Cheaper 2014 Mazda 5 Car Insurance Cost

Trying to find the cheapest auto insurance rates for your Mazda 5? Have you had enough of scraping nickels together to make your auto insurance payment? You are in the same boat as many other drivers.

Due to the fact that there are so many auto insurance companies to choose from, it can be hard to locate the lowest cost insurance company.

Finding affordable coverage is easy if you know what you’re doing. If you currently have car insurance, you should be able to save some money using these methods. But consumers need to have an understanding of the way insurance companies determine prices because it can help you find the best coverage.

Lower rates by qualifying for discounts

Car insurance companies don’t always publicize every discount they offer in an easy-to-find place, so the list below contains some of the more common and the harder-to-find credits that may apply to you.

• ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems can reduce accidents so you can save 10 percent or more.
• Discounts for Government Workers – Employees or retirees of the government may reduce rates when you quote car insurance for 5 insurance depending on your insurance provider.
• Multiple Policy Discount – If you can combine your auto and homeowners policy with one company they may give you a discount of as much as 10 to 15 percent.
• Safety Course Discount – Taking part in a course that instructs on driving safety could save 5% or more and make you a better driver.
• Organization Discounts – Participating in a qualifying organization could earn you a nice discount when shopping for insurance.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to use a seat belt can save up to 10 percent (depending on the company) off PIP or medical payments premium.
• Pay Upfront and Save – By paying your policy upfront as opposed to paying monthly you can avoid the installment charge.

As a footnote on discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way.

A few popular companies and some of the premium reductions they offer are shown below.

• 21st Century has savings for early bird, air bags, automatic seat belts, theft prevention, teen driver, and anti-lock brakes.
• Progressive may have discounts that include multi-policy, continuous coverage, multi-vehicle, homeowner, online quote discount, online signing, and good student.
• State Farm offers discounts including multiple policy, multiple autos, defensive driving training, anti-theft, Steer Clear safe driver discount, and good student.
• Nationwide offers premium reductions for good student, multi-policy, easy pay, accident-free, family plan, and Farm Bureau membership.
• Esurance has discounts for good driver, Switch & Save, claim free, paid-in-full, emergency road assistance, and online quote.
• The Hartford discounts include anti-theft, air bag, good student, driver training, and bundle.

When comparing rates, check with all the companies what discounts are available to you. All car insurance discounts may not apply in your area. To see insurance companies that offer discounts, follow this link.

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

 Secured with SHA-256 Encryption

Auto insurance is unique, just like you

When it comes to choosing coverage, there isn’t really a “best” method to buy coverage. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight whether your personal situation might need an agent’s assistance.

• Am I covered when delivering products for my home-based business?
• When would I need additional glass coverage?
• Is my babysitter covered when using my vehicle?
• Is my vehicle covered by my employer’s policy when using it for work?
• How do I buy GAP insurance?
• Am I missing any policy discounts?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Are you falling for claims of savings?

Allstate, Geico and Progressive continually stream ads in print and on television. All the companies try to convey promises that drivers can save some big amount if you just switch your coverage to them. Is it even possible that every company can offer drivers better rates? This is the way they can do it.

Many companies quote the lowest rates for the right customer that earns them the highest profit. One example of this type of driver may need to be over age 30, is a homeowner, and has a high credit rating. Any person who matches that profile receives the best premium rates and therefore will cut their rates if they switch.

Potential insureds who are not a match for this ideal profile must pay higher prices and ends up with business not being written. If you listen to the ad wording, they say “drivers who switch” not “all people who quote” can save as much as they claim. That is how companies can truthfully lure you into getting a quote. This really emphasizes why it’s extremely important to compare many company’s rates. It is just not possible to predict which insurance company will give you lower prices than your current company.

Insurance coverage breakdown

Knowing the specifics of your policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on the average insurance policy.

Collision coverages – Collision insurance pays for damage to your 5 resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like scraping a guard rail, hitting a parking meter, colliding with a tree, crashing into a ditch and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda 5.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical expense coverage – Med pay and PIP coverage pay for bills like pain medications, chiropractic care, hospital visits and X-ray expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Liability coverages – This protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims such as attorney fees, medical services, legal defense fees and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive protection – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, theft and hitting a bird. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

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

 Secured with SHA-256 Encryption

Final considerations

We covered many ways to compare 2014 Mazda 5 insurance prices online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the best price on auto insurance is with a smaller regional carrier. These companies may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.

Some companies may not have online rate quotes and these smaller companies only sell through independent insurance agents. Low-cost 2014 Mazda 5 insurance is possible on the web in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money.

As you shop your coverage around, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where drivers have reduced collision coverage only to find out that the small savings ended up costing them much more. Your focus should be to purchase a proper amount of coverage at the best price, but do not skimp to save money.

Additional resources

• Crash Avoidance Technologies FAQ (iihs.org)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Choosing an Insurance Company (Insurance Information Insitute)
• Older Driver Statistics (Insurance Information Insitute)

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

 Secured with SHA-256 Encryption