How Much Does 2005 Mazda 3 Car Insurance Cost?

Are you drained from not being able to afford to insure your Mazda every month? You are in the same boat as millions of other drivers. Companies like Progressive, State Farm and Geico persitently shower you with TV and radio ads and it can be hard to see through the deception and take the time to shop coverage around.

It’s a great practice to get comparison quotes quite often because insurance prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best rates for 3 coverage six months ago other companies may now be cheaper. Block out anything you think you know about insurance coverage because I’m going to teach you how to quote online to reduce your cost while increasing coverage.

If you have a policy now or need a new policy, you can use these tips to find the best rates while maintaining coverages. Finding the best rates is not rocket science. Consumers just need to know the proper way to compare company rates over the internet.

Take advantage of every insurance coverage discount

Not many people think insurance is cheap, but there could be significant discounts that can help lower your rates. Many discounts should be triggered at the time of quoting, but lesser-known reductions have to be requested specifically before you get the savings.

  • Drive Less and Save – Maintaining low annual mileage can earn discounted premium rates on garaged vehicles.
  • Government Employees – Federal government employees can earn a discount up to 10% for 3 coverage depending on your company.
  • Distant College Student Discount – Kids who attend college more than 100 miles from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Discount for New Cars – Buying a new car model can get you a discount since new model year vehicles are generally safer.
  • Sign Online – A handful of insurance companies give back up to $50 for buying a policy and signing up digitally online.
  • Service Members Pay Less – Having a family member in the military may lower your premium rates slightly.
  • Mature Driver Discount – If you’re over the age of 55, you are able to get better insurance coverage rates for 3 coverage.
  • Early Renewal Discounts – A few insurance coverage companies give discounts for renewing your policy before your current coverage expires. This discount can save up to 10%.

Don’t be surprised that most credits do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky. But any discount will lower the amount you have to pay.

To see a list of insurers offering insurance coverage discounts, click here to view.

Insurance premium influencing factors

Multiple criteria are part of the calculation when you quote your car insurance policy. Some factors are common sense like an MVR report, although others are more transparent such as whether you are married or your financial responsibility.

  • Little extras can really add up – There are many extra add-on coverages that can add up when buying auto insurance. Add-on coverages like rental car reimbursement, better glass coverage, and extra equipment coverage are some examples. These coverages may sound good at first, but your money might be better spent on other coverage so think about removing them and cutting costs.
  • Getting married equates to better prices – Being married can get you a discount compared to being single. It may mean you are less irresponsible it has been statistically shown that married drivers get in fewer accidents.
  • Big cities mean more claims – Being located in less populated areas of the country is a good thing if you are looking for the lowest rates. Fewer drivers means reduced accidents and a lower car theft rate. People who live in big cities have to deal with more road rage incidents and a longer drive to work. The longer drive time means higher likelihood of an accident.
  • Drive fewer miles and save – Driving more miles in a year the higher your rate. Many insurance companies charge to insure your cars based on their usage. Cars and trucks used primarily for pleasure use cost less to insure compared to those used for work or business. Double check that your policy is rated on how each vehicle is driven. Improper usage on your 3 is just wasting money.
  • Car plus home equals more savings – Lots of insurance companies will award a discount to clients who have multiple policies with them. It’s known as a multi-policy discount. Discounts can add up to ten percent or more. Even though this discount sounds good, it’s in your best interest to compare rates to help guarantee you have the best rates. It’s possible to still save even more than the discount by buying auto insurance from a different company.
  • Your career may increase rates – Occupations such as military personnelairline pilots and accountants tend to have higher premiums than the average policyholder because of high stress levels and lots of time spent at work. On the other hand, careers like professors, historians and retirees pay lower than average rates for 3 coverage.
  • Alarms and GPS tracking lower auto insurance rates – Choosing a vehicle that has an advanced theft prevention system can earn a premium discount. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent vehicle theft.

How to know if you need help

When buying coverage for your personal vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions can help discover if your situation may require specific advice.

  • Do I need more liability coverage?
  • How much liability insurance is required?
  • Which is better, split liability limits or combined limits?
  • Do I pay less for low miles?
  • Why do I only qualify for high-risk insurance?
  • Who is covered by my policy?
  • Does my insurance cover my expensive audio equipment?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.

Brand name doesn’t guarantee savings

Drivers get pounded daily by advertisements for cheaper insurance by companies like State Farm, Allstate and Geico. They all make the point that you can save if you change your policy.

How is it plausible that every one can charge less that you’re paying now? This is the trick they use.

Insurance providers quote the lowest rates for the type of driver that makes them money. A good example of this type of driver might be described as between the ages of 30 and 50, carries full coverage, and has a short commute. Any customer who matches those parameters will get low car insurance rates and have a good chance to save some money.

Insureds who do not match the “perfect” profile will probably be forced to pay a higher rate which translates to the prospect going elsewhere. Company advertisements say “people that switch” not “everyone that quotes” save that much. That’s the way companies can lure you into getting a quote.

This really illustrates why it is so important to get a wide range of price quotes. You cannot predict which company will fit your personal profile best.

Auto insurance coverage basics

Understanding the coverages of auto insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find the normal coverages found on the average auto insurance policy.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2005 Mazda 3.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverages

Liability coverage provides protection from injuries or damage you cause to a person or their property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for things like medical services, court costs, pain and suffering and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Coverage for collisions

This pays for damage to your 3 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like rolling your car, hitting a mailbox, scraping a guard rail, driving through your garage door and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for rehabilitation expenses, dental work, doctor visits and ambulance fees. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from getting keyed, damage from flooding, hail damage and theft. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Shop smart and save

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There are many occasions where an insured dropped full coverage only to regret that they should have had better coverage. Your aim should be to get the best coverage possible for the lowest cost.

We covered some good ideas how you can lower your 2005 Mazda 3 insurance rates. The key thing to remember is the more times you quote, the better likelihood of getting cheaper insurance coverage. You may even find the best rates are with a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower car insurance rates compared to the large companies like State Farm and Allstate.

More detailed auto insurance information is available at these sites: