Save on 2013 Mazda Mazda5 Car Insurance Rates

Searching for lower insurance rates for your Mazda Mazda5? Have you fallen victim to high-priced insurance? Believe me when I say you are not the only one feeling buyer’s remorse.

Many auto insurance companies vie to insure your vehicles, so it’s not easy to compare every provider to find the absolute lowest rate possible.

Policy discounts you shouldn’t miss

Car insurance is not cheap, but discounts can save money and there are some available that you may not know about. Certain discounts will be applied when you complete an application, but some must be asked for before you get the savings.

  • Air Bag Discount – Vehicles equipped with air bags can receive discounts up to 30%.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
  • Sign Online – Certain companies will give a small break for buying your policy over the internet.
  • Early Signing – A few companies offer discounts for signing up before your current policy expires. This can save 10% or more.
  • Homeowners Savings – Owning a house may trigger a insurance coverage policy discount because of the fact that having a home demonstrates responsibility.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
  • Organization Discounts – Being a member of certain professional organizations may earn a discount on insurance coverage on Mazda5 insurance.
  • Accident Waiver – Certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a set time period.
  • Claim Free – Drivers who don’t have accidents can save substantially compared to bad drivers.
  • Auto/Life Discount – Companies who offer life insurance give lower rates if you buy auto and life insurance together.

Consumers should know that many deductions do not apply the the whole policy. Most cut individual premiums such as comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, companies don’t profit that way. Any qualifying discounts will bring down the cost of coverage.

A partial list of companies that may have these money-saving discounts include:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Savings may not apply everywhere.

How to Compare Car Insurance Quotes

Effectively comparing car insurance prices can take time and effort if you aren’t aware of the most efficient way to do it. You can spend your afternoon driving to insurance agencies in your area, or you could save time and use online quotes to get the quickest rates.

Many insurance companies take part in a program that enables customers to only type in their quote data once, and every company returns a competitive quote based on that information. This prevents consumers from doing repetitive form submissions to every company.

To access this free quoting program, click here to open in new window.

The only drawback to comparing rates this way is you cannot specify which providers to receive prices from. If you wish to select from a list of companies to receive pricing from, we have assembled a list of the cheapest car insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but ensure you are comparing the exact same coverage information for each price quote. If you enter higher or lower deductibles it’s not possible to decipher which rate is best. Just a small difference in coverages may result in a large different in cost. Just keep in mind that having more price comparisons gives you a better chance of getting better pricing.

Complexity of Mazda Mazda5 insurance rates

Smart consumers have a good feel for the different types of things that help determine the price you pay for auto insurance. Knowing what impacts premium levels helps enable you to make changes that may reward you with big savings.

  • One company can mean more discounts – The majority of insurers provide better rates to policyholders who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, you may still want to comparison shop to verify if the discount is saving money.
  • Mature drivers pay less – Mature drivers tend to be more responsible, file fewer claims and are safer drivers. Teenage drivers are known to be more careless in a vehicle therefore auto insurance rates are much higher.
  • Don’t skimp on liability – The liability section of your policy is the protection if ever you are found liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Discounts for married couples – Having a wife or husband can actually save you money when buying auto insurance. Having a spouse usually means you are more mature than a single person and it’s statistically proven that married couples file fewer claims.
  • Where you reside plays a part – Choosing to live in a rural area can be a good thing when talking about auto insurance. Fewer drivers means fewer accidents and a lower car theft rate. Drivers in populated areas have much more traffic to deal with and a longer drive to work. More time commuting translates into higher accident risk.

Insurance agents can help

When it comes to choosing coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions may help you determine whether or not you would benefit from professional advice.

  • Am I covered if I break a side mirror?
  • Does my liability insurance cover pulling a trailer or camper?
  • Will my insurance pay for OEM parts?
  • Do I need PIP coverage since I have good health insurance?
  • Why am I required to buy liability insurance?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I get a multi-policy discount?
  • What is the difference between comprehensive and collision coverage?
  • When does my teenage driver need to be added to my policy?
  • Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Beware of misleading car insurance ads

Car insurance companies such as State Farm and Allstate regularly use television and radio advertisements. They all seem to make the same claim that you’ll save big if you move to their company. How do they all make almost identical claims?

Insurance companies are able to cherry pick for the driver that earns them a profit. An example of a driver they prefer could be a mature driver, has no prior claims, and chooses high deductibles. A driver who fits that profile will get the preferred rates and as a result will probably save when switching.

Potential insureds who don’t measure up to these standards will have to pay a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “customers that switch” but not “drivers who get quotes” save that kind of money. That’s why companies can truthfully claim big savings.

Because of the profiling, you need to get quotes from several different companies. It is impossible to predict the company that will give you the biggest savings on Mazda Mazda5 insurance.

Specific coverage details

Knowing the specifics of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverages offered by insurance companies.

Liability coverage

Liability coverage will cover damages or injuries you inflict on a person or their property in an accident. This coverage protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as pain and suffering, loss of income and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like hail damage, fire damage and rock chips in glass. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision protection

This will pay to fix damage to your Mazda5 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, scraping a guard rail, crashing into a building, hitting a mailbox and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Mazda Mazda5.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like surgery, pain medications and dental work. 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 as well as any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

More quotes. Lower rates.

Cheap 2013 Mazda Mazda5 insurance is available online as well as from independent agents, and you need to price shop both to get a complete price analysis. Some car insurance companies don’t offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

When buying insurance coverage, never buy poor coverage just to save money. In many cases, someone dropped uninsured motorist or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage at a price you can afford.

We covered quite a bit of information on how to save on insurance. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Consumers could even find that the most savings is with the smaller companies. Some small companies may only write in your state and offer lower rates than their larger competitors like State Farm and Allstate.

To learn more, link through to the following helpful articles: