When you get Arizona insurance quotes for your auto, it can be difficult to determine exactly how they’re calculated. There are line items for different coverage selections, but there isn’t any breakdown of what factors are used to determine your particular policy amount. That can be frustrating, especially if you’re wondering how to save money on your car insurance. Here is a list of the factors that have the most effect on your rates when you get Arizona insurance quotes for auto insurance.
The Model of Your Car
Some car makes and models are stolen much more often than others, and that can affect the amount you pay for insurance. It’s not always more expensive models. Some moderately priced cars make the list as often as sports cars and luxury autos.
Your Car’s Safety Record
It makes sense that a car with a poor safety record would cost more to insure than a safer model. A vehicle’s safety record can affect more than one line item when you’re looking to get Arizona insurance quotes. You may pay more for insurance on liability for the driver and the passengers as well as on collision insurance on the car itself.
Your Car’s Age
Insurance companies factor depreciation into your insurance rate as your car gets older. This has two effects on your car insurance. First, your policy premium for collision and comprehensive will go down. On the flip side, you’ll be paid less if your car is a total loss in a wreck, or if it’s stolen.
Driver Risk Profile
Everyone is not created equal when they get Arizona insurance quotes for their auto. If you’re very young, have a lot of speeding tickets or accidents on your record, or fit another profile factor that indicates you’re more likely to make a claim, you’ll pay more for your insurance.
Where You Live
Your address affects your insurance premiums. If you live a congested city where fender benders are common, or where car thefts are more likely than elsewhere, you’ll pay substantially more for your insurance. Insurance companies have a list of areas by zip code with statistical information about the incidence of accidents and crimes.
How Much You Drive
It makes sense that the more you drive, the more chances there are for you to be involved in an accident. Insurance companies charge higher rates for drivers that log a lot of miles compared to average drivers. In some cases, this can boost insurance rates for people that live in isolated rural areas, even though the area has a much lower incidence of accidents and thefts.