1994 Mazda MX-3 Car Insurance Quotes

Nobody cherishes buying auto insurance, in particular when the price is too high.

You have so many auto insurance companies to choose from, and though it is a good thing to have multiple companies, so many choices can make it hard to find a good deal.

It’s important to do rate comparisons before your policy renews due to the fact that insurance rates change frequently. Just because you found the lowest price for MX-3 coverage last year a different company probably has better rates today. So just forget all the misinformation about auto insurance because you’re going to get a crash course in one of the quickest ways to reduce your cost while increasing coverage.

Buying cheaper insurance coverage is simple if you know the tricks. Just about everyone who shops for insurance coverage will more than likely be able to save money. Nevertheless, vehicle owners can benefit from knowing how companies determine prices.

Cut prices on Mazda MX-3 insurance

The price of auto insurance can be rather high, but you can get discounts to reduce the price significantly. Some trigger automatically when you purchase, but a few need to be specially asked for before they will apply.

  • Anti-theft System – Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.
  • Distant Student – Children who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Life Insurance Discount – Some companies give better rates if you take out life insurance.
  • Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts could save 15% off your PIP or medical payments premium.

Keep in mind that many deductions do not apply to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, companies don’t profit that way. But all discounts will cut your overall premium however.

Insurance companies that may offer these benefits are:

Double check with each insurance company how you can save money. All car insurance discounts might not apply in every state.

Insurance Coverage Comparisons

All major insurance coverage companies such as Progressive, Allstate and Geico provide insurance quotes on the web. Getting online quotes doesn’t take much effort as you simply enter the amount of coverage you want as requested by the quote form. Once you submit the form, the system sends out for information on your driving record and credit history and returns a price quote. Online quotes makes comparing rates easy, but the work required to visit multiple sites and type in the same information is not the best way to spend an afternoon. But it is imperative to compare as many rates as possible in order to find the best price possible.

There is a better way!

The preferred way to get multiple rate quotes is to use a quote form that gets price quotes from more than one company. The form is fast, reduces the work, and makes price shopping online much easier. As soon as you send your information, it is rated and you can select your choice of the returned quotes.

If you find a better price it’s easy to complete the application and purchase the new policy. This process just takes a couple of minutes and you will know how your current rates stack up.

To save time and find out how much you’re overpaying now, click here to open in a new tab and input your coverage information. If you have your current policy handy, we recommend you complete the form with deductibles and limits as close as possible to your current policy. This makes sure you will be getting a fair comparison based on similar coverages.

Why your Mazda MX-3 might be costing you more

Smart consumers have a good feel for some of the elements that go into determining your insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that can help you get lower insurance prices.

  • The more you drive the more you pay – The more miles you rack up on your Mazda in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers apply a rate based upon how you use the vehicle. Cars not used for work or commuting get more affordable rates than vehicles that are driven to work every day. Ask your agent if your insurance policy shows how each vehicle is driven. Incorrect usage on your MX-3 can cost quite a bit.
  • Don’t skimp on liability – Liability coverage provides coverage if ever you are found to be at fault for causing damage or personal injury in an accident. Liability provides legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
  • Pay less after the wedding – Having a spouse can get you a discount on your insurance policy. Marriage is viewed as being more responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Multiple policies with one company can save – Many companies give discounts to customers who carry more than one policy such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, you may still want to compare other company rates to ensure the best deal. You may still find better rates by splitting coverages up.
  • Clean credit earns discounts – Having a bad credit rating is a large factor in calculating your insurance rates. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with poor credit. If your credit can use some improvement, you could potentially save money when insuring your 1994 Mazda MX-3 by improving your rating.
  • Never allow your policy to lapse – Allowing your insurance policy to lapse will be a fast way to increase your insurance rates. And not only will insurance be more expensive, but being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license.
  • Too many insurance claims drive up costs – If you tend to file frequent claims, you can expect higher rates. Insurance companies award better rates to insureds who file claims infrequently. Insurance coverage is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

Tailor your coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might point out if your situation would benefit from professional advice.

  • Is business equipment covered while in my vehicle?
  • Can I rent a car in Mexico?
  • Does my personal policy cover me when driving out-of-state?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I buy more coverage than the required minimum liability coverage?
  • Which companies will insure high-risk drivers?
  • Is pleasure use cheaper than using my 1994 Mazda MX-3 to commute?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance 101

Having a good grasp of a auto insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types found on most auto insurance policies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Mazda MX-3.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages do not exceed the liability coverage limits.

Comprehensive auto coverage

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like vandalism, a tree branch falling on your vehicle, damage from getting keyed, a broken windshield and hitting a deer. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as X-ray expenses, rehabilitation expenses and funeral costs. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Collision coverage

This coverage covers damage to your MX-3 caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like driving through your garage door, scraping a guard rail, colliding with a tree and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Liability coverage

Liability insurance protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like bail bonds, funeral expenses, repair costs for stationary objects, loss of income and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

What is YOUR best insurance company?

As you shop your coverage around, you should never reduce needed coverages to save money. In too many instances, drivers have 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 get the best coverage possible for the lowest price, not the least amount of coverage.

We just covered a lot of ways to save on 1994 Mazda MX-3 insurance. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers may even find the best price on car insurance is with a small local company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive and Geico.

Cheaper insurance can be found on the web and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies do not offer online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Much more information about car insurance is located below: