Compare 1998 Mazda 626 Car Insurance Cost

Searching for lower car insurance rates for your Mazda 626? Feel like you’re a prisoner to overpriced car insurance? Trust us when we tell you you are not the only one feeling buyer’s remorse. Big-name insurance companies like Progressive, State Farm and GEICO promote their brand names with catchy ads and consumers find it hard to see through the cute green geckos and mayhem and find the best price available.

You should make it a habit to take a look at other company’s rates quite often since insurance rates fluctuate regularly. Even if you think you had the best rates on 626 insurance a year ago the chances are good that you can find a lower rate today. So just block out anything you think you know about car insurance because you’re going to get a crash course in the best way to find lower rates on car insurance.

The quickest method we recommend to get policy rate comparisons is to realize car insurance companies provide online access to compare their rates. The only thing you need to do is give the companies some data including your general credit rating, whether or not you need a SR-22, if you have a valid license, and how you use your vehicles. Your details is instantly submitted to multiple insurance providers and you receive quotes instantly.

These discounts can slash car insurance rates

Car insurance companies do not list every available discount very clearly, so we took the time to find both the well known as well as the least known car insurance savings. If you’re not getting every credit available, you are paying more than you should be.

  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Service Members Pay Less – Having a family member in the military can result in better rates.
  • Save over 55 – If you’re over the age of 55, you may qualify for reduced rates on 626 insurance.
  • Passive Restraints and Air Bags – Cars that have air bags can receive discounts of more than 20%.
  • Safe Driver Discount – Safe drivers may save up to 50% more on 626 insurance than their less cautious counterparts.
  • Low Mileage – Fewer annual miles on your Mazda can qualify you for lower rates on the low mileage vehicles.
  • Life Insurance Discount – Some companies give a break if you buy auto and life insurance together.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Most only cut specific coverage prices like collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

A partial list of companies that may have these money-saving discounts include:

It’s a good idea to ask each company how you can save money. Some discounts might not apply in every state.

When might I need the advice of an agent?

When choosing adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions may help highlight whether you might need professional guidance.

  • Is my state a no-fault state?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I really need UM/UIM coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Should I have a commercial auto policy?
  • Am I covered if I drive in a foreign country?
  • Am I covered if I hit a deer?
  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered when using my vehicle for business?

If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.

These factors can influence what you pay for Mazda 626 insurance

An important part of buying insurance is that you know the factors that go into determining the price you pay for insurance coverage. Having a good understanding of what impacts premium levels allows you to make educated decisions that can help you get much lower annual insurance costs.

Listed below are some of the items companies use to determine your rates.

  • Pleasure use or commuting – The higher the mileage driven every year the more you’ll pay to insure your vehicle. The majority of insurers apply a rate determined by how the vehicle is used. Vehicles that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Verify your insurance coverage declarations sheet properly reflects the correct usage for each vehicle. Incorrect usage on your 626 can result in significantly higher rates.
  • How your age affects price – Mature drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets. Young drivers are known to be careless and easily distracted in a vehicle and because of this, their insurance coverage rates are much higher.
  • High deductibles save money – Physical damage deductibles define the amount you are willing to pay if you file a covered claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply are running into the backend of another car, collision with an animal, and rolling your vehicle. The more money you are required to pay out-of-pocket, the bigger discount you will receive on 626 insurance.
  • Your occupation can affect rates – Did you know your occupation can influence how much you pay for insurance coverage? Jobs such as lawyers, executives and accountants have higher rates than average attributed to high stress levels and lots of time spent at work. On the flip side, jobs such as pilots, athletes and homemakers get better rates on 626 insurance.
  • Optional equipment can affect rates – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
  • High numbers of claims are not good – If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance companies provide cheaper rates to drivers who file claims infrequently. Auto insurance is intended for the large, substantial claims.

Coverages available on your car insurance policy

Having a good grasp of a car insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average car insurance policy.

Uninsured or underinsured coverage

This coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mazda 626.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for expenses like prosthetic devices, hospital visits and pain medications. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Liability coverage

Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which stand for 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 claims like emergency aid, court costs, pain and suffering and legal defense fees. How much liability coverage do you need? That is up to you, but you should buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from 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 protects against things like hitting a deer, damage from getting keyed, vandalism, damage from a tornado or hurricane and a broken windshield. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage

Collision insurance covers damage to your 626 from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as sustaining damage from a pot hole, hitting a mailbox, damaging your car on a curb, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider dropping it from older vehicles. You can also bump up the deductible to bring the cost down.

Shop around and save

When shopping online for car insurance, do not reduce coverage to reduce premium. In many cases, drivers have reduced uninsured motorist or liability limits only to discover later that they should have had better coverage. Your aim should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

In this article, we presented a lot of information how to save on 1998 Mazda 626 insurance. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest priced car insurance comes from the least-expected company. These companies often have lower prices on specific markets compared to the large companies like State Farm and Allstate.

Lower-priced insurance can be bought online and with local insurance agents, and you need to price shop both to get a complete price analysis. Some car insurance companies do not offer online quoting and these smaller companies work with independent agents.

Much more information about car insurance is available at the links below