The state requires that drivers show proof of financial responsibility, and this can be done with proof of liability insurance or with a certificate of deposit at the Office of the Arizona State Treasurer. In order to prove financial responsibility with liability insurance, drivers need to have a total of $15,000 per person and $30,000 for bodily injury per accident as well as $10,000 for property damage. You will also need underinsured/uninsured insurance with $15,000 per person and $30,000 per accident. If you are financing or leasing your car, you may be required to purchase comprehensive and collision coverage.
If you are driving without a license in Arizona, your driver’s license and registration will be revoked.
You are able to purchase more liability coverage, in order to stay better protected. Speak with an agent at Magelan Group PLLC to figure out how much additional coverage you should have. In addition to this, you can purchase insurance that will protect your car in the event of an accident or another covered event. Collision coverage will pay for damages to your car that happens as the result of an accident. Comprehensive coverage will pay for damage that is caused by something other than an accident, such as weather or theft. Uninsured and underinsured motorist coverage will pay for injuries or damages that are caused by drivers who don’t have enough insurance or any insurance at all. Medical payments coverage can help pay for your medical expenses in the event of an accident. Rental reimbursement coverage will help reimburse you if you need a rental car after an accident. Full glass coverage will help pay for any replacement and repairs to your windshield and other glass on your vehicle.
Car insurance can be based on a number of different factors, which include driving record, credit report, and your car’s make, model, year, and age. Traffic violations can raise rates, and these violations can include speeding, reckless driving, and DUI/DWI offenses.
Contact Magelan Group PLLC to get a quote on auto insurance.