2016 Mazda CX-5 Insurance Quotes – 5 Ways to Save

Price shopping your auto insurance is always a challenge for consumers not familiar with buying insurance online. People have so many options available that it can easily become a real hassle to compare prices.

Where Can I Get Cheap Insurance?

Most companies quote coverage price quotes directly from their websites. Getting online quotes is quite simple as you simply enter your coverage information into a form. When the form is submitted, the company’s rating system will order credit information and your driving record and provides a quote based on these factors.

Quoting online makes comparing rates easy, but the time required to go to multiple sites and type in the same information is not the best way to spend an afternoon. But it’s absolutely necessary to perform this step in order to get a lower rate.

An easier way to find cheaper rates is to use a quote form to get prices from a bunch of companies at once. This type of form saves time, eliminates repetitive work, and makes price shopping online much easier. As soon as the form is sent, it is quoted and you are able to buy any of the returned quotes.

If you find a better price you can click and sign and buy the new coverage. The whole process can be completed in a matter of minutes and you will know how your current rates stack up.

To find out how much you can save on insurance, click here to open in new window and submit the form. If you have your current policy handy, we recommend that you enter the coverages exactly as they are listed on your policy. This guarantees you are getting rate comparison quotes using the same coverage and limits.

Discounts are great for lower rates

Car insurance is not cheap, but there are discounts available to help offset the cost. Some trigger automatically when you get a quote, but less common discounts must be requested specifically before you will receive the discount.

  • Bundle and Save – When you combine your home and auto insurance with one insurance company you may save at least 10% off all policies.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Discount for Life Insurance – Some companies give a break if you buy a life insurance policy as well.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off on CX-5 coverage depending on your company.
  • Driver Safety – Taking part in a defensive driving course can save you 5% or more if you qualify.

Keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think all the discounts add up to a free policy, you’re out of luck. But any discount will help reduce your premiums.

For a list of insurance companies with discount car insurance rates, click here.

You may need specialized coverage

When choosing adequate coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For example, these questions may help highlight whether your personal situation may require specific advice.

  • When can I cancel my policy?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What is medical payments coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • When would I need additional glass coverage?
  • Am I covered when pulling a rental trailer?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form.

Car insurance coverage information

Learning about specific coverages of your policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive auto coverage – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from flooding, hail damage, damage from a tornado or hurricane, fire damage and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for bills for hospital visits, EMT expenses and pain medications. They are used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mazda CX-5.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally these coverages are similar to your liability insurance amounts.

Liability insurance – Liability insurance will cover damage that occurs to a person or their property. It protects you against other people’s claims, 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. As an example, you may have limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like repair bills for other people’s vehicles, court costs, repair costs for stationary objects and medical expenses. 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.

Collision coverage – This coverage covers damage to your CX-5 caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as scraping a guard rail, crashing into a ditch and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Buy Smart and Save

Affordable 2016 Mazda CX-5 insurance can be purchased both online and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. Some auto insurance companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. In many cases, drivers have reduced physical damage coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

People change insurance companies for any number of reasons including questionable increases in premium, lack of trust in their agent, policy cancellation or even being labeled a high risk driver. Regardless of your reason for switching companies, switching companies is easier than you think.

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