How Much Does 2013 Mazda 5 Insurance Cost?

If shopping for car insurance quotes online is new to you, by this point your are probably overwhelmed by the vast number insurance agents and companies all advertising big savings.

If you have car insurance now, you should be able to reduce your rates substantially using these tips. The purpose of this post is to help educate you on the most effective way to quote insurance and some tricks to saving. But vehicle owners must comprehend how companies price insurance differently and apply this information to your search.

The cheapest insurance quotes

When comparison shopping, there are several ways to obtain and compare prices from many different insurance companies. One of the best ways to find the lowest 2013 Mazda 5 rates is to perform an online rate comparison. It is quite easy and can be accomplished in several different ways.

1. The fastest and easiest way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This method keeps you from doing repetitive form submissions for every company. Taking the time to complete one form gets rate comparisons from insurance companies with the best prices.It’s the quickest way to get rates.
2. A slightly less efficient method to analyze rates is going to each company website and complete a new quote form. For sake of this example, let’s say you are doing a rate comparison from Geico, Esurance and State Farm. To do that, you would have to visit each site and enter your policy data, which is why the first method is more popular.

   For a list of links to companies insuring cars in your area, click here.

You can choose any of those ways to find more affodable coverage, but double check that you are using the same coverage limits and deductibles on every price quote you get. If you use different deductibles it’s not possible to truly determine the lowest rate. Slightly different insurance coverages or limits can make a big difference in price. Just keep in mind that having more price comparisons helps you find the best rates.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Insurance policy discounts you can’t miss

Insurance is easily one of your largest bills, but you may be missing some discounts that many consumers don’t even know exist. Some trigger automatically when you purchase, but a few need to be inquired about prior to getting the savings. If you are not receiving all the discounts you deserve, you are just wasting money.

• College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not have a car could get you a discount.
• Passenger Safety Discount – Factory options such as air bags or automatic seat belts may qualify for discounts as much as 30%.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to use a seat belt could save 15% off the PIP or medical payment premium.
• Cautious Driver Discounts – Drivers who avoid accidents may save up to 50% more for 5 insurance than their less cautious counterparts.
• E-sign Discounts – Many insurance companies give back up to $50 for signing up on their website.
• Multiple Vehicles – Purchasing coverage when you have multiple cars on a single policy may reduce the rate for each vehicle.
• Save over 55 – Mature drivers could receive a small discount on rates for 5 insurance.
• Military Discounts – Having a family member in the military can result in better rates.

As is typical with insurance, some credits don’t apply to your bottom line cost. Some only reduce the cost of specific coverages such as comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, nobody gets a free ride. But any discount will lower the amount you pay for coverage.

Larger insurance companies and their offered discounts are shown below.

• State Farm may have discounts that include safe vehicle, multiple policy, Steer Clear safe driver discount, good student, passive restraint, Drive Safe & Save, and driver’s education.
• Liberty Mutual may offer discounts for safety features, multi-policy, newly retired, hybrid vehicle, new move discount, multi-car, and preferred payment discount.
• American Family offers discounts including early bird, bundled insurance, Steer into Savings, good student, and defensive driver.
• Progressive policyholders can earn discounts including good student, online signing, multi-vehicle, continuous coverage, homeowner, and online quote discount.
• Farmers Insurance may include discounts for bundle discounts, teen driver, youthful driver, mature driver, business and professional, good student, and homeowner.
• Auto-Owners Insurance has discounts for multi-policy, safe vehicle, paid in full, company car, paperless, and student away at school.
• SAFECO discounts include multi-car, safe driver, bundle discounts, homeowner, drive less, and teen safety rewards.

If you are trying to find cheap car insurance quotes, ask each company the best way to save money. All car insurance discounts may not apply everywhere. To choose companies who offer free insurance quotes, click here to view.

Insurance agents can help

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s.

For example, these questions might point out whether you will benefit from professional help.

• When should I drop full coverage on my 2013 Mazda 5?
• Am I covered if I crash into my own garage door?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• When does my teenage driver need to be added to my policy?
• What exactly is covered by my policy?
• Where can I get insurance after a DUI in my state?
• Does coverage extend to Mexico or Canada?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

How do insurance providers determine Mazda 5 insurance rates?

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that go into determining the level of your policy premiums. If you know what controls the rates you pay, this allows you to make good choices that can earn you lower premium levels. Many things are used when you get a price on insurance. A few of the factors are predictable like an MVR report, although some other factors are less obvious like where you live or your vehicle rating.

Listed below are a few of the things used by companies to determine your prices.

• Buy a safe car and pay less – Cars with five star safety ratings can get you lower premiums. Vehicles engineered for safety reduce injuries and fewer injuries means less claims paid which can result in lower premiums. If your Mazda scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
• Higher premiums for specific employers – Jobs like military personnel, executives and dentists have the highest average rates because of intense work-related stress and long work hours. On the flip side, jobs like actors, students and homemakers pay the least for 5 insurance.
• Which gender costs less? – Statistics demonstrate females are less aggressive when driving. This data doesn’t prove that women are better drivers. Women and men are responsible for auto accidents at a similar rate, but the males have costlier accidents. They also get more serious tickets like driving under the influence (DUI). Young males are the most expensive to insure so they pay the highest premiums.
• Liability coverage claims can be big – A critical coverage on your policy, liability insurance is the coverage that protects you when you are responsible for damages caused by your negligence. Liability insurance provides legal defense coverage to attempt to prove you were not liable. This coverage is very inexpensive compared to comp and collision, so buy as much as you can afford.
• High comp and collision deductibles save money – Comprehensive and collision coverage deductibles are how much you are willing to pay before a claim is paid by your company. Insurance for physical damage, aka comp and collision, covers damage that occurs to your car. Some examples of claims that would be covered are colliding with a stationary object, hail damage, or theft of your vehicle. The more you are required to pay out-of-pocket, the bigger discount you will receive for 5 insurance.
• More people means more accidents – Having an address in a rural area has it’s advantages if you are looking for the lowest rates. Fewer drivers and short commutes corresponds to lower accident rates and also fewer theft and vandalism claims. Residents of big cities have more traffic problems and more severe claims. More time commuting means more chances of being involved in an auto accident.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Can you really save $395 a year?

Well-known car insurance companies like Progressive, Geico, Allstate and State Farm regularly use television and radio advertisements. All the ads advertise the message that people will save if you change your car insurance policy to them. It sounds good, but how can they all charge lower premium rates? It’s all in the numbers.

Insurance companies have specific guidelines for the type of insured that will not have excessive claims. An example of a profitable insured might be between 25 and 40, carries full coverage, and drives less than 5,000 miles a year. Any customer that matches those criteria will get the preferred rates and as a result will probably save if they switch.

Consumers who fall short of these stringent criteria will see a higher premium which usually ends up with the customer buying from someone else. The trick companies use is to say “drivers that switch” but not “everyone who gets a quote” save money. That’s the way insurance companies can confidently make it sound like they have such great rates. This really drives home the point why drivers should compare as many free car insurance quotes as you can. It’s just too difficult to predict the company that will have the lowest rates.

Car insurance 101

Having a good grasp of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive insurance

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as rock chips in glass, damage from a tornado or hurricane, damage from getting keyed and theft. The maximum amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and also any damage incurred to your Mazda 5.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Auto liability insurance

Liability insurance protects you from damage that occurs to people or other property in an accident. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as medical services, medical expenses, loss of income and attorney fees. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Coverage for collisions

Collision insurance pays for damage to your 5 resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, hitting a parking meter, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as X-ray expenses, hospital visits, dental work and funeral costs. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Make an honest buck

Lower-priced 2013 Mazda 5 insurance is definitely available from both online companies as well as from independent agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not provide online quoting and most of the time these smaller providers sell through independent agencies.

When getting car insurance quotes online, never sacrifice coverage to reduce premiums. In many instances, someone sacrificed liability limits or collision coverage and learned later they didn’t have enough coverage. Your objective should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

People switch companies for a variety of reasons including unfair underwriting practices, being labeled a high risk driver, policy cancellation or delays in paying claims. Regardless of your reason for switching companies, switching companies is less work than it seems.

Additional information is available below:

• Child Safety Seats (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)
• Airbag FAQ (iihs.org)
• Distracted Driving (Insurance Information Insitute)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption