Reader’s Question:

I have my teenager listed on my own car insurance policy in Phoenix, Arizona. He reared a brand new mustang and we had to make claims from our insurer. Will my car insurance rate go up upon renewal if my policy should expire?

Tom

Phoenix, AZ

That is one big crash to your bank account if you didn’t have car insurance policy in Phoenix. Your insurer must be in a bad shape after paying for the damages on that mustang!

For most insurers, accident rate of listed drivers will definitely affect car insurance premiums. In fact, being accident prone and high probability of road accidents for teenage drivers is reason enough for your premiums to get raised by your car insurer in Arizona.

You might experience irreversible results for now on your car insurance premium’s possible increased rates because of that accident. However, you can always ask the insurance regulating agency in Phoenix, AZ to check if you are not overcharged if any increase happens. Your insurer in Phoenix will be more than happy to explain to you their rating system.

A good way too for you to check if your car insurance rates are reasonable is to shop around for free quotes online. You can get good quotes from around Arizona through this website and I think it is wise for you to do that. Once you submit your zip code, you will be given a comparison chart for local insurers in your area who can give you some free quotes. Once you have those quotes, simply compare that to the probable new rate you might be charged by your present insurer and see if you are not charged too high.

I hope your car insurance rate would not increase as much!

Tags: auto insurance online, car insurance quotes, car insurance rate, teen insurance