The best way to get the cheapest Scion iQ insurance in Scottsdale is to start comparing prices yearly from different companies in Arizona.
- First, take a little time to learn about what coverages are included in your policy and the steps you can take to keep rates down. Many factors that drive up the price like careless driving and a bad credit score can be rectified by making lifestyle changes or driving safer.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from one company like GEICO and Allstate, while independent agencies can provide price quotes from multiple sources. Get quotes now
- Third, compare the new rates to the premium of your current policy to see if switching to a new carrier will save money. If you find better rates and switch companies, ensure coverage does not lapse between policies.
- Fourth, notify your agent or company of your intent to cancel your current policy. Submit a down payment and signed policy application to the new company. When you receive it, place your new proof of insurance certificate with your vehicle’s registration.
The most important part of shopping around is to compare similar coverage information on each quote and and to get price quotes from as many auto insurance providers as possible. Doing this provides the most accurate price comparison and the best price selection.
It’s an obvious assumption that insurance companies don’t want you shop around. Insureds who shop around for better prices will presumably switch companies because there is a great chance of finding a more affordable policy premium. A recent survey found that people who shopped around every year saved over $865 a year compared to policyholders who never shopped around for lower prices.
If finding budget-friendly rates on car insurance in Scottsdale is your intention, then knowing how to find and compare auto insurance can make it easier for you to save money.
Quoting and comparing the cheapest auto insurance policy in Scottsdale is easy to do. Practically every vehicle owner who shops around for auto insurance will probably find a lower price. Nevertheless, Arizona vehicle owners do need to know the way companies calculate their prices and use this information to your advantage.
To find the best car insurance prices, there are several ways of comparing rate quotes from local Scottsdale car insurance companies. The easiest way by far to lower the rate you pay for insurance is to jump online and get quotes. When comparison shopping, having more price comparisons helps you find the best offered rates.
The companies shown below are our best choices to provide price quotes in Scottsdale, AZ. To buy the best cheap car insurance in AZ, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Insuring your Scion vehicle just makes sense
Despite the fact that car insurance is not cheap in Scottsdale, insurance is required in Arizona but also provides important benefits.
First, most states have mandatory liability insurance requirements which means you are required to carry a minimum amount of liability in order to get the vehicle licensed. 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 Scion iQ, most banks will have a requirement that you have insurance to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender may insure your Scion for a lot more money and force you to pay the higher premium.
Third, car insurance protects both your Scion and your assets. Insurance will also pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay attorney fees if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your car more than cancel out the cost, especially if you ever need it. On average, a vehicle owner in Scottsdale is wasting up to $865 each year so you should quote your policy with other companies each time the policy renews to save money.
Smart Consumers Can Reduce Insurance Rates
A large part of saving on car insurance is knowing the different types of things that come into play when calculating your policy premiums. If you understand what determines base rates, this allows you to make good choices that may reward you with much lower annual insurance costs.
Pay more if you have a long commute – Living in areas with lower population is a good thing if you are looking for the lowest rates. Lower population means reduced accidents in addition to lower liability claims. People who live in big cities have to deal with more traffic problems and higher rates of accident claims. More time commuting means a statistically higher chance of an accident.
Impacts performance impacts auto insurance prices – The performance of the car, truck or SUV you need insurance for makes a big difference in determining your rates. Low performance passenger cars usually have the lowest premiums, but the final cost of insurance is determined by many other factors.
More policies can equal more savings – Some companies apply a discount for people that purchase more than one policy, otherwise known as a multi-policy discount. Even if you already get this discount, it’s still a good idea to shop around to help ensure you have the lowest rates.
Never let your coverage expire – Having an insurance coverage lapse is a guaranteed way to drive up your policy premiums. And not only will your rates increase, not being able to provide proof of insurance may earn you a steep fine or even jail time. You may have to file a SR-22 with the Arizona motor vehicle department.
Scion iQ claim probability – Companies use past insurance losses to help determine the rate you pay. Vehicles that have a trend towards higher claims will be charged more to insure. The information below illustrates the insurance loss data for Scion iQ vehicles.
For each policy coverage type, the claim probability for all vehicles, regardless of manufacturer or model, is a value of 100. Values under 100 imply a favorable loss record, while values that are above 100 indicate a higher chance of having a claim or an increased chance of a larger loss.
| Specific Scion Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Scion iQ | 77 | 81 | 75 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Be persistent and save
You just learned a lot of tips how to reduce Scion iQ insurance premium rates online in Scottsdale. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest premium rates are with a smaller regional carrier.
As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped full coverage and learned later that the savings was not a smart move. Your goal is to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.
Some companies may not offer rate quotes online and most of the time these smaller companies only sell coverage through independent insurance agencies. Cost effective Scion iQ insurance is available from both online companies as well as from insurance agents, and you should compare price quotes from both to have the best selection.
Additional information is available on the following sites:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Who Has the Cheapest Car Insurance for Homeowners in Scottsdale? (FAQ)
- How Much is Scottsdale Car Insurance for Drivers Requiring a SR22? (FAQ)
- A Tree Fell on Your Car: Now What? (Allstate)
- Safety Belts FAQ (iihs.org)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- Auto Crash Statistics (Insurance Information Institute)