View 2003 Mazda Protege5 Car Insurance Rates

Saving money on insurance is nearly impossible for people who are new to shopping for insurance online. People have so many choices that it can turn into more work than you anticipated to find lower rates.

You need to compare prices quite often because prices are adjusted regularly by insurance companies. Even if you think you had the best price for Protege5 coverage a couple years back you will most likely find a better rate today. Ignore everything you know about insurance because I’m going to let you in on the secrets to the quickest way to eliminate unnecessary coverages and save money.

Verify you’re getting all your discounts

The price of auto insurance can be rather high, but discounts can save money and there are some available to reduce the price significantly. Most are applied when you quote, but some must be specially asked for before you will receive the discount.

  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more for Protege5 coverage than drivers with accidents.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • No Charge for an Accident – A few companies will forgive one accident before your rates go up as long as you don’t have any claims for a set time period.
  • College Student – Children who are attending college and do not have a car may be able to be covered for less.
  • Homeowners Savings – Being a homeowner may trigger a car insurance policy discount because owning a home shows financial diligence.
  • Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
  • Passive Restraint Discount – Cars that have air bags can qualify for discounts of up to 25% or more.
  • Military Discounts – Being deployed with a military unit can result in better rates.
  • Senior Citizens – Mature drivers may qualify for reduced rates for Protege5 coverage.
  • Auto/Life Discount – Companies who offer life insurance give a break if you buy life insurance from them.

Consumers should know that most discounts do not apply to the entire policy premium. Most only cut individual premiums such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, companies wouldn’t make money that way. But all discounts will help reduce the cost of coverage.

Car insurance companies that may have these money-saving discounts include:

Before buying, ask all companies you are considering how you can save money. Some discounts might not be offered in your state.

Where Can I Get Cheap Insurance Coverage?

When shopping for insurance coverage there are multiple ways to compare quotes from insurance coverage companies in your area. The fastest way to compare 2003 Mazda Protege5 insurance prices is to get quotes online. This can be accomplished using a couple different methods.

  • Probably the best way to find low rates is an all-inclusive rate comparison (click to open form in new window). This type of form saves time by eliminating boring form submissions for each company. One simple form will return quotes from all major companies. It’s definitely the quickest method.
  • A harder way to compare prices requires you to visit the website for every company you want to comare and complete a new quote form. For examples sake, let’s assume you want to compare Liberty Mutual, Geico and State Farm. To find out each rate you need to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

Whichever way you use, compare identical coverage limits on every quote you get. If you are comparing higher or lower deductibles it’s impossible to make an equal comparison. Just a small difference in insurance coverages can mean a large discrepancy in price. And when quoting insurance coverage, remember that more quotes will enable you to find better pricing.

When should I talk to an agent?

When choosing the best auto insurance coverage, there really is no one size fits all plan. Everyone’s situation is unique.

For instance, these questions can help discover if your insurance needs might need an agent’s assistance.

  • Why am I required to buy high-risk coverage?
  • How high should my medical payments coverage be?
  • Does my 2003 Mazda Protege5 need full coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What vehicles should carry emergency assistance coverage?
  • Why am I required to get a high-risk car insurance policy?
  • Does medical payments coverage apply to all occupants?
  • Should I get collision insurance on every vehicle?
  • Am I missing any policy discounts?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, complete this form.

Insurance policy coverages for a Mazda Protege5

Learning about specific coverages of your insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Liability coverage

This provides protection from damage that occurs to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like attorney fees, pain and suffering, medical expenses, court costs and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy higher limits if possible.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as crashing into a building, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Medical costs insurance

Med pay and PIP coverage kick in for bills like X-ray expenses, funeral costs, pain medications and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like rock chips in glass, theft, hitting a bird, damage from getting keyed and falling objects. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mazda Protege5.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages do not exceed the liability coverage limits.

Affordable insurance is out there

People leave their current company for any number of reasons including delays in responding to claim requests, policy cancellation, lack of trust in their agent and even extreme rates for teen drivers. Whatever your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

In this article, we covered quite a bit of information on how to get a better price on 2003 Mazda Protege5 insurance. The most important thing to understand is the more providers you compare, the better your comparison will be. Drivers may discover the biggest savings come from a company that doesn’t do a lot of advertising.

Budget-conscious insurance can be sourced from both online companies and also from your neighborhood agents, and you should be comparing both to have the best selection. A few companies may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

Additional detailed information is located in these articles: