Cheap 2004 Mazda Mazdaspeed MX-5 Miata Car Insurance Quotes

Looking for better insurance coverage rates for your Mazda Mazdaspeed MX-5 Miata? Having to pay for overpriced insurance coverage can drain your personal savings and make it hard to pay other bills. Comparing price quotes is a great way to tighten up your finances.

Big companies like State Farm, Allstate, GEICO and Progressive all claim big savings, bombarding you with advertising and consumers find it hard to ignore the flying pigs and cute green geckos and find the best price available.

More discounts equal less premium

Companies don’t always list all their discounts very clearly, so we researched some of the best known and the harder-to-find car insurance savings.

  • Life Insurance – Larger companies have a discount if you purchase life insurance from them.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Driver’s Ed – Have your child take driver’s ed class if it’s offered in school.
  • Discount for Swiching Early – Select companies give a discount for switching to them prior to your current policy expiration. The savings is around 10%.
  • Homeowners Pay Less – Simply owning a home can help you save on car insurance because maintaining a house is proof that your finances are in order.
  • Organization Discounts – Being a member of a professional or civic organization could qualify you for a break on car insurance for Mazdaspeed MX-5 Miata insurance.
  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more for Mazdaspeed MX-5 Miata insurance than their less cautious counterparts.
  • Low Mileage – Low mileage vehicles could qualify for a substantially lower rate.
  • Federal Government Employee – Active or retired federal employment can save as much as 8% for Mazdaspeed MX-5 Miata insurance with certain companies.

Consumers should know that most discounts do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, you’re out of luck.

Car insurance companies that possibly offer these discounts are:

It’s a good idea to ask each company how you can save money. Discounts may not apply in your area.

It’s not one size fits all

When it comes to buying the best car insurance coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions might point out if your insurance needs might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • What discounts do I qualify for?
  • How can I force my company to pay a claim?
  • Is a new car covered when I drive it off the dealer lot?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • How much liability do I need to cover my assets?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Auto insurance coverages 101

Having a good grasp of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average auto insurance policy.

Comprehensive (Other than Collision) – This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like theft, damage from a tornado or hurricane, a broken windshield, falling objects and damage from getting keyed. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your 2004 Mazda Mazdaspeed MX-5 Miata.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Liability coverages – This provides protection from damages or injuries you inflict on other people or property. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things such as structural damage, loss of income, legal defense fees and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for bills for things like funeral costs, EMT expenses, ambulance fees, X-ray expenses and doctor visits. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like crashing into a building, backing into a parked car, damaging your car on a curb and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

The bottom line

Discount 2004 Mazda Mazdaspeed MX-5 Miata insurance is possible both online as well as from independent agents, so you should compare both so you have a total pricing picture. Some companies don’t offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

We just presented a lot of ways to get a better price on insurance. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. Drivers may discover the lowest priced auto insurance comes from a lesser-known regional company. Smaller companies may have significantly lower rates on certain market segments compared to the large companies like Allstate and Progressive.

Much more information about auto insurance is available at these links: