Cheap 2011 Mazda CX-7 Car Insurance Rates

Did you fall for a flashy sales pitch and buy an expensive car insurance policy? It’s a common feeling and you’re not alone.

Vehicle owners have multiple insurers to purchase coverage from, and although it’s nice to have multiple companies, it makes it harder to find the best rates.

It’s important to compare premium rates before your next renewal because prices trend upward over time. Even if you got the lowest rates for CX-7 coverage at your last renewal other companies may now be cheaper. Forget all the misinformation about car insurance because you’re going to get a crash course in one of the quickest ways to remove unneeded coverages and save money.

This article will tell you how car insurance quotes work and some money-saving tips. If you currently have a car insurance policy, you stand a good chance to be able to save some money using these techniques. Nevertheless, consumers benefit from understanding how companies price insurance differently and take advantage of how the system works.

Low cost insurance prices

When looking for affordable insurance quotes, there are a couple ways to compare quotes from local insurance companies. The easiest way by far to find competitive Mazda CX-7 insurance rates involves getting comparison quotes online. This can be accomplished using a couple different methods.

• The most recommended method consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This type of form saves time by eliminating a different quote for each price estimate. Filling out one form gets you coverage quotes instantly.
• A less efficient way to compare rate quotes is going to the website for every company you want to comare and get a separate price quote. For sake of this example, let’s say you want to compare prices for Liberty Mutual, State Farm and American Family. To get each rate you have to take the time to go to each site and enter your information, which is why the first method is quicker. To view a list of companies in your area, click here.

Whichever way you use, compare apples-to-apples coverages for every company. If your comparisons have different coverage information it will be nearly impossible to determine which company has the best rates. Slightly different insurance coverages could mean much higher rates. Just remember that more quotes provides better odds of finding better pricing.

Don’t miss these money-saving discounts

Not too many consumers would say auto insurance is affordable, but there are discounts available that many people don’t even know exist. Larger premium reductions will be automatically applied when you quote, but some discounts are required to be specifically requested in order for you to get them.

• Good Grades Discount – A discount for being a good student can get you a discount of up to 25%. This discount can apply well after school through age 25.
• Switch and Save Discount – A few auto insurance companies allow discounts for buying a policy early. This can save 10% or more.
• Payment Discounts – If you pay your bill all at once rather than paying monthly you can avoid monthly service charges.
• Military Rewards – Having a deployed family member could be rewarded with lower auto insurance rates.
• Include Life Insurance and Save – Not all insurance companies offer life insurance, but some may give you a discount if you purchase life insurance from them.
• Claim-Free Discount – Claim-free drivers are rewarded with significantly better rates on insurance quote as compared to frequent claim filers.
• Drivers Education – Have your child successfully complete driver’s ed class as it can save substantially.
• First Accident Forgiveness – but companies like Geico and Allstate allow you one accident before your rates go up so long as you are claim-free for a certain period of time.
• Telematics Discount – People who choose to allow companies to analyze their driving habits by using a telematic data system such as State Farm’s In-Drive might see lower rates if they are good drivers.
• Theft Deterent – Cars that have factory anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.

A quick disclaimer, most credits do not apply to the entire cost. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that you could get a free auto insurance policy, company stockholders wouldn’t be very happy. But any discount will reduce the cost of your policy.

For a list of insurers with discount rates, click here to view.

Do I need special coverages?

When choosing the right insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions may help highlight whether you may require specific advice.

• Where can I find DUI or SR-22 insurance?
• How much liability coverage do I need in my state?
• What is high-risk coverage and where do I buy it?
• Am I covered if I hit a deer?
• Is my dog or cat covered if injured in an accident?
• Does my policy pay for OEM or aftermarket parts?
• Do I have coverage when pulling a U-Haul trailer?
• Will my rates increase for filing one claim?
• How much can I save by bundling my policies?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with 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 coverages

Having a good grasp of a car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by car insurance companies.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills such as doctor visits, nursing services and surgery. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a bird, fire damage and a tree branch falling on your vehicle. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mazda CX-7.

Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like colliding with a tree, sideswiping another vehicle, backing into a parked car and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Liability

This will cover damage that occurs to other people or property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things like emergency aid, repair bills for other people’s vehicles, structural damage, pain and suffering and loss of income. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.