Smart shoppers know that insurance companies want to keep your business as long as possible. Consumers who get price quotes annually will, in all likelihood, buy a new policy because there is a good chance of finding more affordable rates. A recent study showed that consumers who faithfully checked for cheaper rates saved on average $850 each year as compared to drivers who didn’t regularly shop around.
If finding the lowest rates on Scion xD insurance is why you’re reading this, then having a grasp of how to get free comparison quotes and analyze insurance can save time, money, and frustration.
The best way to find the cheapest price for Scion xD insurance is to start comparing prices yearly from insurance carriers that sell auto insurance in Mesa. Rate comparisons can be done by following these steps.
First, take a few minutes and learn about how companies price auto insurance and the modifications you can make to keep rates down. Many policy risk factors that cause rate increases such as at-fault accidents, speeding tickets, and a low credit score can be remedied by paying attention to minor details.
Second, compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or State Farm, while independent agents can give you price quotes from multiple insurance companies.
Third, compare the new rates to your existing coverage to see if you can save by switching companies. If you find better rates and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
An important part of this process is to make sure you’re comparing similar limits and deductibles on every quote and and to look at all possible companies. Doing this enables a fair price comparison and the best price selection.
Locating the best rates in Mesa is not that difficult. In a nutshell, every car owner who is required to buy car insurance stands a good chance to find a better price. But Arizona car owners must learn how companies determine prices and apply this information to your search.
Car insurance analysis for a Scion xD
The information below highlights estimates of insurance costs for Scion xD models. Learning a little about how insurance prices are formulated helps drivers make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $128 | $268 | $288 | $18 | $86 | $788 | $66 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Rates do not factor in zip code location which can influence rates significantly.
Where to set your deductibles
One of the most common car insurance questions is how low should you set your deductibles. The premium rates below can help you understand the differences in price when you buy lower versus higher deductibles. The first pricing table uses a $100 deductible for comp and collision and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $224 | $466 | $300 | $18 | $90 | $1,123 | $94 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $164 | $314 | $300 | $18 | $90 | $886 | $74 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Table data does not factor in specific location which can revise price quotes substantially.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $20 more each month or $240 for a full year averaged for all xD models than choosing the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 20 months between claims, you would probably come out ahead if you elect the higher deductible.
Annual premiums comparing men and women
The information below shows the comparison of Scion xD yearly insurance costs for male and female drivers. The data is based on a clean driving record, no at-fault accidents, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Do you need full coverage?
The information below compares Scion xD annual premium costs with and without physical damage coverage. The prices are based on no tickets, no at-fault accidents, $250 deductibles, single status, and no discounts are applied.
When to drop comp and collision
There is no definitive guideline of when to eliminate physical damage insurance, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Scion xD settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $7,000 after paying your policy deductible. If you are paying more than $700 a year to have full coverage, then it may be the right time to buy liability only.
There are some scenarios where dropping full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
Best auto insurance in Mesa
Ending up with the highest-rated car insurance company is hard considering how many choices drivers have in Arizona. The rank data shown next could help you analyze which auto insurers to look at comparing rates from.
Top 10 Mesa Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
- Mercury Insurance
Top 10 Mesa Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- GEICO
- Liberty Mutual
- Progressive
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
Insurance coverage specifics
Learning about specific coverages of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from insurance companies.
Comprehensive auto coverage
This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as hail damage, falling objects and theft. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for pain medications, funeral costs and EMT expenses. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
Liability car insurance
Liability coverage provides protection from injuries or damage you cause to other’s property or people in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 15/30/10 which stand for a limit of $15,000 per injured person, $30,000 for the entire accident, and a limit of $10,000 paid for damaged property.
Liability coverage pays for things such as loss of income, repair bills for other people’s vehicles and legal defense fees. How much liability coverage do you need? That is up to you, but you should buy as large an amount as possible. Arizona requires drivers to carry at least 15/30/10 but you should think about purchasing more coverage.
The illustration below shows why the minimum limit may not provide you with enough coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as damage to your Scion xD.
Due to the fact that many Arizona drivers have only the minimum liability required by law (Arizona limits are 15/30/10), their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Collision protection
Collision coverage will pay to fix damage to your xD resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like colliding with a tree, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible on your xD in order to get cheaper collision rates.
Persistent drivers can save
Throughout this article, we presented a lot of tips how to lower your Scion xD insurance prices in Mesa. The key thing to remember is the more quotes you get, the higher your chance of finding low cost Mesa auto insurance quotes. You may even discover the best prices are with some of the lesser-known companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or GEICO.
Cheap Scion xD insurance in Mesa can be bought online and with local Mesa insurance agents, so you need to shop Mesa auto insurance with both in order to have the best price selection to choose from. A few companies may not have internet price quotes and many times these regional carriers only sell coverage through local independent agents.
When trying to cut insurance costs, don’t be tempted to buy poor coverage just to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage for the lowest cost, not the least amount of coverage.
For more information, feel free to browse the following helpful articles:
- Car Insurance: When not to Skimp (BankRate.com)
- What Car Insurance is Cheapest for 18 Year Olds in Mesa? (FAQ)
- Who Has Cheap Auto Insurance for a 20 Year Old Male in Mesa? (FAQ)
- What Auto Insurance is Cheapest for 4×4 Vehicles in Mesa? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Low Income Drivers in Mesa? (FAQ)
- Who Has the Cheapest Mesa Car Insurance for Drivers Under 21? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Safe Drivers in Mesa? (FAQ)
- Who Has Cheap Mesa Car Insurance Rates for Seniors? (FAQ)
- Safety Features for Your New Car (State Farm)
- Rollover Crash FAQ (iihs.org)
- State Laws for Cellphones and Texting (iihs.org)
- Shopping for a Safe Car (Insurance Information Institute)