Cheap Auto Insurance Quotes for Drivers Requiring a SR22 in Arizona

The words “low-cost” and “auto insurance” probably shouldn’t be used in the same sentence, in particular when you are searching for the best car insurance for drivers requiring a SR22. Because of the high cost, let’s introduce you to some things the can have a considerable influence on insurance premiums, and figure out some ideas to cut the cost of your next policy.

For high risk drivers, one of the largest criteria that aid in calculating the cost of insurance is where you keep your vehicle. More populated areas like Phoenix, San Tan Valley, and Tempe tend to pay more, whereas areas with less traffic congestion and claims have the gratification of cheap car insurance for drivers requiring a SR22 in Arizona.

The information below lists the most expensive places in Arizona for drivers requiring a SR22 to purchase a policy in.

Prices are comparative as specific Arizona zip code can increase or decrease coverage rates noticeably.

The car, truck, or SUV you are trying to insure is one of the primary factors that determines if you can find economical insurance for drivers requiring a SR22. Vehicles with lots of speed or power, poor crash test ratings, or a history of substantial liability claims will cost much more to insure than safer models.

The tables below presents insurance premiums for a number of the cheapest vehicles to insure.

Table data assumes single female driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Information does not factor in your specific Arizona location which can revise price quotes substantially.

Prices above based on single female driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Premium amounts do not factor in specific zip code location which can impact auto insurance rates considerably.

Data rating is based on single female driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Rates do not factor in vehicle garaging location which can modify premiums substantially.

Finding reasonably-priced auto insurance is confusing at best, and deciding which companies have the most affordable insurance rates for drivers requiring a SR22 will involve even more work. Prices will probably be much higher than the state average due to the additional risk that goes along with offering insurance for high risk drivers, but affordable coverage should be available if you are thorough.

Every auto insurer uses different criteria to set premium rates, so first we will examine the insurance companies that tend to have lower prices in Arizona. It’s a good idea to be aware that Arizona insurance rates are impacted by many factors which can substantially decrease or increase the price of coverage. This price variability is why consumers need to take the time to shop around with many companies when trying to get affordable car insurance rates for drivers requiring a SR22. Insurance prices can be altered by many risk factors and change frequently, so the best option when you bought your policy may now be quite expensive.

Lowest Insurance Price Quotes for SR22 Drivers

Compare Rates Today

The Hartford quotes some of the cheapest car insurance rates in Arizona at around $845 annually. Safeco, Auto-Owners, USAA, and Travelers also rank well as some of the cheaper Arizona auto insurance companies.

As illustrated above, if you currently have coverage with USAA and switched to Safeco, you might achieve savings of roughly $184. Drivers with Travelers could save as much as $212 a year, and GEICO policyholders might reduce prices by as much as $246 a year.

If you want to see how much you could save, click here to start a quote or visit any of the low-priced companies below.

Remember that these rates are averages across all types of drivers and the different vehicles they drive and are not factoring in a rate increase for drivers requiring a SR22. So the car insurance company that has the cheapest price for you may not even be shown in the list of companies shown earlier. That is why you need to compare as many prices as possible using your own driver information and specific vehicle type.

Full coverage rates compared to liability-only

Finding cheap car insurance for drivers requiring a SR22 in Arizona should be important to the majority of drivers, and one good way to buy cheap insurance is to buy only liability coverage. The diagram below shows the comparison of car insurance rates with full phyical damage coverage and with liability coverage only. The information is based on no accidents or driving violations, $100 deductibles, marital status is single, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 3985,1203],[‘Age 30’, 2027,661],[‘Age 40’, 2025,613],[‘Age 50’, 1839,573],[‘Age 60’, 1781,565],[‘Age 70’, 2171,753]]);var options = {title: ‘Full Coverage Compared to Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Arizona’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If we average the cost for ages 20 through 70, full coverage on your policy costs an extra $2,305 per year over and above liability only. That brings up the question if buying full coverage is worth the expense. There is no specific rule of when to eliminate full coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your vehicle’s replacement cost is $10,500 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $9,500 after you pay the deductible. If it’s costing you more than $950 annually for your policy with full coverage, then you might consider buying liability only.

There are some situations where only buying liability is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.

The information below illustrates how your deductible choice can impact annual premium costs when getting quotes for cheap insurance for drivers requiring a SR22. The information is based on a married male driver, full physical damage coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3477,3169,2827,2505],[‘Age 30’, 1821,1657,1471,1291],[‘Age 40’, 1743,1595,1421,1259],[‘Age 50’, 1597,1461,1307,1157],[‘Age 60’, 1569,1433,1281,1135],[‘Age 70’, 1801,1655,1491,1339]]);var options = {title: ‘Deductibles and Insurance Prices in Arizona’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The data above shows that a 40-year-old driver could pocket $290 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $440 by selecting a $1,000 deductible. Even younger insureds, like the 20-year-old example, could possibly save as much as $972 annually by choosing larger deductibles on their policy. If you make the decision to raise deductibles, it is essential to have additional funds squirreled away to cover the extra out-of-pocket expense that is associated with using high deductibles.

Who has the cheapest insurance quotes for high risk drivers?

There are many different ways to quote cheap insurance rates in Arizona, but the most preferred methods are using an independent agent, an exclusive insurance agency such as State Farm or Allstate, or from a direct company like Geico.

They all have the same end result, but buyers need to know the differences in how they function.

Independent insurance agencies have contracts with many companies and can get rate quotes from every one. These types of agents have the ability to give you more rate choices, which may give you improved odds of finding cheaper coverage. If they find a lower price, your policy can be easily switched to a new company and you can remain with the same agent.

An agent who is captive is only able to quote your policy with a single insurance company, for example an Allstate or State Farm agent. Exclusive agents cannot place coverage with different providers, so if finding the cheapest insurance is your goal, you will want to shop around.

The final way is buying direct, which means you forego local insurance agents and instead shop buying direct from a company like Esurance or Geico. Shopping for insurance direct may be preferred by people who do not need advice for asset protection and have an above average understanding of the limitations of their policy.

When shopping for insurance, which way works best for finding cheap car insurance for drivers requiring a SR22 in Arizona? We’d like to say buying from a direct car insurance company saves money since there is no middleman, but in reality, that argument does not hold true. A good argument could also be made that using an independent agent results in the best rates due to increased selection, but that is not accurate either. In some circumstances, exclusive agents have extremely competitive rates that cannot be met by either independent or direct companies.

Because it’s impossible to say who has the best insurance rates, really the only way to ensure you are not overpaying for insurance is to compare rate quotes from as many companies as possible. Put in the effort to get quotes from all three types in order to find the best price. For a list of insurance companies with low rates, click here to view.

Find cheap car insurance for drivers requiring a SR22 in Arizona

The list below shows many penny-pinching ideas that can help Arizona drivers buy low-cost auto insurance.

• Home or renters coverage can save on auto insurance
• Avoid preventable accidents
• Try paying for small claims out-of-pocket
• Do not insure for full coverage
• Get cheaper liability coverage by choosing a safer vehicle
• Do not get traffic tickets
• Compare rates often to find the best deal

That final tip is highly crucial, as we noted in this piece. Prices charged by car insurance companies in Arizona adjust frequently, so don’t be hesitant to switch to a new company if you find a cheaper price. Brand loyalty is great, but it’s not recommended if that devotedness results in you overpaying a small fortune. In just a couple of minutes you could compare prices and find cheaper auto insurance for drivers requiring a SR22.