How Much Does 1992 Mazda 626 Car Insurance Cost?

I really doubt anyone looks forward to paying for car insurance, particularly when they are paying too much. Companies like Allstate and Progressive constantly bombard you with ad campaigns and it is difficult to sift through the bull and do the work needed to find the best deal.

How to shop insurance coverage online

Cutting your insurance coverage rates is pretty simple and can save money. The only requirement is to take time comparing free insurance coverage quotes to discover which company has cheaper insurance coverage quotes. It’s really simple and can be done in several different ways.

  • If you are pressed for time, the simplest way to compare a lot of rates at once would be an industry-wide quote request form like this one (opens in new window). This style of form saves time by eliminating repetitive form submissions for each company. One simple form gets prices estimates from multiple companies.
  • A less efficient way to shop for insurance coverage online is going to the website for every company you want to comare and go through the quote process again. For instance, let’s say you want to compare prices for Liberty Mutual, Farmers and Geico. In order to get each rate, you would have to go to every website to enter your coverage information, which can get rather old.

    For a list of companies in your area, click here.

It’s up to you which method you use, but try to use apples-to-apples coverage limits and deductibles with every price quote. If each company quotes unequal deductibles or liability limits you will not be able to make an equal comparison.

The insurance coverage bait and switch

Consumers constantly see and hear ads that claim the cheapest car insurance rates by State Farm, Geico and Progressive. They all seem to have a common claim of big savings if you move to their company.

How is it plausible that every one can claim to save you money? It’s all in the numbers.

Most companies offer their best rates for the type of insured that will add to their bottom line. For instance, this type of insured should be a mature driver, has no driving citations, and drives a safe vehicle. A propective insured who meets those qualifications will get low prices and most likely will cut their rates if they switch.

Insureds who may not quite match the ideal profile may be required to pay higher prices with the end result being the customer not buying. The trick companies use is to say “people that switch” not “everyone that quotes” save that kind of money. That’s the way companies can truthfully claim big savings. That is why you really should compare price quotes frequently. It is impossible to guess which insurance companies will have the best prices.

Discount auto insurance rates

Some companies don’t list every disount available very clearly, so the list below contains a few of the more common and also the more inconspicuous credits that you can use to lower your rates.

  • Accident Forgiveness – Not really a discount, but some insurance companies will let one accident slide before hitting you with a surcharge with the catch being you have to be claim-free for a specific time period.
  • Discounts for New Vehicles – Buying insurance coverage on a new vehicle can cost up to 25% less because newer models are generally safer.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Drive Safe and Save – Insureds who avoid accidents could pay up to 40% less on 626 insurance compared to accident prone drivers.
  • Homeowners Discount – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Smart Student Discounts – Performing well in school can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • Student in College – Any of your kids who live away from home to go to college and leave their car at home could get you a discount.
  • Include Life Insurance and Save – Not all insurance companies offer life insurance, but some may give you better rates if you take out some life insurance too.
  • ABS Braking Discount – Cars, trucks, and SUVs that have anti-lock braking systems can reduce accidents and the ABS can save up to 10%.
  • Paper-free Discount – A handful of auto insurance companies give back up to $50 just for signing your application online.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the overall cost of the policy. Some only apply to individual premiums such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, it’s just not the way it works.

A few of the larger companies and some of their more popular discounts can be found below.

  • State Farm has discounts for accident-free, passive restraint, good driver, multiple autos, Steer Clear safe driver discount, safe vehicle, and Drive Safe & Save.
  • Farmers Insurance may offer discounts for bundle discounts, switch companies, youthful driver, homeowner, distant student, good student, and business and professional.
  • Geico offers discounts including anti-lock brakes, military active duty, five-year accident-free, defensive driver, emergency military deployment, and membership and employees.
  • American Family has savings for accident-free, TimeAway discount, good student, multi-vehicle, early bird, and defensive driver.
  • Nationwide includes discounts for defensive driving, good student, easy pay, accident-free, and business or organization.
  • Progressive discounts include online signing, continuous coverage, homeowner, good student, and online quote discount.

If you need low cost insurance coverage quotes, ask all the companies how you can save money. Some of the discounts discussed earlier may not be offered in your area.

Tailor your auto insurance coverage to you

When choosing the best auto insurance coverage, there is no single plan that fits everyone. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether your personal situation will benefit from professional help.

  • Is my ex-spouse still covered by my policy?
  • Do I need special endorsements for business use of my vehicle?
  • Should I buy more coverage than the required minimum liability coverage?
  • What is the ISO rating for a 1992 Mazda 626?
  • Can I drive in Mexico and have coverage?
  • Who is covered when they drive my 1992 Mazda 626?
  • Does my policy pay for OEM or aftermarket parts?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.

Car insurance coverage information

Learning about specific coverages of insurance aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages found on the average insurance policy.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Mazda 626.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Comprehensive coverages

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, damage from a tornado or hurricane, vandalism and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto collision coverage

Collision coverage covers damage to your 626 resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sideswiping another vehicle, crashing into a building, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses for ambulance fees, nursing services, EMT expenses, chiropractic care and doctor visits. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Liability

This will cover damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle 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. You commonly see values of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things such as bail bonds, emergency aid and pain and suffering. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

More effort can pay off

Some insurance providers may not offer the ability to get a quote online regional carriers sell through independent insurance agencies. More affordable car insurance is available from both online companies in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money.

In this article, we covered many ways to compare 1992 Mazda 626 insurance auto insurance rates online. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Drivers may discover the lowest auto insurance rates are with an unexpected company. These companies may only write in your state and offer lower premium rates than the large multi-state companies such as State Farm and Allstate.

Helpful resources