Insurers incur various costs, and these can affect the price of your premium. The costs most likely to impact your premium include inflation, auto repair costs, medical costs to treat injuries, the cost of adjusting claims, and uninsured drivers. Auto insurance companies have to constantly monitor these costs and how they affect the amount in claims paid out. When these costs change, the price of auto insurance premiums in Arizona unfortunately has to be adjusted.
It is also important to note that any changes you make to your car insurance policy can affect the price. For example, if you buy a new vehicle, move to a new home, change how you use the vehicle, or add/remove a driver, the cost of your premium could change.