Compare 2011 Mazda Mazdaspeed 3 Insurance Rates

Having to pay for high-priced Mazda Mazdaspeed 3 insurance can deplete your funds and make it impossible to make ends meet. There is such a variety of car insurance companies to choose from, and though it is a good thing to have a choice, too many choices makes it more difficult to get the best deal.

Car insurance discounts are available to cut your rates

Not too many consumers would say car insurance is affordable, but you might already qualify for some discounts that can help lower your rates. Larger premium reductions will be automatically applied when you get a quote, but some discounts are required to be specially asked for prior to getting the savings. If they aren’t giving you every credit you qualify for, you are just wasting money.

  • Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of up to 25% or more.
  • Mature Driver Discount – Seniors may receive reduced rates on Mazdaspeed 3 coverage.
  • Full Payment Discount – By paying your entire bill at once rather than paying in monthly installments you could save up to 5%.
  • No Accidents – Insureds who avoid accidents and claims can save substantially compared to drivers with a long claim history.
  • Low Mileage – Keeping the miles down on your Mazda may enable drivers to earn better premium rates on cars that stay parked.
  • Membership in Organizations – Participating in qualifying employment or professional organizations is a simple method to lower premiums on your next car insurance statement.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Multiple Cars – Buying a policy with primary and secondary vehicles with one company can reduce the rates for all insured vehicles.
  • Theft Deterent – Cars and trucks optioned with advanced anti-theft systems are stolen less frequently and will qualify for a discount on a car insurance quote.

Discounts reduce rates, but you should keep in mind that most discounts do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. So when it seems like you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will cut your car insurance premiums.

Large car insurance companies and their offered discounts can be found below.

  • Progressive discounts include good student, continuous coverage, online quote discount, multi-policy, and online signing.
  • Geico may include discounts for five-year accident-free, anti-lock brakes, membership and employees, emergency military deployment, seat belt use, and driver training.
  • State Farm policyholders can earn discounts including defensive driving training, good student, safe vehicle, good driver, and Steer Clear safe driver discount.
  • Esurance has discounts for good student, Pac-12 alumni, anti-lock brakes, defensive driver, anti-theft, and claim free.
  • The Hartford offers premium reductions for anti-theft, air bag, defensive driver, vehicle fuel type, bundle, and driver training.

Check with every company how many discounts you can get. A few discounts might not be offered on policies in your area.

Find Mazda Mazdaspeed 3 insurance cheaper

Lots of factors are used when pricing auto insurance. Some are obvious like an MVR report, although some other factors are less obvious such as your marital status and annual miles driven.

Listed below are some of the major factors that factor into your rates.

  • Prevent your car from being stolen – Choosing a vehicle with anti-theft technology or alarm system can save you some money. Theft deterrent systems like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent your car from being stolen.
  • Pay lower costs after the wedding – Your spouse can actually save you money on your policy. Having a significant other means you’re more mature and responsible and insurance companies like that married couples file fewer claims.
  • Rates can drop if you have more than one policy – Many insurance companies allow lower prices to policyholders that purchase more than one policy. It’s known as a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s in your best interest to compare rates to confirm you are receiving the best rates possible.
  • No policy gaps is important – Driving your car without having proper coverage can get you a ticket and insurance companies will penalize you for letting your insurance coverage expire. Not only will rates go up, getting caught without coverage may earn you a license revocation or jail time.
  • Male rates may be higher – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. This data doesn’t prove that men are worse drivers. Males and females get in at-fault accidents in similar numbers, but males cause more damage. Men also statistically have more aggressive citations such as DWI and reckless driving.
  • Low credit history equals high rates – An insured’s credit history is a large factor in calculating your premium rate. Insureds with very high credit ratings tend to be better risks to insure as compared to drivers with lower credit ratings. If your credit rating is low, you may save money insuring your 2011 Mazda Mazdaspeed 3 if you clean up your credit.
  • Avoid unnecessary extra policy coverages – Insurance companies have many optional add-on coverages that can waste your money if you aren’t careful. Insurance for things like replacement cost coverage, high-cost glass coverage, and Farm Bureau memberships may be costing you every month. These coverages may sound good at first, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Your career may increase insurance rates – Careers such as military personnel, architects and accountants are shown to have higher premium rates in part from high stress levels and incredibly demanding work hours. On the flip side, occupations like scientists, students and performers generally pay rates lower than average on Mazdaspeed 3 coverage.

Everyone needs different insurance coverages

When buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique so this has to be addressed. For example, these questions might point out whether or not you would benefit from professional advice.

  • If I drive on a suspended license am I covered?
  • Do I need added coverage for expensive stereo equipment?
  • Am I getting all the discounts available?
  • What is medical payments coverage?
  • How can I find cheaper teen driver insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • Am I insured when driving a different vehicle?
  • What are the best liability limits?
  • Do I have coverage when pulling a U-Haul trailer?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Do car insurance companies bend the truth?

Consumers can’t get away from ads that claim the cheapest premium rates from the likes of Allstate, Geico and Progressive. They all seem to advertise the message that drivers can save some big amount just by switching your policy.

How does every company claim to save you money? It’s all in the numbers.

Insurance providers offer their best rates for the type of driver that earns them the highest profit. For instance, a driver they prefer may be a married male, has no driving citations, and drives a car with an anti-theft system. Any customer who fits those characteristics will probably get cheap premium rates and is almost guaranteed to save if they switch.

Potential insureds who don’t meet this ideal profile will see higher rates which translates to business going elsewhere. The ads state “customers that switch” not “all people who quote” save that much when switching. That’s why companies can truthfully make the claims of big savings.

This emphasizes why you need to do a quote comparison often. Because you cannot predict which company will have the lowest premium rates for your situation.

The coverage is in the details

Learning about specific coverages of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by car insurance companies.

Collision coverage – Collision coverage covers damage to your Mazdaspeed 3 caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, crashing into a building, colliding with another moving vehicle and hitting a mailbox. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

UM/UIM Coverage – This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Mazda Mazdaspeed 3.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as fire damage, hitting a deer, damage from flooding, rock chips in glass and damage from getting keyed. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical costs insurance – Medical payments and Personal Injury Protection insurance pay for bills for chiropractic care, pain medications, surgery, dental work and doctor visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability insurance – This coverage provides protection from damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as medical expenses, bail bonds and legal defense fees. How much liability should you purchase? That is your choice, but buy higher limits if possible.

Never pay more for less

In this article, we presented many ways to shop for 2011 Mazda Mazdaspeed 3 insurance online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your premium rates. You may be surprised to find that the biggest savings come from an unexpected company. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Geico and State Farm.

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped liability coverage limits only to regret that they should have had better coverage. Your focus should be to get the best coverage possible at the best cost, but do not sacrifice coverage to save money.

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