What is this $1.00 charge on my insurance statement?
What is this $1.00 charge on my insurance statement?
The Automobile Theft Authority receives its funding for each insured vehicle registered in Arizona. The fee is $.50 per policy every 6 months in accordance with ARS §41-3451 (J).
All insurance companies are required to comply with this assessment but how and when they assess this fee is at their discretion.