View 2014 Mazda Mazda5 Insurance Quotes

I can’t think of anyone who enjoys paying for insurance, particularly when their premiums are through the roof.

Drivers have multiple car insurance companies to buy insurance from, and though it is a good thing to have multiple companies, it can be more difficult to compare rates.

This article will introduce you to how car insurance quotes work and some money-saving tips. If you currently have car insurance, you should be able to save some money using these methods. But consumers must comprehend the methods companies use to market insurance on the web and use this information to your advantage.

How to Get Auto Insurance

When shopping for auto insurance there are multiple ways of comparing rate quotes and find the best price. The best method to compare 2014 Mazda Mazda5 insurance prices is to use the internet to compare rates. It is quite easy and can be accomplished using a couple different methods.

The most efficient way to get quotes would be an industry-wide quote request form like this one (opens in new window). This easy form prevents you from having to do separate quotes for every auto insurance company. Just one form gets rate comparisons from auto insurance companies with the best prices.

A less efficient way to find lower rates is going to each individual company website to complete their respective quote request forms. For examples sake, let’s assume you want rates from Allstate, Esurance and American Family. To get rate quotes you would need to visit each site to input your insurance information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.

The least efficient way to compare rates is driving to insurance agents’ offices. Shopping for auto insurance online has reduced the need for local agents unless you require the personal advice only provided by licensed agents. You can, however, find lower rates online but buy from a local insurance agent and we’ll touch on that later.

It’s up to you which method you use, but compare apples-to-apples coverage information with each company. If you compare mixed coverages you will not be able to determine the lowest rate for your Mazda Mazda5. Just a small difference in coverages can make a big difference in price. And when comparing auto insurance rates, know that quoting more will increase your chances of finding the best offered rates.

Mazda Mazda5 rates are complex

Consumers need to have an understanding of some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that could result in lower car insurance prices.

The list below includes a few of the “ingredients” used by your company to calculate premiums.

  • Liability coverage is peace of mind – Your policy’s liability coverage will protect you in the event that you are found to be at fault for damages caused by your negligence. It will provide legal defense which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so do not cut corners here.
  • Consolidate policies to earn discounts – The majority of car insurance companies give discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, you may still want to shop around to make sure you are getting the best deal. Consumers may find better rates by buying insurance from more than one company.
  • Do men or women drive better? – The statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women have accidents in similar numbers, but the male of the species cause more damage. Men also tend to get more serious tickets like reckless driving and DUI. Teenage male drivers are the most expensive to insure and therefore have the most expensive car insurance rates.
  • Do you need the policy add-ons? – There are a lot of extra coverages you can purchase if you aren’t careful. Insurance for vanishing deductibles, better glass coverage and motor club memberships are examples of these. They may seem like a good idea at first, but if you don’t need them eliminate the coverages to reduce your premium.
  • Always keep insurance in force – Driving without insurance is a misdemeanor and car insurance companies will penalize you for letting your coverage lapse. Not only will you pay more, getting caught without coverage may earn you a revoked license or a big fine.Then you may be required to prove you have insurance by filing a SR-22 with your state department of motor vehicles.

Discounts mean cheaper 2014 Mazda Mazda5 insurance rates

Car insurance is not cheap, but you can get discounts that many people don’t even know exist. Most are applied when you purchase, but less common discounts must be manually applied prior to getting the savings.

  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
  • Auto/Life Discount – Companies who offer life insurance give better rates if you take out life insurance from them.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Low Mileage Discounts – Low mileage vehicles could be rewarded with discounted rates on garaged vehicles.
  • Multiple Cars – Insuring all your vehicles with the same company qualifies for this discount.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may save 10% to 20% off each policy.

Keep in mind that many deductions do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates all those discounts means the company will pay you, auto insurance companies aren’t that generous. Any amount of discount will bring down the amount you have to pay.

Companies that may have these discounts include:

It’s a good idea to ask each insurance company which discounts they offer. Savings may not apply in your state.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there really is not a “best” method to buy coverage. Every situation is different so your insurance needs to address that. For instance, these questions may help you determine whether you would benefit from professional advice.

  • Should I drop comprehensive coverage on older vehicles?
  • Is my 2014 Mazda Mazda5 covered for smoke damage?
  • Is pleasure use cheaper than using my 2014 Mazda Mazda5 to commute?
  • Am I covered when driving a rental car?
  • When can my company non-renew my policy?
  • What are the financial responsibility laws in my state?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I still get insurance after a DUI?
  • I don’t drive much so do I pay less?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Specific coverage details

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages found on most car insurance policies.

Auto collision coverage

This covers damage to your Mazda5 caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as colliding with another moving vehicle, driving through your garage door, hitting a mailbox and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda Mazda5.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits do not exceed the liability coverage limits.

Auto liability insurance

This provides protection from damage that occurs to people or other property that is your fault. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like medical expenses, bail bonds, repair bills for other people’s vehicles, legal defense fees and attorney fees. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like ambulance fees, rehabilitation expenses and chiropractic care. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive car insurance

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like falling objects, rock chips in glass, damage from getting keyed and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

A little work can save a LOT of money

You just read many ways to save on 2014 Mazda Mazda5 insurance. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may even discover the lowest rates come from the least-expected company. They may only write in your state and offer lower rates than their larger competitors like Progressive or Geico.

As you shop your coverage around, it’s a bad idea to buy less coverage just to save a little money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits only to regret that the savings was not a smart move. Your focus should be to find the BEST coverage at the best price while still protecting your assets.

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