How Much Does 2016 Mazda CX-3 Insurance Cost?

Looking for cheaper insurance coverage rates for your Mazda CX-3? If you’re new to shopping for auto insurance quotes online, you may be overwhelmed thanks to all the different types local agents and online companies selling insurance.

You need to compare premium rates yearly due to the fact that insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest quotes for CX-3 coverage at your last renewal a different company probably has better rates today. Ignore everything you know about insurance coverage because it’s time to teach you how to use the internet to save money, get proper coverage and the best rates.

Buying car insurance is not that difficult. If you are paying for car insurance now, you will most likely be able to cut costs considerably using this strategy. But drivers can benefit by having an understanding of how the larger insurance companies price insurance differently and use this information to your advantage.

Compare insurance rate quotes

To get affordable auto insurance quotes, there a variety of ways to compare rate quotes from all the different companies. The quickest method to compare 2016 Mazda CX-3 insurance prices consists of obtaining rate quotes online. It’s really quite simple and can be done in a couple minutes as outlined below.

Probably the best way to get quotes is to use a rate comparison form (click to open form in new window). This method prevents you from having to do repetitive form submissions for every insurance company. One form submission gets prices estimates from insurance companies with the best prices. This is perfect if you don’t have a lot of time.

Another way to shop for insurance online requires a visit to the website for each individual company to request a price quote. For example, let’s assume you want to compare Liberty Mutual, Safeco and Progressive. To get rate quotes you would need to go to each individual site and type in your information over and over, and that’s why the first method is more popular.

For a handy list of car insurance company links in your area, click here.

It doesn’t matter which method you choose, just try to use equivalent information for every quote you compare. If you enter different limits and deductibles on each one it will be very difficult to determine the best price for your Mazda CX-3. Even a minor difference in insurance coverages or limits can result in a big premium difference. Just keep in mind that comparing more company’s prices helps increase your odds of locating more affordable insurance. Some regional insurers cannot provide quotes online, so you should also compare price estimates from them as well.

Insurance Discounts

Some providers do not advertise the complete list of policy discounts in an easy-to-find place, so the below list has some of the more common as well as some of the hidden credits available to you.

  • Good Student Discount – Excelling in school can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Active Military Service – Having a deployed family member could be rewarded with lower insurance rates.
  • Include Life Insurance and Save – Larger insurance companies have lower prices if you buy life insurance from them.
  • Discount for Swiching Early – Select insurance companies give a discount for switching to them before your current expiration date. This can save 10% or more.
  • Defensive Driver Discounts – Taking time to complete a class that teaches defensive driving techniques can save you 5% or more depending on where you live.
  • Theft Prevention Discount – Vehicles optioned with advanced anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
  • Student Driver Training – It’s a good idea to have your young drivers complete a driver education course in school or through a local driver safety program.
  • Multiple Policy Discount – If you can combine your auto and homeowners policy and insure them with the same company you could earn a discount of up to 20% off your total premium.
  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may get savings of 20 to 30 percent.

Drivers should understand that most discount credits are not given the the whole policy. Some only reduce specific coverage prices like comprehensive or collision. So even though they make it sound like you could get a free insurance policy, it doesn’t quite work that way.

Larger insurance companies and the discounts they provide are included below.

  • Farmers Insurance may have discounts that include mature driver, switch companies, business and professional, early shopping, electronic funds transfer, and teen driver.
  • State Farm offers discounts including defensive driving training, safe vehicle, driver’s education, good student, and Drive Safe & Save.
  • Liberty Mutual has discounts for preferred payment discount, multi-car, safety features, hybrid vehicle, new vehicle discount, good student, and newly married.
  • MetLife offers premium reductions for accident-free, defensive driver, good student, good driver, multi-policy, and claim-free.
  • Progressive discounts include continuous coverage, good student, multi-policy, online signing, online quote discount, multi-vehicle, and homeowner.

If you need the cheapest auto insurance quotes, ask all the companies how many discounts you can get. Some of the earlier mentioned discounts may not apply to policyholders in your area.

Mazda CX-3 insurance rates can be cheaper

Many things are used in the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but other criteria are not as apparent like your vehicle usage or how financially stable you are.

The itemized list below are some of the major factors that factor into rates.

  • Vehicle theft costs us all – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Advanced theft deterrents such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft.
  • How much liability coverage – The liability coverage on your policy will afford coverage if ever you are responsible for personal injury or accident damage. Your policy’s liability insurance provides legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to other policy coverages, so do not cut corners here.
  • Pay less with a high IIHS safety rating – Vehicles with high crash test scores tend to be cheaper to insure. Highly rated vehicles reduce occupant injuries and any reduction in injury severity means lower claim amounts and thus lower rates. If your Mazda CX-3 scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Your address can affect price – Being located in less populated areas of the country is a positive aspect when talking about insurance. Fewer drivers on the road means less chance of accidents as well as less vandalism and auto theft. City drivers tend to have more auto accidents and longer commute times. Longer commute distances means a statistically higher chance of an accident.
  • Men are more aggressive – Over the last 50 years, statistics have shown that females take fewer risks when driving. However, don’t assume that men are worse drivers. They both get in auto accidents in similar numbers, but the males tend to have more serious accidents. They also have more aggressive citations like DWI (DUI) or reckless driving. Youthful male drivers generally have the highest accident percentage and therefore pay the highest rates.
  • Only buy incidental coverages you need – There are many add-on coverages that you can get tricked into buying if you aren’t careful. Insurance for roadside assistance, towing, and Farm Bureau memberships may be wasting your money. They may seem like a good idea initially, but your money might be better spent on other coverage so remove them from your policy.

Tailor your insurance coverage coverage to you

When it comes to choosing adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions can aid in determining whether or not you could use an agent’s help.

  • Am I covered when driving a rental car?
  • Does liability extend to a camper or trailer?
  • Does coverage extend to my business vehicle?
  • Should I buy full coverage?
  • What is covered by UM/UIM coverage?
  • Should I get collision insurance on every vehicle?
  • If my pet gets injured in an accident are they covered?
  • Will my rates increase for filing one claim?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form.

Insurance coverage considerations

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Collision insurance

This coverage pays for damage to your CX-3 resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like scraping a guard rail, crashing into a ditch, sustaining damage from a pot hole, sideswiping another vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance

This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as falling objects, fire damage and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for liability

Liability insurance protects you from damage that occurs to other’s property or people by causing an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as pain and suffering, court costs, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as X-ray expenses, dental work and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda CX-3.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Never pay more for less

We’ve covered quite a bit of information on how to get a better price on 2016 Mazda CX-3 insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the biggest savings come from an unexpected company.

When you buy auto insurance online, you should never buy lower coverage limits just to save a few bucks. There are too many instances where someone dropped liability coverage limits only to regret they didn’t have enough coverage. Your aim should be to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

Discount 2016 Mazda CX-3 insurance is possible from both online companies in addition to many insurance agents, and you need to comparison shop both so you have a total pricing picture. Some companies do not provide internet price quotes and most of the time these small, regional companies only sell coverage through independent agencies.

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