Cheap 2014 Mazda 3 Car Insurance Rates

Pricey insurance coverage can bleed your monthly budget and make it impossible to make ends meet. Comparing rate quotes can lower your rates and help to make ends meet.

Drivers have multiple car insurance companies to choose from, and although it’s a good thing to have a selection, having more insurers makes it harder to compare rates and cut insurance costs.

Finding the best insurance coverage is quite easy. Just about anyone who carries insurance will most likely be able to find lower rates. But vehicle owners should learn how the larger insurance companies determine prices because it can help you find the best coverage.

Are you earning every discount?

Companies do not advertise all possible discounts in an easy-to-find place, so we break down both well-publicized as well as some of the hidden insurance savings.

  • Homeowners Pay Less – Just owning your own home can earn you a little savings due to the fact that maintaining a home requires personal responsibility.
  • Defensive Driving Course – Taking time to complete a class that teaches safe driver techniques may get you a small discount and easily pay for the cost of the class.
  • Early Signing – A few insurance companies give discounts for buying a new policy before your current coverage expires. This discount can save up to 10%.
  • Good Drivers – Safe drivers can pay as much as 50% less for 3 coverage than drivers with accident claims.
  • College Student – Any of your kids who attend college more than 100 miles from home and do not have a car could get you a discount.
  • Lower Rates for Military – Being on active deployment in the military could mean lower rates.
  • Telematics Discount – Drivers that enable driving data submission to spy on driving patterns through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot might see lower rates as long as the data is positive.
  • Driver’s Education for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • Payment Method – If you can afford to pay the entire bill instead of paying each month you could save up to 5%.

We need to note that most discounts do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think you can get free auto insurance, it’s just not the way it works.

Larger insurance companies and a selection of discounts are shown below.

  • American Family offers discounts including air bags, good driver, defensive driver, bundled insurance, mySafetyValet, good student, and accident-free.
  • Nationwide offers premium reductions for family plan, good student, anti-theft, business or organization, accident-free, Farm Bureau membership, and multi-policy.
  • MetLife has discounts for good driver, good student, claim-free, multi-policy, and defensive driver.
  • 21st Century policyholders can earn discounts including defensive driver, theft prevention, automatic seat belts, driver training, 55 and older, student driver, and anti-lock brakes.
  • Farmers Insurance may offer discounts for youthful driver, mature driver, homeowner, early shopping, and electronic funds transfer.
  • Allstate may have discounts that include farm vehicle, resident student, FullPay discount, premier plus, and defensive driver.

When quoting, ask every company which discounts can lower your rates. Some discounts might not be offered on policies in every state. For a list of insurers that can offer you the previously mentioned discounts, follow this link.

Buy lower-cost insurance coverage with these tips

Smart consumers have a good feel for a few of the rating criteria that aid in calculating insurance coverage rates. When you understand what influences your rates, this enables informed choices that could result in lower premium levels.

  • Gender as a rate factor – Statistics demonstrate women are more cautious behind the wheel. This data doesn’t prove that females are better at driving than males. Males and females cause at-fault accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to receive more major tickets like reckless driving and DUI.
  • Teenage drivers pay higher costs – Teenage drivers are statistically proven to be inattentive when driving therefore insurance coverage rates are much higher. Older insureds are more responsible, cause fewer claims and accidents , and usually have better credit.
  • Bundle home and auto and save – Many insurance companies allow better rates to insureds who have multiple policies with them such as combining an auto and homeowners policy. This can amount to ten percent or more. Even with this discount applied, it’s always a smart idea to get quotes from other companies to ensure the best deal.
  • Too many claims will drive prices up – Car insurance companies generally give better rates to policyholders who only file infrequent claims. If you file claims often, you can look forward to much higher rates or policy non-renewal. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Cars with good safety ratings save money – Vehicles with high crash test scores tend to have lower insurance rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and lower rates of occupant injuries means your insurance company pays less which can mean better rates for you. If your Mazda earned at least four stars on Safercar.gov you may be receiving a better rate.

When in doubt talk to an agent

When buying coverage for your personal vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so this has to be addressed. For example, these questions might help in determining if your insurance needs could use an agent’s help.

  • Should I carry comprehensive and collision coverage?
  • Is rental equipment covered for theft or damage?
  • Do I need to file an SR-22 for a DUI in my state?
  • How do I insure my teen driver?
  • Does my policy cover my teen driver if they drive my company car?
  • How much can I save by bundling my policies?
  • How can I find cheaper teen driver insurance?
  • What happens if I owe more than my 2014 Mazda 3 is worth?
  • Do I pay less if my vehicle is kept in my garage?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Specific coverages for a 2014 Mazda 3

Learning about specific coverages of your policy can help you determine the right coverages for your vehicles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. These are the usual coverages found on the average auto insurance policy.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your 2014 Mazda 3.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Normally these limits are set the same as your liablity limits.

Liability coverage

This will cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from legal claims by others. 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 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like attorney fees, pain and suffering, court costs and structural damage. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage

This pays for 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 coverage pays for claims like a broken windshield, rock chips in glass and hitting a deer. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, sustaining damage from a pot hole, crashing into a building, colliding with another moving vehicle and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as X-ray expenses, funeral costs and nursing services. They are utilized in addition to your health insurance plan or if you do not have health coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Make an honest buck

You just read many ideas to reduce 2014 Mazda 3 insurance car insurance rates online. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding low cost insurance coverage. Drivers may discover the biggest savings come from a lesser-known regional company. Regional companies may only write in your state and offer lower premium rates than the large multi-state companies such as State Farm, Geico and Nationwide.

Discount 2014 Mazda 3 insurance is attainable on the web as well as from insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies may not have the ability to get a quote online and most of the time these small, regional companies only sell coverage through local independent agencies.

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