Understanding the Factors Behind Rising Auto Insurance Rates

Julie Akin • May 5, 2023

Understanding the Factors Behind Rising Auto Insurance Rates in Tucson AZ

A bunch of coins stacked on top of each other with a graph in the background. If you are a driver in Tucson AZ, you may have noticed that auto insurance rates are on the rise. Many factors contribute to this trend, including inflation, which impacts the cost of living and the overall expense of claims. As a result, insurance companies may need to charge higher premiums to cover their costs.

Insurance providers determine their rates based on the risk they face in paying out claims. With the cost of repairing or replacing a vehicle increasing, Auto insurance companies may need to charge higher premiums to cover these expenses. Additionally, the rising cost of medical care can also impact auto insurance rates, as insurance companies are often responsible for covering the medical expenses of those injured in car accidents.

Unfortunately, there is no one-size-fits-all solution to the issue of rising auto insurance rates. However, drivers in Tucson AZ can take steps to help keep their insurance premiums as low as possible. One option is to shop around and compare rates from multiple insurance providers, including independent agencies like Budget Insurance. By doing so, you may find the best coverage at a more affordable price. Additionally, consider adjusting your coverage as needed. For instance, if you have an older car, you may choose to drop optional coverage like collision or comprehensive insurance to save on premiums.

In conclusion, if you're a driver in Tucson AZ, you may have noticed that auto insurance rates, including those offered by Budget Insurance, are on the rise. This trend is due to multiple factors, including inflation, and can impact the cost of living and overall cost of claims. To keep your insurance costs as low as possible, consider shopping around and adjusting your coverage as needed.

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Our knowledgeable agents, can work with you to make sure you've got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give one of our 3 Tucson insurance locations a call. We want to help you meet your goals, and make sure what's important to you is protected!

FMM Permit for Rocky Point / Puerto Penasco

May 9, 2025
To update you on what is happening at the Lukeville/Sonoyta border crossing for our insureds traveling to Rocky Point: Depending on the officer, Mexican authorities (Guardia Nacional) are enforcing the FMM and passport requirements, but not consistently. Some travelers have reported crossing as usual without passports, and officers simply waived them through. Others have reported obtaining FMMs at the border, with all travelers carrying passports. If travelers are transparent and declare any alcohol they’re bringing into Mexico, they are being charged a 114% tax. However, some people reported having alcohol but were waived through by officers and did not pay the tax. It appears enforcement depends on the officer, and tourists are currently taking their chances. It comes down to each traveler’s level of confidence and risk tolerance, as enforcement is not yet consistent. Our company’s recommendation is to follow the law: Process the FMM online Print the form Stop at the INM (Immigration) office at the border to get it stamped Reminder: The FMM tourist permit is only for foreign citizens, not for individuals with dual citizenship. Here is the link to obtain the FMM online (in case travelers ask where to process it before crossing the border): https://www.inm.gob.mx/fmme/publico/en/solicitud.html The INM Immigration Office is located in the Aduana building. For your reference, the Gastrak/Sanborn’s location in Lukeville and the Aduana building (just to the left after crossing the border) are highlighted. Additional reminders for this border crossing: All vehicles must have a current, original, valid registration OR the original title/notarized copy. Digital copies or images are not accepted. If the vehicle is not owned by the driver (e.g., a company vehicle, borrowed from family or friends), a notarized letter of permission from the owner is required to take the vehicle into Mexico. Border Hours: U.S. and Mexican authorities have agreed that the Lukeville–Sonoyta border crossing to Rocky Point (Puerto Peñasco) is open daily from 6 a.m. to 8 p.m., with extended hours on Fridays (6 a.m. to 10 p.m.) from March 7 to October 10, 2025.
A person is holding an umbrella over a pile of money.

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