2013 Mazda Mazdaspeed3 Insurance Rates – 10 Savings Tips

Looking for the cheapest auto insurance rates for your Mazda Mazdaspeed3? Are you tired of paying out the nose each month for car insurance? You are no different than millions of other consumers.

You have multiple car insurance companies to buy insurance from, and even though it’s nice to have multiple companies, it can be more difficult to locate the cheapest rates.

Cut prices on 2013 Mazda Mazdaspeed3 insurance

Insuring your fleet can be pricey, but you can get discounts to cut the cost considerably. Most are applied when you purchase, but some may not be applied and must be asked about before you get the savings.

  • Passive Restraints and Air Bags – Factory air bags or motorized seat belts may earn rate discounts of 20% or more.
  • Drive Less and Save – Keeping the miles down on your Mazda could qualify for better rates on cars that stay parked.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less on Mazdaspeed3 insurance than drivers with accidents.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Drivers Education – Require your teen driver to successfully complete driver’s ed class in high school.
  • Clubs and Organizations – Belonging to a professional or civic organization may earn a discount when buying auto insurance on Mazdaspeed3 insurance.
  • Defensive Driving Course – Successfully completing a defensive driving course can save you 5% or more and easily recoup the cost of the course.
  • 55 and Retired – Older drivers can possibly qualify for better auto insurance rates on Mazdaspeed3 insurance.

It’s important to understand that most credits do not apply to your bottom line cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous. But any discount will help reduce your overall premium however.

For a list of providers with the best auto insurance discounts, click here.

Can you really save that much by switching?

Companies like GEICO, State Farm and Progressive constantly bombard you with ads on television and other media. All the ads have a common claim of big savings if you switch your policy. But how can every company claim to save you money?

All companies can use profiling for the type of driver they prefer to insure. For example, a profitable customer might be profiled as a mature driver, is a homeowner, and has great credit. A driver who matches those parameters is entitled to the best price and most likely will save when they switch companies.

Potential customers who don’t measure up to these standards will be charged higher rates which leads to the customer not buying. The ad wording is “customers who switch” not “everybody who quotes” save that much. This is how companies can truthfully make those claims.

That is why it is so important to get as many quotes as possible. It is impossible to predict which insurance companies will have the lowest Mazda Mazdaspeed3 insurance rates.

Tailor your coverage to you

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different and your policy should reflect that. For example, these questions may help you determine if your situation could use an agent’s help.

  • Do I have coverage when using my vehicle for my home business?
  • Does my policy pay for OEM or aftermarket parts?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I have coverage when pulling a U-Haul trailer?
  • How do I buy GAP insurance?
  • Is a fancy paint job covered?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Auto insurance 101

Learning about specific coverages of a auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are the usual coverages offered by auto insurance companies.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Mazda Mazdaspeed3.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Liability auto insurance

Liability coverage will cover damage that occurs to people or other property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like repair costs for stationary objects, legal defense fees, attorney fees, court costs and structural damage. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision protection

Collision insurance will pay to fix damage to your Mazdaspeed3 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a building, backing into a parked car, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Comprehensive coverages

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as fire damage, hitting a deer, hail damage, vandalism and a broken windshield. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for surgery, dental work, rehabilitation expenses, X-ray expenses and pain medications. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Do the work, save more money

When shopping online for insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. There are a lot of situations where someone sacrificed physical damage coverage only to discover later that they should have had better coverage. Your goal should be to find the BEST coverage for the lowest price while still protecting your assets.

Cheaper 2013 Mazda Mazdaspeed3 insurance can be purchased from both online companies and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer online quoting and usually these small, regional companies provide coverage only through local independent agents.

We’ve covered many tips how you can lower your insurance rates. The key concept to understand is the more you quote, the better your comparison will be. Drivers may discover the lowest rates come from an unexpected company. Some small companies can often provide lower rates in certain areas than their larger competitors like Allstate or State Farm.

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