Compare 2014 Mazda CX-5 Car Insurance Rates

Have you fallen victim to an overpriced auto insurance policy? Believe me when I say you’re not alone. Multiple car insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare insurers and uncover the absolute best rates possible.

Consumers need to compare rates yearly due to the fact that insurance rates are usually higher with each renewal. Even if you think you had the lowest price for CX-5 insurance a couple years back a different company probably has better rates today. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.

If you have insurance now or are just looking to switch companies, you can use these techniques to find better prices while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers just need to learn the proper way to compare rates online.

Free Auto Insurance Quotes

Reducing your 2014 Mazda CX-5 insurance rates can be quick and easy. Consumers just need to take time to compare rate quotes provided by online insurance companies. This is very easy and can be done in a couple of different ways.

  1. One of the best ways to get quotes for comparison would be an industry-wide quote request form click to view form in new window. This type of form saves time by eliminating boring form submissions for every auto insurance company. One form submission compares rates direct from many companies.
  2. A more time consuming way to get quotes online requires a visit to the website for every company you want to comare to complete a price quote. For examples sake, we’ll pretend you want to compare rates from Allstate, 21st Century and American Family. To find out each rate you need to go to every website and enter your policy data, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

  3. The hardest method to compare rates is to spend time driving to insurance agents’ offices. Shopping for auto insurance online eliminates the need for an insurance agent unless you require the professional guidance that only a license agent can provide. It is possible to compare the best prices online and get advice from an agent in your area and we’ll touch on that later.

Which method you use is up to you, but be sure to compare apples-to-apples coverages and limits with each company. If you use unequal deductibles or liability limits it will be impossible to truly determine the lowest rate.

Mazda CX-5 insurance rates consist of many parts

It’s important that you understand the factors that go into determining the rates you pay for insurance coverage. When you know what positively or negatively controls the rates you pay helps enable you to make changes that may reward you with better insurance coverage rates.

Listed below are a few of the “ingredients” that factor into rates.

  • Rates may be lower depending on your job – Occupations like lawyers, social workers and dentists have the highest average rates due to high stress and lots of time spent at work. Other jobs such as farmers, historians and the unemployed get better rates for CX-5 insurance.
  • Safe vehicles cost less to insure – Cars with high safety ratings tend to have better insurance rates. The safest vehicles have better occupant injury protection and fewer injuries translates into savings for insurance companies and lower rates for you. If your Mazda CX-5 has ratings of a minimum four stars on it may be receiving lower rates.
  • Never go without insurance – Allowing your coverage to lapse is a quick way to bump up your insurance coverage costs. And not only will your rates increase, but not being able to provide proof of insurance can result in a steep fine or even jail time.
  • Bump up deductibles to save – Deductibles for physical damage represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Physical damage coverage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Examples of covered claims are colliding with a building, vandalism, and windstorm damage. The more money you’re willing to pay, the less your company will charge you for insurance for CX-5 insurance.

More discounts equal less premium

Car insurance companies don’t necessarily list all their discounts in a way that’s easy to find, so we break down both the well known and the more hidden ways to save on insurance coverage. If you aren’t receiving every discount available, you are paying more than you should be.

  • Bundle and Save – When you have multiple policies with one insurance company you will save approximately 10% to 15%.
  • Low Mileage – Driving fewer miles can qualify you for a substantially lower rate.
  • Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for CX-5 insurance than less cautious drivers.
  • Save with a New Car – Insuring a new car can be considerably cheaper due to better safety requirements for new cars.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.

Drivers should understand that some of the credits will not apply to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. So when it seems like you could get a free insurance coverage policy, you’re out of luck.

Insurance companies who might offer these benefits are:

Check with every prospective company which discounts you may be entitled to. All car insurance discounts may not apply everywhere.

It’s not one size fits all

When buying the best insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so your insurance needs to address that. For example, these questions could help you determine whether you will benefit from professional help.

  • Do I need more liability coverage?
  • Why do I need rental car insurance?
  • Do I pay less for low miles?
  • Am I insured when driving a different vehicle?
  • Does my insurance cover my expensive audio equipment?
  • Does liability extend to a camper or trailer?
  • Does coverage extend to my business vehicle?
  • How does medical payments coverage work?

If it’s difficult to answer those questions, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Car insurance coverage considerations

Knowing the specifics of your car insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. These are typical coverages available from car insurance companies.

Liability coverage

Liability insurance provides protection from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as medical services, structural damage, emergency aid and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy higher limits if possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for ambulance fees, rehabilitation expenses, funeral costs, dental work and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from flooding, hitting a deer and falling objects. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2014 Mazda CX-5.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision insurance

This covers damage to your CX-5 caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

In Summary

We just covered many ways to reduce 2014 Mazda CX-5 insurance prices online. The key thing to remember is the more companies you get rates for, the higher the chance of saving money. Drivers may discover the best prices are with some of the smallest insurance companies. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate, GEICO and Progressive.

While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where someone dropped collision coverage to discover at claim time that it was a big error on their part. Your strategy should be to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

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