2009 Mazda CX-7 Insurance Rates – 8 Policy Discounts

Vehicle owners fed up with high insurance prices and are new to comparing prices online are likely to discover buying inexpensive car insurance can be quite difficult.

You should take the time to do rate comparisons before your next renewal since prices trend upward over time. Just because you had the lowest price on CX-7 insurance a year ago there is a good chance you can find better rates now. Forget all the misinformation about insurance because we’re going to demonstrate one of the best ways to find the best coverage while lowering your premiums.

If you currently have car insurance, you will most likely be able to lower your premiums substantially using these tips. Shopping for cheaper coverage is easy if you know what you’re doing. But car owners must learn the way insurance companies sell online.

Use discounts to get cheaper auto insurance rates

The cost of insuring your cars can be expensive, but there could be significant discounts that can drop the cost substantially. Certain credits will be shown at quote time, but a few must be manually applied before you will receive the discount.

• Mature Driver Discount – If you qualify as a senior citizen, you may qualify for a slight reduction on a car insurance quote on CX-7 insurance.
• Low Mileage – Low annual miles could earn substantially lower prices.
• Own a Home and Save – Owning a home can help you save on auto insurance because of the fact that having a home is proof that your finances are in order.
• Anti-theft Discount – Vehicles that have factory anti-theft systems help deter theft and that can save you a little bit as well.
• Good Students Pay Less – Being a good student could provide a savings of up to 20% or more. Earning this discount can benefit you until age 25.
• No Claim Discounts – Drivers who don’t have accidents are rewarded with significantly better rates on car insurance quote in comparison with accident-prone drivers.
• Pay Early and Save – If paying your policy premium upfront as opposed to paying monthly you could save 5% or more.
• Accident Forgiveness Coverage – Not really a discount, but certain companies may permit one accident before your rates go up if you are claim-free for a set time period.

Policy discounts save money, but most discount credits are not given to all coverage premiums. Some only reduce the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

Popular auto insurance companies and their possible discounts are:

• Geico includes discounts for five-year accident-free, federal employee, multi-vehicle, daytime running lights, and seat belt use.
• MetLife offers discounts including good driver, accident-free, multi-policy, defensive driver, and good student.
• Progressive offers discounts for continuous coverage, multi-vehicle, multi-policy, online signing, online quote discount, and good student.
• Travelers has discounts for new car, IntelliDrive, good student, payment discounts, continuous insurance, hybrid/electric vehicle, and student away at school.
• SAFECO policyholders can earn discounts including accident prevention training, homeowner, teen safety rewards, anti-theft, multi-car, and bundle discounts.
• AAA has savings for pay-in-full, good student, multi-car, multi-policy, and anti-theft.

Double check with every prospective company to apply every possible discount. Some of the discounts discussed earlier might not be available to policyholders everywhere.

Tailor your insurance coverage to you

When it comes to choosing coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s needs are different.

For example, these questions can aid in determining if you might need professional guidance.

• I don’t drive much so do I pay less?
• Do I have coverage when using my vehicle for my home business?
• Do I need rental car coverage?
• Do I need more liability coverage?
• Is my Mazda CX-7 covered if I use it for business?
• Is my cargo covered for damage or theft?

If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.

Car insurance coverage information

Understanding the coverages of your policy helps when choosing the right coverages for your vehicles. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as dental work, ambulance fees and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Liability insurance – This will cover damages or injuries you inflict on a person or their property in an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things such as court costs, repair bills for other people’s vehicles, structural damage, bail bonds and emergency aid. How much coverage you buy is up to you, but consider buying as much as you can afford.

Collision – This covers damage to your CX-7 resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as rolling your car, backing into a parked car, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive coverages – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from flooding, fire damage and falling objects. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Mazda CX-7.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Have money to burn

We’ve covered a lot of information how to shop for 2009 Mazda CX-7 insurance online. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the most savings is with a small mutual company.

People who switch companies do it for any number of reasons including unfair underwriting practices, not issuing a premium refund, lack of trust in their agent and questionable increases in premium. Regardless of your reason, finding a new auto insurance company is actually quite simple.

While you’re price shopping online, it’s very important that you do not skimp on coverage in order to save money. In many instances, someone sacrificed liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your objective should be to get the best coverage possible at the best possible price, but do not skimp to save money.

To read more, feel free to visit the following helpful articles:

• Five Mistakes to Avoid (Insurance Information Insitute)
• Who Has the Cheapest Fort Wayne Car Insurance Quotes for a Mazda CX-7? (FortWayneInsure.com)
• Think You’re a Safe Driver? (State Farm)
• Determing Auto Insurance Rates (Geico)
• Tread Depth and Tire Safety (State Farm)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)