From QuoteScout.com

What You May Not Know (And Your Insurance Agent Isn't Going to Tell You) About Saving Money on Your Arizona Auto Insurance Policy

Posted in: Auto Insurance Articles

By Anthony M. Peck
Oct 29, 2009 - 2:02:31 PM

You always hear people talking about the deep, dark secrets that will help you save money on your auto insurance. Secrets rituals under the moon? Not so

Do you know the secret to saving money on your auto insurance?

much. Sacrificing your first born? Not necessary (although you're probably going to want to think about sacrificing their driving privileges when they turn sixteen and you see what adding a teenage driver is going to do to your insurance rates!). No, the real secret to saving money on your Arizona auto insurance coverage is finding out what your insurance agent isn't going to tell you.

Now, here at QuoteScout we're big on telling you to be prepared. That's that Boy Scout legacy carrying over! Every once in a while, however, you have to think outside the safety box to do what's best for your budget-and that includes your auto insurance. Let's talk about comprehensive and collision coverage. Now, if you're in an accident for which you or Mother Nature (who somehow can never bother to show up for her court date) is responsible you're going to end up being the one to foot the bill.

Sooner or later, however, the value of your car is going to depreciate far enough that you're going to be paying more to insure it than you would to just shell out for a new one. Most experts say that when your car's value falls below $2,500-$3,000 you're better off just saving up each month and sticking it into a savings account than spending the extra for comprehensive or collision-that $2,500 is a nice head start on your down payment, but you're probably still going to end up going to a dealer and cutting a deal for new car financing.

Next, let's take a look at what kind of car you're cruising around in. You've heard us say it before, but it bears repeating. Most Arizona auto insurance companies will tell you that the type of car you drive won't have a huge impact on your insurance rates, but when every penny counts the amount you can save by picking up a car that's 100% insurance friendly.

Is filing an auto insurance claim going to be worth it? Unless your car is completely totaled you're going

Raising your deductibles may seem to go against principle, but it's a great way to keep your auto insurance rates down.

to be looking at a repair bill rather than a full replacement cost-and you're going to have to decide whether to pay that bill yourself or file a claim with your Arizona auto insurance company. On one hand, this is what you have insurance for. On the other hand, you can guarantee that they're going to cut you a check with one hand and raise your insurance rates with the other. Sometimes it's better to swallow the bill for a couple of hundred dollars yourself than deal with the raise in your insurance rates for the next five years.

There are plenty of ways to save money on your Arizona auto insurance, but sometimes it pays to know the things they're not telling you. Now that you do, what are you going to do with it?