View 2015 Mazda CX-5 Insurance Quotes

Have you had enough of robbing Peter to pay Paul each month for car insurance? You are in the same boat as many other drivers.

Having so many insurance coverage companies to choose from, it’s nearly impossible to find the right insurer.

Finding more affordable coverage is not that difficult. Essentially everyone who is required by state law to have insurance coverage will be able to lower their premiums. But drivers benefit from understanding the methods companies use to determine prices because it can help you find the best coverage.

How to reduce Mazda CX-5 insurance rates

Insuring your fleet can be pricey, buy you may qualify for discounts to reduce the price significantly. Some trigger automatically at the time you complete a quote, but a few must be manually applied before you will receive the discount.

  • Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Fewer Miles Equal More Savings – Low mileage vehicles can earn better rates on cars that stay parked.
  • Organization Discounts – Belonging to a qualifying organization may earn a discount on insurance on CX-5 coverage.
  • Homeowners Savings – Being a homeowner may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Distant Student – Any of your kids living away from home attending college and do not have a car can receive lower rates.
  • Accident Free – Claim-free drivers pay much less compared to bad drivers.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. Most cut the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, you’re out of luck. But any discount will cut your overall premium however.

To see a list of providers who offer insurance discounts, click this link.

Mazda CX-5 premiums are determined by many factors

An important part of buying insurance is that you know the factors that come into play when calculating auto insurance rates. When you know what positively or negatively determines base rates enables informed choices that can help you get big savings.

  • Protect yourself with liability coverage – Liability coverage is the protection if ever you are found liable for personal injury or accident damage. Liability provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive when compared with rates for comp and collision, so buy as much as you can afford.
  • Lower miles equals lower premium – The higher the mileage driven in a year’s time the higher your rate. Most insurance companies charge to insure your cars based upon how you use the vehicle. Autos used primarily for pleasure use can get a lower rate compared to those used for work or business. Double check that your auto insurance declarations sheet is rated on the correct usage for each vehicle, because it can save money. If your policy improperly rates your CX-5 may be wasting your money.
  • Lower rates with optional equipment – Driving a car with an alarm system can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.
  • Policy add-ons can waste money – There are many add-on coverages that you can get tricked into buying on your auto insurance policy. Things like vanishing deductibles, accidental death and membership fees are examples of these. They may seem good initially, but your needs may have changed so remove them from your policy.
  • Being married can save on auto insurance – Having a spouse actually saves money on auto insurance. Having a spouse is viewed as being more mature than a single person it has been statistically shown that being married results in fewer claims.
  • Do you qualify for a multi-policy discount? – Many insurers will give a discount to insureds who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. If you currently are using one company, you may still want to comparison shop to verify if the discount is saving money.
  • Teen drivers pay high rates – More mature drivers are more responsible, tend to file fewer claims and get fewer tickets. Teenage drivers are known to be careless and easily distracted when driving and because of this, their auto insurance rates are much higher.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there is no perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions could help you determine whether you might need professional guidance.

  • Are split liability limits better than a combined single limit?
  • Why am I required to get a high-risk car insurance policy?
  • What is no-fault insurance?
  • Am I covered when driving a rental car?
  • Is my teenager covered with friends in the car?
  • When would I need additional glass coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • Why is insurance for a teen driver so high?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Auto insurance 101

Knowing the specifics of your policy helps when choosing the best coverages for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average insurance policy.

Coverage for uninsured or underinsured drivers

This coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mazda CX-5.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Normally these coverages are set the same as your liablity limits.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, hitting a deer, rock chips in glass, theft and vandalism. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision protection

This coverage will pay to fix damage to your CX-5 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as hitting a parking meter, colliding with another moving vehicle, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for expenses such as prosthetic devices, hospital visits, EMT expenses, chiropractic care and ambulance fees. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Liability auto insurance

Liability coverage protects you from damage that occurs to other’s property or people by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like bail bonds, loss of income, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Keep this in mind

Lower-priced 2015 Mazda CX-5 insurance is definitely available from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who may not provide online quoting and most of the time these regional insurance providers sell through independent agents.

In this article, we presented a lot of techniques to compare insurance prices online. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. You may even find the most savings is with a small mutual company. These companies often have lower prices on specific markets compared to the large companies like State Farm or Progressive.

More detailed insurance coverage information is available at these sites: