Arizona Auto Insurance

The state of Arizona requires all insurance companies to offer uninsured and underinsured motorist insurance to all their policy holders.  Uninsured and underinsured coverage provides protections against drivers who do not carry the mandatory liability auto insurance demanded by the state.  Underinsured and uninsured coverage is not mandatory in the state of Arizona but it is recommended.  If you decide to forego this option, the insurance company is required to provide a signed declaration page stating that you chose not to take the underinsured and uninsured coverage.

You or your insurance company may exclude members of your household from coverage on your insurance policy.  If the individual is not listed on your policy, the insurance company does not have to provide coverage for that person.  If your policy lapses or cancels, you must pay the premium to reinstate the policy.  If the policy is cancelled, then you must find a new auto insurance policy right away.  If you believe your policy has been revoked without just cause, you have ten days to contact the Arizona State Director of Insurance to plead your case.  If you have made multiple attempts to purchase insurance and have had no success, you may be able to obtain coverage through the Arizona Auto Insurance Plan. 

Arizona insurance companies can use your credit history to accept applicants and set insurance rates.  They may also use your credit score to determine your risk factors.  Since Arizona is a Torte state, any individual who is found to be at fault in an accident can be sued for pain, suffering, lost wages, and medical expenses.  For this reason, insurance companies advise policy holders to buy more than the minimum liability auto insurance.  The average insurance premium in Arizona is approximately $913.00 and the state is ranked as the 14th most expensive for insurance premiums in the nation.

There are 76 officially accepted insurance companies listed in Arizona.  They include the following companies:  AAA, Acuity, AIG Advantage, Allied Property and Casualty, All State F and C, Alpha Property and Casualty, American Access Casualty Company, American Bankers IC of Fl., American Commerce, American Family, American National Property and Casualty, American Sterling, Amica Mutual,  Anchor General, Arizona Automobile, Assurance America, Austin Mutual, Badger Mutual, Balboa, Central Mutual, Civil Service Employee, Coast National, Commerce West, Cornerstone National, Country Preferred, Electric Insurance Company, Encompass Property and Casualty, Equity, Esurance, Farm Bureau Mutual, Farmers Insurance Company of Arizona, Federal, Fidelity National, Fireman’s Fund, Government Employees Insurance Company, Great Northwest, Hallmark, Horace Mann Property and Casualty, IDS Property and Casualty, Infinity Select, Integon Ind. Corp., Liberty Mutual Fire, Lincoln General, Merastar, Mercury Casualty, Metropolitan Casualty, MGA, Milbank, National Guaranty Insurance Company, Nevada General, Occidental F & C Company of NC, Owners, Permanent General Assurance Corporation, Primero, Progressive Preferred, QBC Insurance Corporation, Safe Auto, SAFCO, Safeway, Sagamore, Secura Supreme, Sentinel, Sentry, State Farm Mutual Auto Insurance Company, Topa, Travelers Home and Marine, Unigard, Union Insurance Company of Providence, United Automobile, United Automobile, United Service Auto Association, Unitrin Direct Property and Casualty, Universal Casualty, Victoria Specialty Insurance Company, Warner, West American, Western General.

Of theses companies the three with the overall lowest premiums were Badger Mutual, Fidelity National, and Government Employees Insurance Company.  This was based on a couple in their 80’s living in Safford, Arizona.  The company with the overall highest rates across all age and marital status groups was Sagamore.

One of the methods you can use to reduce the cost of your auto insurance premiums is to purchase more than one type of insurance policy with the same company.  You will also get discounts for a clean driving record and possibly for renewing you policy with the same company repeatedly.  Making sure you insurance never lapses will sometimes reduce your premiums as well as belonging to a particular professional group such as engineers, teachers, or doctors.  Younger drivers can get discounts for maintaining good grades, and completing a driver safety course approved by the state.  Insuring multiple vehicles will also reduce your premiums.  Anti theft devices and safety mechanisms such as airbags and seat belts will contribute to the reduction of your auto insurance premiums.