2010 Mazda Mazda5 Car Insurance Cost – 7 Ways to Save

Looking for better insurance coverage rates for your Mazda Mazda5? Having to pay for overpriced Mazda Mazda5 insurance can consume your checking account and possibly require you to analyze your spending habits. Comparison shopping can be a smart way to ensure you are getting the best deal.

There are many car insurance companies to insure vehicles with, and though it is a good thing to be able to choose, it can be more challenging to adequately compare rates.

You should take the time to compare prices before your next renewal because prices change quite often. Despite the fact that you may have had the lowest price on Mazda5 coverage at your last renewal you will most likely find a better rate quote today. You can find a lot of misleading information regarding insurance coverage online, but in just a couple of minutes you can learn a lot of great tips on how to quit paying high insurance coverage rates.

This article will help you learn the best way to quote coverages. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this strategy. Drivers only need an understanding of the proper way to compare rates online.

Verify you’re getting every discount

Some insurers don’t always publicize every policy discount in a way that’s easy to find, so here is a list a few of the more well known as well as the least known discounts that you can inquire about if you buy auto insurance online.

  • Waiver for an Accident – Not really a discount, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Student in College – who are enrolled in a college that is more than 100 miles from home and do not have a car could qualify for this discount.
  • Lower Rates for Military – Being deployed with a military unit could qualify you for better insurance rates.
  • Telematics Data – People who choose to allow data collection to analyze driving manner by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they have good driving habits.
  • Discounts for Responsible Drivers – Drivers who don’t get into accidents could pay up to 40% less on Mazda5 coverage as compared to drivers with claims.
  • Defensive Driver – Taking time to complete a course that instructs on driving safety could cut 5% off your bill depending on where you live.
  • Low Mileage Discounts – Low mileage vehicles could qualify for lower premium rates due to less chance of an accident.

A quick disclaimer, most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though the math looks like you can get free auto insurance, companies wouldn’t make money that way. But all discounts will definitely lower your policy cost.

A list of insurance companies and a partial list of their discounts are detailed below.

  • Farm Bureau offers discounts including driver training, youthful driver, safe driver, multi-vehicle, and multi-policy.
  • State Farm may offer discounts for driver’s education, anti-theft, good driver, multiple autos, and student away at school.
  • Progressive policyholders can earn discounts including homeowner, continuous coverage, online quote discount, good student, and multi-policy.
  • Allstate discounts include resident student, good payer, anti-theft, economy car, defensive driver, multi-policy, and farm vehicle.
  • Nationwide has discounts for easy pay, Farm Bureau membership, family plan, accident-free, and business or organization.
  • MetLife offers premium reductions for claim-free, good driver, good student, multi-policy, and accident-free.

When getting a coverage quote, ask all companies you are considering how you can save money. Some of the discounts discussed earlier may not be available in your area. To find providers with the best discounts, click here to view.

How to shop car insurance online

There are a variety of methods to compare car insurance quotes, and some are less labor-intensive and much quicker. You can waste a lot of time driving to agents in your area, or you can stay home and use the web to quickly compare rates.

Many of the larger companies belong to an insurance system that enables customers to submit their information once, and every company then returns a price quote based on that information. This system prevents you from having to do quotation requests for every car insurance company.

To get comparison pricing now click here to open in new window.

The single downside to comparing rates this way is you can’t choose which carriers to get pricing from. So if you want to select specific insurance companies to compare, we have a listing of companies who write car insurance in your area. View list of insurance companies.

The method you choose is up to you, but try to keep exactly the same quote information for each quote you get. If you are comparing unequal deductibles or liability limits it’s impossible to get a fair rate comparison.

When should I discuss my situation with an agent?

When it comes to buying the best auto insurance coverage, there really is not a “perfect” insurance plan. Each situation is unique so this has to be addressed. For instance, these questions might help in determining whether you might need professional guidance.

  • If my 2010 Mazda Mazda5 is totaled, can I afford another vehicle?
  • Can my teen drive my company car?
  • Does liability extend to a camper or trailer?
  • How can I get high-risk coverage after a DUI?
  • What can I do if my company denied a claim?
  • Am I covered when using my vehicle for business?
  • What is no-fault insurance?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Car insurance coverages for a Mazda Mazda5

Understanding the coverages of car insurance aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the usual coverages found on the average car insurance policy.

Medical expense coverage – Med pay and PIP coverage pay for bills like ambulance fees, doctor visits and surgery. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive protection – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, damage from flooding and damage from getting keyed. The most your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage – This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently these limits do not exceed the liability coverage limits.

Liability coverage – Liability insurance provides protection from damage that occurs to a person or their property. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things like medical expenses, medical services and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage – This covers damage to your Mazda5 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with another moving vehicle, crashing into a ditch and scraping a guard rail. 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 increase the deductible to get cheaper collision coverage.

Quote more, save more

We’ve covered some good ideas how you can reduce 2010 Mazda Mazda5 insurance car insurance rates online. The most important thing to understand is the more quotes you get, the better likelihood of getting low cost auto insurance. You may be surprised to find that the biggest savings come from a smaller regional carrier. These smaller insurers can often provide lower premium rates in certain areas than their larger competitors like State Farm, Geico and Nationwide.

As you quote auto insurance, make sure you don’t skimp on coverage in order to save money. There have been many situations where someone sacrificed collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to get the best coverage possible at a price you can afford.

Additional insurance coverage information can be found at these links: