Cheap 1993 Mazda 626 Insurance Quotes

Trying to find lower insurance coverage rates for your Mazda 626? Perplexed by the wide range of insurance coverage options? Many other drivers are as well. Drivers have so many choices that it can quickly become a challenge to locate the lowest price.

Consumers should take time to shop coverage around every six months since rates change regularly. Even if you think you had the lowest price for 626 coverage a year ago you can probably find a better price now. Block out anything you think you know about insurance coverage because we’re going to demonstrate the things you must know in order to find great coverage at a great price.

Why your Mazda 626 insurance rates may be high

An important part of buying insurance is that you know the rating factors that go into determining insurance rates. Understanding what influences your rates enables informed choices that will entitle you to big savings.

  • Males pay more for insurance – Statistics demonstrate women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. They both are in accidents at a similar rate, but the male of the species cause more damage. Men also tend to receive more costly citations like reckless driving and DUI. Young males are the most expensive to insure and thus pay the highest rates.
  • Add-on coverages can add up – There are quite a few additional coverages that can waste your money on your insurance policy. Insurance for personal injury protection, accident forgiveness and motor club memberships are examples of these. They may seem like a good idea initially, but if you don’t need them eliminate the coverages to reduce your premium.
  • How many coverages with the same company – Many insurance companies will give a discount to customers who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, you still need to comparison shop to make sure you are getting the best deal. You may still find a better deal by buying insurance from a different company.
  • Lower rates with optional equipment – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
  • Credit scores impact insurance rates – Having a bad credit history is a large factor in determining what you pay for insurance. Therefore, if your credit score is not that good, you could be paying less to insure your 1993 Mazda 626 by repairing your credit. Drivers who have excellent credit tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • No coverage gaps is important – Allowing your insurance policy to lapse will be a quick way to pay more for insurance. And not only will insurance be more expensive, but being ticketed for driving with no insurance might get you a steep fine or even jail time.

The quickest way to compare car insurance rates is to know the fact most insurance companies allow for online access to quote your coverage. The only thing you need to do is provide a small amount of information like if you require a SR-22, the type of vehicles you drive, daily mileage, and if it has an anti-theft system. The rating information is automatically sent to multiple car insurance providers and they provide comparison quotes with very little delay.

To get price quotes for your 1993 Mazda 626, click here and enter your zip code.

Is there truth in advertising?

Auto insurance companies such as Allstate and Progressive constantly bombard you with ads on television and other media. They all seem to have a common claim about savings if you switch your coverage to them. But how can every company say the same thing? It’s all in the numbers.

All companies have a certain “appetite” for the driver that is profitable for them. For example, a preferred risk could possibly be a mature driver, is a homeowner, and has a short commute. Any driver who meets those qualifications receives the best rates and is almost guaranteed to save when switching.

Drivers who fall outside the “perfect” profile will be quoted higher rates which leads to business not being written. The ads say “customers who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can advertise the savings. This emphasizes why drivers must get as many quotes as possible. It’s just too difficult to predict which insurance companies will have the lowest Mazda 626 insurance rates.

Discounts are great for lower rates

Companies don’t necessarily list all available discounts in an easy-to-find place, so we break down both the well known and also the lesser-known ways to save on car insurance.

  • Clubs and Organizations – Being a member of a professional or civic organization is a good way to get lower rates on car insurance for 626 coverage.
  • Homeowners Pay Less – Owning a home can save you money because maintaining a house shows financial diligence.
  • Safety Course Discount – Successfully completing a driver safety course could save 5% or more depending on where you live.
  • Discounts for Safe Drivers – Safe drivers can pay as much as 50% less for 626 coverage than drivers with accident claims.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts when compared with bad drivers.
  • Driver’s Ed – Require your teen driver to take driver’s ed class if it’s offered in school.
  • College Student – Youth drivers who live away from home without a vehicle on campus may be able to be covered for less.
  • Life Insurance Discount – Companies who offer life insurance give a break if you buy life insurance from them.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only apply to the cost of specific coverages such as collision or personal injury protection. So when the math indicates you can get free auto insurance, companies don’t profit that way.

To see a list of insurers with discount car insurance rates, click here to view.

You may need specialized coverage

When buying adequate coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine whether or not you would benefit from an agent’s advice.

  • Should I file a claim if it’s only slightly more than my deductible?
  • Should I put collision coverage on all my vehicles?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is an SR-22 filing?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I buy full coverage?
  • How can I force my company to pay a claim?
  • How many claims can I have before being cancelled?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Insurance coverage considerations

Learning about specific coverages of a insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a broken windshield, hitting a deer and falling objects. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for expenses for things like prosthetic devices, rehabilitation expenses, surgery, funeral costs and ambulance fees. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision insurance

This pays for damage to your 626 caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as driving through your garage door, colliding with another moving vehicle, hitting a mailbox, crashing into a building and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Liability auto insurance

This can cover damage or injury you incur to a person or their property. It protects YOU from claims by other people, and doesn’t 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. Your policy might show liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims like bail bonds, pain and suffering, court costs and emergency aid. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Save for a rainy day

When shopping online for insurance, it’s very important that you do not reduce needed coverages to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Lower-priced 1993 Mazda 626 insurance can be sourced from both online companies as well as from independent agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers don’t offer online quoting and these smaller companies work with independent agents.

We covered many ways to get a better price on insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the best prices are with a lesser-known regional company.

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