How many years has it been since you compared more competitive Chevy Volt insurance in Phoenix? If you are new to online auto insurance, you can easily be baffled by the large number local agents and online companies vying for business in Phoenix.
A recent survey discovered that a large majority of auto insurance policyholders in Arizona kept their coverage with the same auto insurance company for over three years, and nearly the majority have never even compared rates from other companies. The average driver in the U.S. can save as much as $860 each year by just comparing quotes, but they feel it’s too difficult to compare rate quotes.
If you have a policy now, you will surely be able to find the best rates using the concepts covered in this article. Getting quotes for the lowest-priced auto insurance policy in Phoenix is actually quite simple. Nevertheless, Arizona drivers must understand how big insurance companies determine how much to charge because rates fluctuate considerably.
Low cost Chevy Volt insurance prices in Phoenix, AZ
When shopping for Chevy Volt insurance in Phoenix there are multiple ways to compare prices from local Phoenix auto insurance companies. The simplest method to comparison shop is simply to get online rate quotes. Keep in mind that comparing more prices helps you find a lower rate than you’re paying now.
The companies shown below provide free quotes in Phoenix, AZ. If multiple companies are shown, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.
Save a ton with discounts
Companies that sell car insurance do not advertise every discount available in a way that’s easy to find, so the below list has some of the more common and the harder-to-find discounts that you can inquire about if you buy Phoenix auto insurance online.
- Clubs and Organizations – Joining qualifying employment or professional organizations could qualify you for a break on your policy.
- Save over 55 – Drivers that qualify as senior citizens may qualify for better insurance rates.
- Discount for New Cars – Buying a new car model can cost up to 25% less since new vehicles are generally safer.
- Policy Bundle Discount – If you insure your home and vehicles with the same insurance company you could get a discount of at least 10% off all policies.
- Defensive Driver Discount – Taking part in a course teaching driver safety skills may get you a small discount and also improve your driving technique.
- Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will save you 10% or more on Volt insurance in Phoenix.
You can save money using discounts, but some credits don’t apply to the entire cost. Most only apply to individual premiums such as comp or med pay. If you do the math and it seems like you would end up receiving a 100% discount, you’re out of luck. Any amount of discount will lower the premium cost.
Popular insurance companies and the discounts they provide can be found below.
- State Farm offers discounts including good driver, driver’s education, Steer Clear safe driver discount, accident-free, Drive Safe & Save, good student, and defensive driving training.
- Farmers Insurance may offer discounts for distant student, bundle discounts, business and professional, good student, early shopping, and electronic funds transfer.
- GEICO includes discounts for daytime running lights, driver training, five-year accident-free, anti-theft, membership and employees, and emergency military deployment.
- American Family offers discounts for mySafetyValet, defensive driver, multi-vehicle, accident-free, early bird, and bundled insurance.
- Nationwide discounts include easy pay, business or organization, accident-free, defensive driving, family plan, and multi-policy.
- Progressive offers premium reductions for multi-vehicle, online quote discount, online signing, multi-policy, homeowner, and continuous coverage.
If you are trying to find cheaper Phoenix auto insurance quotes, ask every company to give you their best rates. Some discounts might not apply in Phoenix. If you would like to view insurance companies that offer discounts in Arizona, click here.
Local Phoenix car insurance agents
A small number of people would prefer to have an agent’s advice and doing that can be a smart decision A good thing about getting free rate quotes online is you can get cheap car insurance quotes and still buy from a local agent. Buying insurance from local insurance agents is definitely important in Phoenix.
To make it easy to find an agent, after completing this simple form, your insurance data is emailed to insurance agents in Phoenix who will give you bids for your insurance coverage. You won’t even need to search for an agent due to the fact that quote results will go to the email address you provide. You can find the lowest rates and a licensed agent to talk to. If you wish to compare rates from a specific company, you would need to jump over to their website and complete a quote there.
Choose the right auto insurance agent
If you want to use a local Phoenix insurance agent, there are a couple of types of agencies that you can choose from. Car insurance agents in Phoenix may be either exclusive or independent.
Independent Car Insurance Agencies or Brokers
Agents in the independent channel are normally appointed by many insurers so they can quote policies through many companies and find the cheapest rate. If premiums increase, they simply switch companies in-house and you stay with the same agent. If you are comparing rate quotes, you need to get rate quotes from multiple independent agents to get the best comparison. They often place coverage with less well-known companies that may have much lower rates than larger companies.
Shown below is a list of independent agents in Phoenix who may be able to give you free rate quotes.
- Fasula Kaplan Insurance Agency
11022 N 28th Dr Suite 125 – Phoenix, AZ 85029 – (602) 564-0880 – View Map - Daniels Nicolson Insurance Agency, Inc
4411 N 19th Ave – Phoenix, AZ 85015 – (800) 972-1893 – View Map - Travelers Insurance
22601 N 19th Ave #216 – Phoenix, AZ 85027 – (623) 572-0032 – View Map
Exclusive Car Insurance Agents
Agents that elect to be exclusive can only place business with one company like Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot give you multiple price quotes so always compare other rates. These agents are well schooled on their company’s products which helps them sell on service rather than price. Some people will only use the same exclusive agent mostly because of the brand name and the convenience of having a single billing for all their coverages.
The following are Phoenix exclusive insurance agencies who can help you get price quotes.
- Marcella Busto – State Farm® Insurance Agent
3401 N 32nd St B – Phoenix, AZ 85018 – (602) 955-5450 – View Map - Andy Carrillo – State Farm Insurance Agent
4713 E Southern Ave – Phoenix, AZ 85042 – (602) 426-8088 – View Map - Arly Sanchez – State Farm Insurance Agent
1625 N 51st Ave Ste 103 – Phoenix, AZ 85035 – (602) 455-2886 – View Map
Finding a good insurance agency requires you to look at more than just a cheap price quote. These are valid questions to ask:
- Is the agency covered by Errors and Omissions coverage?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- How often do they review coverages?
- Can you contact them at any time?
- Can they help ensure a fair claim settlement?
When in doubt talk to an agent
When it comes to your policy, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs and your insurance should be unique as well.
Here are some questions about coverages that can aid in determining whether you would benefit from professional advice.
- Is my Chevy Volt covered for smoke damage?
- What is motorclub and do I need it?
- When should I buy a commercial auto policy?
- Am I covered when driving on a suspended license?
- Am I covered when driving a rental car?
- Can I afford low physical damage deductibles?
- Is a driver training discount available?
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Four Things That Determine Your Insurance Premiums
Part of the insurance buying process is learning the factors that play a part in calculating your insurance rates. If you understand what influences your rates, this enables informed choices that can help you get better insurance rates.
The factors shown below are some of the items used by companies to determine your premiums.
Only buy coverage you need – Insurance policies have a lot of additional coverages that you can buy on your Volt policy. Insurance for roadside assistance, accident forgiveness, and membership fees are some examples. They may seem like a good idea when discussing your needs, but now you might not need them so eliminate them to save money.
Single drivers may pay higher costs – Having a wife or husband can get you a discount on your insurance bill. It demonstrates that you tend to be more mature than a single person and statistics prove drivers who are married file infrequent claims.
Prevent insurance policy lapses – Having a gap between insurance policy dates is a quick way to increase your rates. In addition to paying higher premiums, the inability to provide proof of insurance may result in a hefty fine and possibly a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Arizona motor vehicle department.
Better credit means lower prices – Having a bad credit score factor in your rate calculation. Insureds with excellent credit tend to be more responsible and file fewer claims than drivers with lower credit scores. So if your credit rating is lower than you’d like, you could pay less to insure your Chevrolet Volt by repairing your credit.
Insurance loss data for a Chevy Volt – Insurers use historical loss data when setting rates for each model. Models that have a higher amount or frequency of claims will have higher rates.
The next table shows the historical loss data for Chevy Volt vehicles. For each policy coverage, the loss probability for all vehicles, regardless of manufacturer or model, is set at 100. Values that are below 100 indicate a favorable loss history, while numbers above 100 point to more frequent losses or an increased probability of a larger loss.
Chevrolet Volt Insurance Claim Statistics
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Volt Electric | 89 | 83 | 81 | 71 | 73 | 90 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Buying the right Volt insurance in Arizona is an important decision
Despite the fact that insurance is not cheap in Phoenix, paying for insurance serves an important purpose.
- Just about all states have mandatory insurance requirements which means the state requires a specific level of liability in order to license the vehicle. 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.
- If you bought your Volt with a loan, most lenders will have a requirement that you have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Chevy for a lot more money and require you to fork over much more than you were paying before.
- Insurance safeguards both your car and your assets. It will also pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay attorney fees if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having insurance definitely exceed the price paid, especially if you ever need it. The average driver in Arizona is overpaying more than $830 a year so we recommend shopping around at every policy renewal to make sure the price is not too high.
Lower rates by being persistent
As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where an insured dropped uninsured motorist or liability limits and discovered at claim time that it was a big mistake. Your goal should be to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.
Low-cost Chevy Volt insurance in Phoenix can be found both online as well as from insurance agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not offer the ability to get a quote online and most of the time these small insurance companies prefer to sell through local independent agencies.
More tips and info about auto insurance is available in the articles below:
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- How Much are Car Insurance Rates for a Chevrolet Equinox in Phoenix? (FAQ)
- What Car Insurance is Cheapest in Phoenix, Arizona? (FAQ)
- What Insurance is Cheapest for 19 Year Olds in Phoenix? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Government Employees in Phoenix? (FAQ)
- How Much is Car Insurance for Uninsured Drivers in Phoenix? (FAQ)
- How Much is Phoenix Auto Insurance After a Speeding Ticket? (FAQ)
- Who Has the Cheapest Auto Insurance for Nurses in Phoenix? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- Older Drivers FAQ (iihs.org)
- Vehicle Insurance (Wikipedia)
- Auto Insurance Basics (Insurance Information Institute)