How Much Does 1991 Mazda RX-7 Car Insurance Cost?

Trying to come up with a payment for expensive insurance can draw down your personal savings and make it tough to pay other bills. Performing a rate comparison is a great way to make sure you’re not throwing money away.

You have multiple insurers to buy insurance from, and although it’s nice to have multiple companies, lots of choices makes it harder to compare company pricing.

It’s a good idea to quote other rates once or twice a year since insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest rates for RX-7 coverage a few years ago other companies may now be cheaper. There is a lot of bad information regarding insurance online but in just a couple of minutes you can learn the easiest ways to stop overpaying for insurance.

First Step: Get free auto insurance quotes

Shopping for lower auto insurance rates can take time and effort if you don’t know the most efficient way to do it. You can waste a few hours (or days) driving to agents in your area, or you can utilize the web to get pricing more quickly.

Many insurance companies participate in a marketplace that allows shoppers to submit one quote, and at least one company returns a rated price. This eliminates the need for form submissions for every auto insurance company.

To fill out one form to compare multiple rates now click to open in new window.

The one disadvantage to pricing coverage this way is you cannot specify which insurance companies you will receive quotes from. So if you prefer to pick individual companies to compare prices, we put together a list of low cost auto insurance companies in your area. Click to view list.

The approach you take is up to you, just do your best to enter exactly the same information with every price quote. If you compare different coverage information it will be next to impossible to determine which company has the best rates. Just slight variations in limits may cause a big price difference. Just keep in mind that comparing more company’s prices increases your odds of finding the best offered rates. Some smaller insurers to not give online rate quotes, so you also need to get quotes from the smaller companies as well.

You may qualify for discounts

Properly insuring your vehicles can get expensive, but there could be available discounts to help bring down the price. A few discounts will be applied at the time of purchase, but a few must be requested specifically prior to getting the savings.

  • Buy New and Save – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Defensive Driver – Participating in a course in driver safety could save 5% or more depending on where you live.
  • Discount for Low Mileage – Fewer annual miles on your Mazda could be rewarded with discounted rates on garaged vehicles.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class if offered at their school.
  • Full Payment Discount – If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
  • College Student Discount – Children who attend college more than 100 miles from home and do not have access to a covered vehicle could qualify for this discount.
  • Theft Prevention Discount – Vehicles that have factory anti-theft systems can help prevent theft and that can save you a little bit as well.
  • Multi-Vehicle Discounts – Insuring multiple cars or trucks with one company can reduce the rates for all insured vehicles.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% for RX-7 coverage as compared to drivers with claims.

Just know that some credits don’t apply the the whole policy. A few only apply to the price of certain insurance coverages like medical payments or collision. If you do the math and it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

Some of the insurance companies that may include some of the discounts shown above are:

When quoting, ask every company what discounts are available to you. Savings might not be available to policyholders in your area.

Learn how to lower your insurance premiums

Many different elements are considered when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, but other criteria are not as apparent like your vehicle usage or your commute time.

Shown below are a few of the “ingredients” used by companies to determine prices.

  • Insurance is expensive for youthful drivers – Youthful drivers are statistically shown to be inattentive and easily distracted when at the wheel of a vehicle so they pay higher auto insurance rates. Older people have been proven to be more responsible, are lower risk to insure and are safer drivers.
  • Costs may be higher where you live – Living in areas with lower population is a good thing when insuring your vehicles. Fewer people means reduced accidents and lower theft and vandalism rates. Urban drivers have much more traffic and a longer drive to work. The longer drive time means higher likelihood of an accident.
  • Know your vehicle’s NHTSA crash test rating – Safe vehicles tend to be cheaper to insure. Vehicles built for safety have better occupant injury protection and any reduction in injury severity translates directly to fewer claims which can result in lower premiums.
  • Driving citations mean higher premiums – Having just one speeding ticket or other violation could increase your next policy renewal by as much as thirty percent. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Drivers unfortunate enough to have serious violations such as DUI or reckless driving are required to maintain a SR-22 with their state DMV in order to legally drive a vehicle.
  • Your occupation and auto insurance rates – Did you know your career choice can influence rates? Occupations like military generals, business owners and accountants are shown to have higher rates than the rest of us because of intense work requirements and long work hours. On the other hand, careers like farmers, athletes and retirees receive lower rates for RX-7 coverage.

There’s no such thing as the perfect insurance coverage policy

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there is no one size fits all plan. Everyone’s needs are different and your policy should reflect that. For example, these questions might point out whether or not you might need an agent’s assistance.

  • Can I drive in Mexico and have coverage?
  • Is business property covered if stolen from my car?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does having multiple vehicles earn me a discount?
  • Am I covered if I crash into my own garage door?
  • Why am I required to buy high-risk coverage?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Don’t believe everything you hear

Respected companies like Progressive, GEICO, Allstate and State Farm regularly use television, radio, and online ads. They all try to convey promises about savings if you move your policy. It sounds good, but how can they all give you a lower rate? This is the trick they use.

All companies look for specific characteristics for the type of driver that earns them a profit. A good example of a driver they prefer should be a mature driver, is a homeowner, and drives less than 7,500 miles a year. Any driver that matches those criteria will get the preferred premium rates and as a result will probably save a lot if they switch.

Potential insureds who do not match the “perfect” profile may be forced to pay higher prices which translates to the customer buying from someone else. The trick is to say “customers who switch” not “everyone that quotes” save that much money. That’s why companies can make it sound like they have such great rates. Different companies use different criteria so drivers should do a quote comparison often. It’s not possible to predict which insurance companies will have the best prices.

Insurance coverages 101

Learning about specific coverages of insurance helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages available from insurance companies.

Coverage for medical payments

Med pay and PIP coverage reimburse you for immediate expenses such as pain medications, prosthetic devices, chiropractic care and funeral costs. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay


This provides protection from injuries or damage you cause to other’s property or people in an accident. It protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against things like pain and suffering, loss of income, repair bills for other people’s vehicles, medical expenses and repair costs for stationary objects. How much coverage you buy is your choice, but buy as much as you can afford.

Comprehensive coverages

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as a broken windshield, theft and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage protection

Collision insurance covers damage to your RX-7 resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like crashing into a ditch, backing into a parked car, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Saving money is sweet as honey

When trying to cut insurance costs, don’t be tempted to buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced collision coverage and discovered at claim time that it was a big error on their part. Your objective should be to buy the best coverage you can find at the best price while still protecting your assets.

Some insurance providers may not have online quoting and these regional insurance providers only sell coverage through independent agents. Cost effective 1991 Mazda RX-7 insurance is attainable on the web and from local insurance agents, and you need to comparison shop both so you have a total pricing picture.

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