2013 Mazda Mazda5 Insurance Cost

Want better insurance rates for your Mazda Mazda5? Paying for high-priced Mazda Mazda5 insurance can take a big chunk out of your personal savings and force you to prioritize other expenses. Comparison shopping is a great way to slash your bill and have more diposable income. Big-name insurance companies like Geico, Farmers Insurance and State Farm all claim big savings with TV and radio ads and it can be hard to separate fact from fiction and do the work needed to find the best deal.

Consumers need to get comparison quotes once or twice a year because rates are rarely the same from one policy term to another. Even if you think you had the lowest rates for Mazda5 coverage six months ago the chances are good that you can find a lower rate today. So forget all the misinformation about insurance because you’re going to get a crash course in one of the easiest ways to lower your annual insurance bill.

If you have insurance now or are just looking to switch companies, you can follow these tips to find the best rates while maximizing coverage. Finding the best rates is quite easy. Vehicle owners just need to know the proper way to compare prices on the web.

Auto Insurance Comparisons

Comparing auto insurance rates can take hours if you don’t understand the most efficient way. You could spend your day driving to local insurance agents in your area, or you can stay home and use the internet to maximize your effort.

Most of the larger companies participate in a marketplace where prospective buyers complete one form, and every company returns a rated price based on that information. This saves time by eliminating quote requests to every company.

To participate in this free quote system, click here (opens in new window).

The only downside to getting quotes like this is that consumers can’t choose which providers you will receive quotes from. So if you prefer to choose specific insurance companies to compare prices, we put together a list of auto insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but make sure you use the exact same coverage limits and deductibles for every company. If you have different values for each quote it will be next to impossible to truly determine the lowest rate.

Best discounts on Mazda Mazda5 coverage

Auto insurance companies don’t always advertise every available discount in a way that’s easy to find, so here is a list both the well known and also the lesser-known insurance coverage savings. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Early Signing – Some insurance companies reward drivers for buying a policy before your current expiration date. This can save 10% or more.
  • Homeowners Savings – Being a homeowner may trigger a insurance coverage policy discount because maintaining a house demonstrates responsibility.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before your rates go up if your claims history is clear for a certain period of time.
  • 55 and Retired – If you’re over the age of 55, you may qualify for reduced rates for Mazda5 coverage.
  • Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less for Mazda5 coverage than drivers with accident claims.
  • Good Student Discount – This discount can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.

Drivers should understand that most discount credits are not given to your bottom line cost. Some only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears all the discounts add up to a free policy, you’re out of luck.

Car insurance companies that may offer these money-saving discounts include:

Before buying, ask each insurance company which discounts you may be entitled to. Savings might not apply in your state.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might point out if your insurance needs may require specific advice.

  • When would I need additional glass coverage?
  • Where can I find DUI or SR-22 insurance?
  • Do I need PIP coverage since I have good health insurance?
  • Does having multiple vehicles earn me a discount?
  • Why do I need rental car insurance?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I covered when using my vehicle for business?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

What determines your Mazda Mazda5 insurance premium

Consumers need to have an understanding of the rating factors that come into play when calculating your insurance coverage rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get lower insurance coverage prices.

  • Liability coverage is cheap – Your policy’s liability coverage is the coverage that protects you if ever you are found liable for damages caused by your negligence. Liability provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Are you male or female? – Statistics show that men are more aggressive behind the wheel. Now that doesn’t mean men are worse drivers. Men and women cause accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to get cited for more serious violations like DUI and reckless driving.
  • You might want pay the small claims yourself – If you frequently file small claims, you can pretty much guarantee higher rates. Auto insurance companies award lower rates to policyholders who do not file claims often. Insurance coverage is intended for the large, substantial claims.
  • Drive a safer car and pay less – Vehicles with high crash test scores get lower rates. Safer cars result in less severe injuries and better occupant protection means less money paid by your insurance company passed on to you as lower rates. If your Mazda is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Careful drivers pay lower rates – Even one moving violation can increase rates twenty percent or more. Good drivers receive lower rates than bad drivers. If you have serious violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form with their state DMV in order to continue driving.
  • Younger drivers pay higher rates – Young drivers are known to be less responsible in a vehicle so insurance coverage rates are higher. Mature drivers tend to be more responsible, file fewer claims and are safer drivers.

Can switching companies really save?

Consumers constantly see and hear ads for the lowest price auto insurance from the likes of State Farm, Geico and Progressive. All the ads make an identical promise that you can save if you change your coverage to them.

How does each company make almost identical claims? It’s all in the numbers.

All the different companies are able to cherry pick for the right customer that earns them a profit. For example, a preferred risk could possibly be between 30 and 50, has no prior claims, and has excellent credit. A driver who meets those qualifications gets the lowest rates and as a result will probably save a lot of money.

Potential insureds who are not a match for the requirements will be charged more money which leads to business going elsewhere. The ad wording is “customers who switch” but not “drivers who get quotes” save that much money. That’s why companies can advertise the way they do. That is why you should get as many quotes as possible. It’s impossible to know which insurance coverage company will have the lowest Mazda Mazda5 insurance rates.

Coverage specifics

Having a good grasp of auto insurance can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types found on most auto insurance policies.

Medical expense coverage

Med pay and PIP coverage reimburse you for expenses for EMT expenses, hospital visits and chiropractic care. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a deer, falling objects, damage from getting keyed, hitting a bird and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

This gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Mazda Mazda5.

Since a lot of 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 is a good idea.

Liability insurance

This coverage protects you from damage or injury you incur to people or other property. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like funeral expenses, attorney fees and loss of income. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Collision protection

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

Collision coverage pays for things such as hitting a mailbox, colliding with a tree, crashing into a building, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Keep this in mind

When buying insurance coverage, you should never buy poor coverage just to save money. There are too many instances where an accident victim reduced physical damage coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your focus should be to find the BEST coverage at an affordable rate.

We just covered a lot of information how to lower your 2013 Mazda Mazda5 insurance rates. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the best prices are with a smaller regional carrier. Some small companies may have significantly lower rates on certain market segments as compared to the big name companies such as Geico and State Farm.

More detailed insurance coverage information can be found in these articles: