Cheap 2014 Mazda Mazda3 Car Insurance Rates

Have you had enough of wondering where the money will come from each month for insurance? You are no different than the majority of other consumers. There are many car insurance companies to insure vehicles with, and although it’s nice to be able to choose, more choices can make it harder to find a good deal.

You need to shop coverage around occasionally because insurance rates go up and down regularly. Even if you think you had the best deal for Mazda3 insurance on your last policy other companies may now be cheaper. You’ll find quite a bit of inaccurate information about insurance out there, but in this article, you’re going to get some great ways to put money back in your pocket.

Shopping for cheaper auto insurance is easy if you know what you’re doing. If you are insured now or are looking for a new policy, you can follow these tips to shop for the lowest rates while maximizing coverage. Consumers just need to understand the proper methods to get comparison rates on the web.

How to buy auto insurance online

Cutting your auto insurance rates is an easy way to save money. Consumers just need to invest a little time to get quotes online with multiple companies. This is very easy and can be done in a couple of different ways.

  1. Probably the best way consumers can analyze rates is to use a rate comparison form (click to open form in new window). This method prevents you from having to do a different quote for each company. One form will return price quotes instantly.
  2. A slightly less efficient method to obtain and compare quotes online requires a trip to each company’s website and go through the quote process again. For examples sake, let’s assume you want to see prices from Auto-Owners, Allstate and GEICO. You would need to take the time to go to each site and punch in your information repeatedly, which can get rather old. For a list of links to insurance companies in your area, click here.
  3. The most difficult method to compare price estimates is physically going to insurance agents’ offices. Quoting online has reduced the need for local agents unless your situation requires the professional advice of an agent trained in personal lines coverage. Although you can price shop online and have a local agent actually service the policy.

How you compare quotes is your choice, just ensure you’re using exactly the same coverages and limits for each quote you get. If the quotes have unequal deductibles or liability limits it’s impossible to decipher which rate is best.

More discounts mean cheap premiums

The cost of insuring your cars can be expensive, but you may be missing some discounts to help offset the cost. Some trigger automatically when you complete an application, but some may not be applied and must be manually applied prior to getting the savings.

  • Discounts for Safe Drivers – Safe drivers can pay as much as 50% less for Mazda3 insurance as compared to drivers with claims.
  • Student Discounts – Maintaining excellent grades can be rewarded with saving of up to 25%. You can use this discount normally until age 25.
  • Multi-car Discount – Drivers who insure several vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags may get savings of 25 to 30%.
  • Save over 55 – If you qualify as a senior citizen, you can get lower premium rates for Mazda3 insurance.
  • Drivers Ed for Students – It’s a good idea to have your young drivers sucessfully take a drivers education course if offered at their school.
  • Life Insurance – Select companies reward you with a discount if you purchase life insurance.
  • Paperless Signup – A few larger online companies provide a small discount for signing up over the internet.
  • Distant Student Discount – Youth drivers who live away from home at college and do not take a car to college could get you a discount.

You should keep in mind that most credits do not apply the the whole policy. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Large auto insurance companies and some of the discounts can be read below.

  • State Farm discounts include defensive driving training, accident-free, safe vehicle, good student, and passive restraint.
  • Farmers Insurance policyholders can earn discounts including distant student, bundle discounts, electronic funds transfer, good student, and early shopping.
  • Progressive has discounts for continuous coverage, online signing, good student, multi-policy, online quote discount, and homeowner.
  • GEICO may offer discounts for good student, daytime running lights, multi-vehicle, anti-lock brakes, and seat belt use.
  • Auto-Owners Insurance offers discounts including multi-policy, teen driver, anti-theft, safe vehicle, paid in full, and multiple vehicles.
  • The Hartford includes discounts for anti-theft, defensive driver, good student, driver training, vehicle fuel type, and air bag.
  • Farm Bureau has savings for youthful driver, 55 and retired, multi-policy, multi-vehicle, driver training, renewal discount, and safe driver.
  • USAA offers premium reductions for family discount, annual mileage, multi-policy, safe driver, new vehicle, and defensive driver.

It’s a good idea to ask every insurance company the best way to save money. All car insurance discounts may not apply to policyholders in your area.

Six factors that influence insurance premiums

Many different elements are part of the equation when you get your auto insurance bill. Some are obvious such as your driving history, although others are less apparent such as your marital status and annual miles driven.

The list below includes a few of the “ingredients” used by insurance companies to determine prices.

  • Don’t cancel your policy without a new one in place – Allowing your insurance coverage policy to lapse is a sure-fire way to drive up your policy premiums. In addition to paying higher premiums, getting caught without coverage could earn you fines or a revoked license.
  • Insurance companies don’t like frequent claims – Auto insurance companies give the lowest premiums to people who do not rely on their insurance for small claims. If you tend to file frequent claims, you can pretty much guarantee either policy cancellation or increased premiums. Insurance coverage is designed for claims that pose a financial burden.
  • Deter car thieves – Choosing a vehicle with advanced anti-theft systems can help bring down rates. Theft deterrent systems such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
  • Bad drivers pay high costs – Only having one citation can bump up the cost twenty percent or more. Drivers with clean records pay lower auto insurance prices compared to bad drivers. Drivers unfortunate enough to have multiple citations like hit and run, DWI or reckless driving convictions 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 keep their license.
  • Getting married can lower costs – Being married actually saves money when buying insurance coverage. Marriage generally demonstrates drivers are more mature than a single person and it’s proven that married drivers tend to file fewer claims.
  • Battle of the sexes – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that females are better drivers. Both genders get in accidents at about the same rate, but the men tend to have more serious accidents. Not only that, but men also receive more costly citations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure and are penalized with high insurance coverage rates.

It’s not one size fits all

When it comes to buying coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions might point out if your situation would benefit from an agent’s advice.

  • Which is better, split liability limits or combined limits?
  • Is my Mazda Mazda3 covered if I use it for business?
  • What can I do if my company won’t pay a claim?
  • Am I covered when delivering products for my home-based business?
  • Does my 2014 Mazda Mazda3 qualify for pleasure use?
  • Can my babysitter drive my car?
  • Will I be non-renewed for getting a DUI or other conviction?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Information about specific coverages

Understanding the coverages of car insurance can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on the average car insurance policy.

Liability coverage

This can cover damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as repair bills for other people’s vehicles, attorney fees and loss of income. How much coverage you buy is your choice, but consider buying higher limits if possible.

Comprehensive coverages

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a broken windshield, falling objects, hitting a bird and theft. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage protection

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

Collision insurance covers claims such as crashing into a ditch, sideswiping another vehicle, hitting a parking meter and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Coverage for medical payments

Med pay and PIP coverage pay for expenses for nursing services, X-ray expenses, hospital visits, pain medications and chiropractic care. They can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Mazda Mazda3.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Normally the UM/UIM limits are set the same as your liablity limits.

Find Good Coverage for Less

We just presented a lot of information how to reduce 2014 Mazda Mazda3 insurance car insurance rates online. The key thing to remember is the more providers you compare, the better chance you’ll have of finding low cost insurance coverage. Consumers may even find the lowest car insurance rates are with a smaller regional carrier. Some small companies often have lower premium rates on specific markets than their larger competitors like State Farm and Allstate.

Cheap 2014 Mazda Mazda3 insurance can be sourced both online and from local insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and most of the time these small, regional companies provide coverage only through independent agents.

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