2004 Mazda MX-5 Miata Insurance Quotes – 5 Ways to Save

Shoppers have options when shopping for affordable Mazda MX-5 Miata insurance. They can either spend hours driving around trying to get quotes or leverage the internet to make rate comparisons.

There are more efficient ways to buy auto insurance and we’ll show you the absolute fastest way to compare rates for a new or used Mazda and get the lowest price from both online companies and local agents.

Consumers need to get comparison quotes periodically because insurance prices change regularly. Just because you had the best deal on MX-5 Miata insurance two years ago the chances are good that you can find a lower rate quote today. There is too much inaccurate information about auto insurance online but you can learn some great ways to find affordable auto insurance.

Cheaper rates by taking advantage of these five discounts

Car insurance is not cheap, but you may find discounts to help offset the cost. Certain discounts will be applied at the time of quoting, but less common discounts must be specifically requested before you will receive the discount. If you do not check that you are getting every discount available, you’re just leaving money on the table.

  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts may get savings of 25 to 30%.
  • No Charge for an Accident – but certain companies will let one accident slide before they charge you more for coverage as long as you don’t have any claims for a particular time prior to the accident.
  • Federal Government Employee – Active or retired federal employment could provide a small rate reduction on MX-5 Miata insurance with certain companies.
  • Low Mileage – Driving fewer miles may enable drivers to earn substantially lower premium rates.
  • Early Switch Discount – A few insurance coverage companies offer discounts for switching policies before your current coverage expires. The savings is around 10%.

Just know that many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like medical payments or collision. So when it seems like you could get a free insurance coverage policy, it just doesn’t work that way.

A few popular companies and some of their more popular discounts include:

  • State Farm includes discounts for multiple policy, driver’s education, defensive driving training, Steer Clear safe driver discount, Drive Safe & Save, student away at school, and accident-free.
  • Geico offers discounts including five-year accident-free, anti-theft, multi-vehicle, military active duty, and federal employee.
  • Allstate discounts include economy car, passive restraint, good payer, safe driver, and auto/life discount.
  • SAFECO has savings for teen safe driver, drive less, accident prevention training, multi-car, and safe driver.
  • Farm Bureau has discounts for 55 and retired, multi-policy, good student, safe driver, and driver training.
  • Progressive offers discounts for continuous coverage, online quote discount, multi-vehicle, multi-policy, good student, online signing, and homeowner.
  • AAA may offer discounts for pay-in-full, good driver, multi-policy, multi-car, anti-theft, education and occupation, and AAA membership discount.

It’s a good idea to ask every prospective company which discounts can lower your rates. Discounts might not apply in your area. To see a list of insurance coverage companies that offer some of these discounts, click here to view.

The quickest method we recommend to get policy rate comparisons utilizes the fact car insurance companies pay for the opportunity to give you rate quotes. The only thing you need to do is spend a couple of minutes providing details like how old drivers are, how much you drive, your education level, and any included safety features. The data is submitted instantly to all major companies and you should receive rate quotes within a short period of time.

To get price quotes for your 2004 Mazda MX-5 Miata now, click here then complete the form.

How much car insurance do I need?

When it comes to choosing the best car insurance coverage for your vehicles, there is no cookie cutter policy. Every insured’s situation is different.

These are some specific questions may help you determine if your situation would benefit from professional advice.

  • How can I get my company to pay me more for my totalled car?
  • When does my teenage driver need to be added to my policy?
  • When would I need additional glass coverage?
  • Is pleasure use cheaper than using my 2004 Mazda MX-5 Miata to commute?
  • Should I drop comprehensive coverage on older vehicles?
  • Are all vehicle passengers covered by medical payments coverage?
  • How much liability insurance is required?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and can help protect your family.

Is there deception in advertising?

Consumers can’t get away from ads for car insurance savings from the likes of Allstate, Geico and Progressive. All the ads convey the message about savings if you move your policy.

Is it even possible that every company can make almost identical claims? This is how they do it.

Insurance providers give the cheapest rates for a prospective insured that earns them the most money. An example of a driver they prefer may be over age 30, has few claims, and drives newer vehicles. A customer who fits those characteristics will probably get cheap premium rates and will cut their rates if they switch.

Drivers who may not quite match this stringent profile may be forced to pay a more expensive rate which translates to the driver buying from a lower-cost company. The wording the ads use say “drivers that switch” not “everyone that quotes” save money. This is how insurance companies can confidently make those statements.

Because of the profiling, it is so important to do a rate comparison at every renewal. You cannot predict which company will give you lower prices than your current company.

Coverages available on your auto insurance policy

Understanding the coverages of a auto insurance policy can be of help when determining the best coverages for your vehicles. Auto insurance terms can be confusing and even agents have difficulty translating policy wording.

Collision coverage – Collision insurance covers damage to your MX-5 Miata caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like hitting a mailbox, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Auto liability – This coverage protects you from injuries or damage you cause to people or other property that is your fault. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for claims like court costs, legal defense fees and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your 2004 Mazda MX-5 Miata.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Med pay and PIP coverage pay for short-term medical expenses for things like X-ray expenses, hospital visits, pain medications, prosthetic devices and surgery. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive auto coverage – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a deer, damage from getting keyed and falling objects. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Don’t be a big spender

More affordable auto insurance is attainable online and with local insurance agents, and you need to comparison shop both to have the best rate selection. A few companies don’t offer rates over the internet and many times these small insurance companies provide coverage only through local independent agents.

People who switch companies do it for a number of reasons such as poor customer service, delays in paying claims, unfair underwriting practices and even delays in responding to claim requests. It doesn’t matter what your reason, finding a new auto insurance company is pretty simple and you could end up saving a buck or two.

You just read a lot of information how to lower your 2004 Mazda MX-5 Miata insurance car insurance rates. The key concept to understand is the more companies you get premium rates for, the better likelihood of getting affordable insurance coverage. Drivers may discover the biggest savings come from the smaller companies.

Additional information is located at the links below