View 2009 Mazda 5 Car Insurance Quotes

Want the cheapest auto insurance rates for your Mazda 5? Are you tired of scraping nickels together to pay high auto insurance rates every month? You have the same problem as many other vehicle owners.

Insurance companies such as State Farm and Geico all claim big savings, bombarding you with advertising and consumers find it hard to ignore the flashy ads and take the time to shop coverage around.

Consumers should take time to take a look at other company’s rates periodically due to the fact that insurance prices change regularly. Despite the fact that you may have had the best rate for 5 coverage a few years ago you can probably find a better premium rate now. Forget all the misinformation about auto insurance because it’s time to teach you the best methods to find better rates and still maintain coverage.

Auto insurance policy discounts you can’t miss

Auto insurance companies don’t always publicize the entire discount list very clearly, so we break down a few of the more well known and also the more inconspicuous discounts that may be available.

• Homeowners Savings – Just being a homeowner can get you a discount since home ownership requires personal responsibility.
• Accident Free – Claim-free drivers can save substantially as compared to frequent claim filers.
• Government Employees – Having worked for a branch of the government may reduce rates when you quote auto insurance for 5 coverage with some auto insurance companies.
• Data Collection Discounts – People who choose to allow companies to analyze vehicle usage remotely like Allstate’s Drivewise may see discounts as long as the data is positive.
• Seat Belt Usage – Drivers who require all vehicle occupants to use their safety belts could save 15% off the personal injury premium cost.
• More Vehicles More Savings – Purchasing coverage when you have multiple cars on one policy qualifies for this discount.

As a footnote on discounts, many deductions do not apply the the whole policy. Most cut specific coverage prices like comprehensive or collision. Just because it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

Popular auto insurance companies and their possible discounts are shown below.

• 21st Century may offer discounts for homeowners, anti-lock brakes, automatic seat belts, defensive driver, air bags, 55 and older, and teen driver.
• State Farm offers discounts for Steer Clear safe driver discount, anti-theft, good driver, defensive driving training, accident-free, and student away at school.
• AAA offers discounts including AAA membership discount, multi-policy, pay-in-full, good student, good driver, and multi-car.
• Liberty Mutual may include discounts for newly retired, new vehicle discount, teen driver discount, preferred payment discount, new move discount, multi-car, and hybrid vehicle.
• Progressive may have discounts that include multi-policy, homeowner, good student, online signing, online quote discount, multi-vehicle, and continuous coverage.

When comparing rates, check with each company which discounts you may be entitled to. All car insurance discounts might not be offered on policies in your area.

How insurance companies determine Mazda 5 insurance rates

It’s important that you understand the factors that go into determining the rates you pay for insurance coverage. When consumers understand what impacts premium levels, this allows you to make educated decisions that may result in lower rates.

• Premiums are affected by your address – Residing in small towns and rural areas can save you money when shopping for auto insurance. Urban drivers have more auto accidents and much longer commute distances. Lower population corresponds to lower accident rates.
• Marriage reduces risk – Having a significant other may cut your premiums on your insurance coverage policy. Having a spouse translates into being more mature than a single person and it’s proven that married couples file fewer claims.
• Safer cars save money – Cars with high safety ratings can get you lower premiums. The safest vehicles result in less severe injuries and fewer serious injuries means your insurance company pays less which can mean better rates for you. If the Mazda 5 has at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
• Bad credit hurts insurance premiums – Having a good credit score can be a huge factor in calculating your premium rate. Drivers who have high credit ratings tend to file fewer claims and have better driving records than those with poor credit scores. So if your credit rating leaves room for improvement, you could pay less to insure your 2009 Mazda 5 by improving your credit score.
• Gender impacts prices – Statistics have proven that females tend to be a little less risky than males. This data doesn’t prove that men are worse drivers. Males and females cause auto accidents at about the same rate, but males have costlier accidents. In addition to higher claims, males also get ticketed for serious violations like DUI and reckless driving. Youthful male drivers have the highest risk to insure and therefore have the most expensive insurance coverage rates.
• Buy as much liability insurance as you can afford – Liability insurance provides coverage in the event that you are found to be at fault for damages from an accident. It will provide for a legal defense to defend your case. Liability is cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Better insurance coverage rates with anti-theft devices – Purchasing a vehicle with an alarm system can help lower your premiums. Systems that thwart theives like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent vehicle theft.

Insurance agents can help

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation would benefit from an agent’s advice.

• Are split liability limits better than a combined single limit?
• Am I covered when driving in Canada or Mexico?
• Do I have newly-aquired coverage?
• What is the rate difference between pleasure use and commuting?
• How much liability coverage do I need in my state?
• How can I find cheaper teen driver insurance?
• What if I don’t agree with a claim settlement offer?
• Is my camper covered by my car insurance policy?
• Should I sign the liability waiver when renting a car?
• Is my business laptop covered if it gets stolen from my vehicle?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance 101

Learning about specific coverages of your car insurance policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by car insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for bills like chiropractic care, surgery and prosthetic devices. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as scraping a guard rail, crashing into a building, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Liability – Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims like pain and suffering, emergency aid, repair costs for stationary objects and funeral expenses. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your Mazda 5.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Comprehensive car insurance – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as damage from flooding, vandalism, hail damage and falling objects. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Save for a rainy day

When shopping online for insurance coverage, make sure you don’t skimp on critical coverages to save a buck or two. There are a lot of situations where someone sacrificed collision coverage and discovered at claim time that the small savings ended up costing them much more. Your objective should be to get the best coverage possible at the best price, but don’t skip important coverages to save money.

Cheaper insurance coverage is available online and from local insurance agents, and you need to price shop both so you have a total pricing picture. Some companies may not offer rate quotes online and many times these small insurance companies sell through independent insurance agents.

To learn more, feel free to visit the following helpful articles:

• Parking Tips to Reduce Door Dings (State Farm)
• Frontal Crash Tests (iihs.org)
• Liability Insurance Coverage (Nationwide)
• Safety Belts FAQ (iihs.org)
• Understanding Car Crashes Video (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)