Cheaper 2012 Mazda 3 Car Insurance Cost

Searching for cheaper insurance coverage rates for your Mazda 3? No sane person is fond of buying insurance coverage, particularly when they are paying too much.

There is such a variety of insurance companies to choose from, and although it’s a good thing to have a choice, it can be more difficult to compare company pricing.

Consumers need to quote other rates periodically since prices are usually higher with each renewal. Despite the fact that you may have had the lowest quotes for 3 insurance a couple years back there may be better deals available now. Block out anything you think you know about insurance coverage because you’re about to learn how to use online quotes to eliminate unnecessary coverages and save money.

Shop insurance online

To get cheaper auto insurance quotes, there a variety of ways to compare quotes from lots of insurance companies. By far the easiest way to comparison shop consists of shopping online. This is quite simple and can be completed by using one of the methods below.

  1. Probably the best way to find the lowest comparison rates is a comparison rater form (click to open form in new window). This form prevents you from having to do separate quote forms for every prospective company. Taking the time to complete one form will return quotes from several companies.
  2. A different way to compare rate quotes requires a visit to each company’s website to request a price quote. For instance, we’ll pretend you want comparison quotes from Nationwide, GEICO and State Farm. In order to compare rates, you need to go to each individual site and enter your information, which can take a lot of time. To view a list of companies in your area, click here.

The method you choose is up to you, but do your best to use identical quote data with each company. If the quotes have higher or lower deductibles then you won’t be able to determine which company has the best rates. Quoting even small variations in coverages could mean much higher rates. Just remember that comparing all the rates in your area gives you a better chance of getting the best offered rates.

Beware of misleading car insurance ads

Well-known car insurance companies like State Farm, GEICO and Progressive endlessly run television, radio, and online ads. They all seem to convey the message that you can save if you change your coverage. That’s great but how can every company give you a better price? It’s all in how they say it.

Insurance providers have specific guidelines for the driver that is profitable for them. An example of a desirable risk might be described as between the ages of 40 and 55, has no prior claims, and has a high credit rating. A driver that meets those criteria will most likely get cheap premium rates and most likely will save when switching.

Potential customers who don’t qualify for these standards will be charged a higher premium with the end result being the customer buying from someone else. If you listen closely, the ads state “people that switch” not “everyone who quotes” save that kind of money. This is how insurance companies can confidently make those statements.

This illustrates why you should get auto insurance quotes as often as possible. Because without a comparison, you cannot know which company will provide the lowest auto insurance rates.

Lower insurance rates with these tips

Many factors are considered when quoting car insurance. Some of the criteria are obvious like an MVR report, although some other factors are less obvious such as your marital status or your financial responsibility.

  • Having a spouse can lower premiums – Having a wife or husband can get you a discount on your insurance bill. Marriage may mean you are more responsible and insurance companies reward insureds because married couples file fewer claims.
  • Long commutes cost more – The more you drive your Mazda in a year the more it will cost to insure it. Most companies calculate rates based upon how the vehicle is primarily used. Vehicles left parked in the garage qualify for better rates than cars that get driven a lot. A policy that improperly rates your 3 is just wasting money. It’s always a good idea to double check that your policy reflects annual mileage.
  • Liability risk factors in – Liability insurance kicks in if you are determined to be liable for damages caused by your negligence. Liability provides legal defense to attempt to prove you were not liable. Liability is cheap when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Raise deductibles and save – Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your Mazda. Examples of some claims that would be covered could be a windshield shattered by a rock, hail damage, and having your car stolen. Comprehensive and collision coverage deductibles define the amount you are willing to pay if the claim is covered. The more expense you choose to pay out-of-pocket, the lower your rates will be for 3 insurance.
  • Maintain insurance coverage – Not maintaining insurance is a big no-no and any future policy may cost more because you let your coverage have a gap. Not only will rates go up, failure to provide proof of insurance will get you a fine, jail time, or a revoked license.

Auto insurance rates and discounts

Insuring your vehicles can cost a lot, but you may be missing some discounts that you may not know about. Most are applied at the time of purchase, but a few need to be asked for before they will apply.

  • Discounts for Safe Drivers – Safe drivers can save as much as half off their rates for 3 insurance than less cautious drivers.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and therefore earn up to a 10% discount.
  • Save over 55 – Older drivers may be able to get lower premium rates for 3 insurance.
  • Multiple Cars – Having all your vehicles on the same auto insurance policy can get a discount on all vehicles.
  • Pay Upfront and Save – If paying your policy premium upfront rather than paying in monthly installments you may reduce your total bill.
  • Organization Discounts – Belonging to qualifying employment or professional organizations is a simple method to lower premiums on your policy.
  • Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts as much as 30%.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up could cut 10% or more off PIP or medical payments premium.
  • ABS and Traction Control Discounts – Vehicles that have anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the overall cost of the policy. Most only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky. Any amount of discount will help reduce the cost of coverage.

The best auto insurance companies and a partial list of their discounts are:

  • 21st Century discounts include teen driver, defensive driver, student driver, automatic seat belts, and anti-lock brakes.
  • State Farm may include discounts for good driver, driver’s education, anti-theft, student away at school, accident-free, and Steer Clear safe driver discount.
  • AAA has discounts for good student, AAA membership discount, multi-car, good driver, anti-theft, education and occupation, and multi-policy.
  • Liberty Mutual offers discounts for exclusive group savings, new move discount, new graduate, new vehicle discount, and multi-policy.
  • Progressive may offer discounts for multi-vehicle, homeowner, continuous coverage, good student, multi-policy, online signing, and online quote discount.

It’s a good idea to ask each company how you can save money. A few discounts may not apply to policies in your area. If you would like to view providers who offer online auto insurance quotes, click this link.

Situations that may require an agent’s advice

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. For example, these questions might help in determining if you will benefit from professional help.

  • What is PIP insurance?
  • Do I need an umbrella policy?
  • Can my babysitter drive my car?
  • Is my ex-spouse still covered by my policy?
  • Are my friends covered when driving my car?
  • Do I need replacement cost coverage?
  • Do I have coverage if my license is suspended?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverage basics

Understanding the coverages of your auto insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverage types offered by auto insurance companies.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, rock chips in glass, damage from a tornado or hurricane, theft and damage from flooding. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage protection

Collision insurance covers damage to your 3 resulting from a collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sustaining damage from a pot hole, scraping a guard rail, backing into a parked car and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Mazda 3.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverages

This coverage protects you from damage that occurs to a person or their property. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as legal defense fees, attorney fees, loss of income and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as funeral costs, hospital visits, X-ray expenses, ambulance fees and doctor visits. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

A penny saved is a penny earned

As you quote auto insurance, don’t be tempted to reduce needed coverages to save money. There have been many situations where consumers will sacrifice full coverage and discovered at claim time that it was a big mistake. Your strategy should be to find the BEST coverage at the lowest possible cost, but do not skimp to save money.

More affordable insurance is attainable online and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis. Some insurance companies do not provide rate quotes online and many times these smaller companies provide coverage only through independent agents.

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