The Importance of Arizona Car Insurance

If you live in the state of Arizona it is very important that you have the appropriate car insurance in place. Arizona car insurance is something that you must carry in order to not only follow the law but also protect yourself from other drivers on the road who may not be insured.

Important Insurance Consideration

When you are looking for the right insurance for your vehicle there are a few points to keep in mind. First of all, how new if your vehicle? The newer that your vehicle is the more expensive your insurance premiums may be. However, it is always a good idea to have the best insurance on a brand new vehicle in case there is some type of accident that occurs.

In Arizona all drivers are required to show financial responsibility. Even if you are an excellent driver and have never had an accident in your life, there is always a chance that an accident could happen, even if it isn’t your fault. If you do not have the appropriate coverage you are looking at a hefty fine as well as possibly having your license suspended.

There are two types of insurance that can be obtained in Arizona. Either proof of liability insurance of certificate of deposit of $40,000 assigned to the Office of the Arizona State Treasurer is required. It is extremely important that you prove financial responsibility so that if you are in an accident you can prove that you can pay for damages.

However, the state of Arizona will accept a payment of $40,000.00 as proof of your insurance responsibility. If you are caught driving without the appropriate type of financial liability you are facing a minimum find of $250.00 and possibly face suspension of your license for 3 months.

If you choose to show your financial responsibility through insurance you must also carry liability insurance. This type of insurance helps you pay for bodily injury for other drivers or even passengers that may be involved in an accident with you. At the very least you will be required to carry $15,000 work of bodily injury coverage and $10,000.00 in property damage.

Insurance is one of the most important things that you can have when you own an automobile. The state of Arizona requires you to carry all drivers to have the appropriate insurance in place before any driver can legally driver on the road.