Want better auto insurance rates for your Mazda MX-5 Miata? Trying to find better insurance prices for a new or used Mazda MX-5 Miata could be a lot of work, but you can follow these tips to make it easier. There is a right way and a wrong way to compare auto insurance rates and you need to know the proper way to get price quotes for a Mazda and locate the best price possible.
Auto insurance companies don’t always list every discount very well, so we took the time to find both the well known and the harder-to-find discounts you could be receiving. If you don’t get every credit possible, you’re paying more than you need to.
As a disclaimer on discounts, many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way.
A partial list of companies who might offer these money-saving discounts include:
It’s a good idea to ask each company how you can save money. Savings might not apply in every state.
Getting better 2014 Mazda MX-5 Miata insurance pricing can be surprisingly simple. The only requirement is to invest a few minutes to compare quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.
For a list of links to insurance companies in your area, click here.
Whichever method you choose, be sure to compare exactly the same coverage limits and deductibles with each company. If you have mixed coverages it will be impossible to make an equal comparison.
It’s important that you understand the rating factors that go into determining car insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that will entitle you to lower car insurance prices.
When it comes to buying the best auto insurance coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s.
Here are some questions about coverages that may help you determine if your situation will benefit from professional help.
If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.
Consumers get pounded daily by advertisements that promise big savings by Allstate and Progressive. They all seem to make an identical promise that you can save if you move to their company.
But how can every company claim to save you money?
All companies have a preferred profile for the right customer that is profitable for them. For instance, a desirable insured could possibly be between 30 and 50, owns a home, and drives newer vehicles. A driver that hits that “sweet spot” gets the lowest rates and most likely will save when they switch companies.
Consumers who are not a match for the requirements will be quoted higher rates which leads to business not being written. The ads say “customers that switch” but not “drivers who get quotes” save money. That is how companies can claim big savings. This emphasizes why drivers should compare as many rates as you can. It is impossible to predict which company will give you the biggest savings on Mazda MX-5 Miata insurance.
Understanding the coverages of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Mazda MX-5 Miata.
Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
Collision – Collision insurance will pay to fix damage to your MX-5 Miata resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision coverage pays for things like rolling your car, sustaining damage from a pot hole and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.
Liability coverage – This coverage provides protection from damage that occurs to a person or their property that is your fault. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 which stand for $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 pain and suffering, bail bonds and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.
Insurance for medical payments – Coverage for medical payments and/or PIP pay for expenses for hospital visits, surgery, funeral costs and ambulance fees. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision) – This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like fire damage, hitting a bird, a broken windshield, hail damage and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
We’ve covered a lot of tips how to lower your 2014 Mazda MX-5 Miata insurance rates. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the best prices are with the least-expected company.
While you’re price shopping online, don’t be tempted to sacrifice coverage to reduce premiums. In many instances, an insured dropped uninsured motorist or liability limits to discover at claim time that they should have had better coverage. Your goal should be to purchase a proper amount of coverage at the best price.
The cheapest insurance can be bought online in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money. Some companies do not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.