Lower Your 2009 Mazda MX-5 Miata Insurance Rates

Looking for lower auto insurance rates for your Mazda MX-5 Miata? Do you get overwhelmed by the number of auto insurance choices in your area? You’re not alone. There are so many choices available that it can turn into a burden to lower your prices.

Consumers should take time to price shop coverage before your policy renews due to the fact that insurance rates trend upward over time. If you had the lowest premium rates for MX-5 Miata coverage a few years ago there is a good chance you can find better prices now. Forget all the misinformation about auto insurance because you’re going to learn how to quote online to reduce your cost while increasing coverage.

Find discounts on insurance

Insuring your vehicles can cost a lot, but you might be missing out on some discounts that many consumers don’t even know exist. Certain credits will be shown at the time you complete a quote, but lesser-known reductions have to be specially asked for prior to getting the savings.

  • Discount for Good Grades – A discount for being a good student may save you up to 25%. You can use this discount normally up until you turn 25.
  • Discounts for Cautious Drivers – Drivers who avoid accidents may save up to 50% more for MX-5 Miata coverage than drivers with accidents.
  • Onboard Data Collection – People who choose to allow their company to scrutinize their driving habits by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they show good driving skills.
  • Theft Deterent – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
  • Safety Restraint Discount – Drivers who require all vehicle occupants to buckle their seat belts could save 15% off the personal injury premium cost.
  • Savings for New Vehicles – Insuring a vehicle that is new can be considerably cheaper since newer models have better safety ratings.
  • Military Rewards – Being deployed with a military unit could qualify you for better prices.
  • Own a Home – Owning your own home or condo can save a few bucks because maintaining a house shows financial diligence.
  • Early Switch Discount – A few larger companies offer discounts for buying a policy prior to your current policy expiration. You can save around 10% with this discount.
  • Clubs and Organizations – Joining a professional or civic organization may earn a discount on your next renewal.

A quick disclaimer, most discounts do not apply to all coverage premiums. Some only apply to individual premiums such as physical damage coverage or medical payments. Despite the appearance that you could get a free insurance policy, insurance companies wouldn’t stay in business.

Companies and a summarized list of policyholder discounts can be read below.

  • State Farm offers discounts including anti-theft, driver’s education, good student, Steer Clear safe driver discount, and safe vehicle.
  • Liberty Mutual policyholders can earn discounts including new graduate, multi-policy, exclusive group savings, preferred payment discount, multi-car, and safety features.
  • American Family has savings for Steer into Savings, multi-vehicle, air bags, good student, bundled insurance, TimeAway discount, and defensive driver.
  • Progressive offers premium reductions for online signing, continuous coverage, multi-vehicle, homeowner, online quote discount, good student, and multi-policy.
  • Farmers Insurance offers discounts for good student, bundle discounts, early shopping, youthful driver, multi-car, and homeowner.
  • Auto-Owners Insurance may include discounts for teen driver, multiple vehicles, anti-theft, anti-lock brakes, student away at school, company car, and safe vehicle.
  • SAFECO may offer discounts for homeowner, multi-car, safe driver, accident prevention training, and teen safety rewards.

If you are trying to find cheap car insurance quotes, ask every insurance company the best way to save money. Some discounts listed above may not be offered everywhere.

Tailor your car insurance coverage to you

When choosing proper insurance coverage, there really is no one size fits all plan. Every insured’s situation is different.

For instance, these questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Do I have newly-aquired coverage?
  • Does my insurance cover a custom paint job?
  • Should I buy only the required minimum liability coverage?
  • Is there coverage for injuries to my pets?
  • Does insurance cover damages from a DUI accident?
  • Is my babysitter covered when using my vehicle?
  • Are rock chip repairs covered?
  • Do I have coverage when making deliveries for my home business?
  • Is pleasure use cheaper than using my 2009 Mazda MX-5 Miata to commute?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form.

The ad said I’d save $385 a year!

Respected companies like Allstate, Geico and Progressive constantly bombard you with television, radio, and online ads. All the ads advertise the message about how much you will save after switching your policy. Is it even possible that every company can charge less that you’re paying now?

Insurance companies quote their best rates for the driver that earns them the most money. For example, a desirable insured might be described as a married female, has no driving citations, and does not commute to work. Anyone who fits that profile will probably get the lowest premium rates and is almost guaranteed to save quite a bit of money when switching.

People who do not meet those standards will probably have to pay higher rates which leads to the customer buying from someone else. If you listen to the ad wording, they say “customers who switch” not “everyone who quotes” save that kind of money. That is how insurance companies can advertise the way they do. This really emphasizes why it is so important to get price quotes at each policy renewal. Because you never know with any certainty which company will give you lower rates than your current company.

Car insurance coverages for a Mazda MX-5 Miata

Learning about specific coverages of a car insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Medical costs insurance – Med pay and PIP coverage provide coverage for immediate expenses for things like prosthetic devices, hospital visits, surgery, doctor visits and dental work. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Auto liability – Liability coverage protects you from damage or injury you incur to people or other property in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against things such as medical expenses, repair bills for other people’s vehicles, emergency aid, medical services and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like fire damage, rock chips in glass, theft and a tree branch falling on your vehicle. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

UM/UIM Coverage – This gives you protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Mazda MX-5 Miata.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Collision coverages – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sustaining damage from a pot hole, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Final thoughts

Lower-priced auto insurance is definitely available both online as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. Some auto insurance companies may not provide the ability to get a quote online and usually these smaller providers prefer to sell through independent agents.

Insureds switch companies for a number of reasons such as delays in responding to claim requests, poor customer service, not issuing a premium refund or denial of a claim. No matter why you want to switch, finding a new company is not as difficult as it may seem.

In this article, we covered a lot of techniques to compare 2009 Mazda MX-5 Miata insurance prices online. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even find the lowest priced auto insurance comes from the least-expected company.

Even more information is available at these sites: