Arizona Auto Insurance
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Arizona is a tort state and by this we mean that they hold drivers liable for any damages caused in an accident. A tort system of insurance requires drivers to carry mandatory liability coverage, but Arizona auto insurance is unique in that you can bypass this requirement by depositing a $40,000 amount into a certificate. This certificate basically vouches for your financial responsibility. Most people opt for purchasing auto insurance instead, as the certificate is too much of a financial burden.
Free Auto Insurance Quotes
To get a quick, no-obligation quote on car insurance for Arizona drivers, type your zip code below and click "Get My Quotes."
Arizona Auto Insurance Requirements
Arizona auto insurance liability minimums are some of the lowest in the country, but that doesn't mean that coverage comes cheap. The State of Arizona requires 15/30/10 in coverage, which translates to $15,000 for personal medical expenses, $30,000 for two or more people’s medical costs, and $10,000 for property damage expenses caused by an accident for which you're at fault. Since the minimums are so low, it is suggested to purchase additional coverage when buying car insurance in Arizona.
Arizona alsos offer additional coverage, such as uninsured/under-insured coverage but these are not mandatory. However, you should strongly consider purchasing additional coverage in order to protect your finances in the event that you are in an accident caused by an uninsured driver.
Insurance Premiums in Arizona
Arizona ranked 13th against the other states on amount of money spent on car insurance in 2003. Arizona residents spent on average $502.58 on liability coverage, $318.85 on collision coverage, and $233.52 on comprehensive coverage for their auto insurance in 2003. For all of that year, on average Arizona auto insurance cost residents $920.38, making it one of the more expensive states to purchase car insurance coverage.
In Arizona, auto insurance rates are determined by the amount of money it will cost the insurance company to insure the entire driving population of the state, and then several other variables are factored in. Some of the other considerations used to determine individual premiums are age, location, driving record, and make/model of the car driven. Not all insurance companies calculate car insurance rates the same way, either. A driver may receive reduced rates for things like a good driving record and for driving a non-sporty vehicle.
Arizona Car Insurance Carriers
Drivers in Arizona have a wide variety of highly-rated companies to choose from and rates may vary widely from carrier to carrier. Some of the major companies that offer Arizona auto insurance are:
- Progressive
- GEICO
- AIG
- Safeco
- 21st Century Insurance
- GMAC Insurance
- Unitrin Direct
- The Hartford
- State Farm
- Farmers Insurance
Additional Auto Insurance Information
You can find more information on Arizona auto insurance by contacting the Arizona Department of Insurance:
Arizona Department of Insurance
2910 N. 44th St.
Suite 210
Phoenix, AZ 85018-7269
Phone: (800) 325-2548
www.azinsurance.gov
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