2006 Mazda MX-5 Miata Insurance Rates – 7 Policy Discounts

Want better insurance rates for your Mazda MX-5 Miata? Buying the cheapest insurance online can seem to be challenging for consumers new to shopping for insurance online. With dozens of online companies available, how can you have a chance to compare them all to find the lowest price?

It’s smart to check insurance prices before your policy renews due to the fact that insurance rates are usually higher with each renewal. Even if you think you had the best deal on MX-5 Miata insurance a year ago you will most likely find a better rate today. Ignore everything you know about insurance because you’re about to learn the quickest way to find great coverage at a great price.

If you are paying for car insurance now, you stand a good chance to be able to cut costs considerably using these methods. The purpose of this article is to tell you how to effectively get price quotes. But car owners can benefit from knowing the methods companies use to price online insurance.

Comparison of Insurance Coverage

Most major insurance companies allow you to get pricing on their websites. Getting online rates doesn’t take much effort as you just enter your coverage preferences as requested by the quote form. Upon sending the form, the system orders information on your driving record and credit history and provides a quote.

This makes comparing rates easy, but the work required to visit multiple sites and fill out multiple forms can be a bit repetitive. But it’s very important to compare as many rates as possible if you are searching for lower prices.

The easiest way to get multiple rate quotes uses one simple form to get prices from many companies. The form is fast, helps eliminate reptitive entry, and makes quoting online much easier. After sending your information, it is quoted and you can select any one of the pricing results.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. It can be completed in less than 10 minutes and you’ll know if lower rates are available.

To save time and compare pricing, click here and input your coverage information. If you have a policy now, it’s recommended that you enter the coverage information exactly as they are listed on your policy. Doing this assures you will get comparison quotes for similar coverage.

How to save on Mazda MX-5 Miata insurance

Car insurance is not cheap, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply when you quote, but a few must be specially asked for before they will apply.

  • Safety Course Discount – Taking a course teaching defensive driving skills could cut 5% off your bill if you qualify.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off the personal injury premium cost.
  • Theft Prevention Discount – Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Sign Online – Certain companies give back up to $50 just for signing your application over the internet.
  • Passive Restraint Discount – Factory air bags or motorized seat belts can qualify for discounts of 20% or more.
  • College Student – Children who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • Discount for Life Insurance – Larger companies have a discount if you purchase a life insurance policy as well.

Consumers should know that most of the big mark downs will not be given the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think you can get free auto insurance, companies don’t profit that way. But any discount will cut your overall premium however.

Car insurance companies who might offer these benefits are:

It’s a good idea to ask every prospective company how you can save money. Discounts might not apply everywhere.

Tailor your coverage to you

When it comes to buying coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different.

For example, these questions can aid in determining whether your personal situation will benefit from professional help.

  • Does my 2006 Mazda MX-5 Miata need full coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I rate my 2006 Mazda MX-5 Miata as pleasure use or commute?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I need PIP coverage since I have good health insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form.

Auto insurance coverage information

Learning about specific coverages of a car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for hospital visits, surgery, nursing services and chiropractic care. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage – This provides protection from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Mazda MX-5 Miata.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Comprehensive coverage – Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hail damage, damage from getting keyed, a broken windshield and vandalism. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision – Collision insurance covers damage to your MX-5 Miata from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as hitting a mailbox, hitting a parking meter, sustaining damage from a pot hole and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Liability auto insurance – This provides protection from damages or injuries you inflict on other people or property. It protects you from claims by other people, and doesn’t cover 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. Your policy might show liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as bail bonds, medical expenses, repair bills for other people’s vehicles and legal defense fees. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.