No one likes having to buy car insurance, especially knowing their premiums are through the roof. Drivers have so many insurers to choose from, and even though it’s nice to be able to choose, lots of choices makes it harder to compare rates and cut insurance costs.
Reducing your 2007 Mazda Mazda3 insurance rates is a fairly straight forward process. Consumers just need to take a few minutes to compare rate quotes from different insurance companies. This is very easy and can be done in a couple of different ways.
To view a list of companies in your area, click here.
However you get your quotes, make absolute certain that you use the exact same coverage limits and deductibles with each company. If your comparisons have higher or lower deductibles you can’t possibly decipher which rate is best.
Companies that sell car insurance do not advertise every available discount very clearly, so the following is a list of some of the more common and the harder-to-find ways to save on car insurance. If you’re not getting every credit available, you’re just leaving money on the table.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, companies wouldn’t make money that way.
A partial list of companies that possibly offer these discounts are:
It’s a good idea to ask all companies you are considering how you can save money. All car insurance discounts might not be offered in your state.
When choosing the best insurance coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation might need professional guidance.
If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It’s fast, free and may give you better protection.
Learning about specific coverages of auto insurance aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the usual coverages found on the average auto insurance policy.
Comprehensive protection – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like rock chips in glass, hitting a deer and theft. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Liability insurance – This coverage provides protection from damage that occurs to other people or property in an accident. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.
Liability coverage protects against things like emergency aid, attorney fees, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.
Collision coverage – Collision coverage covers damage to your Mazda3 caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision insurance covers things like colliding with another moving vehicle, backing into a parked car and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also raise the deductible to get cheaper collision coverage.
Uninsured or underinsured coverage – Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like ambulance fees, funeral costs, X-ray expenses, dental work and doctor visits. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage