2012 Mazda Mazdaspeed 3 Insurance Cost – 7 Tips for Best Prices

Want the cheapest auto insurance rates for your Mazda Mazdaspeed 3? Have you finally had enough of robbing Peter to pay Paul to pay high auto insurance rates every month? You are in the same boat as the majority of other consumers.

There are many insurers to choose from, and although it’s nice to have a selection, more choices can make it harder to compare rates and find the lowest cost auto insurance.

How to get free insurance coverage quotes online

To get inexpensive car insurance quotes, there a variety of ways to compare prices from many different insurance companies. The fastest way to lower the rate you pay for Mazda Mazdaspeed 3 insurance is to perform an online rate comparison. It’s really quite simple and can be done in a couple of different ways.

  1. Probably the best way to get quotes is a comparison rater form (click to open form in new window). This style of form prevents you from having to do boring form submissions for every prospective company. A single form gets coverage cost estimates from several companies.
  2. A slightly less efficient method to find lower rates consists of going to the website for each individual company to complete a price quote. For instance, let’s say you want rates from Geico, State Farm and American Family. You would have to go to each individual site to enter your coverage information, and that’s why the first method is more popular. For a list of companies in your area, click here.

It’s up to you which method you use, but make sure you compare identical coverage data with each company. If your comparisons have different deductibles you will not be able to determine which company has the best rates. Quoting even small variations in insurance coverages may cause a big price difference. Keep in mind that more quotes helps locate the best price.

Big brands don’t always mean big savings

Insurance coverage companies such as State Farm and Allstate constantly bombard you with ads on TV and radio. All the companies make the same claim about how much you will save if you get a free car insurance quote and switch to their company. How is it plausible that every one can charge you less for car insurance? It’s all in the wording.

Different companies require specific criteria for the type of driver that makes them money. For instance, a profitable insured may be between the ages of 30 and 50, is a homeowner, and drives a vehicle with a low ISO rating. A propective insured who meets those qualifications will probably get the lowest premium rates and will most likely save some money.

Drivers who don’t meet the ideal profile will have to pay a higher rate which leads to the prospect going elsewhere. If you pay close attention to the ads, they say “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way insurance companies can make those statements.

This illustrates why you should do a rate comparison at every renewal. It’s not possible to predict which insurance companies will have better premium rates than you’re paying now.

Insurance coverage discounts help reduce rates

Some insurance providers don’t always publicize every discount they offer very clearly, so the following list contains both the well known and also the lesser-known credits that you can use to lower your rates.

  • Accident-Free Discounts – Drivers with accident-free driving histories can earn big discounts as opposed to drivers with a long claim history.
  • Telematics Devices – Drivers who elect to allow their company to spy on driving habits by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates as long as the data is positive.
  • Safety Restraint Discount – Buckling up and requiring all passengers to buckle up could cut 10% or more on the premium charged for medical payments and/or PIP.
  • College Student – Older children who are attending college and do not take a car to college may be insured at a cheaper rate.
  • Good Grades Discount – Maintaining excellent grades can get you a discount of up to 25%. You can use this discount normally until age 25.
  • E-sign Discounts – Many larger companies will give you a small discount simply for signing on the web.
  • Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems prevent vehicle theft and that can save you a little bit as well.

Drivers should understand that most discounts do not apply to your bottom line cost. The majority will only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, you’re out of luck.

Popular insurance coverage companies and a summarized list of policyholder discounts are:

  • State Farm discounts include driver’s education, multiple autos, good driver, Steer Clear safe driver discount, good student, and passive restraint.
  • Geico may include discounts for five-year accident-free, anti-lock brakes, seat belt use, daytime running lights, good student, and federal employee.
  • SAFECO offers discounts for bundle discounts, anti-theft, homeowner, safe driver, drive less, teen safety rewards, and accident prevention training.
  • Farmers Insurance has discounts for pay in full, distant student, switch companies, alternative fuel, and business and professional.
  • AAA may offer discounts for good driver, multi-policy, pay-in-full, anti-theft, good student, and multi-car.
  • USAA offers premium reductions for driver training, annual mileage, multi-policy, vehicle storage, new vehicle, loyalty savings, and safe driver.

If you want cheap car insurance quotes, ask each insurance company which discounts they offer. Discounts might not be offered on policies in your area. To choose insurance coverage companies that can offer you the previously mentioned discounts, click here.

Which is the best auto insurance?

When buying coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. For example, these questions can aid in determining whether you may require specific advice.

  • What companies insure drivers after a DUI or DWI?
  • How do I buy GAP insurance?
  • Where can I find high-risk insurance?
  • Does car insurance cover theft of personal property?
  • Should I sign the liability waiver when renting a car?
  • Does my 2012 Mazda Mazdaspeed 3 qualify for pleasure use?
  • Am I covered when driving in Canada or Mexico?
  • Will my rates increase for filing one claim?
  • Is motorclub coverage worth it?
  • Do I get a pro-rated refund if I cancel my policy early?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

Coverage specifics

Having a good grasp of your policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverages found on most insurance policies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for short-term medical expenses like nursing services, funeral costs, dental work and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Liability auto insurance

Liability insurance will cover damage that occurs to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against claims such as funeral expenses, bail bonds, pain and suffering, structural damage and medical expenses. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

Comprehensive insurance

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, a broken windshield, a tree branch falling on your vehicle and damage from getting keyed. The most a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2012 Mazda Mazdaspeed 3.

Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like colliding with a tree, colliding with another moving vehicle and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.

More choices the merrier

We just presented many tips how you can shop for 2012 Mazda Mazdaspeed 3 insurance online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding the cheapest car insurance. You may even find the biggest savings come from a company that doesn’t do a lot of advertising. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or Geico.

The cheapest 2012 Mazda Mazdaspeed 3 insurance can be found from both online companies in addition to local insurance agencies, so you should be comparing quotes from both to have the best rate selection. Some insurance coverage companies may not have internet price quotes and many times these small, regional companies prefer to sell through independent insurance agencies.

Additional detailed information can be found by following these links: