Lower Your 1994 Mazda MX-3 Insurance Quotes

If online insurance coverage comparisons are new to you, you can be overwhelmed by the large number of insurance coverage companies all offering big savings.

It’s a good idea to check insurance coverage prices occasionally because rates go up and down regularly. Just because you found the best deal on MX-3 coverage six months ago you may be paying too much now. Starting now, forget anything you know (or think you know) about insurance coverage because you’re going to learn the quickest way to find lower rates on insurance coverage.

Quick Auto Insurance Quotes

There are a variety of methods to compare 1994 Mazda MX-3 auto insurance quotes, and some are easier and takes less work. You can waste a lot of time discussing policy coverages with agents in your area, or you could save time and use the web to get rate comparisons in just a few minutes.

Many popular insurance companies belong to an insurance system where insurance shoppers only type in their quote data once, and at least one company can give them a price for coverage. This eliminates the need for quotation requests to every company. To fill out one form to compare multiple rates now click here to start a free quote.

The one disadvantage to comparing rates this way is buyers cannot specifically choose which companies to get pricing from. So if you want to choose specific insurance companies to request quotes from, we have a page of companies who write auto insurance in your area. Click to view list.

It’s up to you which method you use, but be sure to compare identical information on every quote. If you compare unequal deductibles or liability limits you can’t possibly determine the lowest rate for your Mazda MX-3. Slightly different limits can result in a big premium difference. And when price shopping your coverage, comparing more company’s prices will increase your chances of finding the best price.

Verify you’re getting all your discounts

The cost of insuring your cars can be expensive, but companies offer discounts that you may not know about. Most are applied when you purchase, but some may not be applied and must be asked for before they will apply.

  • No Accidents – Good drivers with no accidents pay much less compared to drivers who are more careless.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • College Student – Any of your kids who are attending college and don’t have a car can receive lower rates.
  • Drivers Ed for Students – Have your child enroll in driver’s education in high school.
  • Pay Now and Pay Less – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on MX-3 coverage with certain companies.
  • Discount for Swiching Early – Some insurance companies reward drivers for buying a policy prior to your current policy expiring. The savings is around 10%.
  • New Car Discount – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
  • Passive Restraints and Air Bags – Factory air bags can qualify for discounts up to 30%.
  • Accident Forgiveness – A few companies will forgive one accident before raising your premiums if your claims history is clear for a particular time prior to the accident.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, you’re out of luck. But any discount will cut your premiums.

To see a list of companies who offer car insurance discounts, follow this link.

When should I talk to an agent?

When choosing coverage, there isn’t really a perfect coverage plan. Every situation is different.

Here are some questions about coverages that might point out if your situation would benefit from professional advice.

  • Is my custom paint covered by insurance?
  • Does my policy cover me when driving someone else’s vehicle?
  • When do I need to add a new car to my policy?
  • Is my teenager covered with friends in the car?
  • I have health insurance so do I need medical payments coverage?
  • Am I getting all the discounts available?
  • Which is better, split liability limits or combined limits?
  • Am I covered if I crash into my own garage door?
  • Exactly who is provided coverage by my policy?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form.

Insurance coverage breakdown

Having a good grasp of a insurance policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Liability car insurance

Liability insurance protects you from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as loss of income, attorney fees, structural damage and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive (Other than Collision)

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like theft, fire damage, hail damage, a tree branch falling on your vehicle and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 1994 Mazda MX-3.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for bills such as funeral costs, surgery, pain medications, ambulance fees and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage protection

Collision insurance will pay to fix damage to your MX-3 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like backing into a parked car, rolling your car, scraping a guard rail and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

One last thing about your coverage

Insureds leave their current company for any number of reasons including denial of a claim, high prices, extreme rates for teen drivers and even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new company can be less work than you think.

As you prepare to switch companies, you should never buy less coverage just to save a little money. There are a lot of situations where someone dropped comprehensive coverage or liability limits and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to find the BEST coverage at an affordable rate while not skimping on critical coverages.

We just presented many ways to lower your 1994 Mazda MX-3 insurance rates. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with some of the smallest insurance companies.

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