Lower Your 2003 Mazda Protege5 Insurance Quotes

Want better insurance rates for your Mazda Protege5? Scraping up a payment for overpriced Mazda Protege5 insurance can overdraw your bank account and force you to make sacrifices. Comparing price quotes is a smart way to cut your insurance bill. Because there are so many insurance companies to choose from, it is very difficult to find the lowest price provider.

Pay less by taking advantage of discounts

The cost of insuring your cars can be expensive, but there could be available discounts that you may not know about. Some discounts apply automatically when you purchase, but lesser-known reductions have to be inquired about before you get the savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

Air Bag Discount – Vehicles equipped with air bags can get savings of 20% or more.
Discount for Good Grades – Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
One Accident Forgiven – A handful of insurance companies permit an accident before hitting you with a surcharge if you are claim-free prior to the accident.
Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts could save 15% off your medical payments premium.
E-sign – Certain companies may give you up to $50 simply for signing on their website.
Defensive Driving Course – Successfully completing a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
Drivers Education – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
Military Discounts – Having a family member in the military could mean lower rates.
Drive Less and Save – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.

It’s important to note that most of the big mark downs will not be given to the entire cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck. Any amount of discount will cut the cost of coverage.

A partial list of companies that possibly offer these benefits include:

Double check with every prospective company what discounts are available to you. Savings might not be offered in your area.

Compare the Market for Car Insurance

Getting a lower price on 2003 Mazda Protege5 insurance can be surprisingly simple. Drivers just need to take a couple of minutes to compare rate quotes online from several insurance companies. This can be accomplished in just a few minutes using one of these methods.

The first (and easiest) way to get the best comparison quotes is a comparison rater form (click to open form in new window). This easy form keeps you from doing separate quote forms for every car insurance company. In just a few minutes this one form gets you price quotes from car insurance companies with the best prices.
A different way to get quotes online consists of visiting each company website and fill out their own quote form. For sake of this example, we’ll assume you want to compare Nationwide, Esurance and Geico. You would have to visit each site to enter your coverage information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
The most time-consuming way to compare rates is to waste gas driving to local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you require the professional advice only provided by licensed agents. Drivers can compare the best prices online and still use a local agent. We’ll cover that shortly.

Which method you use is up to you, but make absolute certain that you use identical information on every quote. If you are comparing different values for each quote it will be next to impossible to make a fair comparison for your Mazda Protege5.

Factors determining your Mazda Protege5 insurance premium

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

Men are more aggressive – Statistics show women are more cautious behind the wheel. However, this does not mean men are worse drivers. Men and women have accidents at about the same rate, but the males have costlier accidents. They also have more aggressive citations like DUI and reckless driving. Young males are the most expensive to insure and thus pay the highest rates.
A lapse in coverage is a bad thing – Driving your car without having proper coverage is against the law and you will pay a penalty because you let your coverage have a gap. And not only will your rates increase, getting caught without coverage will get you a hefty fine and possibly a revoked license.
Equipment add-ons that lower insurance rates – Owning a car with an alarm system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your car from being stolen.
Small claims can cost you – If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Auto insurance companies award cheaper rates to insureds who are claim-free. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
Liability coverage protects you – Liability coverage will protect you in the event that you are found liable for causing damage or personal injury in an accident. It will provide for a legal defense which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
Safer cars are cheaper to insure – Safer cars get lower rates. Safer cars result in less severe injuries and fewer injuries means less money paid by your insurance company passed on to you as lower rates. If the Mazda Protege5 is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.

Your coverage should be tailored to you

When choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover if your insurance needs would benefit from an agent’s advice.

I don’t drive much so do I pay less?
What is the ISO rating for a 2003 Mazda Protege5?
Do I need an umbrella policy?
Why does it cost so much to insure a teen driver?
Where can I find DUI or SR-22 insurance?
Does my policy pay for OEM or aftermarket parts?
What vehicles should carry emergency assistance coverage?
Am I insured when driving a different vehicle?
Am I getting all the discounts available?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Switch companies and save? Really?

Consumers constantly see and hear ads for the lowest price auto insurance by State Farm, Geico and Progressive. All the companies make an identical promise that you’ll save big after switching to their company.

But how can every company make the same claim? This is how they do it.

All the different companies can use profiling for the type of driver that earns them a profit. For example, a profitable customer might be a mature driver, insures multiple vehicles, and has a high credit rating. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to save a lot of money.

Potential customers who don’t measure up to the requirements will be charged a higher premium which usually ends up with the customer not buying. The ads state “drivers who switch” not “everybody who quotes” save that much money. This is how insurance companies can advertise the way they do.

That is why you need to get a wide range of price quotes. It’s impossible to know which car insurance company will provide you with the cheapest Mazda Protege5 insurance rates.

Auto insurance coverage information

Having a good grasp of insurance helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Auto liability insurance – Liability insurance can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as loss of income, repair costs for stationary objects and medical services. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Comprehensive coverage (or Other than Collision) – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as theft, a tree branch falling on your vehicle, vandalism and hail damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for rehabilitation expenses, prosthetic devices and nursing services. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Mazda Protege5.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Collision – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a mailbox, crashing into a building, backing into a parked car, sustaining damage from a pot hole and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Make an honest buck

While you’re price shopping online, it’s very important that you do not buy poor coverage just to save money. There have been many situations where an insured cut liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage for the lowest price, not the least amount of coverage.

Cheaper 2003 Mazda Protege5 insurance can be found from both online companies and with local insurance agents, so you should compare both in order to have the best chance of saving money. Some companies do not offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.