Lower Your 1994 Mazda 626 Insurance Quotes

I can’t think of a single person who likes paying for auto insurance, especially knowing the cost is too high.

Drivers have so many car insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, so many choices can make it hard to compare rates and cut insurance costs.

Finding the lowest cost coverage is quite easy. Basically, everyone who is required by state law to have insurance should be able to find lower rates. Nevertheless, drivers need to learn the way companies price online insurance and apply this information to your search.

Are you getting all your discounts?

The price of auto insurance can be rather high, buy you may qualify for discounts that you may not know about. Most are applied at the time you complete a quote, but some must be asked about prior to getting the savings.

  • Student in College – Children living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
  • Save with a New Car – Insuring a new car is cheaper since new cars are generally safer.
  • Life Insurance Discount – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Driver Safety – Completing a driver safety course could possibly earn you a 5% discount if you qualify.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • Air Bag Discount – Factory air bags can get savings up to 30%.
  • Discount for Good Grades – This discount can save 20 to 25%. The discount lasts well after school through age 25.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less on 626 coverage than their less cautious counterparts.
  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you can actually save on your bill.

Keep in mind that some credits don’t apply to the entire cost. A few only apply to individual premiums such as medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, you won’t be that lucky. Any amount of discount will bring down your premiums.

To see a list of companies who offer car insurance discounts, click here.

Comprehensive Insurance Coverage Comparison Quotes

Comparing insurance coverage rates can be challenging if you don’t utilize the fastest way to get free quotes. You could waste time talking about coverages with local insurance agents in your area, or you could use online quotes to quickly compare rates.

All the larger companies belong to an insurance system that enables customers to enter their policy data once, and every company returns a competitive quote based on that data. This system prevents you from having to do form submissions to every company. To find out how much you’re overpaying now click here to open in new window.

The only drawback to using this type of form is that consumers can’t choose which providers to get quotes from. So if you want to select individual companies to compare prices, we have a page of insurance coverage companies in your area. Click here for list of insurance companies.

Whichever method you choose, make sure you use the exact same coverages and limits with each company. If each company quotes differing limits you can’t possibly determine which rate is truly the best. Quoting even small variations in limits may result in large price differences. Just keep in mind that comparing a large number of companies helps locate a lower rate.

When might I need an agent?

When buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions may help highlight if your situation would benefit from professional advice.

  • Should I put collision coverage on all my vehicles?
  • Do I get a pro-rated refund if I cancel my policy early?
  • When would I need additional glass coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • What is medical payments coverage?
  • Is rental equipment covered for theft or damage?
  • Do I need replacement cost coverage on my 1994 Mazda 626?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Car insurance 101

Having a good grasp of your policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by auto insurance companies.

Auto liability

Liability insurance provides protection from damage or injury you incur to a person or their property. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like pain and suffering, loss of income, court costs, attorney fees and emergency aid. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Protection from uninsured/underinsured drivers

This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Medical expense insurance

Med pay and PIP coverage pay for bills for things like prosthetic devices, X-ray expenses, EMT expenses and doctor visits. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things like falling objects, damage from flooding and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage

This will pay to fix damage to your 626 caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like crashing into a ditch, damaging your car on a curb and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Knowledge is power

In this article, we covered quite a bit of information on how to get a better price on 1994 Mazda 626 insurance. It’s most important to understand that the more quotes you get, the better likelihood of reducing your rate. Drivers may discover the most savings is with some of the smallest insurance companies. They may cover specific market segments cheaper compared to the large companies like Geico and State Farm.

When you buy insurance online, it’s very important that you do not buy poor coverage just to save money. In many instances, an accident victim reduced comprehensive coverage or liability limits only to regret they didn’t purchase enough coverage. Your goal should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Low-cost insurance is definitely available from both online companies as well as from independent agents, and you should be comparing both to get a complete price analysis. Some insurance companies don’t offer online price quotes and these small insurance companies work with independent agents.

To learn more, take a look at the resources below: