2007 Mazda Mazda3 Car Insurance Cost – 9 Tips for Cheapest Prices

Want the cheapest auto insurance rates for your Mazda Mazda3? Are you irritated from sacrificing to pay your auto insurance bill each month? You are in the same boat as most other drivers.

Drivers have so many insurers to buy insurance from, and although it’s a good thing to have a selection, having more insurers makes it harder to compare rates and cut insurance costs.

It is always a good idea to compare rates quite often since insurance prices are constantly changing. Even if you think you had the lowest price on Mazda3 insurance six months ago you can probably find a better rate quote now. Block out anything you think you know about auto insurance because we’re going to demonstrate the best methods to save money, get proper deductibles and limits, all at the lowest rate.

Choosing the best insurance company for you is easy if you know what you’re doing. In a nutshell, everyone who is shopping for auto insurance should be able to reduce their rates. But car owners should learn how companies sell insurance online and use this information to your advantage.

Lower rates by qualifying for these nine discounts

Insuring your fleet can be pricey, but you might find some hidden discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at the time of purchase, but a few need to be asked for prior to receiving the credit.

  • Multiple Policy Discount – If you insure your home and vehicles and place coverage with the same company they may give you a discount of as much as 10 to 15 percent.
  • Renewal Discounts – Select companies give a discount for switching companies before your current coverage expires. This discount can save up to 10%.
  • Smart Student Discounts – A discount for being a good student may save as much as 25% on a car insurance quote. Earning this discount can benefit you until age 25.
  • E-sign Discounts – A handful of companies will give you a small discount just for signing your application on their website.
  • Seat Belt Discounts – Buckling up and requiring all passengers to fasten their seat belts could cut 10% or more off the personal injury premium cost.
  • Discounts for Multiple Vehicles – Drivers who insure primary and secondary vehicles on one policy qualifies for this discount.
  • Membership in Organizations – Being in a civic or occupational organization could earn you a nice discount on auto insurance.
  • Passive Restraints and Air Bags – Factory air bags or automatic seat belts can receive discounts of 25 to 30%.
  • Savings for New Vehicles – Insuring a vehicle that is new can save you some money due to better safety requirements for new vehicles.

Keep in mind that most discounts do not apply to your bottom line cost. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Even though it appears you could get a free auto insurance policy, company stockholders wouldn’t be very happy.

A few of the larger companies and a selection of discounts include:

  • GEICO offers discounts for driver training, multi-vehicle, daytime running lights, seat belt use, and five-year accident-free.
  • Travelers has discounts for early quote, multi-car, save driver, home ownership, good student, and new car.
  • Farm Bureau policyholders can earn discounts including driver training, multi-policy, multi-vehicle, good student, and 55 and retired.
  • Liberty Mutual may have discounts that include multi-car, new move discount, new vehicle discount, exclusive group savings, and hybrid vehicle.
  • American Family offers discounts including good driver, TimeAway discount, early bird, defensive driver, air bags, Steer into Savings, and bundled insurance.
  • Progressive discounts include online quote discount, continuous coverage, multi-vehicle, online signing, and good student.

If you want low cost car insurance quotes, ask each company which discounts you may be entitled to. Some discounts listed above may not apply to policyholders in your state.

How to find affordable auto insurance

When shopping for cheap car insurance quotes, there are a couple of ways to compare prices from many available auto insurance companies in your state. The quickest method to compare 2007 Mazda Mazda3 insurance prices consists of shopping online. This can be done in a couple minutes as outlined below.

  • Without a doubt, the easiest way to compare a lot of rates at once would be an industry-wide quote request form click here to open form in new window. This easy form keeps you from doing repetitive form entry for each price estimate. A single, simple form gets rate comparisons from all major companies.
  • A more difficult way to get comparison quotes is to manually visit the website for each individual company and repeat the quote process again and again. For instance, let’s say you want comparison quotes from Auto-Owners, Allstate and State Farm. To get rate quotes you would need to visit each site to enter the same coverage data repeatedly, which can take a lot of time.

    For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just do your best to use identical coverage information with each company. If you have unequal deductibles or liability limits then you won’t be able to make a fair comparison for your Mazda Mazda3. Even a minor difference in insurance coverages could mean much higher rates. And when comparing auto insurance rates, know that comparing more rates from different companies provides better odds of finding the best price. Not every company allows you to get online quotes, so it’s necessary to compare rates from those companies as well.

Car insurance is unique, just like you

When choosing adequate coverage, there is no single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining whether you would benefit from professional advice.

  • Does car insurance cover theft of personal property?
  • Am I covered if I crash into my own garage door?
  • How many claims can I have before being cancelled?
  • Does my 2007 Mazda Mazda3 qualify for pleasure use?
  • Do I have coverage when making deliveries for my home business?
  • Is my babysitter covered when using my vehicle?
  • Does coverage extend to my business vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Big names are not always cheapest

State Farm, GEICO and Progressive consistently run ads on television and other media. They all seem to make the point that drivers can save some big amount if you just switch your policy. But how can every company charge lower premium rates? This is the trick they use.

Insurance providers give the cheapest rates for the type of customer that will add to their bottom line. A good example of this type of insured could possibly be a female over age 40, insures multiple vehicles, and drives newer vehicles. Any customer that meets those criteria will get the preferred rates and most likely will save when switching.

Potential insureds who do not match the requirements may receive a more expensive rate which translates to the driver buying from a lower-cost company. The ads state “customers that switch” not “all people who quote” save money. That is how companies can make those claims. Each company has different criteria, so you need to get a wide range of price quotes. It’s not possible to predict with any certainty which company will be your best fit.

Coverage specifics

Learning about specific coverages of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from car insurance companies.

Liability

Liability insurance protects you from damage or injury you incur to other’s property or people. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as medical expenses, court costs, repair costs for stationary objects, emergency aid and medical services. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as backing into a parked car, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses for things like EMT expenses, ambulance fees and surgery. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as falling objects, rock chips in glass, damage from getting keyed and fire damage. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Cheaper insurance is a realistic goal

As you quote car insurance, do not sacrifice coverage to reduce premiums. There have been many situations where an insured dropped comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage for the lowest price, but do not skimp to save money.

A few companies do not provide price quotes online and many times these regional carriers provide coverage only through independent agents. Budget-friendly auto insurance is possible on the web and from local agencies, so you should compare both to have the best selection.

Much more information about auto insurance can be found on the following sites: