Save on 2015 Mazda Mazda5 Insurance Rates

Consumers have a choice when looking for the lowest priced Mazda Mazda5 insurance. They can either waste time driving around getting price quotes or use the internet to get rate quotes.

There is a right way and a wrong way to compare insurance coverage rates so you’re going to learn the absolute fastest way to get price quotes for a Mazda and find the best price possible.

Discounts are basically free money

Insuring your fleet can be pricey, but you may find discounts to reduce the price significantly. A few discounts will automatically apply at the time of purchase, but some may not be applied and must be manually applied in order for you to get them. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Seat Belt Usage – Requiring all passengers to wear their seat belts could save 15% off your medical payments premium.
  • Save with a New Car – Adding a new car to your policy can save up to 30% since new cars are generally safer.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Anti-theft Discount – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Drive Safe and Save – Insureds without accidents can pay as much as 50% less for Mazda5 insurance than drivers with accident claims.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts when compared with drivers who are more careless.
  • Braking Control Discount – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. Most only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky. Any qualifying discounts will help reduce your premiums.

Car insurance companies that may have these discounts are:

Double check with every prospective company which discounts they offer. Some discounts may not apply in your state.

Which insurance is the “right” coverage?

When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Each situation is unique.

For instance, these questions might point out whether or not you will benefit from professional help.

  • What is no-fault insurance?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Why am I required to get a high-risk car insurance policy?
  • How much underlying liability do I need for an umbrella policy?
  • Which is better, split liability limits or combined limits?
  • Should I have a commercial auto policy?
  • If I drive on a suspended license am I covered?
  • Why does it cost so much to insure a teen driver?
  • How do I file an SR-22 for a DUI in my state?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Slick advertising tricks that work

Drivers can’t get away from ads for cheaper car insurance from companies such as State Farm, Allstate and GEICO. All the companies make the same claim that you’ll save big if you move your policy.

How does each company say the same thing? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer they prefer to insure. A good example of a profitable customer could be over the age of 50, has no driving citations, and drives newer vehicles. A customer getting a price quote who matches those parameters is entitled to the best price and most likely will cut their rates substantially.

Potential insureds who don’t meet these standards will have to pay more money and ends up with business not being written. Company advertisements say “people who switch” not “people who quote” save that kind of money. That’s why insurance companies can confidently make those claims.

Because of the profiling, drivers must compare as many rates as you can. You cannot predict the company that will fit your personal profile best.

Insurance specifics

Understanding the coverages of your insurance policy helps when choosing the best coverages for your vehicles. Insurance terms can be confusing and reading a policy is terribly boring.

Comprehensive coverages

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, vandalism and rock chips in glass. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like nursing services, chiropractic care, ambulance fees and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

This coverage will pay to fix damage to your Mazda5 resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as crashing into a building, colliding with a tree, sideswiping another vehicle, driving through your garage door and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2015 Mazda Mazda5.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Coverage for liability

This will cover injuries or damage you cause to people or other property in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as medical expenses, bail bonds, medical services and funeral expenses. How much coverage you buy is your choice, but you should buy higher limits if possible.

A penny earned…

People leave their current company for a variety of reasons including poor customer service, high rates after DUI convictions, unfair underwriting practices or an unsatisfactory settlement offer. It doesn’t matter why you want to switch choosing a new insurance company can be easier than you think.

Cheaper 2015 Mazda Mazda5 insurance is available on the web in addition to many insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance companies do not provide the ability to get a quote online and these smaller companies work with independent agents.

We’ve covered many ways to shop for insurance online. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the biggest savings come from some of the lesser-known companies.

More tips and info about car insurance can be found by following these links: