1994 Mazda 626 Car Insurance Quotes – 8 Ideas for Cheaper Rates

Want lower auto insurance rates for your Mazda 626? Did you fall for a flashy sales pitch and buy high-priced auto insurance? Believe me when I say there are lots of people in the same boat. Multiple auto insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to discover the definitive lowest cost out there.

Comprehensive Insurance Comparison

Comparing insurance rates can be challenging if you aren’t aware of the easiest way. You could spend the better part of a day driving to local insurance agents in your area, or you can stay home and use online quoting to get the quickest rates.

Many companies take part in a program that allows shoppers to submit their information once, and at least one company then gives them pricing determined by their information. This system prevents you from having to do quotation requests for each company you want a rate for.

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The single downside to using this type of system is that you can’t choose the companies you want pricing from. So if you want to select specific insurance companies to receive pricing from, we have a listing of low cost insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just be sure to compare identical quote information for every quote you compare. If you use different deductibles it will be next to impossible to make an equal comparison.

Save with discounts on 1994 Mazda 626 insurance

Companies do not advertise every discount in an easy-to-find place, so we researched some of the best known as well as the least known discounts you could be receiving. If they aren’t giving you every credit available, you are paying more than you should be.

  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less for 626 coverage than drivers with accident claims.
  • Low Mileage Discounts – Driving fewer miles could qualify for better rates on cars that stay parked.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you may save 10% to 20% off each policy.
  • Paperwork-free – Certain companies will discount your bill up to fifty bucks just for signing your application on their website.
  • College Student – Any of your kids who are attending college without a vehicle on campus can receive lower rates.
  • Save with a New Car – Insuring a new car can save up to 30% since new cars are generally safer.
  • Save over 55 – If you’re over the age of 55, you may receive reduced rates for 626 coverage.
  • Club Memberships – Belonging to a qualifying organization is a good way to get lower rates on insurance for 626 coverage.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. So when it seems like you can get free auto insurance, it doesn’t quite work that way.

Car insurance companies that may have these discounts include:

It’s a good idea to ask each company what discounts are available to you. Some discounts might not be offered everywhere.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might point out whether your personal situation will benefit from professional help.

  • What if I total my 1994 Mazda 626 and owe more than it’s worth?
  • Should I have combined single limit or split liability limits?
  • Is rental equipment covered for theft or damage?
  • Am I covered when pulling a rental trailer?
  • Is my teenager covered with friends in the car?
  • Do I have coverage when making deliveries for my home business?
  • Why do I need rental car insurance?
  • How high should my uninsured/underinsured coverage be in my state?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

The insurance bait and switch

Drivers get pounded daily by advertisements that promise big savings from the likes of Progressive, GEICO, Allstate and State Farm. All the companies have a common claim of big savings if you change your coverage to them.

But how can every company say the same thing? This is how they do it.

All the different companies have a certain “appetite” for the driver that earns them a profit. An example of a preferred risk could be between the ages of 40 and 55, has no tickets, and drives newer vehicles. A customer who meets those qualifications receives the best rates and is almost guaranteed to save a lot of money.

Drivers who don’t meet the “perfect” profile must pay more money and this can result in business not being written. The ads state “customers who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully state the savings. This illustrates why drivers must compare many company’s rates. It is impossible to predict which company will have the lowest Mazda 626 insurance rates.

Auto insurance policy coverages for a Mazda 626

Having a good grasp of auto insurance helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types offered by auto insurance companies.

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since 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 should not be overlooked.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from getting keyed, falling objects and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage

Liability coverage will cover damage that occurs to other people or property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like attorney fees, medical services and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Collision insurance

Collision coverage pays for damage to your 626 resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as damaging your car on a curb, colliding with another moving vehicle, colliding with a tree, rolling your car and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also raise the deductible to bring the cost down.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like chiropractic care, nursing services, hospital visits, pain medications and surgery. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Knowledge is power

As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced liability coverage limits and discovered at claim time that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage at a price you can afford.

You just read quite a bit of information on how to shop for 1994 Mazda 626 insurance online. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may even discover the lowest priced insurance coverage comes from a lesser-known regional company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate or State Farm.

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