2011 Mazda CX-7 Insurance Cost

Searching for lower insurance coverage rates for your Mazda CX-7? Feel like you’re a prisoner to high-priced insurance coverage? Trust us, you are not the only one feeling buyer’s remorse. There is such a variety of insurers to buy insurance from, and although it’s nice to have a choice, it makes it harder to find the best rates.

It’s a good idea to do rate comparisons on a regular basis since rates change frequently. Just because you found the best price for CX-7 insurance a few years ago you can probably find a better price now. You can find a lot of wrong information about insurance coverage online but with this article, you’re going to get some tested techniques to quit paying high insurance coverage rates.

Save on Mazda CX-7 insurance

Insuring your vehicles can cost a lot, buy you may qualify for discounts to help offset the cost. Some trigger automatically when you quote, but some must be specially asked for before they will apply. If you’re not getting every credit you deserve, you are throwing money away.

  • Payment Method – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
  • Discount for Life Insurance – Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • College Student – Any of your kids who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • No Claims – Good drivers with no accidents pay less as compared to drivers who are more careless.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • New Vehicle Savings – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less for CX-7 insurance than drivers with accidents.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.

It’s important to understand that some of the credits will not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability and collision coverage. Just because you may think you would end up receiving a 100% discount, you’re out of luck. But any discount will help reduce the amount you have to pay.

For a list of companies offering car insurance discounts, follow this link.

Auto Insurance Comparisons

Getting better 2011 Mazda CX-7 auto insurance pricing isn’t really that difficult. You just need to take the time to compare quotes online from several insurance companies. It is quite easy and can be accomplished using a couple different methods.

  • The recommended way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This form prevents you from having to do boring form submissions for every auto insurance company. Filling out one form gets rate comparisons from all major companies.
  • A harder way to analyze rates is spending the time to visit each company’s website to complete a price quote. For instance, we’ll assume you want comparison quotes from USAA, Liberty Mutual and GEICO. To find out each rate you need to spend time on each company’s site to enter your coverage information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
  • The least recommended way of comparing rate quotes is driving to different agent offices. Shopping for auto insurance online has reduced the need for local agents unless you require the professional advice only provided by licensed agents. You can, however, price shop your coverage online but still have the advice of a local agent and we’ll cover that in a bit.

It’s up to you how you get prices quotes, just make darn sure you compare the exact same quote information with every price quote. If you compare unequal deductibles or liability limits you can’t possibly decipher which rate is best.

These factors can influence Mazda CX-7 insurance rates

It’s important that you understand some of the elements that play a part in calculating car insurance rates. Knowing what controls the rates you pay enables informed choices that can help you get big savings.

  • Add-on coverages can add up – There are a lot of additional coverages that you can get tricked into buying on your 2011 CX-7 policy. Things like vanishing deductibles, accidental death and additional equipment coverage may be wasting your money. They may seem good at first, but now you might not need them so remove them from your policy.
  • Do you work long hours in a high stress job? – Jobs such as real estate brokers, social workers and financial analysts tend to have higher average rates due to high stress levels and lengthy work days. Conversely, jobs such as pilots, engineers and retirees receive lower rates for CX-7 insurance.
  • Low deductibles can be expensive – Your deductibles define the amount you are willing to pay out-of-pocket before your car insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. The more expense you have to pay, the bigger discount you will receive for CX-7 insurance.
  • Drive less and save money – The more miles you rack up on your Mazda in a year’s time the more you will pay for car insurance. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Cars not used for work or commuting qualify for better rates than vehicles that are driven to work every day. An improperly rated CX-7 may be wasting your money. Ask your agent if your car insurance policy is rated on how each vehicle is driven.
  • Where you live can impact rates – Choosing to live in a rural area can save you money when insuring your vehicles. Lower population means reduced accidents. Drivers in populated areas regularly have traffic congestion and much longer commute distances. Higher commute times can result in more accidents.
  • Do you qualify for a multi-policy discount? – The majority of insurance companies give discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. This can amount to 10 percent or more. Even though this discount sounds good, you may still want to shop around to make sure you are getting the best deal. Consumers may find a better deal by buying insurance from more than one company.

Tailor your coverage to you

When it comes to buying adequate coverage, there is no “best” method to buy coverage. 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 may help you determine if your situation will benefit from professional help.

  • Is motorclub coverage worth it?
  • What is the ISO rating for a 2011 Mazda CX-7?
  • Does my policy pay for OEM or aftermarket parts?
  • Does car insurance cover theft of personal property?
  • Am I covered if I wreck a rental car?
  • What are the financial responsibility laws in my state?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Advertising myths

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of Allstate and Progressive. They all say the same thing about savings after switching your coverage to them.

But how can every company make almost identical claims?

All companies are able to cherry pick for the driver they prefer to insure. A good example of a preferred risk might be over the age of 50, has no driving citations, and has great credit. A customer that hits that “sweet spot” will qualify for the lowest rates and therefore will save when switching.

Drivers who don’t measure up to these standards will be charged a more expensive rate which usually ends up with business not being written. The ads state “customers who switch” not “everyone that quotes” save that much. That’s the way companies can claim big savings.

That is why drivers should quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest Mazda CX-7 insurance rates.

Auto insurance 101

Knowing the specifics of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages available from car insurance companies.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from getting keyed, rock chips in glass, hitting a deer 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 the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Med pay and PIP coverage kick in for expenses like funeral costs, rehabilitation expenses and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2011 Mazda CX-7.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Collision insurance

This covers damage to your CX-7 from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as damaging your car on a curb, hitting a mailbox, hitting a parking meter, scraping a guard rail and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Liability car insurance

Liability coverage will cover damages or injuries you inflict on a person or their property. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as bail bonds, medical services and emergency aid. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Find Good Coverage for Less

We covered quite a bit of information on how to compare 2011 Mazda CX-7 insurance prices online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may even discover the best price on car insurance is with an unexpected company. They can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.

Affordable insurance can be sourced on the web and also from your neighborhood agents, and you need to price shop both to get a complete price analysis. Some insurance providers may not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

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