2009 Mazda MX-5 Miata Car Insurance Rates – 6 Policy Discounts

Finding affordable auto insurance can seem to be hard for beginners to shopping for insurance online. You have so many companies to choose from that it can quickly become a real challenge to find lower rates.

If you are paying for car insurance now, you stand a good chance to be able to save some money using these tips. This article will introduce you to how car insurance quotes work and some tricks to saving. But drivers should learn the way companies price insurance differently because it can help you find the best coverage.

Comprehensive Car Insurance Comparison

There are a variety of methods you can shop for 2009 Mazda MX-5 Miata car insurance but some are less time-consuming than others. You could spend your day discussing policy coverages with insurance companies in your area, or you can utilize the internet to quickly compare rates.

All the larger companies belong to a marketplace where insurance shoppers submit their information once, and each participating company then returns a price quote. This saves time by eliminating quote requests to each individual car insurance company.

To enter your information into the quoting system, click here to start a free quote.

The single downside to using this type of form is you don’t know exactly the insurers to get quotes from. So if you want to choose specific providers to receive pricing from, we put together a list of the cheapest car insurance companies in your area. Click here to view list.

It’s up to you which method you use, but double check that you are using the exact same coverage limits and deductibles for every company. If you enter different deductibles it’s not possible to find the best deal for your Mazda MX-5 Miata. Quoting even small variations in coverages may result in large price differences. It’s important to know that more quotes will improve the odds of getting a better price.

Switch companies and save? Really?

Car insurance companies such as 21st Century, Allstate and State Farm regularly use ads in print and on television. They all seem to have a common claim that you can save if you move your coverage to them. But how can every company say the same thing? This is how they do it.

All the different companies can use profiling for the driver they prefer to insure. An example of a profitable customer might be between the ages of 40 and 55, has no prior claims, and drives less than 7,500 miles a year. A customer who fits that profile receives the best rates and as a result will probably cut their rates substantially.

Potential insureds who don’t meet this ideal profile will be quoted a higher premium and this can result in business not being written. Company advertisements say “people who switch” but not “drivers who get quotes” save that much money. That’s why companies can state the savings.

This emphasizes why drivers should get a wide range of price quotes. It’s not possible to predict which car insurance company will fit your personal profile best.

Don’t pay full price with these six discounts

Car insurance is not cheap, but you may find discounts that you may not know about. A few discounts will automatically apply when you purchase, but some must be inquired about before they will apply.

  • No Claims – Drivers who don’t have accidents pay less when compared to frequent claim filers.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on MX-5 Miata coverage with select insurance companies.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • College Student – Youth drivers who live away from home and don’t have a car may be able to be covered for less.
  • Seat Belts Save – Drivers who require all occupants to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same insurance policy can get a discount on all vehicles.

Consumers should know that most discount credits are not given to the entire cost. A few only apply to individual premiums such as comprehensive or collision. So when it seems like it’s possible to get free car insurance, you’re out of luck. But all discounts will cut the amount you have to pay.

For a list of insurers with discount insurance rates, click here.

Your personal situation dictates your coverage

When buying the best insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For instance, these questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Do I have any recourse if my insurance company denies a claim?
  • Does my liability insurance cover pulling a trailer or camper?
  • How high should deductibles be on a 2009 Mazda MX-5 Miata?
  • Am I covered when pulling a rental trailer?
  • Will my insurance pay for OEM parts?
  • Are rock chip repairs covered?
  • Which is better, split liability limits or combined limits?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Auto insurance 101

Learning about specific coverages of car insurance aids in choosing the best coverages for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Medical costs insurance – Med pay and PIP coverage kick in for short-term medical expenses such as X-ray expenses, dental work, EMT expenses, doctor visits and hospital visits. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like vandalism, hitting a bird and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – This coverage covers damage to your MX-5 Miata caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like scraping a guard rail, colliding with a tree, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Liability – This provides protection from injuries or damage you cause to other people or property. This coverage protects you from legal claims by others, and does not provide coverage for 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 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as pain and suffering, medical expenses, bail bonds, emergency aid and medical services. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Saving money makes a lot of cents

The cheapest 2009 Mazda MX-5 Miata insurance is possible both online and with local insurance agents, and you need to price shop both to have the best selection. Some companies do not offer online quoting and most of the time these small insurance companies sell through independent agents.

When you buy insurance online, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where an insured cut liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

We covered many tips how you can reduce insurance prices online. The key thing to remember is the more you quote, the better likelihood of reducing your rate. You may even discover the most savings is with some of the smallest insurance companies.

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