2014 Mazda 2 Car Insurance Quotes

Want lower insurance rates for your Mazda 2? Did budget coverage turn out to be an expensive insurance policy? You’re preaching to the choir because many consumers are feeling buyer’s remorse and feel like there’s no way out. Numerous insurance companies battle for your business, so it’s not easy to compare every provider to discover the definitive best rate

Smart consumers take time to get comparison quotes at least once a year due to the fact that insurance prices change frequently. Despite the fact that you may have had the best quotes on 2 coverage six months ago you will most likely find a better rate today. Block out anything you think you know about insurance because you’re going to learn the tricks you need to know to properly buy coverages and cut your premium.

Insurance rates and discounts

Car insurance can cost a lot, but there could be available discounts that could drop your premiums quite a bit. Certain reductions will be credited when you purchase, but a few must be inquired about prior to getting the savings.

  • Accident Forgiveness Coverage – Not necessarily a discount, but companies like Allstate and Geico permit an accident without getting socked with a rate hike if you are claim-free for a specific time period.
  • Military Rewards – Being on active duty in the military can result in better premium rates.
  • Federal Employees – Active or former government employment can save as much as 8% on 2 coverage with certain companies.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags may earn rate discounts up to 30%.
  • Multiple Vehicles – Drivers who insure multiple vehicles on a single policy could earn a price break for each car.
  • Claim Free – Drivers who don’t have accidents pay less compared to accident-prone drivers.
  • Multi-line Discount – Larger insurance companies have better premium rates if you take out auto and life insurance together.
  • Multi-policy Discount – When you combine your auto and home insurance with one company you could get a discount of at least 10 to 15 percent or more.
  • Seat Belt Discounts – Requiring all passengers to fasten their seat belts could save 15% on the medical payments or PIP coverage costs.
  • Student in College – who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.

Keep in mind that many deductions do not apply to the entire cost. Some only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

A list of insurance companies and some of their more popular discounts are outlined below.

  • State Farm includes discounts for defensive driving training, driver’s education, anti-theft, accident-free, and passive restraint.
  • Geico has savings for anti-lock brakes, driver training, seat belt use, federal employee, and membership and employees.
  • SAFECO offers discounts including homeowner, bundle discounts, anti-lock brakes, accident prevention training, teen safe driver, drive less, and anti-theft.
  • Farmers Insurance discounts include business and professional, homeowner, mature driver, pay in full, alternative fuel, and good student.
  • AAA policyholders can earn discounts including multi-car, good student, multi-policy, anti-theft, and good driver.
  • USAA offers premium reductions for annual mileage, vehicle storage, loyalty savings, good student, military installation, new vehicle, and multi-policy.

Double check with all companies you are considering which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policies in every state. For a list of companies who offer free insurance quotes, click here to view.

The quickest method we recommend to compare rates is to understand almost all companies actually pay money for the chance to quote your coverage. To begin a comparison, all you need to do is give the companies some data including how old drivers are, what your job is, level of coverage desired, and if you’re married. Those rating factors gets sent immediately to insurance carriers in your area and they provide comparison quotes very quickly.

To find the cheapest car insurance rates, click here and find out if lower rates are available.

Situations that may require an agent’s advice

When it comes to choosing coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different so your insurance should reflect that For instance, these questions could help you determine if your situation will benefit from professional help.

  • Is my custom paint covered by insurance?
  • At what point should I drop full coverage?
  • Is my ex-spouse still covered by my policy?
  • What are the financial responsibility laws in my state?
  • Does coverage extend to my business vehicle?
  • Am I covered if I hit my neighbor’s mailbox?
  • How can I get high-risk coverage after a DUI?
  • Does liability extend to a camper or trailer?
  • Do I need medical payments coverage since I have good health insurance?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Specifics of your insurance policy

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Mazda 2.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are set the same as your liablity limits.

Collision insurance

This coverage pays for damage to your 2 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as crashing into a building, rolling your car, scraping a guard rail and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Medical expense insurance

Med pay and PIP coverage pay for bills like pain medications, chiropractic care, nursing services and dental work. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Liability coverages

Liability coverage can cover damage that occurs to people or other property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

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 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as medical services, emergency aid, medical expenses and attorney fees. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Comprehensive (Other than Collision)

This covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like hitting a bird, rock chips in glass, vandalism, damage from flooding and damage from getting keyed. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Smart shoppers get results

We just presented a lot of ways to lower your 2014 Mazda 2 insurance prices. It’s most important to understand that the more times you quote, the better chance you’ll have of finding cheaper insurance. You may be surprised to find that the lowest priced auto insurance comes from a lesser-known regional company. They can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

As you restructure your insurance plan, do not buy lower coverage limits just to save a few bucks. In many instances, an insured cut comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage for the lowest price, but do not sacrifice coverage to save money.

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