Cheap 1993 Mazda 626 Insurance Rates

Shoppers have a choice when shopping for the best price on Mazda 626 insurance. They can either spend hours driving around to compare prices or use the internet to compare rates.

There is a right way and a wrong way to shop for auto insurance and we’ll show you the absolute fastest way to price shop coverage on a Mazda and find the lowest price.

If you have insurance now or are just looking to switch companies, you will benefit by learning to reduce the price you pay and possibly find even better coverage. This article will teach you the best way to quote coverages and some tricks to saving. Drivers just need to learn the proper methods to buy insurance coverage on the web.

Comprehensive Insurance Coverage Comparison

Finding cheaper 1993 Mazda 626 insurance coverage prices isn’t really that difficult. The only requirement is to invest a few minutes comparing price quotes from different insurance companies. This can be done in just a few minutes using one of these methods.

  1. The recommended way to find low rates is to use a rate comparison form click to view form in new window. This form keeps you from doing separate forms for each company you want a rate for. Just one form will get you rate comparisons from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
  2. A slightly less efficient method to get comparison quotes consists of going to the website of each company to complete their respective quote request forms. For instance, we’ll pretend you want comparison quotes from State Farm, Farmers and Liberty Mutual. You would have to go to every website to enter your coverage information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The least efficient way to get comparison rates is to drive around to and from local insurance agencies. Shopping for insurance coverage online has reduced the need for local agents unless you have a need for the professional guidance only provided by licensed agents. However, consumers can price shop your coverage online but buy from a local insurance agent and we’ll touch on that later.

However you get your quotes, make sure you use the exact same information with every price quote. If you enter unequal deductibles or liability limits it’s not possible to determine the lowest rate for your Mazda 626.

Verify you’re getting all your discounts

The cost of insuring your cars can be expensive, but you may find discounts to cut the cost considerably. Some trigger automatically when you quote, but some may not be applied and must be inquired about in order for you to get them. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • Drivers Ed for Students – Have your child complete a driver education course in school.
  • Multi-car Discount – Buying insurance for more than one vehicle on the same insurance policy could earn a price break for each car.
  • Early Switch Discount – A few companies offer discounts for switching policies prior to your current policy expiration. It’s a savings of about 10%.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can get savings of up to 25% or more.
  • Low Mileage – Fewer annual miles on your Mazda could qualify for discounted rates on garaged vehicles.
  • Paperwork-free – Certain companies give back up to $50 for buying your policy online.
  • Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Bundle and Save – When you combine your home and auto insurance with the same insurance company you could get a discount of approximately 10% to 15%.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you could get a free insurance policy, you won’t be that lucky. But all discounts will reduce the cost of coverage.

For a list of companies with the best insurance discounts, click here to view.

Why you might be paying too much to insure your Mazda 626

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for insurance coverage. Understanding what controls the rates you pay helps enable you to make changes that may reward you with big savings.

The list below includes a partial list of the pieces that factor into rates.

  • Credit scores impact insurance coverage rates – A driver’s credit score is a important factor in your rate calculation. If your credit score is lower than you’d like, you could potentially save money when insuring your 1993 Mazda 626 by spending a little time repairing your credit. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with poor credit.
  • Teen drivers pay high rates – Youthful drivers are known to be less responsible behind the wheel so insurance coverage rates are higher. Having to add a young driver to your insurance coverage policy can be quite pricey. Older drivers tend to be more responsible, file fewer claims and receive fewer citations.
  • Traffic violations increase rates – Your driving citation history impacts your car insurance rates tremendously. Drivers with clean records receive lower rates than bad drivers. Even a single ticket may increase your cost forty percent or more. Drivers who have serious citations like hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
  • High crash test scores lower rates – Vehicles with high crash test scores are cheaper to insure. Safe vehicles result in less severe injuries and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Mazda has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Where do you drive? – The more you drive each year the more you’ll pay to insure your vehicle. Most companies charge to insure your cars determined by how the vehicle is used. Vehicles used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. Double check that your insurance coverage policy is showing the correct driver usage. Incorrect usage on your 626 can result in significantly higher rates.
  • Your spouse saves you money – Having a wife or husband actually saves money on insurance coverage. Having a spouse means you’re more mature and responsible it has been statistically shown that married couples file fewer claims.

When should I talk to an agent?

When it comes to choosing adequate coverage for your vehicles, there really is not a perfect coverage plan. Every insured’s situation is different.

These are some specific questions might point out whether you might need professional guidance.

  • How much liability do I need to cover my assets?
  • Does my policy cover my teen driver if they drive my company car?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Which is better, split liability limits or combined limits?
  • What discounts do I qualify for?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Information about specific coverages

Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as pain medications, chiropractic care and nursing services. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Mazda 626.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like hitting a parking meter, rolling your car and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from getting keyed, a tree branch falling on your vehicle, damage from a tornado or hurricane, damage from flooding and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance

This coverage protects you from damage or injury you incur to other’s property or people that is your fault. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical services, emergency aid, structural damage, pain and suffering and legal defense fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

Never pay more for less

Affordable 1993 Mazda 626 insurance can be sourced both online and also from your neighborhood agents, so you should compare both to have the best rate selection. Some insurance companies may not provide online price quotes and these small insurance companies work with independent agents.

People leave their current company for many reasons like high prices, delays in paying claims, questionable increases in premium or even extreme rates for teen drivers. Whatever your reason, finding the right car insurance provider is pretty simple and you could end up saving a buck or two.

We just showed you many ideas to save on insurance. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the lowest premiums are with some of the smallest insurance companies.

Additional detailed information can be found at these sites: