Compare 2015 Mazda Mazda5 Car Insurance Rates

Searching for the cheapest insurance rates for your Mazda Mazda5? Comparison shopping for cheaper insurance might be challenging for beginners to online insurance quotes. Since there are so many companies in the marketplace, it can easily turn into a lot of work to find the best price.

It’s a good idea to take a look at other company’s rates quite often because prices trend upward over time. Just because you had the best rates on Mazda5 insurance a year ago there may be better deals available now. There is a lot of wrong information about insurance on the web, but in a few minutes you can learn some good information on how to put money back in your pocket.

Cheap insurance coverage rate quotes online

To get the cheapest insurance quotes, there a variety of ways to compare rate quotes from many available insurance coverage companies in your state. The easiest way to compare 2015 Mazda Mazda5 insurance prices is to jump online and get quotes. It is quite easy and can be accomplished using a couple different methods.

The easiest and least time consuming way to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This quick form prevents you from having to do repetitive form submissions for every company. Filling out one form gets you price quotes from several companies.It’s the quickest way to get rates.

A more difficult way to obtain and compare quotes online requires you to visit the website for each individual company and repeat the quote process. For example, let’s say you want to see prices from Auto-Owners, State Farm and Progressive. To get each rate you have to go to each individual site to enter the same coverage data repeatedly, and that explains why we recommend the first method.

To view a list of companies in your area, click here.

The old school method of getting rate comparisons is going to local insurance agencies. Doing it all online makes this process obsolete unless your situation requires the professional guidance that only an agent can give. However, consumers can comparison shop your insurance online and still use a local agent.

However you get your quotes, do your best to enter identical quote data on every price quote you get. If your comparisons have different liability limits it’s not possible to determine the lowest rate for your Mazda Mazda5. Just a small difference in insurance coverages can make a big difference in price. And when comparison shopping, quoting more provides better odds of finding the best price. Some smaller insurers to not give prices over the internet, so it’s important to compare price quotes from them, too.

Auto insurance in the media

Big name companies like Allstate, Geico and Progressive continually stream ads on television and other media. They all seem to seem to make the promise that drivers can save some big amount after switching your policy. How does each company offer you a better deal? Here is the trick they use.

Insurance companies look for specific characteristics for the type of insured that will most likely be profitable. One example of a driver they prefer may need to be over the age of 35, has a low-risk occupation, and insures a new vehicle. A propective insured who matches those parameters will get low prices as well as save a lot if they switch.

Potential customers who don’t meet these stringent criteria will get more expensive rates and this can result in business not being written. The ads say “people who switch” not “everyone who quotes” can get the lowest rates when switching. That is how insurance companies can confidently claim big savings. That is why it’s extremely important to do a price quote comparison at every renewal. It is just not possible to predict which insurance companies will be your best fit.

Insurance premium influencing factors

Consumers need to have an understanding of some of the factors that aid in calculating your policy premiums. When you understand what impacts premium levels, this helps enable you to make changes that will entitle you to big savings. Lots of factors are used when you get a price on insurance. Some are pretty understandable like your driving record, but others are more transparent like your vehicle usage or your financial responsibility.

The items below are most of the major factors insurance companies consider when setting prices.

• Consolidate policies and save money – Most larger insurance companies apply lower prices to policyholders who buy several policies from them, otherwise known as a multi-policy discount. Even though this discount sounds good, you still need to compare rates to guarantee you are still saving the most.
• Never let your coverage expire – Allowing your coverage to lapse will be a guaranteed way to drive up your policy premiums. Not only will rates go up, getting caught without coverage could result in fines and jail time.
• Only buy what you need – There are a lot of add-on coverages that you can buy but may not be useful. Coverages like rental car coverage, towing coverage, and membership fees could be just wasting money. They may seem like a good idea when discussing your needs, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
• Car insurance liability insurance limits – Your insurance policy’s liability coverage will afford coverage when a jury decides you are liable for causing personal injury or damage in an accident. This coverage provides for a legal defense which can be incredibly expensive. It is affordable coverage when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
• Pay more of a claim out-of-pocket – Physical damage deductibles tell how much you are willing to pay out-of-pocket if a claim is determined to be covered. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered are collision with another vehicle, collision with a deer, and damage from wind. The more you’re willing to pay, the bigger discount you will receive on Mazda5 insurance.
• GPS tracking and theft deterrents lower insurance rates – Owning a car that has an advanced theft prevention system can earn a premium discount. Theft prevention features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop vehicle theft.
• Cautious drivers pay better prices – Your driving citation history influences premium rates substantially. Good drivers pay less for auto insurance compared to drivers with tickets. Just one chargable violation could increase your next policy renewal by as much as thirty percent. People who have flagrant violations such as DUI, reckless driving or excessive speeding may find that they have to to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to legally drive.
• Location can impact price – Choosing to live in small towns and rural areas is a positive aspect when insuring your vehicles. Urban drivers tend to have more traffic problems and higher rates of accident claims. Fewer drivers and short commutes means a lower chance of having an accident and a lower car theft rate.

Insurance companies offer many discounts

Companies don’t list the entire discount list in a way that’s easy to find, so we researched some of the best known and the harder-to-find discounts that you can inquire about if you buy insurance online. If you do not check that you are getting every discount you deserve, it’s possible you qualify for a lower rate.

• New Vehicle Savings – Buying a new car instead of a used car can get you a discount since new vehicles have better safety ratings.
• Early Switch Discount – Some companies reward drivers for switching policies prior to your current policy expiring. This discount can save up to 10%.
• Senior Citizens – If you’re over the age of 55, you may be able to get reduced rates on Mazda5 insurance.
• Onboard Data Collection – Policyholders that allow their company to study driving manner by using a telematic data system such as State Farm’s In-Drive might see lower rates if they exhibit good driving behavior.
• Multiple Vehicles – Buying a policy with all your vehicles on one policy qualifies for this discount.
• Multi-line Discount – Insurance carriers who offer life insurance give a break if you buy a life policy as well.
• Active Military Service – Being on active duty in the military may lower your rates slightly.
• Payment Discounts – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
• College Student – who are enrolled in higher education away from home and don’t have a car may qualify for this discount.

A little note about advertised discounts, most discounts do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like you could get a free insurance policy, it just doesn’t work that way. Any amount of discount will definitely reduce the premium cost.

Popular insurance companies and a partial list of their discounts are outlined below.

• State Farm has savings for multiple policy, multiple autos, good student, passive restraint, and Drive Safe & Save.
• Nationwide has discounts for accident-free, defensive driving, business or organization, good student, and multi-policy.
• Geico policyholders can earn discounts including anti-theft, multi-policy, membership and employees, emergency military deployment, and daytime running lights.
• AAA discounts include education and occupation, multi-policy, pay-in-full, good driver, multi-car, and AAA membership discount.
• 21st Century may have discounts that include teen driver, air bags, automatic seat belts, 55 and older, homeowners, good student, and driver training.
• The Hartford offers premium reductions for vehicle fuel type, defensive driver, air bag, anti-theft, driver training, bundle, and good student.

Before purchasing a policy, check with every insurance company which discounts can lower your rates. Discounts might not be offered on policies in your area. To locate insurers that have a full spectrum of discounts, follow this link.

Do I just need basic coverages?

When it comes to buying coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s needs are different.

For example, these questions may help highlight whether you could use an agent’s help.

• Why do I only qualify for high-risk insurance?
• Should I put collision coverage on all my vehicles?
• Does my medical payments coverage pay my health insurance deductible?
• Do I need replacement cost coverage?
• What can I do if my company won’t pay a claim?
• Is pleasure use cheaper than using my 2015 Mazda Mazda5 to commute?
• What should my uninsured motorist coverage limits be in my state?
• What happens if I owe more than my 2015 Mazda Mazda5 is worth?
• Why am I required to get a high-risk car insurance policy?
• What companies insure drivers after a DUI or DWI?

If you’re not sure about those questions, you might consider talking to an agent. To find an agent in your area, fill out this quick form.

Car insurance coverage basics

Learning about specific coverages of car insurance can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision protection

Collision coverage pays for damage to your Mazda5 caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sideswiping another vehicle, damaging your car on a curb and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Coverage for medical payments

Med pay and PIP coverage provide coverage for bills like hospital visits, funeral costs, chiropractic care, nursing services and X-ray expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hail damage, a tree branch falling on your vehicle and hitting a deer. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability

This coverage can cover damages or injuries you inflict on people or other property in an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as loss of income, pain and suffering and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your 2015 Mazda Mazda5.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

You can do this!

We just showed you many tips how you can reduce 2015 Mazda Mazda5 insurance car insurance rates online. The key concept to understand is the more quotes you get, the higher your chance of finding low cost insurance. You may even discover the lowest car insurance rates are with a company that doesn’t do a lot of advertising.

Consumers who switch companies do it for a variety of reasons including delays in responding to claim requests, being labeled a high risk driver, poor customer service or even an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a new company is pretty simple and you could end up saving a buck or two.

More affordable insurance coverage is definitely available both online and with local insurance agents, and you should compare price quotes from both to have the best selection. A few companies do not provide price quotes online and these smaller providers only sell coverage through independent insurance agencies.

More tips and info about insurance coverage is available by following these links:

• How do I File a Claim? (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Should I Buy a New or Used Car? (Allstate)