Arizona Insurance

The most feared car accident followed by rising auto insurance premiums is a too familiar scenario for the Arizona pilot.

Now, a new insurance product motorists could be an opportunity for increased premiums, even if under a Fender Bender.

Monday, Allstate Insurance Co. proposes a new auto insurance product Arizona residents, with the driver to pay higher premiums in return for advertising

several advantages, including a price increase after accidents. Display

The program called “Your Choice Auto”, Premium also deductible customers and price reductions for good conduct and electronic records through bank transfers to pay premiums. The impetus behind the new product that the consumer, research shows that consumers want, “said Susan Underhill, Allstate’s regional sales director in Arizona.

“The opinion has shown that consumers are feeling the economies of scale have been disturbed insurance companies, and they had no choice,” she said. “She felt the pay, pay and pay, and if an accident, they will be punished. ”

The program is divided into three levels: platinum, gold and the value plan. In terms of platinum, customers pay another 14 percent of their premiums. In return, the customer will not be penalized by higher prices when they are involved in several road accidents. You can also benefit from a reduction of 5 percent after six months, premium receivables and an $ 100-years-a decrease of the share that you have opted for a year with no right.

Gold plan requires an additional premium 7 percent up and the driver gets waived an accident and qualifies for other drivers more secure discounts. The platinum and gold plan also proposes the replacement coverage for new cars, which means that the owner of the vehicle is the value of the vehicle at the time was purchased.

“Have you ever been involved in an accident and had implemented a surcharge and I took your rebate, you know, it is large enough,” said Sub-Hill. “For those who have never been involved in an accident, we will give them something in return.”

The program was Roll-out in Oregon, Utah and Tennessee. There is also a Texas from Monday.

At least two other insurance State Farm Insurance Co. and Farmer’s Insurance, said they had no plans to introduce similar products, although both indicated that they offer discounts for a good car.

“Our underwriting policy and the process offer similar options,” said Luwanna Nielsen, a spokesman for State Farm, the largest insurer of automobile insurance in Arizona. State Farm announced last week that car insurance premiums is in Arizona average decline of 4.6 per cent in early June 1.

Arizonans pay an average $ 877 per year in car insurance, from 11 to rank highest among all countries. But the sentence has remained since the mid 1990, said Jim Frederikson, Executive Director of the Arizona Insurance Information Association, a nonprofit group, about 20 insurance companies as members.

“I can not accept a product over another,” he said. “But auto insurance in Arizona is incredibly competitive. All of them try to familiarize themselves with nature and an innovative way to identify and save the driver responsible. ”

He had Arizona’s balance of insurance rates on several factors, including safer cars, fewer collisions, more seat belt use and a wider use of cameras and identify speeders, red-runners.

In addition to platinum and gold plans, Allstate terms of value does not require customers to pay more for default coverage. Although not free to receive accidents, they can still qualify for a good conduct and the electronic transfer of remittances.