Save on 2013 Mazda 5 Car Insurance Cost

Trying to find the cheapest insurance rates for your Mazda 5? Are you drained from sacrificing to make your insurance payment? You are no different than the majority of other people. Companies like State Farm, Allstate, Geico and Progressive continually bombard you with TV and radio ads and consumers find it hard to sift through the bull and take the time to shop coverage around.

If you are insured now or need a new policy, you can learn to get lower rates and still get good coverage. Finding affordable coverage is not that difficult. Drivers just need to learn the most efficient way to buy car insurance online.

Buy auto insurance online

Getting a more affordable price on 2013 Mazda 5 insurance is a fairly straight forward process. Drivers just need to invest a little time to compare rate quotes to discover which company has inexpensive auto insurance quotes. Shoppers can get rates in a couple of different ways.

  1. The fastest and easiest way consumers can make multiple comparisons is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating repetitive form entry for every auto insurance company. A single form gets you price quotes from many national carriers.
  2. A harder way to analyze rates consists of visiting the website for each individual company to request a price quote. For example, let’s assume you want to compare prices for Geico, 21st Century and Liberty Mutual. To get each rate you have to visit each site and enter your information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

It’s up to you which method you use, but be sure you’re using equivalent coverages and limits on every price quote you get. If you compare different limits and deductibles on each one it will be nearly impossible to determine the lowest rate for your Mazda 5.

How your 5 insurance prices are determined

Multiple criteria are part of the equation when premium rates are determined. Most are fairly basic such as your driving history, but some are more obscure such as your marital status or your commute time.A large part of saving on insurance coverage is knowing the rating factors that go into determining the level of your policy premiums. If you understand what determines base rates, this enables you to make decisions that could help you find cheaper rates.

  • Teenagers vs. experienced drivers – Young drivers are known to get distracted easily with other occupants in the car and because of this, their insurance coverage rates are much higher. Having to add a teen driver to your insurance coverage policy can break the bank. More mature drivers tend to be more responsible, are lower risk to insure and are safer drivers.
  • Costs and your address – Living in areas with lower population is a positive aspect if you are looking for the lowest rates. Drivers in populated areas have to deal with more road rage incidents and much longer commute distances. Fewer drivers on the road means reduced accidents as well as less vandalism and auto theft.
  • High credit scores save money – Having a bad credit rating will be a significant factor in determining what you pay. If your credit score leaves room for improvement, you could potentially save money when insuring your 2013 Mazda 5 by spending a little time repairing your credit. People that have excellent credit scores tend to file fewer claims than those with worse credit.
  • Do you save by driving less? – The higher the mileage driven every year the higher your rate. Most companies charge rates based on how the vehicle is used. Cars and trucks left parked in the garage can be on a lower rate level as compared to vehicles used primarily for driving to work. Make sure your insurance coverage policy shows the correct usage, because improper ratings can cost you money. A policy that improperly rates your 5 is just wasting money.
  • Lower premiums for being claim-free – If you’re an insured who likes to file claims you can definitely plan on higher rates. Insurance companies award lower rates to drivers that do not abuse their auto insurance. Your car insurance is intended to be relied upon for more catestrophic claims.
  • Don’t get traffic citations – Only having one ticket can increase rates by as much as twenty percent. Good drivers have lower premiums compared to drivers with tickets. Drivers with multiple citations such as DUI, reckless driving or excessive speeding may face state-mandated requirements to submit a SR-22 form with their state DMV in order to continue driving.
  • Vehicle features impact insurance coverage rates – Choosing a vehicle with an alarm system can save you some money. Systems that thwart theives such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.
  • Your employer and insurance coverage rates – Careers like lawyersair traffic controllers and stock brokers tend to pay higher premium rates because of intense work requirements and lots of time spent away from family. On the flip side, careers like scientists, athletes and retirees have lower than average premiums on 5 insurance.

Lower-cost insurance coverage quotes with discounts

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that many consumers don’t even know exist. A few discounts will be applied at quote time, but a few need to be requested specifically prior to getting the savings.

  • Passive Restraints – Factory air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
  • Policy Bundle Discount – When you combine your homeowners and auto insurance and insure them both with the same insurance company you could get a discount of over 10 percent off each policy depending on the company.
  • ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and will save you 10% or more.
  • Employee of Federal Government – Federal government employees may qualify for a discount when you quote auto insurance on 5 insurance with certain companies.
  • Theft Deterent System – Anti-theft and alarm system equipped vehicles can help prevent theft and therefore earn up to a 10% discount.

It’s important to note that some of the credits will not apply the the whole policy. Most only cut specific coverage prices like comp or med pay. So even though it sounds like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Some of the insurance companies that may offer these money-saving discounts are:

Before you buy a policy, ask each insurance company which credits you are entitled to. A few discounts may not apply to policies in your area. To choose insurers that offer discounts, click this link.

Tailor your car insurance coverage to you

When choosing coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions may help highlight whether your personal situation could use an agent’s help.

  • Do I need higher collision deductibles?
  • When do I need to add a new car to my policy?
  • Where can I find DUI or SR-22 insurance?
  • Do I need more liability coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Do I need medical payments coverage since I have good health insurance?
  • Why am I required to buy high-risk coverage?
  • Is a fancy paint job covered?
  • Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Specific coverage details

Having a good grasp of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average insurance policy.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2013 Mazda 5.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these coverages are similar to your liability insurance amounts.

Comprehensive protection

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, hitting a bird and hail damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage

This pays for damage to your 5 resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like pain medications, rehabilitation expenses and EMT expenses. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers you and your occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Liability

Liability insurance provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like structural damage, medical expenses, bail bonds and loss of income. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

At the end of the day…

Some insurance companies do not offer online rate quotes and many times these smaller companies provide coverage only through independent agents. Lower-priced insurance can be purchased on the web in addition to many insurance agents, so compare prices from both to have the best selection.

In this article, we presented many tips how you can shop for 2013 Mazda 5 insurance online. The key thing to remember is the more quotes you get, the better likelihood of getting cheaper auto insurance. You may even discover the most savings is with a company that doesn’t do a lot of advertising. These smaller insurers often have lower premium rates on specific markets than their larger competitors like Allstate or State Farm.

Additional information can be read at the links below