2018 Mazda CX-5 Car Insurance Cost – 5 Policy Discounts

Want better insurance rates for your Mazda CX-5? Locating the lowest price insurance may at first seem to be impossible for vehicle owners that are relatively new to buying insurance over the internet. With so many options of insurance companies available, how are vehicle owners able to have the ability to compare each option to find lower insurance premiums?

Compare car insurance quotes online

To find cheaper quotes, there are a couple of ways of comparing rate quotes from many car insurance companies in your state. The recommended way to find the cheapest 2018 Mazda CX-5 insurance rates is to jump online and get quotes. It’s really quite simple and can be done by using one of the methods below.

  1. The easiest and least time consuming way consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This form saves time by eliminating repetitive form submissions to each individual car insurance company. One form submission gets you coverage quotes from several companies. This is perfect if you don’t have a lot of time.
  2. A less efficient way to shop for car insurance online is to manually visit the website for each individual company and request a quote. For sake of this example, we’ll assume you want to compare Geico, Allstate and Liberty Mutual. To do that, you would have to navigate to each company’s site and repeatedly type in your coverage information, and that explains why we recommend the first method.

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

It’s up to you which method you use, but ensure you are comparing apples-to-apples coverage data on every price quote you get. If each company quotes different values for each quote it will be very difficult to make a fair comparison for your Mazda CX-5. Quoting even small variations in insurance coverages can make a big difference in price. Just keep in mind that obtaining a wide range of quotes will improve the odds of getting a lower rate. Some companies don’t provide quotes online, so you need to compare prices from the smaller companies as well.

Auto insurance policy discounts you can’t miss

Car insurance companies don’t always publicize all disounts in a way that’s easy to find, so the next list breaks down both the well known as well as some of the hidden discounts that you may qualify for.

  • Seat Belts Save – Drivers who require all vehicle occupants to fasten their seat belts could save 15% on the premium charged for medical payments and/or PIP.
  • No Charge for an Accident – This one is not really a discount per se, but a few companies such as Geico, Allstate and Liberty Mutual will forgive one accident without the usual rate increase if you are claim-free before the accident.
  • Good Students Pay Less – Being a good student may save you up to 25%. You can use this discount normally well after school through age 25.
  • College Student – Any of your kids who live away from home at college without a vehicle on campus can receive lower rates.
  • Theft Deterent Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.

Don’t be shocked that most discount credits are not given to the entire policy premium. Most only cut individual premiums such as medical payments or collision. Just because you may think you would end up receiving a 100% discount, companies don’t profit that way.

A list of auto insurance companies and a selection of discounts are shown below.

  • Travelers may offer discounts for good student, new car, multi-car, student away at school, payment discounts, driver training, and early quote.
  • 21st Century policyholders can earn discounts including defensive driver, theft prevention, automatic seat belts, air bags, teen driver, and student driver.
  • State Farm has savings for defensive driving training, safe vehicle, student away at school, anti-theft, Drive Safe & Save, good driver, and passive restraint.
  • Geico may include discounts for anti-theft, air bags, multi-vehicle, five-year accident-free, and defensive driver.
  • SAFECO discounts include homeowner, anti-lock brakes, anti-theft, accident prevention training, safe driver, and teen safe driver.
  • AAA may have discounts that include pay-in-full, education and occupation, multi-policy, anti-theft, and good driver.

When comparing rates, check with each company or agent which discounts they offer. All car insurance discounts may not apply to policyholders in your area.

Insurance agents can help

When choosing proper insurance coverage for your vehicles, there is no single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions can help discover whether you could use an agent’s help.

  • What is medical payments coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered when driving on a suspended license?
  • Do I pay less for low miles?
  • Are rental cars covered under my policy?
  • How can I get high-risk coverage after a DUI?
  • Does my insurance cover a custom paint job?
  • What if I owe more than I can insure my car for?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form.

Auto insurance myths debunked

Well-known auto insurance companies like State Farm, Allstate and Geico constantly bombard you with television, radio, and online ads. All the companies try to convey promises about how much you will save if you move your policy. But how can every company make the same claim? This is the trick they use.

Most companies quote their best rates for the type of customer that makes them money. An example of a desirable insured may need to be over the age of 50, has never had a claim, and drives less than 7,500 miles a year. A propective insured that meets those criteria may get the lowest premium rates as well as save if they switch.

Consumers who are not a match for this stringent profile will get higher premiums and ends up with business not being written. If you listen to the ad wording, they say “people who switch” but not “all drivers who get quotes” save the amount stated. That’s the way companies can truthfully claim big savings. Because every company is different, you absolutely need to get a wide range of price quotes. Because you cannot predict which auto insurance company will provide you with the cheapest prices.

Car insurance coverage information

Knowing the specifics of a insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive insurance – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, damage from flooding and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2018 Mazda CX-5.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

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

Liability coverage has three 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 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as emergency aid, loss of income, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for hospital visits, pain medications, EMT expenses, rehabilitation expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Collision – Collision coverage covers damage to your CX-5 caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like crashing into a building, scraping a guard rail, driving through your garage door, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Don’t break the bank

Insureds change insurance companies for a variety of reasons including delays in paying claims, policy non-renewal, high rates after DUI convictions and even poor customer service. Regardless of your reason, finding a great new company is not as hard as you think.

You just learned many ideas to get a better price on 2018 Mazda CX-5 insurance. The key thing to remember is the more you quote insurance coverage, the better likelihood of getting inexpensive insurance coverage. You may even find the biggest savings come from a small local company.

The cheapest 2018 Mazda CX-5 insurance is available online as well as from insurance agents, and you should compare price quotes from both to get a complete price analysis. Some insurance companies do not offer rate quotes online and many times these small, regional companies only sell coverage through local independent agencies.

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