do not apply to the entire policy premium. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Despite the appearance that having all the discounts means you get insurance for free, you’re out of luck. Any amount of discount will reduce your auto insurance premiums.
The information below illustrates the difference between Volvo XC60 premium costs with and without discounts applied to the premium. The price estimates are based on a female driver, no claims or driving violations, Arizona state minimum liability limits, comprehensive and collision coverage, and $250 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, homeowner, marriage, and safe-driver discounts applied.
A few popular companies and their offered discounts are included below.
- GEICO may include discounts for multi-vehicle, membership and employees, anti-lock brakes, federal employee, good student, daytime running lights, and defensive driver.
- MetLife includes discounts for good student, defensive driver, accident-free, claim-free, and multi-policy.
- State Farm may have discounts that include good driver, good student, accident-free, multiple policy, safe vehicle, and anti-theft.
- Progressive may offer discounts for good student, multi-policy, multi-vehicle, homeowner, and continuous coverage.
- Mercury Insurance offers discounts for good driver, accident-free, location of vehicle, multi-car, ease of repair, good student, and annual mileage.
- 21st Century has discounts for teen driver, automatic seat belts, good student, driver training, and air bags.
- Allstate offers premium reductions for anti-lock brakes, 55 and retired, resident student, premier plus, and senior citizen.
Double check with every company to apply every possible discount. Discounts may not be available in Scottsdale. To locate insurers that provide some of the discounts listed above in Arizona, click this link.
Car insurance coverage breakdown
Having a good grasp of your policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages available from car insurance companies.
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like vandalism, falling objects, damage from flooding, fire damage and hail damage. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision coverage protection
This pays for damage to your XC60 resulting from a collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as rolling your car, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible on your XC60 in order to get cheaper collision rates.
Liability insurance can cover damage that occurs to other’s property or people that is your fault. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 15/30/10 which means a limit of $15,000 per injured person, a total of $30,000 of bodily injury coverage per accident, and a limit of $10,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against claims like attorney fees, repair costs for stationary objects, repair bills for other people’s vehicles, bail bonds and medical expenses. The amount of liability coverage you purchase is up to you, but buy as much as you can afford. Arizona requires minimum liability limits of 15/30/10 but you should consider buying better liability coverage.
The illustration below shows why buying the state minimum limits may not be enough coverage.
Medical payments coverage and PIP
Medical payments and Personal Injury Protection insurance reimburse you for expenses like EMT expenses, hospital visits and chiropractic care. They are used in conjunction with a health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist coverage
This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many Arizona drivers carry very low liability coverage limits (Arizona limits are 15/30/10), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.
What is the best auto insurance company in Scottsdale?
Picking the top auto insurance company can be challenging considering how many companies sell insurance in Scottsdale. The rank data shown below could help you select which coverage providers to look at when shopping your coverage around.
Top 10 Scottsdale Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
- Liberty Mutual – 88%
Don’t give up on cheap rates
When searching for low cost Scottsdale auto insurance quotes, never buy lower coverage limits just to save a few bucks. There are a lot of situations where drivers have reduced comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your focus should be to find the BEST coverage at the best price, not the least amount of coverage.
Lower-priced Volvo XC60 insurance in Scottsdale can be purchased on the web as well as from independent agents in Scottsdale, so you need to shop Scottsdale auto insurance with both in order to have the best chance of saving money. Some insurance providers may not offer price quotes online and many times these small insurance companies provide coverage only through local independent agents.
Additional detailed information can be read in the articles below:
- Understanding Your Insurance Deductible (Insurance Information Institute)
- How Much are Car Insurance Rates for Good Students in Scottsdale? (FAQ)
- How Much are Auto Insurance Quotes for Retired Military in Scottsdale? (FAQ)
- How Much are Auto Insurance Rates for a Nissan Rogue in Scottsdale? (FAQ)
- Who Has Affordable Car Insurance Rates for Inexperienced Drivers in Scottsdale? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers Over Age 50 in Scottsdale? (FAQ)
- Who Has Affordable Car Insurance for Drivers with Accidents in Scottsdale? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Determining Auto Insurance Rates (GEICO)