View 1993 Mazda RX-7 Car Insurance Rates

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me, there are many people just like you. Because you have many insurance providers from which to choose, it’s difficult to locate the cheapest company.

You need to do rate comparisons on a regular basis since rates are rarely the same from one policy term to another. Even if you got the best rates on RX-7 insurance last year there may be better deals available now. You can find a lot of misleading information regarding car insurance on the web, but with this article, you’re going to get some excellent ideas to slash your car insurance rates.

Finding affordable coverage is not rocket science. If you have insurance now or need a new policy, you can learn to reduce the price you pay and still get good coverage. Drivers only need an understanding of the tricks to compare price quotes online.

Don’t miss out on these money-saving discounts

Car insurance companies don’t always advertise every available discount very well, so we researched some of the best known and also the lesser-known discounts you could be receiving. If you don’t get every credit available, you are throwing money away.

  • Accident Forgiveness – A few companies will forgive one accident before raising your premiums if your claims history is clear prior to the accident.
  • Organization Discounts – Belonging to a civic or occupational organization could qualify you for a break when shopping for insurance coverage on RX-7 insurance.
  • Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates on RX-7 insurance than their less cautious counterparts.
  • Sign Online – Certain companies give back up to $50 simply for signing online.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Passive Restraints and Air Bags – Vehicles with factory air bags can qualify for discounts of up to 25% or more.

It’s important to understand that many deductions do not apply to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way.

For a list of insurers with discount insurance coverage rates, click here.

Do I need special coverages?

When it comes to choosing adequate coverage, there really is no cookie cutter policy. Every situation is different so your insurance should reflect that For instance, these questions can help discover whether your personal situation may require specific advice.

  • Do I need motorclub coverage?
  • How does medical payments coverage work?
  • Are rock chip repairs covered?
  • Do all my vehicles need collision coverage?
  • Do I need an umbrella policy?
  • Do I have any recourse if my insurance company denies a claim?

If it’s difficult to answer those questions 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. It is quick, free and you can get the answers you need.

Specifics of your insurance policy

Knowing the specifics of your insurance policy aids in choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages available from insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, vandalism, damage from flooding, rock chips in glass and hitting a deer. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance – Med pay and PIP coverage pay for short-term medical expenses for things like dental work, funeral costs, ambulance fees and EMT expenses. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Collision coverages – This pays for damage to your RX-7 from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like hitting a mailbox, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Liability coverages – Liability insurance provides protection from damages or injuries you inflict on a person or their property. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against things such as bail bonds, funeral expenses, emergency aid, pain and suffering and court costs. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

A penny saved is a penny earned

As you go through the steps to switch your coverage, don’t be tempted to buy less coverage just to save a little money. In many instances, an insured cut uninsured motorist or liability limits and discovered at claim time that the savings was not a smart move. Your goal should be to buy enough coverage at a price you can afford, not the least amount of coverage.

Budget-conscious 1993 Mazda RX-7 insurance can be purchased from both online companies and with local insurance agents, so compare prices from both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

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