Auto Insurance Phoenix

SINGLE VERSUS MULTIPLE CAR POLICIES determines your premium. Arizona insurance prices are going to rise. Click here for the lowest possible rates for auto insurance phoenix market.

Insurance policies are often divided into two categories—one for single car risks, and one for multi-car risks. Multi-car factors are lower than single car factors, because they include a discount for insuring two or more cars. This means insuring a second car will be much less expensive than insuring two cars
separately.

Click here to lock  in auto insurance phoenix rates now.

Multi-car risks often include multiple drivers as welt. Especially when young drivers are In the group, this is what drives up costs. There are several reasons young drivers are expensive. Auto accidents were the most frequent cause of death among people 6 to 33 years old in 1992. In 1993, more than 5,400 teenagers died on American roads, and half of the deaths were alcohol-related.

THE POLICY’S DECLARATIONS PAGE
The place where you can express all of your individual insurance needs is the Declarations Page of your auto insurance policy. We’ll briefly consider the various parts of the standard Declarations Page issued by the Insurance Services Office.
You may hear the Declarations Page referred to as a Declarations Sheet, Dec Sheet, or Dec Page.

Auto insurance Phoenix

All completed Declarations Pages will contain the policy number, and this item of information is extremely important since virtually all insurance companies file their policies by policy number rather than by the insured’s name. The space for “Previous Policy Number” may be left blank if the insured’s last policy was not written with this particular insurance company. Some companies will type “New” in the space rather than leaving it blank.

Section 1 of the Declarations Page also contains the name of the insurance company, and you may see more than one company name printed here if a number of insurance companies are part of the same organization or group.

Sections 3 and 5 of the Declarations Page are related, so we will discuss them together before we discuss Section 4. Section 3 identifies the named insured by name and mailing address. Many other people can be covered by an auto insurance phoenix policy besides the one whose name appears in the Declarations. Although other people may be covered under some circumstances, the policy is still an agreement between the named insured and the insurance company. In some cases, a married couple may choose to include both spouses as named insureds—otherwise the named insured is usually just one person.

We will continue our discussion on auto insurance phoenix indemnity and premiums next time.

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